We found 11 online brokers that are appropriate for Trading Turkey Brokers Platforms.
As a trader based in Turkey, I’ve seen how the country’s fast-growing financial market has become a significant hub for forex and other trading opportunities. Turkish brokers provide access to a variety of financial instruments, including forex pairs with the Turkish Lira (TRY), Borsa Istanbul-listed stocks, Turkish government bonds, and commodities. Regulation is an important consideration, as brokers operating in Turkey must comply with the Capital Markets Board of Turkey (CMB) to ensure a safe and transparent trading environment. You can learn more about regulatory requirements and approved brokers on the official CMB website.
Additionally, many traders in Turkey utilize local resources like Borsa Istanbul for trading Turkish equities. However, trading in Turkey comes with unique challenges, such as navigating currency conversion fees, understanding tax implications, and dealing with market volatility tied to the TRY. In this guide, I’ll explore these topics to help you understand the trading landscape in Turkey, choose the right broker, and optimize your trading strategies in both local and international markets.
That said, here's my comprehensive comparison of the top forex brokers currently operating in Turkey. I'll go over the key features, including spreads, commissions, account types, and other details that will help you make an informed decision. When choosing a broker, I suggest selecting one that is regulated by the Capital Markets Board (CMB) of Turkey or reputable European regulators like the FCA and CySEC.
IC Markets is a great option for Turkish traders who prioritize speed and precision. I personally like how the broker offers ultra-low spreads, starting from 0.0 pips, and executes trades with an average time of 40ms. If you're a scalper or day trader, this broker is ideal. It offers MT4, MT5, cTrader, and TradingView, all of which I find to be reliable platforms. However, IC Markets might not be the best fit if you're looking for a wide variety of account types. Customer support is available 24/7 through live chat or email, and I've found them to be responsive.
If you're looking for high leverage, RoboForex might be the right choice for you. I appreciate that it offers up to 1:2000 leverage, though it comes with its risks. The broker provides tight spreads, starting from 0.0 pips, and multiple account types, such as standard, ECN, and Prime accounts. I also like the fact that RoboForex offers customer support in Turkish, which is convenient. However, some traders might find the platform interface slightly less intuitive compared to others. Still, they offer great educational resources for beginners.
XTB offers a broad range of assets, including forex, indices, commodities, and stocks, which I find particularly appealing. They are well-regulated by the FCA and CySEC, and this gives me peace of mind knowing they comply with stringent financial regulations. The broker offers spreads starting from 0.1 pips, and the account types include a demo account, which I think is excellent for beginners. The xStation platform is very user-friendly, and customer support is available in Turkish, which I find helpful. However, I believe advanced traders may find the platform a bit lacking in customization options.
XM is a solid choice if you want a balance between ease of use and flexibility. I've found their multiple account types, such as micro, standard, and XM zero accounts, make it suitable for various trading styles. Regulated by ASIC, CySEC, and IFSC, XM is a trustworthy platform. They offer spreads starting from 0.0 pips and provide both MT4 and MT5 platforms. Their customer support is available in Turkish, and I appreciate their educational resources, such as webinars and video tutorials.
Pepperstone stands out for offering competitive spreads starting from 0.0 pips and excellent execution speeds. I find it to be a perfect choice for day traders and scalpers in Turkey. They offer account types such as Standard and Razor accounts and both MT4 and MT5 platforms. With customer support available in Turkish, I appreciate their accessibility. While their platform is straightforward, I think some advanced traders might want more customization options. Still, it's a solid choice for both beginners and experienced traders.
AvaTrade is another great broker I recommend for Turkish traders. I particularly like their versatility when it comes to funding and withdrawal options. AvaTrade offers a variety of account types and platforms, including the AvaTradeGo mobile app and AvaSocial for social trading. With spreads starting from 0.9 pips, their platform is user-friendly, and they offer educational resources, including a demo account. They are regulated by the Central Bank of Ireland and other European authorities. Their customer support is available in Turkish, and I find them to be responsive and helpful.
FP Markets is another great option for Turkish traders looking for low spreads and high-quality service. I appreciate their spreads starting from 0.0 pips and the fact that they are regulated by ASIC, ensuring a secure platform. They provide various account types, including Standard, Raw, and Pro accounts, which makes it versatile. I also like that they offer MT4 and MT5 platforms, though the platform may not be as intuitive as others. Still, their customer support is responsive and available in Turkish.
When choosing a broker in Turkey, I consider several factors that can significantly impact my trading experience. Here’s how I evaluate each of these aspects, with examples specific to the Turkish market:
The Capital Markets Board (CMB) regulates forex trading in Turkey, and I always make sure to choose brokers that are licensed by the CMB. This ensures a fair and transparent environment, which protects me from fraudulent activities and promotes trust in the Turkish market.
I always review the broker’s fee structure, including spreads, commissions, withdrawal fees, and currency conversion costs when trading in Turkish Lira (TRY). For example, brokers like IC Markets offer ultra-low spreads starting from 0.0 pips, which are ideal for scalping or high-frequency trading, but it’s crucial to check if they support direct transactions in TRY or charge additional fees for currency conversion. On the other hand, some brokers charge higher withdrawal fees, especially when converting profits from TRY to other currencies. RoboForex, for instance, provides competitive spreads but might charge slightly higher fees for certain withdrawal methods, including conversions, so I compare these carefully to ensure I’m maximizing profitability. Additionally, I consider brokers that address Turkish-specific issues, such as local payment options and compliance with Turkey's regulatory environment.
I prefer brokers that offer access to a wide range of financial instruments, including those specific to the Turkish market, as this allows me to diversify my portfolio. For example, brokers like XTB provide access to forex, indices, commodities, stocks, and cryptocurrencies, as well as Turkish-specific instruments such as Borsa Istanbul-listed stocks and Turkish government bonds. This diversity is essential for me when I want to hedge my positions, trade Turkish Lira-based assets, or explore new local and international markets. For more information on trading in Turkey, you can visit the official Borsa Istanbul website.
Regulation provides me with peace of mind, and I prioritize brokers licensed by the Capital Markets Board (CMB) of Turkey. For example, CMB-regulated brokers follow strict guidelines to ensure transparency and investor protection. Alternatively, brokers like Pepperstone, regulated by the FCA, also offer a secure trading environment, which gives me confidence when trading international assets.
Having access to customer support in Turkish is crucial for me. For example, RoboForex and XTB provide customer service in Turkish, which ensures clear communication and faster issue resolution. I’ve found that brokers offering multilingual support, including Turkish, make the trading process smoother, especially when I need help with technical issues or account queries.
I look for platforms that are reliable and customizable. For example, cTrader, MT4 and MT5 are my go-to platforms which are available in Turkey, because of their advanced tools and widespread use among brokers available in Turkey like IC Markets and XM. Additionally, I explore newer platforms like xStation from XTB, which offers a user-friendly interface and built-in educational resources. Mobile compatibility is also important for me, as I often trade on the go using apps like AvaTradeGo.
As of now, Turkey doesn't have specific regulations for cryptocurrency exchanges, but the government is working on clearer guidelines. Popular exchanges like Paribu, BtcTurk, and Koinim are trusted by local traders, but I suggest being cautious as regulations might change rapidly.
In addition, profits from crypto trading are taxable. So, if you're actively trading cryptocurrencies, make sure to consult with a tax advisor to understand your obligations. Keep in mind that regulations in the crypto space can change quickly, so always stay informed about the latest updates.
Risk management is essential, and I always use stop-loss orders and calculate my position size carefully. I also employ hedging strategies to protect my trades. For example, when the Turkish Lira is highly volatile, I use USD/TRY or EUR/TRY pairs to hedge my risk. Turkish traders should make sure to manage financial exposure and real capital carefully by limiting my risk to no more than 2% of my total capital per trade.
If you're actively trading in Turkey's live financial markets, it's important to understand the tax implications. From my experience, trading profits are subject to capital gains tax, but there are some deductions and exemptions available depending on the asset type. For example, if you're trading stocks, the capital gains tax is 10%. But be aware that the withholding tax rate can differ for other financial instruments, so I suggest keeping detailed records of your trades.
There are exemptions available for specific types of government bonds and Treasury bills, which could lower your taxable income. As for cryptocurrencies, tax laws aren't very clear in Turkey yet, but crypto assets are considered taxable income. Make sure to stay updated on any changes to the tax rules related to crypto, as these may evolve over time. For further information, you can visit the official Turkish Tax Office.
As a Turkish trader, I’ve found that the forex market here offers incredible opportunities, but it also demands a thoughtful and informed approach. Turkey’s forex market is dynamic, with a variety of brokers and platforms catering to both beginner and experienced traders. However, choosing the right broker is crucial. I always prioritize brokers regulated by the Capital Markets Board (CMB), as this ensures I’m trading in a secure and transparent environment. For international markets, I also consider brokers regulated by globally trusted bodies like the FCA or CySEC.
One of the most important steps I recommend for anyone entering the market is starting with a demo account. A demo account allows me to practice my strategies and understand the broker’s platform without risking real money. For example, XTB and XM offer excellent demo accounts that replicate live market conditions, making it easier for me to transition to real trading.
Developing a solid trading plan has been another cornerstone of my success. This includes setting clear goals, identifying risk tolerance, and defining entry and exit points for trades. I’ve learned that sticking to my plan, even during volatile market conditions, helps me avoid impulsive decisions and manage my capital more effectively. For instance, during periods of Turkish Lira volatility, I rely on pairs like USD/TRY and EUR/TRY and use hedging strategies to minimize risk.
Staying updated on market trends, regulations, and tax implications is equally important. For example, I know that trading profits in Turkey are subject to capital gains tax, so I keep detailed records of my trades and consult the official Turkish Tax Office for accurate information. When trading cryptocurrencies, which have less defined tax regulations, I ensure I’m prepared for potential changes in the law.
The Turkish forex market is fast-evolving, so adaptability is key. I regularly refine my strategies through backtesting and forward testing, ensuring they remain effective under changing market conditions. For example, I use MT5’s advanced tools for backtesting my strategies with historical data, which has been invaluable in fine-tuning my approach.
Overall, the forex market in Turkey presents immense potential, but success requires the right combination of knowledge, discipline, and tools. By choosing reputable brokers, leveraging demo accounts, and continuously learning, I’ve been able to navigate this exciting market with confidence and achieve consistent growth as a trader.
We have conducted extensive research and analysis on over multiple data points on Turkey brokers to present you with a comprehensive guide that can help you find the most suitable Turkey brokers. Below we shortlist what we think are the best Turkey Brokers Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Turkey brokers.
Selecting a reliable and reputable online Turkey Brokers Trading 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 Turkey Brokers Trading Platforms more confidently.
Selecting the right online Turkey Brokers Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Turkey Brokers Trading Platforms trading, it's essential to compare the different options available to you. Our Turkey Brokers Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Turkey Brokers Trading Platforms broker that best suits your needs and preferences for Turkey Brokers Trading Platforms. Our Turkey Brokers Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Turkey Brokers Trading Platforms.
Compare Turkey Brokers Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Turkey Brokers Trading Platforms broker, it's crucial to compare several factors to choose the right one for your Turkey Brokers Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Turkey Brokers Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Turkey Brokers Trading Platforms that accept Turkey Brokers Trading Platforms clients.
Broker | IC Markets | XTB | XM | Pepperstone | FP Markets | EasyMarkets | FXPro | ThinkMarkets | FXPrimus | Trading212 | forexmart |
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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 | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), 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 Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21) | Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize |
Min Deposit | 200 | No minimum deposit | 5 | No minimum deposit | 100 | 25 | 100 | 50 | 15 | 1 | 15 |
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Used By | 200,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 200,000+ | 250,000+ | 7,800,000+ | 450,000+ | 300,000+ | 3,000,000+ | 10,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trader, Mobile Apps, iOS (App Store), Android (Google Play) | Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) |
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Learn More |
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Up with icmarkets |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with fpmarkets |
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Up with easymarkets |
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Up with fxpro |
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Up with thinkmarkets |
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Up with fxprimus |
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Up with trading212 |
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Up with forexmart |
Risk Warning | Losses can exceed deposits | 74-83% 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. 74.12% 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 | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | 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 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. | Your capital is at risk |
Demo |
IC Markets Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
FP Markets Demo |
easyMarkets Demo |
FxPro Demo |
ThinkMarkets Demo |
FXPrimus Demo |
Trading 212 Demo |
ForexMart 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, 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 | 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. | US, CA | RU |
You can compare Turkey Brokers Trading 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 Turkey Brokers Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Turkey Brokers Trading Platforms below.