Skip to main content

3 Best Forex Brokers in Turkey for 2026

Updated: Oct 26, 2026
Written by: 
Jitan Solanki
, 
Christopher Lewis
Fact Checked By: 
Aviva Gurevich
Reviewed By: 
Ola Alder

For those looking to trade in Turkey, not all CFD brokers are created equal. Brokers must be able to offer services to Turkish residents and provide Turkish-language support and information. The ability to deposit in Turkish lira is also a major bonus, and isn’t always accepted.

Advertising Disclosure
Every review and score on our site comes from independent, hands-on testing, and no broker can pay to change a score or a verdict. Brokers pay to appear on our site. That can affect which brokers we feature and where. How we make money
  • How this list works. Our editors choose brokers that meet this page's criteria and impressed us in testing. The list is not in score order. Brokers pay to appear on our site, which can affect which brokers we feature and where. No broker can pay to change a score or a verdict.
  • The authority on broker reviews since 2011. Traders have relied on our independent testing for over a decade.
  • 70+ brokers tested. We test leading brokers the same way, so we can compare them fairly.
  • Every broker takes the same test. One published scoring system, with 9 weighted categories and 250+ variables, all measured hands-on by our analysts.
  • Key facts are checked before publishing. An editor re-checks licenses, spreads and fees against our test data.

I looked for all of the usual things, such as being regulated, offering a diverse range of markets, and decent platforms. FXEmpire uses a proprietary 250-point rating system and compiled a database of brokers around the world. I have looked through the database to find the best options for Turkish traders, as they will have some specific needs, especially with the volatility of the Lira over the last few years, and the lack of options for deposits.

List of Top Forex Brokers in Turkey

FxPro
True no-dealing desk (NDD) broker. Feature-rich proprietary FxPro platform. MT4, MT5, cTrader. High-quality, in-house market research. Multiple account types, including swap-free.

FXTM
FXTM App with TradingView charts. MT4 and MT5. 1,200+ CFDs plus real stocks. Selection of in-depth educational materials. Excellent market research.

Vantage
1,000+ markets. Raw ECN and swap-free accounts. MT4, MT5, and ProTrader platforms. Vantage App for mobile trading. Market sentiment indicators and premium research.

Compare All Listed Brokers

BrokerScoreFees ScoreMin DepositMax LeveragePlatformsVisit Broker
FxPro
FxPro
3.6
$0
1:30 (FCA)
1:200 (SCB) · 1:10000 (FSA) · 1:30 (CySEC) · 1:10000 (FSA)
MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView
73% 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 money. (EU, UK)
FXTM
FXTM
3.1
$100
1:3000 (CMA)
1:3000 (FSCM) · 1:3000 (CMA UAE) · 1:3000 (FSCA)
MT5, MT4, FXTM Trader App
Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence.
Vantage
Vantage
4.4
$50
1:30 (ASIC)
1:30 (FCA) · 1:1000 (FSCM) · 1:1000 (FSCA) · 1:2000 (VFSC) · 1:1000 (CIMA)
MT4, MT5, TradingView, Vantage App, Vantage Web Trading
Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

How Did I Select the Best Brokers in Turkey?

  • I only included those brokers that accept clients from Turkey and offer them loclized services.
  • Islamic swap-free accounts were a must, so I didn’t include any broker not offering them. 
  • I tested the trading platforms for their usability and ease of access. 
  • I looked to see if each broker has a website and customer support in Turkish, giving those who do special attention.
  • I looked for payment methods to determine whether the broker allows deposits and withdrawals in Turkish lira (TRY).  
  • I looked for a large list of trading markets, including Turkish markets. 
  • I opened a live account to test spreads and fees for each broker here.

Best Overall

73% 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 money. (EU, UK)
  • Min Deposit
    $0
  • Tradable Instruments
    2090
  • Fees
    High

Why We Picked It

FxPro has been in operation since 1999, and is a highly respected CFD broker based in London. There are over 2,100 tradable instruments, and a list of platforms you can choose from. There is ultra-fast execution, with the average fill being just 12 milliseconds, something that can significantly improve the execution for professional traders.

Regional Features:

  • Entity for Turkish Residents: FxPro Global Markets Ltd, regulated by the SCB
  • Maximum Leverage: 1:200 
  • Islamic Account: Yes
  • Turkish Lira Pairs: EUR/TRY, USD/TRY
  • Website in Turkish: Yes
  • Customer Support in Turkish: Yes 

FxPro has super-fast execution speeds due to its No Dealing Desk model, which averages fills in 12 milliseconds. The broker also claims that 84% of fills are at the client’s requested price or better. 

FxPro has a large amount of assets for trading, with over 2,100 instruments, and has plenty of tools and platforms to choose from, making trading the global markets possible. The options of cTrader, FxPro WebTrader, FxPro Mobile App, MetaTrader 4, and MetaTrader 5 for traders to access markets give flexibility for execution. 

The Raw+ account offers spreads from 0.0 pips, with the Elite account offering the same, and rebates, as well as VIP perks. FxPro offers Virtual Private Servers (VPS), so traders can easily automate their strategies in a low-latency environment. Furthermore, this allows for an uninterrupted setup.

Pros and Cons

Pros
  • 12 milliseconds execution speed
  • Multiple trading platforms
  • Trading Central and in-house research
  • Feature-rich proprietary platform
Cons
  • Spreads can be slightly higher in some assets

Best for Beginners

Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence.
  • Min Deposit
    $30
  • Tradable Instruments
    602
  • Fees
    High

Why We Picked It

FXTM was opened in 2011 and is based in Mauritius. It offers CFD markets involving forex, commodities, indices, and ETFs. The broker also offers MetaTrader 4 and MetaTrader 5 trading platforms, and several tools to make trading easier for you. There are webinars and guides for beginning traders to educate themselves about the markets as well.

Regional Features:

  • Entity for Turkish Residents: Exinity Ltd, regulated by the FSC Mauritius
  • Maximum Leverage: 1:3000
  • Islamic Account: Yes
  • Turkish Lira Pairs: EUR/TRY, USD/TRY
  • Website in Turkish: No
  • Deposit/Withdrawal in TRY: Yes
  • Customer Support in Turkish: No

FXTM’s educational resources are worthy of earning the “Best for Beginners” title in this article, as they are robust and cover a lot of the things that beginning traders need to know. The company also puts on webinars frequently, and this can help expose new traders to professional traders and their opinions and methods. 

The tool section gives you the ability to take position sizes correctly, watch for economic events, and learn about the benefits, as well as the dangers of trading them. The professional in-house analysis is also solid, and can help new traders get a read on the markets. Furthermore, using the “Advantage” account, you can access the real stock markets also.

Pros and Cons

Pros
  • Insightful market research
  • Strong educational content
  • CFDs and real stocks possible
Cons
  • No customer support in Turkish

Best for Professional Traders

Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.
  • Min Deposit
    $50
  • Tradable Instruments
    1056
  • Fees
    Low

Why We Picked It

Vantage was formed in 2009 and is globally regulated. It offers several products that make it promising for professionals, not the least of which would be a suite of tools for MetaTrader 4 and MetaTrader 5. There are other tools as well, including ProTrader and the Vantage App. The Raw ECN account is a favorite, as it has low spreads and commissions across several asset classes.

Regional Features:

  • Entity for Turkish Residents: Vantage Global Limited, regulated by the VFSC in Vanuatu
  • Maximum Leverage: 1:500
  • Islamic Account: Yes
  • Turkish Lira Pairs: EUR/TRY, USD/TRY
  • Website in Turkish: No
  • Customer Support in Turkish: No

The Raw ECN account at Vantage is a remarkable account for professional traders, with the EUR/USD spread averaging just 0.1 pips during the New York session. The commission is $6 round turn per lot, aligned with the industry average. 

There is a full suite of trading tools for MetaTrader’s ecosystem, allowing one-click trading, multiple order types, and the ability to run an algorithm. The Vantage copy trading app allows providers to become signal providers as well.

Pros and Cons

Pros
  • Suite of MetaTrader tools
  • Raw ECN pricing
  • Copy trading
  • Excellent market research
Cons
  • Execution sometimes slow

All Brokers That Accept Clients from Türkiye

Every broker we reviewed that accepts Türkiye residents, ranked by FXEmpire score. The regulator and leverage are those of the entity that opens accounts for clients from Türkiye.
BrokerEntity for TürkiyeMax LeverageScoreFees ScoreMin DepositPlatformsVisit Broker
IC
IC
Raw Trading Ltd
FSA Seychelles
1:5000
5.0
$0
MT5, cTrader, MT4, TradingView, Zulutrade
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
IG
IG
IG International Limited
BMA Bermuda
1:200
3.8
$50
MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform
70% 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
Pepperstone
Pepperstone
Pepperstone Markets Limited
SCB Bahamas
1:200
4.4
$0
MT5, cTrader, MT4, TradingView, Pepperstone WebTrader, Pepperstone Mobile App
73–89% of retail investor accounts lose money when trading CFDs.
Exness
Exness
Exness (SC) Ltd
FSA Seychelles
-
4.6
$10
MT5, MT4, Exness Terminal
General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs.
FP Markets
FP Markets
First Prudential Markets Limited
FSA Seychelles
1:500
4.1
$0
MT5, cTrader, IRESS, MT4, Mottai, TradingView
Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested.
Moneta Markets
Moneta Markets
Moneta Markets Ltd
FSA Seychelles
1:500
4.5
$50
MT5, MT4, ProTrader, App Trader, Copytrader App
Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how Derivatives work and whether you can afford to take the high risk of losing your money. Trading derivatives is risky. It isn't suitable for everyone; you could lose substantially more than your initial investment. You don't own or have rights to the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't consider your personal objectives, financial circumstances, or needs. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.
Vantage
Vantage
Vantage Global Limited
VFSC Vanuatu
1:2000
4.4
$50
MT4, MT5, TradingView, Vantage App, Vantage Web Trading
Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.
AvaTrade
AvaTrade
Ava Trade Markets Ltd
BVI FSC Virgin Islands, British
1:200
4.2
$100
AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App
Trading CFDs and FX Options entail risk and could result in the loss of your capital.
Forex.com International
Forex.com International
GAIN Global Markets Inc.
CIMA Cayman Islands
1:250
3.7
-
MT4, WebTrader
72.5% of retail investor accounts lose money when trading CFDs with this provider.
Fusion Markets
Fusion Markets
Gleneagle Securities Pty Limited
VFSC Vanuatu
1:500
4.4
$0
MT4, MT5, cTrader, TradingView, DupliTrade
All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance.
Hantec
Hantec
Hantec (Seychelles) Services Limited
FSA Seychelles
1:1000
4.2
$10
MT4, MT5, Hantec Mobile, Hantec Web Trader
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
MultiBank Group
MultiBank Group
MEX Atlantic Corporation
CIMA Cayman Islands
1:1000
4.0
$50
MT5, MT4, MultiBank App
All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all.
STARTRADER
STARTRADER
Startrader Financial Markets Limited
FSCM Mauritius
1:1000
4.5
$50
MT5, MT4, STARTRADER App
All investments entail risks and may result in both profits and losses. I
VT Markets
VT Markets
VT Markets Limited
FSCM Mauritius
1:1000
4.5
$100
MT5, MT4, VT Markets app, TradingView
Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks.
XTB
XTB
XTB International Limited
IFSC Belize
1:500
4.3
$0
xStation 5
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.
BlackBull Markets
BlackBull Markets
BBG Limited
FSA Seychelles
1:500
4.2
$0
MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade
BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326).
FxPro
FxPro
FxPro Global Markets Ltd
SCB Bahamas
1:200
3.6
$0
MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView
73% 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 money. (EU, UK)
IronFX
IronFX
Notesco (BVI) Limited
BVI FSC Virgin Islands, British
1:2000
4.0
$50
MT4
Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
Tickmill
Tickmill
Tickmill Ltd
FSA Seychelles
1:1000
4.0
$100
MT5, MT4, Tickmill Trader
Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.
TMGM
TMGM
Trademax Global Limited
VFSC Vanuatu
1:1000
4.1
$100
MT4, MT5, TMGM Mobile App, HubX
80.26% of retails CFD accounts lose money.
XM Group
XM Group
XM (SC) Limited
FSA Seychelles
1:1000
3.1
$5
MT5, MT4, XM Web Platform, XM Mobile App
Forex and CFD trading involves significant risk to your invested capital.
ActivTrades
ActivTrades
ActivMarkets Ltd
FSCM Mauritius
1:1000
3.4
$0
MT5, MT4, ActivTrader, TradingView
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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.
ATFX
ATFX
AT Global Markets Intl Ltd
FSCM Mauritius
1:500
3.2
$50
MT4, MT5, ATFX Trading App
Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.
IUX
IUX
IUX Markets (MU) LTD
FSCM Mauritius
1:3000
4.9
$30
MT5, IUX Web Trade, IUX App Trade
This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses.
OneRoyal
OneRoyal
Royal CM Limited
VFSC Vanuatu
1:1000
3.5
$0
MT4, MT5
Your capital is at risk.
PrimeXBT
PrimeXBT
PXBT Trading Ltd
FSA Seychelles
1:2000
3.8
$0
MT5, PrimeXBT Mobile App, PXTrader 2.0
Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money.
PU Prime
PU Prime
PU Prime Ltd
FSCM Mauritius
1:1000
3.6
$20
MT5, MT4, PU Prime App, PU Web Trader, PU Copy Trading
Trading Contracts for Difference (CFDs) involves a high level of risk and may not be suitable for all traders.
Taurex
Taurex
Zenfinex Global LLC
FSA Seychelles
1:2000
3.4
$9
MT5, MT4, Taurex Trading App, Brokeree, Pelican
Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage.
YWO
YWO
YWO (CM) Ltd
MISA Comoros
1:1000
4.4
$10
MT5
Trading our products involves margin trading and carries a high level of risk, including the potential loss of your entire capital. These products may not be suitable for all investors. You should fully understand the risks involved before trading.
DB Investing
DB Investing
DB Invest Limited
FSA Seychelles
1:1000
2.3
$50
MT5, DB Investing App
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Elev8
Elev8
Elev8 Markets Ltd
FSCM Mauritius
1:2000
4.1
$20
MT5, MT4, Elev8Trader
Elev8's services relate to complex derivative products that are traded over the counter. Trading with leverage involves a high level of risk and may not be suitable for all investors. Investing carries risks, and individuals should carefully consider their investment objectives, level of experience, and risk tolerance before making any investment decisions.
Errante
Errante
Errante Securities (Seychelles) Ltd
FSA Seychelles
1:1000
3.6
$50
MT5, cTrader, MT4, TradingView, Errante App
FX and CFDs trading involves a high risk of loss
FP Trading
FP Trading
FP Trading Ltd
FSRA Finland
1:500
4.7
-
MT4, MT5, cTrader
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us.
FXCC
FXCC
Central Clearing Ltd
MISA Comoros
1:1000
4.4
$0
MT4, MT5
Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved.
FXT
FXT
Gleneagle Securities Pty Limited
VFSC Vanuatu
1:2000
4.0
$50
MT4, MT5, FXT WebTrader, FXTrading App
Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset.
Mitrade
Mitrade
Mitrade International Ltd
FSCM Mauritius
1:200
3.8
$20
Mitrade Trading Platform, Mitrade Mobile App
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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.
FISG
FISG
First Interstellar Global Ltd
FSA Seychelles
1:500
3.2
$0
MT4, MT5, FISG App
Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited.
FXTM
FXTM
Exinity Limited
FSCM Mauritius
1:3000
3.1
$100
MT5, MT4, FXTM Trader App
Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence.
TIOmarkets
TIOmarkets
TIO Markets Ltd
MISA Comoros
1:1000
3.8
$20
MT4, MT5
Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose.
Alchemy Markets
Alchemy Markets
Alchemy International Ltd
FSA Seychelles
1:500
3.2
$1000
MT4, MT5, TradingView
All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
AMarkets
AMarkets
AMarkets LTD
MISA Comoros
1:3000
2.4
$100
MT5, MT4, AMarkets App
Your capital is at risk
Doto
Doto
Doto Global Ltd
FSCM Mauritius
1:500
3.4
$15
MT4, MT5, Doto Platform
Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors.
Trade Set Go
Trade Set Go
Trade Set Go Ltd
FSA Seychelles
1:400
4.5
$96
TSG Trade Web, TSG Trade Mobile App, MT5
Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved.
4XC
4XC
4xCube Ltd
FSC CA Cook Islands
1:500
3.6
$50
MT5, MT4
Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action.
Rock-West
Rock-West
MAIV Limited
FSA Seychelles
1:2000
3.5
$50
MT5, Rock-West App
CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement.
TenTrade
TenTrade
Evalanch Ltd
FSA Seychelles
-
3.9
$10
MT5
“Contract for Differences” (CFDs) are usually leveraged products. Trading Over-The-Counter (OTC) CFDs related to commodities, Forex, Indices and Shares, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be appropriate and/ or suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should be aware of all the risks associated with OTC CFDs trading, and seek advice from an independent and suitably licensed financial advisor. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. General information and/ or recommendations provided by the Company should not be interpreted as investment advice. For more information please visit our General Risk Disclosure Policy. Disclaimer: Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Versus Trade
Versus Trade
Versus Trade Ltd
FSCM Mauritius
1:2000
4.3
$10
MT5
It is hereby warned that engagement in the trade of CFDs and/or other services are accompanied by considerable risk and the potential loss of funds and under no circumstances shall Versus Trade be held liable for such. Access to this website is made with clear understanding of the risks. No element present on this website shall be interpreted as investment advice or invitation to engage in services.
DLSM
DLSM
DLS Markets Limited
VFSC Vanuatu
-
4.1
$100
MT5, MT4, DLSM GO App
Investing in CFDs and Margin FX Contracts carries significant risks and is not suitable for all traders. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlying assets.
Anzo Capital
Anzo Capital
Anzo Capital Limited (SVG) LLC
Not regulated
1:1000
3.6
$50
MT4, MT5
Investing in leveraged products carries significant risks and is not suitable for all investors. You could lose more than your deposits.
Bullwaves
Bullwaves
Equitex Capital Limited
FSA Seychelles
1:500
3.0
$100
MT5
Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors.
TradeSmart
TradeSmart
TradeSmart Capital Limited
Not regulated
1:2000
4.5
$50
MT5
Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
DuraMarkets
DuraMarkets
DuraMarkets Ltd
MISA Comoros
1:500
3.9
$10
MT5, MT4
CFDs and margin trading carry a very high degree of risk. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional losses, charges, or other costs we incur in recovering any amount due from your end, in the course of trading. Hence, you should ensure that you’ve fully understood the risks involved and invest the amount that you are willing to lose.

This guide covers brokers that accept clients from Turkey. For the full ranking across all countries, see our best forex brokers worldwide.

Best Forex Brokers in Other Middle Eastern Countries

Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.

Middle East
Best Forex Brokers in Dubai  |  Best Forex Brokers in Kuwait  |  Best Forex Brokers in Qatar  |  Best Forex Brokers in Saudi Arabia  |  Best Forex Brokers in the UAE

Not from Turkey? See the best forex brokers worldwide or all our country guides.

Where to Go Next

More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.

See all our best-broker guides →

All the Brokers We Tested

See a list of all the brokers we tested and considered for this guide
4XC
ActivTrades
ADSS
Alchemy Markets
AMarkets
Anzo Capital
ATFX
AvaTrade
BlackBull Markets
Bullwaves
Capital.com
DB Investing
Deriv
DLSM
Doto
DuraMarkets
Elev8
Errante
eToro
eToro US
Exness
FISG
Forex.com International
FP Markets
FP Trading
Fusion Markets
FXCC
FxPro
FXT
FXTM
Hantec
Headway
IC
iFOREX
IG
Interactive Brokers
IronFX
IUX
JustMarkets
Libertex
LiteForex
Mitrade
Moneta Markets
MultiBank Group
OANDA
OANDA US
OneRoyal
Pepperstone
Plus500
Plus500 US
PrimeXBT
PU Prime
Rock-West
Spreadex
STARTRADER
Swissquote
tastyfx
Taurex
TenTrade
Tickmill
TIOmarkets
TMGM
Trade Set Go
TradeSmart
Trading 212
Trading.com
Trading.com US
Vantage
Versus Trade
VT Markets
XM Group
XTB
YWO

Update History

Oct 26, 2026 · Ola Alder
We removed FP Markets from the list.
Oct 21, 2026 · Ola Alder
We added links to our forex broker guides for other countries.
Sep 14, 2026 · Ola Alder
We moved the page to our new template, adding a summary card, a compare table of all listed brokers, a list of every broker we tested, and this update history.
Sep 2, 2026 · Jitan Solanki
We made FXTM our Best for Beginners pick and Vantage our Best for Professional Traders pick.
Aug 27, 2026 · Jitan Solanki
We removed the FAQ, "How to Choose a Forex Broker in Turkey?" and scam-avoidance sections.
Oct 20, 2025 · Dan Blystone
We removed IG from the list.
Sep 18, 2025 · Ola Alder
We re-added FXTM to the list.
Jul 2, 2025 · Jitan Solanki
We removed Tickmill from the list and the "Our Methodology" section.
Jun 19, 2025 · Jitan Solanki
We removed ActivTrades and FXTM from the list.
Oct 9, 2024 · Jitan Solanki
We added IG to the list.
Sep 12, 2024 · Ola Alder
We added Vantage to the list.
We change this page's date only for a material change, logged here. Typo fixes never change the date.

Dive deeper with our experts.Continue the conversation with traders and analysts in our community channels.

About the Authors

Jitan SolankiBroker Analyst

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

Christopher LewisSenior Analyst

Christopher Lewis is an experienced trader and technical analyst specializing on currencies, indices, and commodities. He also has been working as a proprietary trader for institutional accounts. Chris has been an FXEmpire analyst since the site's early days and shares his trading insights on his own blog, The Trader Guy. His sharp, practical understanding of the trading industry means he knows forex and CFD brokers inside-out, so you can trust his guidance on how they work and which one to choose.

Aviva GurevichSenior Content Editor

Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.

Ola AlderSenior Content Editor

As a Senior Content Editor at FXEmpire, Ola has edited and fact-checked more than 350 broker reviews and guides. She continually refines FXEmpire’s proprietary broker rating system and keeps a close eye on industry trends, making sure our reviews reflect the latest changes in the market.