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Money on Turbo works like this: you deposit from the app, hold a USD balance, and withdraw from the app.

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Adding funds

Deposit directly from the app once your identity check is complete. Turbo takes Apple Pay, card, bank transfer, and crypto, plus local payment methods that vary by region — the app shows the methods available to you. Deposited funds land in a wallet that only you control — Turbo never takes custody of your money. Security and custody explains exactly how that works.

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Everything is in USD

Your balance is held and displayed in USD, and so is everything else: prices, profit and loss, margin, fees. Every number in the app is a dollar number, so there’s never a conversion to do in your head mid-trade.

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Withdrawing

Withdraw straight from the app, through the same methods you can deposit with. Standard verification checks apply. Funds that are currently posted as margin behind open positions can’t be withdrawn until those positions are closed — Your balance explains the difference between Cash and Margin used.
  • Fees — exactly what a trade costs.
  • Get set up — the full path from download to first trade.