For Turkish Forex traders, forex broker that is regulated by the Capital Markets Board (CMB) is a must. According to the latest report, the forex market is the most liquid market in the world, with an estimated $7.5 trillion dollars traded each day. This massive volume is one of the reasons why FX is appealing to institutional as well as retail traders.
Since online earnings have become popular, forex trading has been spreading among retail investors in Turkey. With a deep knowledge of both technical and fundamental analysis, forex can be a successful place for retail traders.
This guide has listed the 10 best forex brokers in Turkey, ranked and reviewed them by their regulation, performance and high quality trading conditions.
Is Forex Trading Legal in Turkey?
Yes, forex trading is legal in Turkey
In 2017, Turkish government introduced some new rules. The rules stipulated that Turkish nationals were only allowed to trade via CMB licensed brokers.
CMB means Capital Markets Board of Turkey. It is like a watchdog for the financial markets. This indicates that you cannot trade with abroad brokers except if they have this unique licence.
This is the reason why several foreign brokers left the country. However, other brokers harboured the CMB licence and continued to be there.
For Forex trading in Turkey, your broker should have a CMB licence. So that you are within the law.
Selecting a Forex Broker in Turkey
Here's how to do it:
CMB licence: Ensure that the broker has a CMB licence (Capital Markets Board of Turkey). This is the first step to be able to trade legally in Turkey.
Find low-cost brokers: Look for the fees that the brokers charge you. This includes spreads, commissions and other costs. The lower the fees, the more money is returned to you.
Get a user-friendly platform: Go for the broker that offers you a trading platform you like. It needs to be straightforward to navigate and equipped with the tools you require.
Verify the deposit limits: The minimum deposit in Turkey is at 50,000 TRY now. Ensure that you will be able to satisfy this.
Read the reviews: Look up the broker and read what the other traders say. Search for reviews on their service, platform and fees.
The Top 10 Forex Brokers in Turkey
As a trader in Turkey, whether you are a novice or an experienced forex trader, you may be wondering which forex broker to work with, so let's take a look at the best forex brokers in Turkey.
CMB has not shared the list of brokers that they are regulating. Which means, Turkish traders can trade on every international broker but there are some limitations if the transaction is done against Turkish Lira.
1# FP Markets — Best Forex Broker in Turkey
FP Markets is a transparent and reliable Forex broker. It is one of the best Forex brokers Turkey has and its SEC regulated offering allows you to trade Forex, commodities, indices and crypto with more.
What Kind Of Forex Broker Is FP Markets?
FP Markets is a global Financial Technology services provider, offering Forex and Contracts for Differences (CFD) trading. Founded in 2005, FP Markets has always strived to provide its clients with a world class trading experience.
Is FP Markets regulated in Turkey?
Although FP Markets is not regulated by Capital Markets Board of Turkey, it is still open to Turkish traders. FP Markets is a safe and legal option for forex trading in Turkey. FP Markets holds an FSA license in Seychelles to provide its services globally.
What is the trading cost in Turkey with FP Markets?
FP Markets do offer a competitive pricing landscape. The typical spread on EUR/USD is around 1.1 pips. In Raw accounts, spreads is as low as 0.0 pips. The minimum deposit to begin trading is 100 AUD or equivalent.
What trading platforms FP Markets provides to the Turkey traders?
FP Markets has different types of trading platforms to offer for Turkish traders. They offer MetaTrader 4, MetaTrader 5, WebTrader and cTrader.
FP Markets also offers mobile trading apps on both iOS and Android to help traders remain connected to the market and manage accounts on the go. The apps are loaded with features, including chart analysis tools, order placement and account access. They are perfect for traders who want to check and execute trades at any time, any place — enable them to never miss out on market opportunities.
A combination of these platforms gives Turkish traders the choice of which tools to use to meet their trading style, whether they’re using a desktop, a web browser, or a mobile device.
FP Markets Customer Service in Turkey
FP Markets values its customers and strives to make them happy. There is not much public information about customer support in Turkey, but judging from their overall reputation, we are sure they try hard to help customers out.
Why FP Markets is the Best in Turkey?
• Regulation: Although they are not regulated by the CMB, FP Markets is an international quality licensed securities company so it can be considered safe within these conditions for Turkish traders.
• Free Premium Signals: You can have one year access to our AtoZ Markets Premium signals, completely for FREE. Sign-up with FP Markets using our link. Make a minimum deposit of 200 USD and email us at info@atozmarkets.com. You will get the the access to our premium signal service.
• Low Costs: FP Markets is budget-friendly with tight spreads and a low minimum deposit.
• Platform Variety: The range of platforms caters to different trading styles and preferences.
• Customer Support: FP Markets is known for its dedication to customer service.
• Wide range of markets: FP Markets offers a wide range of instruments.
Discover More: Complete FP Markets Review 2025
In short, FP Markets is a safe broker for the Turks considering competitive rates, versatile platforms and a client-centric approach.
If you'd like to try FP Markets, You can do so by clicking the following link:
2# FXTM: The Real Deal in Forex Turkey
Not only is FP Markets the best Forex broker in Turkey, but FXTM is also a great Turkish Forex trading choice. Thanks to its wide reach across the globe, wide range of products and top-notch customer support, FXTM is one of the most accessible and trusted brokers for traders from Turkey.
What Broker Type is FXTM?
FXTM is a reputable global forex broker located in Limassol, Cyprus as they state on their website. The focus on user experience makes FXTM an excellent choice for beginners as well as experienced traders.
Is FXTM Regulated in Turkey?
FXTM does not fall under CMB regulations, but it is licensed by a number of other international regulatory authorities such as CySEC (Cyprus), the FCA (UK), and FSCA (South Africa). Such a multi-jurisdictional regulation provides a level of security and confidence for traders in Turkey.
What is the cost of trading with FXTM in Turkey?
FXTM has a reputation for its competitive pricing structure. FXTM has competitive fees and commissions on all tradable assets, such as Forex, commodities, indices, and stocks. FXTM has a very low minimum deposit requirement of just 10 USD.
Account Types: It offers different types of accounts such as Standard, ECN, and Islamic accounts to suit different trading requirements and preferences.
What trading platforms does FXTM offer to traders in Turkey?
FXTM offers most popular trading platforms such as MetaTrader 4, and MetaTrader 5. FXTM also has mobile apps to trade from iOS and Android devices.
What is the FXTM Customer support in Turkey like?
FXTM has multilingual customer support available for their worldwide customer base. They have a fully-functional support team 24/7 equipped in solving trader concern on questions or issues.
For In-Depth Insights, Check Out: FXTM Review 2025
Overall, FXTM is one of the better Forex brokers for Turkey that can offer a full trading experience with competitive spreads, multiple trading platforms, and excellent support.
If you'd like to try FXTM, You can do so by clicking the following link:
3# Exness: Another Really Good Choice to Trade Forex in Turkey
After FP Markets and FXTM, Exness is ranked among the top Forex brokers in Turkey. Exness started operating in 2008 and has managed to gain a solid reputation by providing a reliable service, attractive spreads and a broad range of products.
What sort of Forex broker is Exness?
Exness is an International Forex broker with an emphasis on the stability and transparency of the trading environment. Their focus is on the needs of clients and a diverse choice of financial instruments and investment solutions.
Is Exness Regulated in Turkish?
While Exness is not regulated by Capital Markets Board of Turkey (CMB), it holds licences from top-tier international regulators such as FCA and CySEC. Regulations like these guarantee Turkish traders an international level of security and compliance.
Cost of Trading in Exness Turkey
Exness has a competitive pricing:
Spreads: Starting from 0.1 pips on major currency pairs, Exness provides you with some of the tightest and competitive spreads there are, lowering your trading cost.
Commission: No hidden commission on a trade.
Minimum Deposit: Minimum deposit starts from just $1 for Standard account.
What trading platforms Exness provide to Turkey traders?
Exness largely provides the MetaTrader 4 (MT4) platform, which is perhaps the best-known investing platform accessible due to its easy-to-navigate design, advanced charting tools, and expert advisor features.
Exness Customer support in Turkey
Exness offers customer support through multiple channels:
Contact via Phone & Email: The support team can be contacted through phone or email;
Live Chat: You can contact them by live chat for immediate support, waiting times may vary according to the language chosen.
Language Diversity: Exness has support in no less than 14 languages so they are able to serve a very diverse clientele.
Read Also: Full Exness Review 2025
Overall, Exness is a good option for Turkish traders looking for a reliable broker with reasonable pricing and user-friendly platform. Although it barely has local CMB regulation, it is absolutely one of the competitors in Turkish Forex market in terms of international licenses and customer oriented approach.
If you'd like to try Exness, You can do so by clicking the following link:
XTB: Forex A Solid and Reliable Choice
Although FP Markets, FXTM and Exness are top on spots, XTB also offers competitive options for Forex traders in Turkey. Having been in business for over 15 years and with an impressive global reach, XTB has established a robust and reliable trading environment for traders from Turkey.
What Type of Forex Broker is XTB?
XTB functions as an ECN / STP broker by giving you access to the interbank market with full transparency. Traders gain from narrower spreads and improved execution speeds with this model.
Is XTB Regulated in Turkey?
Yes, XTB is regulated in Turkey with the Capital Markets Board of Turkey or CMB. Besides this important local regulation, XTB is also under the regulations from other foreseen authorities around the world such as the FCA from UK which adds the extra level of credibility and trust to its brand.
What is the XTB Turkiye Trading Fees & Cost?
XTB provides traders with some of the lowest trading costs:
Spreads: Spreads are variable and start from as low as 0.6 pips, ensuring competitive pricing for various currency pairs.
Trading accounts at XTB have a minimum deposit of 50,000 TRY. While this is higher than some other brokers, it demonstrates XTB's dedication to attracting the more serious trader.
What are the XTB trading platforms for Turkey traders?
MetaTrader 4 and MetaTrader 5 (MT5) being the two most popular trading platforms available on XTB.
MetaTrader 4 (MT4): The go-to platform in the industry, featuring extensive charting, analysis tools and expert advisor capability.
xStation 5: A custom-built platform from XTB that is easy to navigate and pairs well with its custom-built charting tools and research-integrated functions. It's available in both Windows desktop and web browsers.
What is the XTB Customer support in Turkey like?
The customer support at XTB is prompt and effective. Turkish traders can quickly connect with their team when they have queries or concerns and enjoy a hassle-free trading experience.
Overall, they create a solid and reliable trading environment for most traders by offering CMB regulation, ECN/STP model, cents per lot pricing, several different platform options and good customer support.
If you'd like to try XTB, You can do so by clicking the following link:
5# XM: A Global Reach and Versatile Broker for Turkish Trader
The other brokers above have strong presence in the Turkish market, whilst XM offers some good service to forex traders. Founded in 2009, XM has quickly grown into an international leader providing service to millions of clients globally.
What Type of Forex Broker is XM?
XM is a well-established international online broker offering access to range of trading instruments, including forex and CFDs on currency pairs, stocks, indices, precious metals and more. XM offers a multi-asset platform for the beginner to experienced professional which comes with education resources worthy of mention.
Is XM Regulated in Turkey?
XM is not regulated by the Capital Markets Board of Turkey (CMB), however, this broker holds several licenses with reputable international regulators in other jurisdictions including CySEC from Cyprus, ASIC from Australia and IFSC out of Belize. This multi-jurisdictional regulation offers traders security and comfort from all around the world, including in Turkey.
How much does trading with XM in Turkey cost?
XM offers a tiered fee structure depending on the account type:
Micro and Standard Accounts: No commissions on trades, with costs covered by the bid-ask spread. These accounts are suitable for traders with lower capital.
Zero Accounts: In this account, spreads start with 0 pips but with commission per trade. Great for traders who are doing higher volume.
Ultra-Low Standard/Micro Accounts: It offers tighter spreads near zero compared to a standard account with no commission.
This selection gives traders the opportunity to choose an account type that runs in conjunction with their trading style and income.
The minimum deposit requirement for XM depends on the type of account you have. Micro and Standard accounts have lower minimum deposit requirements, which means they are affordable or accessible to people with less opening capital.
What are XM Trading Platforms in Turkey?
XM primarily offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Both are renowned for their user-friendly interface, advanced charting tools, and expert advisor functionality. Some of these platforms suit diverse trading styles and needs.
How is XM Customer support in Turkey?
To make sure Turkish traders benefit from it all, XM devotes a wide support team to hand the daily communication and assistance via its dedicated customer service channels such as live chat in their native language.
XM also provides a live chat option that can help address issues immediately.
Traders can use email as well, in case of not urgent or more explanatory inquiries. This is perfect for sending targeted requests, or looking up information that may require a well-considered response.
XM clients can also have their technical queries answered over the phone for personalized assistance. This support channel is great for those who like talking with an agent for a more live experience.
Related Reading: Full XM Review 2025
XM is a versatile and globally recognized broker. Though it lacks domestic CMB regulation, its international licenses and a wide variety of account types with strong customer support make it also attractive for traders seeking a reliable trading platform.
Are you interested in XM, You can open account by clicking the following link:
6 # Pepperstone: Best For Forex Traders In Turkey
Pepperstone is a reputable Australian forex broker that has been at the center of online trading business worldwide since it was established in 2010. With its superior platforms, competitive costs and safe regulatory environments, Pepperstone is an attractive proposition for traders in Turkey in the market for a solid trading environment with plenty of features.
What Kind of Broker is Pepperstone?
Being an ECN / STP broker, Pepperstone is not your typical market maker; they serve as an intermediary between you and the market, sending your orders directly to the liquidity providers. It usually means shorter execution times, narrower spreads, and higher transparency.
Is Pepperstone Regulated in Turkey?
Pepperstone is not regulated by the CMB, but it has licences from tier-1 global regulators such as:
• FCA (UK)
• ASIC (Australia)
• DFSA (Dubai)
• SCB (Bahamas)
• BaFin (Germany)
• CMA (Kenya)
• CySEC (Cyprus)
These licenses help to show that Pepperstone goes above and beyond in its operational standards, meanwhile making Turkish traders feel a little more comfortable with the safety of their broker.
What are the Pepperstone Turkey fees and commissions?
Pepperstone provides two types of trading accounts.
Standard account has no comission but wider spreads compared to razor account.
On the other hand, Razor Account spreads starts from zero pips but it charges $7 per standard lot commission
It allows a trader to have the flexibility of selecting their desired pricing table for how they want to trade and what is amount in which he/she wishes place order.
Pepperstone has a minimum deposit of $200. This is a fair sum and enables traders to engage without investing huge amounts of money.
What is the Pepperstone trading platforms in Turkey?
With Pepperstone, you get the best of trading platforms that include:
• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader
These platforms provide an exhaustive range of tools and resources for technical analysis, charting, as well order management. While cTrader on the other hand is synonymous with institutional-grade trading environment and model execution.
Read Next: Comprehensive Pepperstone Review 2025
Pepperstone Customer Support in Turkey
Pepperstone provides customer support around the clock via several avenues such as
- Telephone
- Live Chat
Although their live chat starts with a bot, if you have complex questions then it is possible to talk to the real person as well. And all of this is available for Turkish traders to receive help at any time.
In summary, the combination of solid regulation, competitive pricing, multiple platform options, and well-regarded customer support makes Pepperstone a good option for the Turkish forex trader.
If you'd like to try Pepperstone, You can do so by clicking the following link:
7# Capital.com: User-friendly Choice for Forex Trading
Capital.com is an online trading brand established in 2016. It has gained widespread recognition as a trusted broker in a short period of time. Based in Cyprus with offices worldwide, Capital. com provides an easy platform for Turkish traders, a variety of assets, and is committed to transparency.
What kind of Forex Broker is Capital.com?
Capital.com is a CFD and spread betting broker like any other brokers. In other words, you do not own the underlying assets; you speculate on their price changes. Although this is somewhat risky, it also opens ways to make gains in a bull or bear market.
Is Capital.com Regulated in Turkey?
Although Capital.com is not licensed by the Capital Markets Board of Turkey (CMB), it is regulated by many highly reputable international authorities:
UK FCA: Capital.com (UK) Limited is authorised and regulated by the FCA.
CySEC (Cyprus): Capital.com SV Investments Limited has its regulation under CySEC.
FSA (Seychelles): Capital.com Live Stock Investing Ltd is regulated by FSA.
These licenses guarantee that Capital.com, adheres to strict financial standards, giving its clients a safe trading environment including those located in Turkey.
What does it cost to trade with Capital.com?
Capital.com stands out for its competitive pricing structure:
No commissions on forex trading.
Tight spreads that vary based on market conditions, allowing you to potentially find the best prices.
No deposit or withdrawal fees (except for bank transfers with minimums).
This transparent fee structure makes it easier for traders to understand the costs involved and manage their trading expenses.
Capital.com has a low minimum deposit requirement of $20, making it accessible to traders with varying levels of capital. However, for bank transfers, the minimum deposit is $200.
What trading platforms does Capital.com offer to Turkey traders?
Capital. offers a range of trading platforms to suit every preference:
In-house Platform: They have their own platform runs an AI-driven system that delivers personalized trading insights.
Web Trading Platform: Ideal to reach your account anytime from any browser.
TradingView: It's a mainstream charting and analysis platform that comes integrated with Capital. com.
Metatrader 4 (MT4): It's the standard of the industry, top-level charting and automation.
Mobile Apps: Trade on the go with their iOS and Android apps.
This variety means that traders can select the platform that best fits their needs and trading approach.
How is Capital.com Customer support available in Turkey?
Capital.com offers various support contact channels:
Live Chat: Accessible from their website for live support, to help traders resolve any inquiry or issue quickly.
Messaging Applications: Through the following well-known messaging applications: WhatsApp, Viber, Messenger and Telegram, clients can connect with the help group.
Telephone Support: For a personalized approach, traders can directly chat with the support agent over the telephone.
Email Support: For non-urgent questions, traders can get in depth responses using the email support.
This multi-channel approach ensures that Turkish traders have easy and convenient access to support.
Related Reading: Full Capital.com Review 2025
Overall, Capital.com is a good for Turkish traders as a comfortable broker. The excellent pricing, a wide range of platforms with proper Turkish forex market customer support make us believe that it is a worthy competitor. Although the CMB does not apply the rules directly on it, its regulations through internationally acceptable licences provide a certain level of trust and security for traders within the investment platform.
If you'd like to try Capital.com, You can do so by clicking the following link:
8# Plus500: Most Popular CFD Trading Platform
Plus500 is a well known CFD broker which operates globally and has recently made a name for itself in the online trading space. A great focus on CFDs, and an easy-to-use platform have resulted in good brand recognition for Plus500 with traders around the globe and in Turkey as well.
What Type of Forex Broker is Plus500?
Plus500 is primarily a CFD broker. This implies trading contracts that reflect the prices of the underlying assets (such as currencies, shares, or commodities) rather than directly buying the assets. This provides more options, such as making money when the market goes up and down.
Is Plus500 Regulated in Turkey?
The broker does not have a regulation from the Capital Markets Board of Turkey (CMB). Nonetheless, it possesses licenses by top regulators from around the world, such as:
- FCA (UK)
- CySEC (Cyprus)
- MAS (Singapore)
- ASIC (Australia)
These licenses show that they are keeping up with the standards of the best operational practices and give Turkish investors a bit of a confidence boost.
How much does it cost to trade with Plus500 in Turkey?
Plus500 has a simple pricing model:
For popular currency pairs like EUR/USD, the spread is fixed at 0.6 pips. Plus500 charges swap fees on open positions held overnight, so you're advised to keep this in mind. $100 is the minimum deposit to open an account. It represents a fair amount which enables traders to start trading without a significant cost.
What are the Plus500 Turkey Platforms?
Plus500 features its own proprietary trading platform, which can be accessed on different devices:
WebTrader: Instant access to the platform via a web browser
Apps for Mobile: You have the iOS and Android apps to trade on the go.
Desktop App: A download-able desktop application for Windows users.
While the platform is user-friendly and accessible, it's important to note that it doesn't support MT4 or MT5, which are popular platforms with advanced charting and indicator options.
Plus500 Customer Support in Turkey?
Plus500 mainly provides 24/7 customer support via:
Live Chat: Accessible from their site for immediate service.
Email: For less urgent queries
WhatsApp: A convenient option for quick communication.
This will also ensure that you can always reach out to an agent whenever you find yourself in need of support. However, contact methods may be a little limited compared to some other brokers.
Don’t Miss: Plus500 Review 2025
Overall, Plus500 is a well-established and regulated CFD broker with an easy-to-use platform and a variety of instruments. The fixed spreads make it transparent, but traders need to beware of the trading cost.
If you'd like to try Plus500, You can do so by clicking the following link:
9# HotForex: Forex Broker with Many Advantages in Turkey.
HotForex is an internationally recognized forex and commodities broker, with a strong history since being founded in 2010. HotForex is another option for Turk traders with a range of accounts, competitive pricing and famous trading platforms.
What type of Forex broker is HotForex?
HotForex is an ECN/STP broker. This means it offers access to an ECN and STP execution model, allowing traders to pick the type of trading environment they want. Generally, the spreads are tighter and the execution is faster for ECN accounts, whereas STP accounts have larger spreads but do not charge a commission.
Is HotForex regulated in Turkey?
HotForex is not regulated by the Capital Markets Board of Turkey (CMB), but it is indeed licensed by various trusted global regulatory authorities such as:
- FCA (UK)
- CySEC (Cyprus)
- FSCA (South Africa)
- DIFC (Dubai)
- SFSA (Seychelles)
These licenses show the broker's devotion to complying with top financial standards, and provides a certain level of assurance to Turkish traders.
What is the HotForex cost in Turkey?
HotForex offers competitive pricing with variable spreads that can start from as low as 0.0 pips. The actual spreads will vary depending on the instrument, account type, and market conditions.
HotForex has a low minimum deposit of only 5 USD for the Micro accounts from Turkish traders. This allows entry for beginners in forex as well as traders with little capital.
What are the trading platforms of HotForex?
HotForex provides the access to the popular MetaTrader 4 and MetaTrader 5. Available for Windows Desktop and Web, these platforms provide a familiar, powerful trading environment catering to both novice and seasoned traders alike.
HotForex Customer Support in Turkey
HotForex provides excellent customer support that is available through multiple channels:
Live Chat: For immediate assistance.
Web Contact Form: For submitting inquiries online.
Mobile Phone: Direct phone support.
Email: For less urgent matters.
Multilingual Support: Assistance in multiple languages.
This ensures that Turkish traders receive support in their language and via different channels.
For In-Depth Insights, Check Out: HotForex Review 2025
Overall, HotForex is a prominent broker, with a wide range of offerings globally, yet they also focus on a competitive trading environment. Although not directly regulated by CMB, this international broker provides plenty of licencing and account options that they are a suitable option for Turkish traders seeking low minimum deposits, popular trading platforms, and great customer support.
If you'd like to try HotForex, You can do so by clicking the following link:
AvaTrade: Global Broker With Reputation for Turkish Trader
Founded in 2006, AvaTrade has established an impressive reputation in the world of online trading. While not specifically regulated in Turkey, its global regulatory licenses and robust offerings make it a worthy contender for Turkish traders.
What Type of Forex Broker is AvaTrade?
AvaTrade is a market maker broker. This means they act as the counterparty to your trades, providing quotes and executing your orders in-house. This model often offers benefits like tighter spreads and faster execution, but it's important to be aware that the broker's interests may not always align perfectly with yours
Is AvaTrade Regulated in Turkey?
No, AvaTrade is not directly supervised by the Capital Markets Board of Turkey (CMB). Still, it operates under several good regulators and has licenses with:
- Central Bank of Ireland
- Cyprus Securities and Exchange Commission (CySEC)
- KNF (Polish Financial Supervision Authority)
- Australian Securities and Investments Commission (ASIC)
- Financial Services Commission of British Virgin Islands
- Japan — Financial Services Agency
- The Financial Regulatory Services Authority (FRSA) (Middle East)
- Israel Securities Authority
This wide range of licenses shows the high-level financial standards that AvaTrade maintains and this comes as a form of assurance for Turkish traders.
How much does it cost to trade with AvaTrade in Turkey?
AvaTrade offers a transparent fees system for traders based in Turkey:
No Commissions: AvaTrade does not take commissions. It allows traders to concentrate on their strategies without worrying about commissions for each deal.
Variable Spreads: Spreads start from as low as 0.0 pips, though actual spreads can vary based on the trading instrument and current market conditions, giving traders access to competitive pricing.
AvaTrade does not charge for deposits or withdrawals, except in cases involving specific methods or minimum amounts, making transactions cost-effective and straightforward.
This methodology enables Turkish traders to minimize fees for trading activities.
To open an account, the minimum deposit for AvaTrade is $100 (or its equivalent in the base currency). This is average of minimum deposit with many broker.
Which trading platforms does AvaTrade offer to Turkey traders?
AvaTrade provides a diverse range of trading platforms:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- WebTrader
- AvaOptions
- AvaTradeGo- A mobile application
This diversity enables traders to opt for a platform which best fits their needs and preferences.
AvaTrade Customer Support in Turkey
AvaTrade has thorough customer support via several channels:
- Live Chat
- 24×7 Phone Call
This allows Turkish traders to reach help and support more easily at any time.
Related Reading: Full AvaTrade Review 2025
Overall, AvaTrade is a well-regulated and reputable broker with a strong global presence.
If you'd like to try AvaTrade, You can do so by clicking the following link:
How To Start Forex Trading In Turkey?
Here's a step-by-step guide:
Find a Regulated Broker: Search for brokers who are regulated by the Capital Markets Board of Turkey (CMB) or at least an overhead international license which provides the authority to accept trades from Turkey. This information can be found easily on the broker's website.
Create Account with Broker: After selecting a broker, an account will need to be registered. This typically includes submitting information such as your name, address, and contact information.
Confirm Identity: The broker will then confirm your identity. This is a normal security feature to prevent fraud. You probably have to submit an ID and proof of where you live.
Obtain Your Login Details: Once verified, the broker will issue you with your personal login information for your trading account.
Download Trading Platform: Most brokers offer MT4 or MT5. Some may also offer cTrader. Install the desired platform in your devices.
Deposit Funds Into Your Account: If all is well then you can now fund your trading account.
That's it! You are now good to go with forex trading Turkey.
How to Deposits and Withdrawals in Turkey
As the Turkish CMB regulated brokers are linked to a bank, most of them allow deposits and withdrawols from direct bank deposit. In addition to this, traders can deposit in a forex broker directly from the credit card, debit cards, and other online methods as well.
Withdrawing from a CMB regulated broker is an easy process which does not require withdrawal information. But when traders want to withdraw the money from their deposits, they have to use the same payment method that they used for deposits.
Broker Fees And Tax
The forex profit of each Turkish resident is subject to income tax as calculated below
• 15% for first 13,000 TRY to 30,000 TRY
• 27% up to 110,000 TRY and
• 35% above the 110,000 TRY
Hence for a trader, it is compulsory to maintain a 1 year trading history record by keeping detailed track of your trades.
In addition to the income tax, there are transaction fees related to trade execution. The trading account will automatically remove a small part of the balance when a trader trades and it's called spread. But the extent of spread is very little so that do not quite annoy about it.
On the other hand, there are some transaction fees regarding making a deposit or withdrawal, receiving foreign currency, etc.
Concluding — Who are the Best Brokers in Turkey?
Selecting the right forex broker is crucial for success in the Turkish forex market. While local regulation by the Capital Markets Board (CMB) offers the highest level of security, many international brokers with reputable licences also provide excellent services to Turkish traders.
Things such as competitive pricing, platform availability and some solid support are all needed factors in the decision. Thoroughly research each broker based on your specific needs and personal situation before you open an account. Ensure that you select a sureshot winner by sticking with brokers who have clear fee schedules, seamless trading interfaces and responsive customer service.
However, forex trading is risky and challenging for everyone until you know about the technical and fundamental analysis. Do you still have questions about trading Forex in Turkey? Then feel free to write a comment below or contact our team directly.