It is more intuitive, and offers significant improvements in areas of copy trading, mobile trading and other innovative features that make trading account management more efficient. Either way, I don’t think you can go wrong with these platforms. They can be customised to be as complex or simplistic as you need them. You shouldn’t have any trouble analysing charts, placing and managing trades. There are also plenty of video tutorials and guides available online and within the platform to help you if need be. 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.
Working with iQinik means, you can provide a smooth & salient trading experience to your customers backed by security, speedy transactions, & an overall positive experience. A turnkey solution is a great tool to establish and run a Forex broker or financial trading company. As long as the Turnkey provider is a reliable source and provides customers with all the necessary documentation and procedures they need to follow. There are a number of reasons I believe that this broker is good.
Broker Types
We provide a dedicated system for the administrators to review the CRM & check the team progress. Recently Turnkey Forex has become a trending topic in forex markets. WikiFX made a comprehension review on Turnkey Forex to help you better understand this broker. We will analyse the reliability of this broker from specific information, regulation, exposure and etc. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.
In addition to the common market, limit and stop type orders, your clients will have access to hidden and stop limit orders, with multiple Time in Force options. With Forex Broker
turnkey broker Turnkey, you get services that have evolved and improved along with the FX market since 2005. All information on 55brokers.com is only published for general information purposes.
Straight Through Processing Account
You can then make a deposit to allocate funds to the manager’s account should you wish. Any potential profits are shared automatically based on the agreed conditions. I actually prefer to trade by myself as it gives me full control over my decisions and is a great way to learn, even from my mistakes.
If you only need some of the solution products, contact us to discuss integration options. A carefully designed back-office Forex broker software dedicated to maintaining a healthy trading system. For the sublicensee’s clients, a Trading Room component is also created with access to all the necessary functions. The sublicensee gets access to all client applications, including web, desktop and mobile. SALV integration is a great tool for in-depth analysis of the user activity and access to information on penalties to make informed security decisions.
How Good is the Customer Support of TurnkeyForex?
The service allows opening a follower’s account with as little as $1, and PnL is automatically distributed between the PAMM-manager and all their followers. But to expect rapid growth, you need services and technology that are designed considering all the peculiarities of the domain. Although the Forex market is highly saturated and extremely competitive, the trading volumes amount to trillions of dollars, and there is always a place for a new player. An effective tool for managing your risk strategy, the pip value calculator lets you calculate the value per pip of each position. With this tool you can monitor your risk for each trade with more precision. Turnkey Forex affirms that it uses Secure Socket Layer encryption technology to protect information submitted to it by the clients.
Thus, if you learn how to use one of them, you will probably be able to use both. A key advantage of MetaTrader over other platforms is that you will find it readily available and free to use with most brokers. This can be useful if you decide to switch providers down the line and don’t want to learn a new platform from scratch. Client funds are held in segregated accounts maintained in the top banks. These funds are separate from the brokerage firm’s accounts and thus should not be used by the broker under any circumstances.
How to Open a Turnkey Forex Account – Step-by-Step Guide
AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. 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. Turnkey Forex is one of the few forex brokers that provide access to Act Trader, apart from Coinexx, a broker with a relatively poor reputation and mostly known for crypto trading.
- Also, MetaTrader 4 and Act Trader are some of the most popular platforms in the world for forex trading.
- The VPS allows you to use powerful, automated strategies 24 hours per day without being worried about computer hardware or power supply.
- However, with more and more brokers available on the foreign exchange markets nowadays, you need to find a fair broker that helps you be consistently profitable from your many trades.
- We offer a large range of products and services to enhance your business operations.