weareturbo.io has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: weareturbo.io.
I trusted weareturbo.io with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Professional team|Two-factor authentication
Cons: No crypto staking|Some tools only available on higher tiers
weareturbo.io advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Easy withdrawals|Multi-device support
Cons: Inactivity fee applies after 12 months|Withdrawal takes 1-2 business days
Do not be fooled by the professional-looking website. Behind the scenes, weareturbo.io is disorganized and incompetent. I found them based on a colleague's recommendation and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Educational resources|Good mobile app
Cons: Website design could be more modern|Alert system is basic
My card was charged twice by weareturbo.io on the same day. I had to dispute it with my bank. weareturbo.io then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Market news feed|Detailed reporting
Cons: No phone support on weekends|Website design could be more modern
The onboarding at weareturbo.io was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Social trading features|Good analytical tools|Fast support response
Cons: Limited ETF selection
I closed a profitable position at weareturbo.io and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Fast execution|Clean UI
Cons: Live chat only during business hours|Could offer more webinars
The mobile app from weareturbo.io is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Fast execution|Helpful community forum|No hidden fees|Professional team
Cons: Limited ETF selection|No integrated tax optimization
If you are reading this considering weareturbo.io - run. I wish I had read more negative reviews after my brother mentioned them. I thought the positive ones were real. Maybe some are. My experience over for close to eighteen months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Responsive team|Multi-currency support
Cons: Account statements could be more detailed
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. weareturbo.io recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Demo account available|Helpful community forum|Competitive fees|High security standards
Cons: Could offer more webinars|Onboarding videos are outdated