Turkey has one of the most heavily regulated retail forex markets in the world, with the CMB imposing a strict 1:10 leverage cap — lower than EU limits. The Turkish lira's volatility has made forex trading particularly popular among Turkish investors seeking to hedge currency risk.
A globally recognized multi-asset broker offering access to over 1,000 instruments with ultra-fast execution and multi-tier regulatory oversight across four jurisdictions.
| Broker | Risk % | Popularity | Min Deposit | ECN Deposit | Leverage | Platforms | Action |
|---|---|---|---|---|---|---|---|
| 2 AvaTrade An award-winning CFD broker regulated on five continents, known for its proprietary AvaTradeGO app and extensive educational resources tailored to newer traders. CBI ASIC FSCA +2 | 76% | | $100 | — | 1:400 | MT4 MT5 cTrader TV | Visit |
| 3 XTB A publicly listed European broker offering commission-free stock investing alongside leveraged CFD trading, powered by its proprietary xStation 5 platform with advanced analytics. FCA CySEC KNF +1 | 74% | | No min | — | 1:500 | MT4 MT5 cTrader TV | Visit |
| 4 Pepperstone An Australian-born execution specialist trusted by active traders for razor-thin spreads, institutional-grade liquidity, and support for all major third-party platforms. FCA ASIC CySEC +2 | 75.5% | | No min | $200 | 1:500 | MT4 MT5 cTrader TV | Visit |
| 5 IQ Option A pioneer in simplified trading interfaces with a low $10 entry point, offering CFDs on forex, stocks, and crypto through a sleek proprietary platform designed for mobile-first users. CySEC FSA | 83% | | $10 | — | 1:500 | MT4 MT5 cTrader TV | Visit |
| 6 Plus500 A publicly traded fintech firm (LSE: PLUS) providing a streamlined CFD-only experience with guaranteed stop-loss orders and a clean, intuitive proprietary interface. FCA CySEC ASIC +2 | 82% | | $100 | — | 1:300 | MT4 MT5 cTrader TV | Visit |
| 7 Eightcap A fast-growing Melbourne-based broker integrating directly with TradingView, offering raw spreads from 0.0 pips and deep cryptocurrency CFD coverage alongside traditional forex pairs. ASIC FCA CySEC +1 | 76.09% | | $100 | $100 | 1:500 | MT4 MT5 cTrader TV | Visit |
| 8 ActivTrades A London-headquartered broker with over two decades of operation, offering up to £1M in additional insurance coverage and consistently tight spreads on major pairs. FCA CSSF CMVM +1 | 68% | | No min | $1000 | 1:400 | MT4 MT5 cTrader TV | Visit |
| 9 Deriv The rebranded successor to Binary.com with 25+ years of heritage, offering unique synthetic indices that trade 24/7 alongside standard forex and CFD markets. MFSA LFSA VFSC +1 | 70% | | $5 | — | 1:1000 | MT4 MT5 cTrader TV | Visit |
| 10 Tickmill An ECN-focused broker consistently ranking among the lowest-cost providers globally, with raw spreads starting at 0.0 pips and commissions as low as $2 per lot per side. FCA CySEC FSCA +1 | 70% | | $100 | $100 | 1:500 | MT4 MT5 cTrader TV | Visit |
| 11 Libertex A veteran CFD platform with over 25 years of market presence, distinctive for its zero-spread model where traders pay only a transparent commission per trade. CySEC CNMV | 77.7% | | $10 | — | 1:500 | MT4 MT5 cTrader TV | Visit |
| 12 Admirals Formerly Admiral Markets, a multi-regulated European broker offering an expansive product range of 8,000+ instruments with transparent pricing and strong educational content. FCA CySEC ASIC +1 | 73% | | $25 | $100 | 1:500 | MT4 MT5 cTrader TV | Visit |
An award-winning CFD broker regulated on five continents, known for its proprietary AvaTradeGO app and extensive educational resources tailored to newer traders.
A publicly listed European broker offering commission-free stock investing alongside leveraged CFD trading, powered by its proprietary xStation 5 platform with advanced analytics.
An Australian-born execution specialist trusted by active traders for razor-thin spreads, institutional-grade liquidity, and support for all major third-party platforms.
A pioneer in simplified trading interfaces with a low $10 entry point, offering CFDs on forex, stocks, and crypto through a sleek proprietary platform designed for mobile-first users.
A publicly traded fintech firm (LSE: PLUS) providing a streamlined CFD-only experience with guaranteed stop-loss orders and a clean, intuitive proprietary interface.
A fast-growing Melbourne-based broker integrating directly with TradingView, offering raw spreads from 0.0 pips and deep cryptocurrency CFD coverage alongside traditional forex pairs.
A London-headquartered broker with over two decades of operation, offering up to £1M in additional insurance coverage and consistently tight spreads on major pairs.
The rebranded successor to Binary.com with 25+ years of heritage, offering unique synthetic indices that trade 24/7 alongside standard forex and CFD markets.
An ECN-focused broker consistently ranking among the lowest-cost providers globally, with raw spreads starting at 0.0 pips and commissions as low as $2 per lot per side.
A veteran CFD platform with over 25 years of market presence, distinctive for its zero-spread model where traders pay only a transparent commission per trade.
Formerly Admiral Markets, a multi-regulated European broker offering an expansive product range of 8,000+ instruments with transparent pricing and strong educational content.
Forex trading in Turkey is accessible through a range of internationally regulated brokers. The Capital Markets Board of Turkey (CMB) provides oversight for financial services in the country, though the scope of domestic forex regulation varies. Many international brokers serving Turkey traders operate under licenses from tier-1 regulators such as CySEC (Cyprus), FCA (United Kingdom), or ASIC (Australia), providing strong investor protection standards.
When choosing a forex broker in Turkey, traders should verify the broker's regulatory status, check whether the platform supports deposits and withdrawals in Turkish Lira (TRY), and confirm that the broker offers appropriate trading conditions including competitive spreads, reliable execution, and access to the currency pairs most relevant to the local market. Demo accounts are an excellent way to test a broker's platform before committing real funds.
Retail forex traders in Turkey are subject to a maximum leverage of 1:10 on major currency pairs under local regulations. This limit is designed to protect retail traders from excessive risk exposure.
The Capital Markets Board of Turkey (CMB) is responsible for overseeing financial market activities in Turkey. While the scope of the CMB's authority over retail forex trading may differ from that of major international regulators, its presence provides a layer of domestic oversight that traders should consider when evaluating their options.
Many international brokers that accept Turkey traders hold licenses from well-respected regulators such as CySEC (Cyprus Securities and Exchange Commission), FCA (UK Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or the DFSA (Dubai Financial Services Authority). These licenses require brokers to maintain segregated client accounts, meet capital adequacy requirements, and operate under strict conduct-of-business rules. When choosing a broker, verifying the license directly on the regulator's official website is always recommended.