Comments on TurnFX

In this section we will analyze the TurnFX broker, is a Forex, CFDs and Cryptocurrency broker. Is TurnFX really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

You may be wondering why we made a review on TurnFX… It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not, to invest with an investment company.

 

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We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of: they don't mention it.

 

As to its location, The broker mentions being based in: Cyprus, Estonia, United Kingdom and Saint Vincent and the Grenadines, but in no case does it mention which company manages the website, so it is impossible to verify the locations.

 

If we analyze the regulation of the broker: since TurnFX does not mention absolutely anything about being a regulated broker, we believe that it is an unregulated broker.

If now we go on to analyze account types that TurnFX offers, we note that it offers 4 different account types; the Standard Account, the Silver Account, the Gold Account and the Platinum Account.

Standard Account- $ 500 minimum initial deposit, welcome bonus, personal junior assistant, 1 risk-free trade, individual training and signals.

Silver Account- $ 5.000 minimum initial deposit, 60% welcome bonus, personal executive assistant, 1 risk free trade, individual training and signals

Gold Account- $ 10.000 minimum initial deposit, welcome bonus, personal executive assistant, 3 risk-free trades, individual training and signals.

Platinum Account- $ 50.000 minimum initial deposit, welcome bonus, personal executive assistant, 10 risk-free trades, individual training and signals.

TurnFX account types
TurnFX account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

Las platforms to operate that TurnFX offers are: the MT4 platform.

We will now analyze the different resources and aids for traders that TurnFX provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

TurnFX website
TurnFX website

 

TurnFX provides the following aids or resources to traders or interested parties: explanation above of the different products that TurnFX offers its clients, really not much more than this.

 

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Other information about TurnFX

 

Some more information in case you want to contact the company, or see its website for yourself.

Website: turnfx.com/en/

Phone number+ 372 55648709

Email address: [email protected]

 

>>> Assessment on TurnFX <<

 

Ending with this section, in our opinion Do we think the TurnFX company is trustworthy? Should you invest your money with the company?

 

The truth is that, we believe that it is better to be careful because: it does not mention which company manages the website, everything indicates that it is an unregulated company, it is not clear where it really is based ... The website is practically identical to the from the broker FxFinest, which suggests that brokers are closely related.

 

Update: FCA (British regulator) has added TurnFX to its blacklist

 

For these reasons, we believe that TurnFX is not a recommended broker. In other words, we always recommend working only with duly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

 

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

 

We leave a vote open so that traders, clients and users of the broker can vote.

 

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

 

 

 

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8 comments on «TurnFX: Rating and Comments»

  1. a doubt Reply

    Hello Andres, I ask the same thing since I have a friend from turnfx who is supposedly generating good profits to invest but I do not know I am somewhat suspicious of them. I hope if someone can give me some advice gentlemen. I thank you in advance.

    • Recommended Brokers Post AuthorReply

      Hello Una Duda, thank you for your comment asking for information about TurnFX. On whether they are reliable, unregulated, not very transparent and it is not clear where they are based, this in our opinion is a very bad combination, if you want more details or our opinion just read this section about TurnFX.

      regards

  2. Dr Thomas Vaupel Reply

    TurnFX is now FxFinest with the same structure of Website. I will contact the Financial Conduct Authority (FCA) in the next days. The complete website is a fake.

    • Recommended Brokers Post AuthorReply

      Dr. Thomas: “TurnFX is now FxFinest, the web pages have the same structure. I will contact the FCA (England Regulator) in these days. The website is a sham. "

      • Recommended Brokers Post AuthorReply

        Hi Thomas, thank you very much for sharing your experience with TurnFX… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails?

        Greetings.

  3. Lucie fiala Reply

    It's the worst scam. Those people just disappeared with my money. Email addresses do not work, website doesnt exist. My money is gone. I hope they suffer for what they did to me and my friends !!!

    • Recommended Brokers Post AuthorReply

      Lucie: “It's the worst scam. These people just disappeared with my money. Email addresses don't work, website doesn't exist. My money is gone. I hope they suffer for what they did to me and my friends !!! "

      • Recommended Brokers Post AuthorReply

        Hi Lucie, thank you very much for sharing your experience with TurnFX… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails? How long have you been waiting for withdrawal?

        Greetings.

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