Forex Turkey for 2024
We found 11 online brokers that are appropriate for Trading Forex Turkey Investment Platforms.
Forex Turkey Guide
Analysis by Andrew Blumer, Updated Last updated - April 24, 2024
Forex Turkey
Turkey is a famous hotspot for tourists from all over the world. With its rich cultural heritage, history & growing economy, it is an important country within the global financial scene, and is located on the Anatolian peninsula.
Due to its strategic location, it acts as the bridge between Europe & Asia. On one side of Turkey, Asian countries are present. On the other side, European countries are situated. So it lives up to its reputation as the gateway from Asia & Europe.
Turkish Lira is the official currency of Turkey. According to an estimate, the country's GDP grew at a rate of 7% from 2010-2017. That's quite of a feat in itself!
Forex Legislation in Turkey
Due to recent changes in Forex legislation in 2017, only those brokers which hold a CBM license can operate in the country.
Although Forex trading is still technically legal in Turkey, traders must choose a fully licensed broker to use in order to avoid any legal complications. Trading with a broker which does not hold a license from the Capital Markets Board of Turkey (CMB) is prohibited.
In the past, many incidents of scams related to FX happened within the country. This forced regulators to enforce stricter regulations in order to help safeguard investors from risks associated with CFDs and other similar contracts.
These new regulations have enforced the following rules:
- Each broker must hold a CMB license to operate in the country.
- The minimum deposit for each trader is ₺50,000 (Turkish Lira).
- Leverage is capped at 10:1.
- Binary options are totally banned.
Turkey Forex Legislation (CMB):
CMB, which is an abbreviation of 'Capital Markets Board of Turkey', regulates the financial markets in Turkey. Any broker who wishes to offer their services to Turkish clients must obtain a license from the regulatory authority.The main duties of the CMB are:
- Issuing licenses to brokers.
- Routinely checking all licenses to ensure brokers are following the rules.
- Placing heavy penalties on brokers found to be violating the rules.
- Introducing new laws or changing old ones to ensure smooth operations and protection of trader's funds.
Turkey Forex Payment Methods
As per industry standards, several payment options are offered by brokers from Turkish clients. The most common method used by most traders is Credit Card & Bank Transfers. In the case of bank transfers, it usually takes a few business days for funds to reach the broker's accounts. In the case of a Credit or Debit card, funds typically appear in trading accounts instantly.
According to statistics, Credit Cards account for 74% of all payments carried out in Turkey. Debit cards only account for 6% of all payments. So, in general, Turkish people prefer to use Credit Cards in their everyday lives.
The most common payment methods offered by Forex brokers are:
- Bank Transfer
- Credit Card / Debit Card
- BKM Express (local e-wallet in Turkey)
- Others (Neteller, PayPal, Skrill, FasaPay, WebMoney)
FX Trading Softwares in Turkey
The most common and popular trading software in the FX industry in Turkey is MetaTrader. The company offers two softwares named MT4 and MT5. MetaTrader 5 (MT5) is an improved version of the MT4 and offers faster execution speeds, more instruments, and better trading conditions.
For traders who wish to simply trade currency pairs (Major, Minor, Exotic) and commodities, MT4 is the preferred choice.
For traders who are also interested in other instruments, such as shares, bonds, options, and futures - they should choose MT5.
Both MetaTrader 4 and MetaTrader 5 are offered by all brokers.
A new software named 'CTrader' is also gaining popularity. Compared with MetaTrader, CTrader offers better charts and a great UI experience. One of the main complaints people have about MetaTrader (4 & 5) is their aesthetically unpleasing charts. The same cannot be said about CTrader.
Mobile Trading in Turkey
The trading software mentioned above is also available on iOS and Android supported mobile phones. Globally, mobile trading is on the rise due to the ease and freedom it offers traders. Traders no longer have to stay glued in their offices; they can trade from anywhere and at anytime they want.
According to an estimate, a total of 39% of all trades in Turkey were carried out on mobile.
MT4, MT5, and Ctrader are available on Android & iOS devices.
FAQ:
What is the minimum deposit to get started in Forex?For Turkish clients, a minimum deposit of 50,000 Turkish Lira is required to open an account. This is equal to roughly 6,000 USD at the time of writing.
Are there any taxes on the profits earned in Forex?
Each country has its own rules when it comes to taxing profits. Turkey taxes its citizens on the profits they earn. Earnings up to 13,000 have a tax of 13%. This increases as your profits increase. For profits over ₺110,000, a maximum tax of 35% is applied.
Can I trade binary options in Turkey?
No. Binary options are strictly prohibited in the country. We do not recommend anyone to trade this instrument.
We have conducted extensive research and analysis on over multiple data points on Forex Turkey to present you with a comprehensive guide that can help you find the most suitable Forex Turkey. Below we shortlist what we think are the best Forex Turkey Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Turkey.
Reputable Forex Turkey Checklist
Selecting a reliable and reputable online Forex Turkey Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Forex Turkey Investment Platforms more confidently.
Selecting the right online Forex Turkey Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Forex Turkey Investment Platforms broker has a solid track record of at least two years in the industry.
- Verify that the Forex Turkey Investment Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Forex Turkey Investment Platforms broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Forex Turkey Investment Platforms broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Forex Turkey Investment Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Forex Turkey Investment Platforms broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Forex Turkey Investment Platforms in Our Brokerage Comparison Table
When choosing a broker for Forex Turkey Investment Platforms trading, it's essential to compare the different options available to you. Our Forex Turkey Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each Forex Turkey Investment Platforms broker.
- The funding methods available for Forex Turkey Investment Platforms with each broker.
- The types of instruments you can trade with each Forex Turkey Investment Platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Forex Turkey Investment Platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Forex Turkey Investment Platforms broker affects the cost of trading.
- The level of customer support each Forex Turkey Investment Platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each Forex Turkey Investment Platforms broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a Forex Turkey Investment Platforms broker that best suits your needs and preferences for Forex Turkey Investment Platforms. Our Forex Turkey Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Forex Turkey Investment Platforms of 2024 compared
Here are the top Forex Turkey Investment Platforms.
Compare Forex Turkey Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Forex Turkey Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Forex Turkey Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Forex Turkey Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Turkey Investment Platforms that accept Forex Turkey Investment Platforms clients.
| Broker |
IC Markets
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XTB
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XM
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Pepperstone
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FP Markets
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NordFX
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EasyMarkets
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FXPro
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Plus500
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ThinkMarkets
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FXPrimus
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039) FSA, Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules, Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence No. 4.1-1/18), Plus500AE Ltd is authorised and regulated by the Dubai Financial Services Authority (F005651) DFSA | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), Financial Services Authority Seychelles (FSA), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) |
| Min Deposit | 200 | No minimum deposit | 5 | 200 | 100 | 1 | 100 | 100 | 100 | No minimum deposit | 100 |
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| Used By | 180,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 10,000+ | 10,000+ | 142,500+ | 1,866,000+ | 24,000,000+ | 500,000+ | 10,000+ |
| Benefits |
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| Accounts |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with fpmarkets |
Sign
Up with nordfx |
Sign
Up with easymarkets |
Sign
Up with fxpro |
Sign
Up with plus500 |
Sign
Up with thinkmarkets |
Sign
Up with fxprimus |
| Risk Warning | Losses can exceed deposits | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits |
| Demo |
IC Markets Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
FxPro Demo |
Plus500 Demo |
ThinkMarkets Demo |
FXPrimus Demo |
| Excluded Countries | US, IR, CA, NZ, JP | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR | MY, BE, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. |
All Forex Turkey Investment Platforms in more detail
You can compare Forex Turkey Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Forex Turkey Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Forex Turkey Investment Platforms below.
Forex Turkey Table of Contents
- Forex Turkey Explained
- 6 Factors to Consider when Choosing Forex Turkey
- Are Your Forex Turkey Trusted And Established?
- Are The Forex Turkey World Leading?
- What are the Forex Turkey Commissions and Fees?
- What are the Forex Turkey Funding and Withdrawl Methods?
- Find Forex Turkey with Round-the-clock support?
- Make sure the Forex Turkey Offer Comprehensive Trader resources?
- Why Forex Turkey needs to be regulated?
- Forex Turkey FAQ
- What are the best Forex Turkey Investment Platforms brokers?
- What is the best Forex Turkey Investment Platform broker?
- Related Forex Turkey Reviews
- Related Forex Turkey Alternatives
- Related Forex Turkey Comparisons
Forex Turkey Explained
Trading volatile financial markets with Forex Turkey can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Forex Turkey to ensure a successful trading experience.
Selecting Forex Turkey at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Forex Turkey markets effectively.
Reliability is key to gaining access to financial markets. Look for Forex Turkey that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Forex Turkey confidently.
6 Factors to Consider when Choosing Forex Turkey
Follow these five rules for selecting Forex Turkey that are right for you:
Are Your Forex Turkey Trusted And Established?
Search for a reputable Forex Turkey with a extensive proven track record for Forex Turkey, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Forex Turkey broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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XTB
|
XM
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Pepperstone
|
FP Markets
|
NordFX
|
EasyMarkets
|
FXPro
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2002 | 2009 | 2010 | 2005 | 2008 | 2001 | 2006 |
| Head Office | Australia | Poland | Cyprus | Australia | Australia | Mauritius | Cyprus, Australia | UK |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Used By | 180,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 10,000+ | 10,000+ | 142,500+ | 1,866,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | Yes | No | |
| Learn More | Visit IC Markets | Visit XTB | Visit XM | Visit Pepperstone | Visit FP Markets | Visit NordFX | Visit easyMarkets | Visit FxPro |
| Risk Warning | Losses can exceed deposits | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Are The Forex Turkey World Leading?
Opt for Forex Turkey that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Forex Turkey is XTB. XTB Segregates clients funds and offers over 5600 instruments.
| Broker |
IC Markets
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XTB
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XM
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Pepperstone
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FP Markets
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NordFX
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EasyMarkets
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FXPro
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 5600 | 1000 | 1200 | 290 | 50 | 200 | 430 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR |
| Forex pairs offered | 61 | 57 | 55 | 70 | 70 | 150 | 70 | |
| Forex pairs offered | 61 | 57 | 55 | 70 | 70 | 150 | 70 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | No | No | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 15 | 16 | 18 | 0 | 12 | 30 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | No | Yes | Yes | No | Yes | Yes |
| Stocks Offered | 2100 | 1696 | 160 | 1100 | 10000 | 52 | 1700 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
What are the Forex Turkey Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Forex Turkey broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Forex Turkey broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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XTB
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XM
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Pepperstone
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FP Markets
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NordFX
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EasyMarkets
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FXPro
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|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 0 | 5 | 200 | 100 | 1 | 100 | 100 |
| Withdrawl Fees | No | varies | No | No | No | No | No | No |
| Inactivity Fees | No | Yes | Yes | No | No | No | No | Yes |
| Deposit Fees | Varies | No | No | No | Yes | No | No | No |
| CFD Commission Fees | Yes | Yes | No | Yes | Yes | Yes | No | charge commissions on cTrader only |
What are the Forex Turkey Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Forex Turkey. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Forex Turkey.
| Broker |
IC Markets
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XTB
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XM
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Pepperstone
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FP Markets
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NordFX
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EasyMarkets
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FXPro
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|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | No | Yes | Yes |
| Paypal | Yes | Yes | No | Yes | Yes | No | No | Yes |
| Skrill | Yes | Yes | No | Yes | Yes | No | Yes | Yes |
| Payoneer | No | Yes | No | Yes | No | No | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Forex Turkey with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Forex Turkey.
Forex Turkey customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Forex Turkey can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
IC Markets and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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XTB
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XM
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Pepperstone
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FP Markets
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NordFX
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EasyMarkets
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FXPro
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|---|---|---|---|---|---|---|---|---|
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian | English, German, Arabic, Chinese, Spanish and Polish | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Vietnamese, Greek, Malaysian, Thai, Turkish, Romanian, Czech, Slovak |
| Learn More | Visit IC Markets | Visit XTB | Visit XM | Visit Pepperstone | Visit FP Markets | Visit NordFX | Visit easyMarkets | Visit FxPro |
| Risk Warning | Losses can exceed deposits | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Make sure the Forex Turkey Offer Comprehensive Trader resources?
It's important to ensure your Forex Turkey provide complimentary resources such as analysis, education, and risk management tools. IC Markets and XTB collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Forex Turkey. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Forex Turkey.
Why Forex Turkey needs to be regulated?
Regulated Forex Turkey lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Forex Turkey.
Consumers are protected by Forex Turkey regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Forex Turkey is necessary to prevent fraud. The Forex Turkey working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Forex Turkey is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Forex Turkey List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, TradingView, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
ThinkTrader, MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits