The customer supoort also works actively because the broker has live chat. Creating a marketing strategy will help you get a clear understanding of what products you should offer potential clients and how you will reach them. After gathering answers to these questions, you will begin to gain an understanding of what technologies you need. Technical analysis is one of the core elements of success in the financial markets.
Overall, it was a peculiar event, as I’ve not encountered such happenings before. I started trading with another broker, I was doing well there until I met with a string of losses then I decided to move onto the next broker and so it goes on. Until one day I discovered Turnkey FX and I instantly fell in love with how professional their services were. The best and the most popular professional FOREX trading platform White Label solution tailored specifically to your brand.
Open real account or open demo account with Turnkey Forex
In this part, we gather common questions about Forex turnkey solution providers. Usually, traders have many turnkey solution-related questions and here we assist in that. An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest turnkey forex brokers reviews 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. With more than 70 currency pairs, Turnkey Forex is a great choice for forex trading.
Average distribution of sources of income and costs in the financial plan of brokerage company. Your sales strategy will be closely related to your marketing strategy and vice versa. Hence, any decisions you make in this part of your business model will have a significant influence on your operations overall, including marketing.
WikiFX Verification
Traders should trade with well-regulated brokers such as FP Markets and XM. Therefore, it became an offshore zone for shady forex brokers. Turnkey Forex can be summarized as a trustworthy broker that is not regulated with a trust score of 40 out of 100. Turnkey Forex offers two accredited trading accounts with a minimum deposit amount of $10 USD.
- Yes, but as you are white label, you will need to ask your service provider’s permission to integrate B2Broker liquidity.
- A new generation of professional software that helps brokers and exchanges manage their customers, admins and IB-partners in one place.
- Segregated accounts are used to differentiate between the broker’s working capital and its client investments.
- The Turnkey Forex VPS is free for those of you who maintain a balance of $5,000 and above.
- My only concern would be the lack of regulation which we will look at in the next section.
If you want a greater variety, FXChoice are another forex broker that have a nice selection, including online payment processors. You can choose between a couple of accounts, depending on what your trading strategy requires. The broker keeps things nice and simple with a choice of an ECN or STP account. The minimum trade size is 0.01 lots while the maximum is 100 lots.
Different account types give traders a choice of services as well as useful tools for different needs. Based on your strategy, you have a choice of two standard account types that allow you to maximize your benefits. You can choose between opening an ECN account or an STP account, both with excellent trade execution.
Footer Start
It is a fully branded solution and clients will never know whether you are using a White Label or Main Label license. Ongoing monthly costs for full licensing, servers and a technical support team. Avoid high credit card fees and accept crypto payments for as low as 0.5%. Downloadable reports, real-time balance and transaction history with transparent fees.
This gives a trader the opportunity to easily execute large-volume orders. I would say this would probably be a better option for anyone who is scalping or using strategies that need the tightest possible spreads. Turnkey Forex is primarily a forex broker that has tight spreads and low fees for all types of trading strategies. You can trade forex on user-friendly platforms from just $10, get access to managed accounts, a free VPS and around the clock support. MetaTrader 4 is a widely used trading platform among forex traders all over the world.
With this plugin, you can pause the execution of orders by selecting traders to get slippage from them. Turnkey Forex utilizes some of the popular payment methods for deposit and withdrawal transactions of its clients. It provides ECN and STP services; it directly passes on trades to the liquidity providers. It does not charge for deposit, withdrawal or even inactivity fees. The spreads provided are tight across all its assets and platforms.