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Turnkey Forex

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Operating status: SCAM

Website: https://turnkeyforex.com/

Broker violations and abnormal records
  • Jun 13, 2021 BrokersView has reviewed that Turnkey Forex is an unregulated forex broker
    Turnkey Forex claims to be headquartered in UK while providing zero details about the trading license on its website, which is already a red flag for potential traders. However, it is not supervised by the authorization of the Financial Conduct Authority (FCA), the regulator that approves licenses for the brokers in UK, since BrokersView didn't find any information about its regulation from FCA. So currently Turnkey Forex is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    Turnkey Forex claims to be headquartered in UK while providing zero details about the trading license on its website, which is already a red flag for potential traders. However, it is not supervised by the authorization of the Financial Conduct Authority (FCA), the regulator that approves licenses for the brokers in UK, since BrokersView didn't find any information about its regulation from FCA. So currently Turnkey Forex is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
  • Sep 25, 2025 BrokersView has identified that Turnkey Forex's website is currently offline

    BrokersView found that the domain "https://turnkeyforex.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://turnkeyforex.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

Why was the withdrawal in Turnkey Forex so slow?

TANABOON
Palestinian Authority
Mar 10, 2023
ANSWER Turnkey Forex is an unlicensed trading platform whose web server is not responding now.As we tried to visit the website provided in your question, the browser cannot load the web page, showing a 404 error. Generally, it is a bad sign for a broker, meaning that it may provide financial services or products without authorization.Additionally, according to our record, Turnkey Forex presented zero details about its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. For more details about this broker, you can check our full Turnkey Forex review.The truth is, Turnkey Forex is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. As for the question you asked, a fraudulent trading platform usually tries to stop investors from withdrawing money. Therefore, we would like to recommend traders stay away from unregulated brokers like Turnkey Forex and trade with licensed brokers.
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Is Turnkey Forex a scam？

sugiarto
Indonesia
Nov 05, 2021
ANSWER Turnkey Forex is NOT a legitimate broker and should be avoided at all events. Turnkey Forex claims to be headquartered in the UK, whilst providing zero details about the trading license on the website, which is already a red flag for potential traders. Besides, it is not supervised by the authorization of the Financial Conduct Authority (FCA), the regulator that approves licenses for brokerages in the UK, since we didn't find any information about its regulation from FCA. So Turnkey Forex is currently not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam. We would recommend traders to stay away from unregulated brokers like Turnkey Forex and trade with licensed brokers.
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7 comments

Matthias
Live trading with Turnkey Forex since 3 months. Until now, everything is perfect. After reading the reviews, I tried to withdraw some money. Within 2 days, it is in my account. Good job. Keep it up.
Jun 18, 2023
Reply
Franco Pedrosa
I am new to trading on Turnkey FX. After 2 months, I found they are a liar for preventing me from withdrawing. My account manager threatened that I will not get my money back if I have not reach the turnover volume and the bonus I agreed. I told him I did not asked any bonus or sign any paper of bonus. But still failed to withdraw.
Jun 07, 2023
Reply
elsa
Turnkey Forex is an unregulated fraud broker who refuses to pay profits. Avoid it.
Jun 03, 2023
Reply
Go For It
Good servers. But the commissions are a little higher than your usual broker.
Jun 02, 2023
Reply
Zee
Hi, I recently started trading with Turnkey Forex. I am not satisfied at all. The withdrawal is terrible! I do not recommend this broker to others.
Oct 30, 2022
Reply
Diogo
Guys, after you open an account, many people will contact you to deposit, but after you deposit, they will never reply to you, I contacted them for almost 2 months, they always transfer me to another person, and let me have new problems in their system.
Oct 13, 2022
Reply
Mikeioc
Turnkey used to be a great place to trade. Recently in June I funded an account with $500. I ran that account and a second account up $40k plus in total equity. I requested 4 withdrawals for a total of $24,000. Those withdrawals took more then a week to receive (keep in mind they quote you 48 hours for processing) and on top of them being late, all of them were short. They never sent the full amount, each withdrawal was short between $70 and $400. The last $16k I put in for withdrawal on Monday 7/6/2020. From 7/8/2020 I requested to know when they will process my requests. They (Barry, Anthony, Support Team) told me, every day ( sometimes twice a day) they have escalated my issue to be processed by the end of they day. Every single day 1 to 2 times a day I would inquire about my withdrawal issue. Almost two weeks later I am still without my withdrawal. I also have fellow traders who are also waiting on withdrawals that are one week to two weeks late. I have screen shots of everything from my deposits, to the lies they tell me about being processed, I have everything documented. I didn't want to go anywhere and leave a bad review, but since they are scamming traders (or until I get my money), I need to help those who are looking for a good offshore broker to not go to Turnkey Forex. If they pay I will UPDATE this post only if they stop lying on their website.
Jul 16, 2022
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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