We found 11 online brokers that are appropriate for Trading Turkey Brokers Platforms.
As a fast-growing financial market, Turkey has become a significant destination for forex traders around the globe, with an estimated market value exceeding billions in daily trading volume. This guide will help you explore key facets of forex trading in Turkey, including trading strategies, risk management, the regulatory landscape, tax implications, and expert perspectives. Whether you're a beginner or an experienced trader, understanding Turkey's forex market is crucial to your trading journey.
Below is a comprehensive comparison of the top forex brokers currently operating in Turkey, check for brokers regulated with Capital Markets Board (CMB) of Turkey or reputable European regulators like the FCA, CySEC if possible:
IC Markets stands out as an excellent choice for Turkish traders who prioritize speed, precision, and access to a diverse range of assets. Offering popular trading platforms such as MT4, MT5, cTrader, and TradingView, IC Markets provides ultra-fast execution with average speeds of 40ms. With tight spreads and free low-latency VPS support, it’s a top pick for scalpers and day traders focusing on cost-efficient trading.
For traders seeking high leverage and tight spreads, RoboForex offers flexibility with trading instruments on MT4 and MT5 platforms. With spreads starting from virtually zero, Turkish traders can utilize EA scripting and high leverage options. However, it’s crucial to understand the risks associated with high leverage to trade effectively.
eToro offers Turkish traders an engaging social trading experience, with over 33 million users worldwide. Regulated by CySEC and the FCA (UK), it provides a secure platform for those who wish to learn from others or copy successful traders' strategies, making it ideal for community-driven trading.
XTB offers Turkish traders comprehensive market analysis tools, educational resources, and a wide range of assets. With strong regulation from FCA and CySEC, it is suitable for both novice and experienced traders looking to develop and refine their strategies.
XM provides a balanced trading platform for Turkish traders, with excellent customer support, various account types, and diverse trading instruments. It offers a secure trading environment regulated by ASIC, CySEC, and the IFSC.
Pepperstone is known for its diverse trading options and competitive spreads. Regulated by the FCA and ASIC, it offers a secure platform with quick execution speeds, making it a great choice for traders who need efficiency and reliability.
AvaTrade is ideal for Turkish traders seeking versatility in funding and withdrawal options. With features like the AvaTradeGo mobile app and AvaSocial, it provides innovative and community-oriented trading experiences.
FP Markets is a great choice for Turkish traders using MetaTrader 4 and 5 platforms. With competitive spreads and advanced technology, it suits traders looking for precision and cost-effective trading solutions.
If you're actively trading in Turkey's live financial markets, whether it's Forex, stocks, or other instruments, it’s important to understand that your trading profits are considered taxable income. Profits from your trades are subject to capital gains tax, and the rates depend on how much profit you make. Keeping accurate records of all your trades and consulting a tax advisor is essential to ensure you're compliant with Turkish tax laws.
Under Temporary Article 67, certain trading income, including capital gains from specific financial instruments like stocks purchased after 1 January 2006, Turkish government bonds, and Treasury bills, are subject to withholding tax (WHT). The applicable WHT depends on your residency status in Turkey.
Both resident and non-resident traders are subject to a 10% WHT on profits from listed equities bought after 1 January 2006, or government bonds issued after that date. However, a 0% WHT applies to capital gains from stocks traded on the Istanbul Stock Exchange (ISE) bought after 1 January 2006, excluding securities investment trust shares. Additionally, if you're trading equity index futures on Turkdex, or dealing with warrants and equity-intensive investment funds, these are also subject to a 0% WHT.
For non-residents, the WHT acts as the final tax, meaning there's no need to file a separate tax return. However, if your trading income comes from instruments that fall outside the WHT regime (like government bonds and Treasury bills issued before 1 January 2006), regular tax rules apply, and non-resident traders must file a tax return within 15 days of earning capital gains.
To learn more, please visit the official Turkish Tax Office.
To succeed in forex trading in Turkey, it's essential for Turkish traders to develop clear strategies and effective risk management techniques. Here's how you can approach trading in the Turkish market:
When analyzing the forex market, pay attention to key economic indicators and geopolitical events that specifically impact Turkey. Consider unique factors like the performance of Turkey's tourism industry and energy sector, as well as the broader economic policies shaping the country.
Advanced technical indicators are vital when trading in Turkey. Tailor your charting techniques to align with the specific trends and movements in the Turkish forex market, ensuring that your analysis reflects the local economic landscape.
Risk management is crucial for traders in Turkey. Make sure to use stop-loss orders, carefully size your positions, and diversify your investments. Given the currency-related risks that can arise, it's wise to incorporate hedging strategies to protect yourself against potential market fluctuations.
To fine-tune your trading strategies, evaluate how they perform under different market conditions that are relevant to Turkey. This can help you optimize your approach and increase your chances of success in the Turkish forex market.
The Capital Markets Board (CMB) regulates forex trading in Turkey, ensuring a fair and transparent trading environment. All brokers must be licensed by the CMB, adhering to strict guidelines on financial stability and AML/KYC compliance.
If you're a trader in Turkey, you’ll find that local brokers provide access to popular trading platforms like MT4 and MT5. When deciding on a platform, it’s important to think about factors that matter for your specific trading needs in Turkey:
First, understand the commissions and fees that your Turkish broker may charge. Consider how well the platform covers different assets, whether you're trading forex, stocks, or cryptocurrencies. Traders in Turkey should also check for educational resources that can help you sharpen your skills. Since mobile trading is essential, especially in Turkey’s fast-paced markets, you’ll want a reliable mobile trading app. Lastly, pay attention to customization options for indicators and tools so that your platform meets your specific trading strategies.
For traders in Turkey, the fee structure can greatly impact your overall profitability. Trading fees can include forex spreads, commissions on trades, and even non-trading fees like withdrawal charges. It's essential to fully understand the fee structure of your Turkish broker before executing trades. Being aware of how these fees apply to your trades, particularly in local and international markets, can help you make better decisions and reduce costs.
Cryptocurrency trading is gaining popularity among traders in Turkey, but it's important to stay up-to-date on the evolving regulatory landscape. The Turkish government continues to refine its regulations around cryptocurrency trading. Traders need to stay informed about any legal changes that could affect their ability to trade crypto assets, ensuring compliance with local laws and avoiding potential issues. As a Turkish trader, keeping a close eye on regulatory developments is key to navigating the crypto markets successfully.
The Turkish forex market offers significant opportunities for traders of all levels. By partnering with reputable, regulated brokers and understanding trading strategies, tax implications, and the regulatory framework, traders can navigate the market successfully while managing risks.
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 |
Sign
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.