Turf Capital Private LTD is a Singapore-based CFD broker that boasts 134 thousand clients. However, there is no evidence of this, such as a certificate of incorporation of a legal entity, financial statements, and copies of licenses. Despite the fact that the broker claims years of operation 2008-2024, as indicated in the website footer, its domain was only created in late December 2024.
How reliable is this broker? Does it exist in the legal field? We will look into this further in our review of the company’s financial and legal activities.
Trading Conditions
The company allows clients to trade CFDs on indices, forex, and other markets. There are no spot and futures assets. Transactions are concluded via a web trader, a mobile version is also announced.
In general, trading conditions can be described as follows:
- Deposit from 100 euros.
- Spreads from 0 pips.
- Four tariff plans.
- The main currency is EUR.
The broker does not offer a demo account. No deposit/withdrawal fees are charged, except for the fees of the issuing bank.
Additional services include a news feed, quote charts, webinars, as well as access to CME reports, trade copying, arbitrage, and IPOs. In addition, you can utilize educational tools. The interface has translation into 3 languages.
Review of Turfcapprivate.com Domain and Website
We have checked the information about the broker’s domain name in publicly available services like Whois.com, and came across the following data:
- Registered On: 2024-12-24
- Expires On: 2025-12-24
- Name Servers: darl.ns.cloudflare.com, uma.ns.cloudflare.com
This means that the Turfcapprivate.com domain was registered quite recently – at the end of 2024. However, in the footer of the website, a different period of activity of the broker Turf Capital Private LTD is indicated – 2008 – 2024 (despite the fact that at the time of publication of this review it is already March 2025, and the company did not bother to update the information on the official website).
A few more interesting facts:
- It is impossible to find out what hosting the website is registered on, since the name servers are hidden by the Cloudflare service. There is nothing wrong with using this method of protecting the site from DDoS attacks and personal data of clients. However, the fact is that the service is also used by scam brokers to avoid domain blocking by the real IP address of the server and its geolocation.
- turfcapprivate.com uses a regular free Let’s encrypt SSL certificate of the Domain Validation type, which does not require confirming the reality of the company’s existence with documents. This is acceptable in some jurisdictions for a company that is just starting out, but is not typical for a broker that has been around since 2008. Reputable brokers issue paid OV or EV SSL certificates for their domains to confirm the ownership of the domain by the company, earn the trust of clients and ensure a high level of security.
- If you Google the branded query “Turf Capital Private LTD”, you will come across a LinkedIn profile of the company, which specifies a different website – turfcapital.com.sg. The original fund management company has no relation to the broker with the domain turfcapprivate.com: it was founded in 2014, and does not position itself as a CFD broker.
- When checking on the official website mas.gov.sg, we found that a company of the same name with the registration address 143 CECIL STREET #03-01 GB BUILDING 069542 does exist, but the type of activity is indicated as “Fund Management”, which does not match the information provided on the broker’s website. The phone number in the MAS (Monetary Authority of Singapore) register and on the broker’s website also do not match.
Conclusion
Let’s summarize the review of Turfcapprivate.com: the domain was registered at the end of 2024, and it is too young to trust. In addition, another company with a different website and activities is registered in MAS. Despite all attempts, the legality of the CFD broker could not be confirmed, but several inconsistencies raise doubts about the legitimacy of the broker as a financial service provider.
FAQ
Would investing in Turf Capital Private LTD offer the best returns?
You are unlikely to make a profit here, as the company hides information about commissions and offers clients a primitive terminal. In addition, the excessively high leverage of 1:500 multiplies the risk of losing your capital.
Does Turf Capital Private LTD carry out withdrawals?
Despite the short period of work of the resource, there are already negative reviews in the Internet. Customers report difficulties with withdrawals. If you have already traded here or have something to add about this broker, please leave a comment below.
May I be scammed on turfcapprivate.com?
We have verified that there is no company at the listed address in Singapore. In addition, the email and phone numbers listed are fake. It is very likely that this resource is run by scammers who have only a template site and that is of the lowest quality.
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How can I tell if this is a fraudulent company?
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9 reviews about Turf Capital Private LTD