TurboForex Review 2026
Full TurboForex review for Georgia traders — regulation, spreads, fees and our honest verdict.
Regulation in Georgia
| Regulator | FSA FSA — Seychelles Financial Services Authority (FSA) |
| Licence Number | SD031 |
| Regulated Entity | TurboForex Group Inc |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $250 |
| EUR/USD Spread | From 1.5 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD10/month after 3 months |
Verdict
Regulated by FSA (licence SD031). Minimum deposit $250. In Georgia: maximum forex leverage 1:500.
About TurboForex
TurboForex was founded in 2012 and is headquartered in Victoria, Seychelles. The broker offers 300 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by TurboForex Group Inc under FSA.
In Georgia, TurboForex operates as TurboForex Group Inc, authorised by FSA under licence number SD031. Georgia traders are subject to a maximum leverage of 1:500 on forex pairs under FSA rules.
Trading Platforms
Pros
- FSA regulated — licence SD031
- 300+ instruments to trade
- Negative balance protection in Georgia
- Platforms: MT4, MT5
Cons
- Inactivity fee: USD10/month after 3 months
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is TurboForex regulated?
TurboForex holds FSA licence SD031, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FSA public register.
What is the minimum deposit for TurboForex in Georgia?
The minimum deposit is $250. This is the amount required to open a live trading account for traders in Georgia under FSA regulation.
What leverage does TurboForex offer in Georgia?
In Georgia, TurboForex offers maximum forex leverage of 1:500 under FSA rules. Higher leverage may be available through offshore-regulated entities.
Is TurboForex safe to trade with?
TurboForex is regulated by FSA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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