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Trends Turbo -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2022-05-05 21:01

Abstract:Trends Turbo presents itself as a multi-award-winning forex and CFD broker that provides its customers with over 450 assets with optimal trading conditions. It also hypes that it offers up to 400:1 leverage, over low spreads and zero commissions.

General Information

Trends Turbo presents itself as a multi-award-winning forex and CFD broker that provides its customers with over 450 assets with optimal trading conditions. It also hypes that it offers up to 400:1 leverage, over low spreads and zero commissions.

Market Instruments

Trends Turbo advertises that it offers various trading instruments, including 50 currency pairs and 45+ CFDs.

Account Types

There are four trading accounts offered by Trends Turbo, namely Bronze, Silver, Gold and Platinum. The minimum initial deposit to start a Bronze account is $250, while the other three accounts require much higher initial capital, $2,000, $10,000, and $50,000 respectively.

Leverage

Maximum leverage is significantly affected by what type of accounts you are holding. The maximum leverage in the Bronze account is 100:1, the Silver account is 200:1, the Gold account is 300:1, and the Platinum account is up to 400:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are significantly affected by what type of accounts you are holding. The spreads in the Bronze account start from 2.8 pips, the Silver account from 2.5 pips, the Gold account from 1.5 pips, and the Platinum account from 0.1 pips. All accounts no commissions.

Trading Platform Available

When it comes to trading platforms available,Trends Turbo gives traders a choice of Meta Trader 4. Unfortunately, we have no way to verify if it is really available.

Deposit & Withdrawal

There are two payment options on the menu: credit/debit cards like VISA and MasterCard, yet we cannot confirm it.

Customer Support

Trends Turbos customer support can be reached through telephone: +447441426892, email: support@trends-trbo.com. Company address: First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

LeverageBrokerCommissionCurrency PairDealerForex Brokerforex pips

Related broker

No Regulation
TrendsTurbo
Company name:KMA Group LLC
Score
1.49
Website:https://trendsturbo.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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