WikiFX

Reply

Turing offers a commission-free model, which is excellent for traders who are looking to cut down on trading costs. However, while there are no commissions, Turing still charges spreads, and while they start from 0.0 pips, they may increase depending on the asset and market conditions. The spreads being relatively low is an attractive feature, but traders should be mindful of potential fluctuations in spread during volatile market conditions. From my personal experience, I find the no-commission feature very appealing, but the high minimum deposit requirement of $1000 and the variable spreads could add up, especially for smaller traders. Also, when accessing your Turing login, you should double-check the trading conditions in real-time to ensure that spreads are as expected.