Turnkey Forex Review Should You Use This Broker?

You have to fill in the details like Name, Phone Number, What’s your purpose and the representative will be in touch with you as soon as possible during the official working hours. When you are going to choose the trading account, it totally depends on the investment size or what you have chosen with commission fee or without paying a commission fee. The company is working on unique solutions to overcome your competitors (B2Margin, B2Trader, etc.). Furthermore, B2Broker serves as a liquidity provider for newcomer businesses. As a White Label you get a raw price stream with a low commission for volume.

• I started having the ea last month, no fear about the ea services yet.
• Generally, entities that solicit you to trade are required to register with the CFTC.
• You must understand that Forex trading, while potentially profitable, can make you lose your money.

The best and the most popular professional FOREX trading platform White Label solution tailored specifically to your brand. There are many different USPs that you can offer your clients to differentiate yourself from your competitors, all of which are based on B2Broker products. If he likes it, he opens an account and follows one or several money managers. Communicate with a client through via email, write blog posts, develop new offers for active clients such as free VPS, reward programms for big commissions or contests.

A one-stop portal to the FX business market

If you’re thinking about creating your own Forex brokerage service using a white label solution or just looking to learn more about it, this comprehensive guide is for you. Most if not all the features of Turnkey so far indicate a specialized broker ideal for traders with experience. The main difference consists of whether your strategy would benefit from tight spreads and a low commission, or a higher spread with no commission. This eventually boils down to the volume traded and your specific objectives, but the costs are similar.

Professional brokers state that newcomers may enter the market, facing no hurdles in case of dealing with the industry leaders. We allow the use of B-book groups, but you still need to be connected to the A-book liquidity pool. No, we offer a cryptocurrency payment gateway which is capable of accepting any crypto but not fiat currency. Give them a personal account manager for exceptional support of your most valuable clients. Choosing a jurisdiction for company registration, connecting payment systems and even deciding on marketing channels will fall under the remit of your legal team.

What is a FOREX Broker?

The xManager back-office system is designed to help partners manage their clients, monitor live trading activity, set up different trading groups and spread markups, commissions, and users. Partners can also access a mobile app for account management and real-time financial trading. All in all, Turnkey is a good broker for intermediate and advanced traders who understand the additional risks of using the services of an unregulated broker. Established brokerage technology and services provider offering a comprehensive suite of solutions through its SaaS trading platform, including Forex, CFDs, crypto, and advanced social trading features. When it comes to pricing, X Open Hub is flexible and allows you to choose the services you need, so you can manage your expenses.

It proves to be a reliable platform as SSL encryption is used in order to protect the trader personal information safe and secure. B2Broker offers exceptional levels of technology and speed of execution facilitated by a single liquidity contract and single margin account. No need to enter into a separate agreement with an exchange, bank, prime broker, or liquidity provider. The APIs that are part of the white label solution package can be used as a means of communication with end users who can connect to the trading platform directly. These APIs can also be used to integrate with other services to add more value to your business with costs-saving methods. I’ve tried out several brokers and the only one that impressed me was TurkeyFX.

Is TurnkeyForex regulated?

The broker provides the options of managed accounts, social trading platforms and a free virtual private server to support clients in their trading activities. They are however lacking regulation which should make traders think twice about using them. Turnkey Forex offers the MetaTrader 4 forex trading top platform. TurnkeyForex.com offers over 80 forex currency pairs, indices, commodities, cryptocurrencies, gold and silver for your personal investment and trading options. Please read Turnkey Forex Reviews below and share your live trading experiences with this broker. Leverate is a leading white label Forex provider offering a range of innovative products and services to Forex brokers and other financial institutions.

The forex spread is the difference between a forex broker’s sell rate and buy rate when exchanging or trading currencies. Spreads can be narrower or wider, depending on the currency involved, the time of day a trade is initiated, and economic conditions. An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates. Finally, it’s worth noting that this forex broker is very flexible when it comes to deposits and withdrawing money. InstaCoin and crypto payments are processed immediately, while VLoad depends on your tier.

A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. Just like Hankotrade, it offers ECN and STP accounts, and the minimum deposit is only $10, and low spreads start at 0.0 pips.

You can also find a lot of different information, videos, tutorials and tools on the internet. Tree of rewards offering an unlimited level-based partners turnkey brokerage solutions program that rewards more than just direct IBs with commission. Offer your partners dynamic rebates with an adjustable formula calculation.