✔️ Information reviewed and updated in February 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company Turbo is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Turbo and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteweareturbo.io
🏠 CompanyTURBO COMPANY
Regulatorynot regulated
📧 Email[email protected]
📈 LeadingOwn platform
📌 AddressUnknown
🕑 Website ageWebsite registered on: December 08, 2020
Company typeAutomated trading service

Company: Turbo is owned by TURBO COMPANY.

Location: Turbo does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.

We can already tell you that we are concerned about several characteristics of this company.

What is Turbo?

After having carried out an analysis of the company's website, we can say that Turbo is an automated trading service platform.

Account types

The company does not provide information about having different types of accounts.

Information on the web

turbo website 2

Here we show you a screenshot of the Turbo website, which is weareturbo.io. The capture was made in December 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: +601 5085348 | +34 518889870 | +39 06948002920

– We have found the following email: [email protected]

Turbo Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

Turbo presents us with a very worrying situation; He mentions absolutely nothing about its regulation. What does this make us think? We are talking about an unregulated platform. What does it mean? This means that clients are without any type of protection. That is to say, if the company has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final Turbo Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Turbo and we have reached the following conclusions about this company:

Location: It is not mentioned where it is located.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

In addition to this the company has pyramidal characteristics, please be careful.

We noticed that the company apparently is linked to scam companies or companies with a very bad reputation.

Please remember that the company has been reported by different financial regulators (in this case AMF, the French regulator). Use EXTREME CAUTION.

To summarize our evaluation of Turbo, the alarm bells are ringing loudly. The unknown location and lack of regulation give us reason to pause and reflect. When it comes to automated trading services, transparency and regulation are key, and Turbo seems to fall short of those standards. Furthermore, the presence of numerous negative user opinions and the suspicion of a possible pyramid scheme raise the concern even further. In our opinion, it is safer to explore other options that offer greater transparency and security in the exciting world of automated trading.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Turbo video review

Updates

Turbo news:

Date Update – news
August 2022Turbo broker is linked with FxWinningA company with a bad reputation.
April 2023Complaint against Turbo de financial regulator AMF

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

What do you think of Turbo? What has been your experience?

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Turbo.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Turbo

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Turbo

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Turbo?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Turbo?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Turbo reliable?

No. Turbo is not reliable, it is a very unsafe company: 1) mention location situation, 2) mention regulatory situation 3) mention age of the website 4) o 5) o 6) o 7) optional depending on whether the company has pyramidal characteristics or mentions returns so high that we believe they are false or is linked to a scam company or has warnings from financial regulators

How to recover money from Turbo?

If you want to know how to recover your capital, you can see it is located here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

37 comments on «Turbo: Opinion and comments – Is it a scam?»

    • Recommended-brokers.com Reply

      Hello Ramiro, thanks for writing about Turbo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hi Martin, thanks for writing about Turbo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  1. Bernard Freeman Reply

    It is a scam and the lawyers who pose as money recoverers in Turbo and who offer to rescue the money are also a scam. They should look for serious companies with a recognized reputation like Mychargeback.

    • Recommended-brokers.com Reply

      Hi Bernard, thanks for writing about Turbo. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hi Luca, thanks for commenting on Turbo. This broker is a SCAM. The AMF (French Financial Regulator) has already warned about them, for fraud and not being regulated (See AMF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To recover your money, try our CHAT or in the FORM of this link: CLAIM YOUR MONEY
      Greetings.

  2. ibeth stolen Reply

    Well, since January 2023 they have not returned money, according to them because they have many users and it has been difficult for them, until December 2022 they had been delivering what was requested, but as of January 2023 they have not returned anything

    • Recommended-brokers.com Reply

      Hi Ibeth, they keep paying with your own money and that of new clients until they accumulate a good amount and start making excuses for not paying, that's how all these scam brokers like Turbo do. Thank you for commenting on Turbo Trading. This broker is a SCAM (Dow500, Turbo Trading, Foptrade, Dow300, DowBroker, FinanCenter, Simple500, SMINVEST, Scope Markets, TechInvest, DowTrade and DowFx are part of a criminal group dedicated to international scams). Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU

      Greetings.

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