A short-term contract trading platform, TurboXBT is making a lot of waves in the financial markets because it presents the chance of making high profits to everyone, regardless of their experience. The intriguing offer is drawing the attention of many, but you should know what to expect before signing up for it. This is where you can take advantage of the following TurboXBT review because it can shed some light on its offerings.
Introduction to TurboXBT
Based in Seychelles, TurboXBT is a short-term contract trading platform that requires you to choose an asset, decide an amount, and choose the duration for the contract as per your preference and make a prediction. This means that you have to decide whether you believe the price will go higher or lower when the contract ends. If you turn out to be right, you will get a whopping 90% profit off your prediction. If you are wrong, you will lose the money you invested.
Fees at TurboXBT
The most interesting thing you will come across at TurboXBT is that they do not charge you any excessive fee at all. You don’t have to pay any deposit or withdrawal fee, except for the blockchain network fee that is not under the platform’s control. They do not charge you a commission and you don’t need to pay them for every trade either. It is only when you make a profit that 10% of the profit is taken, which makes it a very good deal.
Assets at TurboXBT
When you decide to use the TurboXBT platform, you will have the opportunity to choose from more than 30 assets. You will be able to trade forex pairs, cryptocurrencies, metals and other commodities as well as indices. For cryptocurrencies, the platform only supports BTC/USD and ETH/USD pairs. There are a total of eight forex currencies supported, which include GBP, USD, EUR, AUD, CHF, JPY and CHF and 30 trading pairs are available.
You will have access to gold, silver, crude oil and Brent available at TurboXBT when it comes to commodities and three indices namely S&P 500, DAX and Nasdaq are supported here.
Design and Usability of TurboXBT platform
The straightforward and simple user-interface of the TurboXBT platform is highly appealing because it only offers you the buttons you need to trade and nothing more. There is a live tracker you will find on the landing page that provides you updates about the performance of the assets and monitoring it can help you decide your course of action. You can also check your trade history, your active positions and a leaderboard.
Security Features of TurboXBT
One of the most appealing features that you will come across at TurboXBT is that they have taken appropriate measures to keep their clients’ funds secure. They offer offline cold storage for keeping all digital assets, along with multi-signature wallets. Two-factor authentication is used for protecting all accounts and IP allowlisting is also use. Moreover, every withdrawal request is manually checked before it is processed to ensure maximum security.
Deposits and Withdrawals at TurboXBT
Cryptocurrencies are used for both deposits and withdrawals on the TurboXBT platform and you can use coins, such as BTC, ETH, USDC and USDT. Fiat currencies are not supported by the platform as yet. The good thing about the platform is that it doesn’t charge you any deposit or withdrawal fee, which can help you keep your trading costs low. The only restriction you have to deal with is the time of withdrawal, as there is a specific time period during which the platform processes withdrawals.
Customer Support at TurboXBT
Good customer support is another priority at TurboXBT due to which they have added an FAQ section for providing answers. You can also reach out to their team via Twitter and Telegram, or use the live chat option on their website to get a response.
Put all of this together and TurboXBT is definitely a great solution to make high profits in a short period of time.