TurboTrade.Fund Forex prop firm review

TurboTrade.Fund prop firm offers funded accounts ranging from 10k to 2 million dollars. The profit sharing ranges between 50% and 80%. The firm has a minimum trade requirement, meaning traders need to open at least 50 trading positions to pass the challenge, which is a very high number. Minimum trading days are also 10, which makes the challenges quite a lengthy endeavor with this firm.

In this TurboTrade.Fund review, we will assess the firm’s safety, funding options & types, fees, platforms, assets, support, and more. After reading this unbiased assessment of TurboTrade.Fund you will conclude whether the firm can be trusted.

Pros & cons of TurboTrade.Fund prop firm

Pros

• Offers diverse funded options from 10k to 2 million dollars
• Provides access to the advanced MetaTrader 5 (MT5) trading platform
• High minimum trading days (10)
• Partnered with an unregulated broker
• No educational resources, free trial, or free repeats

Cons

• Requires at least 50 trades to pass the challenge
• Profit-sharing starts at a low 50%

Safety of TurboTrade.Fund – 0

There are almost no TurboTrade.Fund reviews on the FPA, which is a bad sign. On the Trustpilot, the firm has around 15 reviews, which is also a very small number and won’t allow us to evaluate trader experience with the firm’s challenges. When it comes to experience in the industry, the firm is very young and launched in 2024. The firm is partnered with QuickTrade Broker, which is not regulated by any authority.

The firm gets a 0 score in this section because it lacks trader reviews, is young, and is partnered with an unregulated broker.

TurboTrade.Fund Funding and maximum capital allocation – 3.5

TurboTrade.Fund funded programs are limited to only one challenge type. This program offers a wide range of funding options. The list of TurboTrade.Fund funding options includes 10k, 20k, 30k, 40k, 50k, 100k, 150k, 200k, 250k, 500k, 1m, and 2 million USD amounts.

TurboTrade.Fund challenges require traders to hit profit targets in an extremely short period of time.

TurboTrade.Fund scaling plan is not available, as the firm offers up to 2 million dollars by default, which is an impressive number.

Overall, the firm gets a 3.5 score in this section.

TurboTrade.Fund Assets – 2.5

TurboTrade.Fund prop trading assets include Forex pairs, indices, commodities, and cryptos. There are no other assets offered, and the maximum leverage is up to 1:100. The firm gets a 2.5 score in this section.

TurboTrade.Fund Trading rules and limitations – 1

TurboTrade.Fund rules are strict, as traders must hit the profit target between 10 minimum and 30 maximum trading days, and they need to at least open 50 trading positions, which limits the trading strategies that traders can employ. No swing trading or trend trading will allow traders to get funded within this narrow window, and only scalping methods can be used. However, there is no trading account with zero spreads, and it will be difficult to hit profitability after paying spreads and commissions. The profit target is 5%, which is very reasonable for this kind of requirement. The daily risk limit is 5%, and the overall drawdown is set at 10%, which is also reasonable. News trading, weekend holding, and overnight holding are not allowed. Overall, the firm gets a 1 score in this section.

TurboTrade.Fund Fees – 2

The pricing by the firm is expensive when compared to reliable firms. The smallest one-time fee is 100 dollars for the smallest, 10k USD challenge. There are no other options for cheaper prices, which is a downside for the firm. Spreads are not 0 pips, which makes it difficult to trade with scalping strategies that require the lowest spreads and commissions.

TurboTrade.Fund free trial is not offered, and the TurboTrade.Fund free repeat is not available either, making it impossible to check trading conditions before purchasing the account.

The firm gets a 2 score in this section.

TurboTrade.Fund Platforms – 4.1

The firm allows access to the advanced MetaTrader 5 (MT5) trading platform, which offers custom indicators and automated trading capabilities. Mobile trading is available via the MT5 mobile app.

Overall, the firm gets a 4.1 score in this section.

TurboTrade.Fund Profit-Sharing – 1

TurboTrade.Fund profit split ranges between 50% and 80%. The starting point of 50% is very low and unattractive, but the maximum 80% is industry-standard. Traders can acquire 80% profit sharing after they start consistently withdrawing monthly profits.

The firm gets a 1 score in this section as it is unclear when traders can get 80% payouts.

Education and trading tools at TurboTrade.Fund – 0

There are no educational resources offered by the firm, which is a downside. There are no trading tools and indicators offered either, which is also a disadvantage for beginner traders.

The lack of a trading blog only adds to this list of inefficiencies in the caution department, and the firm gets a 0 score in this section.

Customer Support at TurboTrade.Fund – 3.6

The firm offers live chat, phone support, and email channels, which is very respectable. Many firms do not disclose their phone numbers, which is not the case with the TurboTrade.Fund. However, all services are offered only in the English language, which is a minor downside.

Overall, the firm gets a 3.6 score in this section.

Frequently Asked Questions on TurboTrade.Fund