TurboMillion is a venture that has a terrible customer support service. They are not licensed which puts your fund at high risk. Investors need to be very keen when investing online. Ensure you deposit funds with the best brokers.
TurboMillion is a company that pretends to be the best forex broker in the market. Sometimes it is hard to recognize a scam in the market. Some fraudsters do a great job of convincing unsuspecting investors to send them their money. However, a more in-depth look always reveals shady details about the company.
Contrarily, this company is far from that. These are fraudsters only after your money. The people behind this company have no interest in serving your financial needs. Their aggressive marketing would convince many novice traders. Even their name is a marketing tool. They want you to believe that they can help you gain millions in trading.
Beware of such tactics. They claim that small investments create the immense fortunes. This shows that they are targeting all people, even if the investment is small. Forex trading involves a lot of risks, and no one can guarantee you any returns. They are just making these claims to attract unsuspecting individuals.
You are better off with the best legitimate forex brokers in the market. Such companies have been in the market long enough and have a high level of transparency. Only invest in such companies to save your peace of mind.
If you are looking for the best platform to trade forex, then you are in for a surprise. The platform that TurboMillion offers is one of the worst in the market. This platform does not have a lot of functionality and looks terrible. You can already tell that professionals were not involved in the development process.
Even worse, many reports claim that this platform is susceptible to fraud. Even worse, it has issues with price manipulation. This is not an environment you want to trade-in. Consider investing in companies that provide an MT4 or MT5 platform. These are popular platforms with many functionalities.
Further, the company promises its clients support and education. Education can be a beneficial tool for novice traders. It gets them introduced to trading and trading software. However, it is hard to establish the value of the education TurboMillion provides.
This is because the company does not introduce us to any of their experts. We have no idea who is providing this educational material. Consequently, it is hard to know the kind of trading experience that these people have. Only take investment advice from licensed individuals with an impressive track record.
TurboMillion Customer Support
Customer service is an essential service when it comes to companies offering financial services. Clients should be able to reach the company at any time. You should not trust any company that does not provide reliable customer support.
Unsurprisingly, this is the case with this company. TurboMillion provides three main channels to contact them. The first channel is by calling them on +420296182797. However, we called this number, and it was out of service.
The only other way is by email the company via [email protected] Additionally, you can fill out a contact form on the website. We all know that these channels can go unanswered for months. This company has no reliable customer support.
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There are five main account types on Turbomillion.com. These include the Mini, Silver, Gold, Platinum, and Premium accounts. All these accounts vary depending on the investment a client makes.
The Mini account accepts a minimum deposit of $250. This comes with an account manager to help clients in their operations. Additionally, clients get leverage of 1:200.
On the other hand, the Silver account requires a minimum deposit of $1,000. This comes with a personal account manager to help clients in their operations. The leverage stays the same as in the Mini account, at 1:200. Additionally, you get risk management tools and up to 30% margin loans.
The next account is the Gold account. This one requires a minimum deposit of $30,000. The leverage on this account is 1:300. Additionally, clients get risk management tools and up to 40% margin loans.
The Platinum account starts from $50,000. The leverage on this account is still 1:300. But you also get up to 65% margin loans and rushed withdrawals. Further, you get a portfolio construct and a fully managed account.
The final account is the Premium account. This requires a minimum deposit of $400,000. However, we did not see any distinction between it and the Platinum account.
Turbomillion Deposit and Withdrawal
The accounts offered by this company are not even slightly cheap. They are some of the most expensive investment plans in the market. Therefore, it is nice to see the company supports some of the most secure payment options. You can fund your account using credit cards, bank wire transfers, and e-wallet payments.
These payment options allow you to trace and recover your funds in case of a problem. However, this is not to say the company cannot defraud you. We highly advise against using the services of TurboMillion.
Founders and Account Managers
It is imperative to know the people behind the operations of a company. Sadly, this company does not introduce us to the founders of the team members. There are a lot of risks involved in investing in mysterious people on the Internet.
Such individuals can quickly disappear with your funds, and you will never hear from them again. Even worse, the company offers account management services but does not introduce us to its experts. Moreover, we have no idea what trading strategy they are using. Anonymous firms are very dangerous and can exit the industry without being traced.
Regulation and Fund Safety
The most important thing to look for in a company is regulation. Ensure you only invest in well-regulated companies. Regulatory bodies ensure that companies have the right environment to protect investors’ funds.
Unfortunately, this company did not bother to get regulation from regulatory bodies. Therefore, this company is offering financial services illegally. These people can do anything they want. This includes running away with your money. You will have no one to turn to because they have no regulation.
As such, this company cannot assure you of your funds’ safety. They probably do not have the right banking set up to protect your funds. Moreover, there is no evidence of systems’ protection. The platform these people are offering has no protection from hackers.
Unsurprisingly, TurboMillion is trying to convince us otherwise. The team claims to have SSL encryption to protect investors’ funds. However, reports of fraud and insecurity suggest otherwise. Your money is not safe with these people. These people only want to steal your hard-earned cash.
We hope that this review gave you some insight into the fraudulent operation that is TurboMillion. This company has no regulation to provide the services they offer. Therefore, you may lose all your money when the law shuts these people down.
Additionally, there is no introduction of the people behind the operations. We have no idea what experience these people have. Also, we have no idea the strategy they employ in their trades. You should never invest with people who are not transparent upfront. Even worse, this company does not have reliable customer support.
Only invest in legitimate forex brokerage companies that have been in the market for a long time. Such companies have an impressive track record and have regulations. Consequently, they can assure you of your funds’ safety.