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Brokers

XTB Proceeding With Plans to Leave Turkish Market

  • XTB is ‎setting high targets for ‎international ‎growth, particularly in Latin America, Africa and Asia.‎
Thursday, 19/04/2018 | 17:39 GMT by Aziz Abdel-Qader
Analysis

Analysis: Is Growing Trader Activity in Turkey a Sign of Industry Recovery?

  • Starting strong in 2018, February data confirms positive trends, with both activity and size of deposits growing again.
Thursday, 05/04/2018 | 07:16 GMT by Sylwester Majewski
Technology

Devexperts’ Trading Platform Certified by Turkish Borsa Istanbul

  • The milestone opens expansion opportunities for the company in Turkey.
Wednesday, 07/02/2018 | 09:02 GMT by Victor Golovtchenko
Exchanges

Moscow Exchange Introduces Trading on Turkish Lira

  • Trading initially implemented on TRY/RUB currency pair.
Wednesday, 31/01/2018 | 10:57 GMT by Finance Magnates Staff
News

3,000 Tonnes of Wheat, Bought with Bitcoin, Shipped to Turkey from Russia

  • “One thing is clear: the digital revolution is transforming the commodities sector.”
Thursday, 25/01/2018 | 13:10 GMT by Simon Golstein
Brokers

XTB Board Member Sheds Light on Turkish FX Market as Uncertainty Grows

  • The broker addresses its recent decision to exit the Turkish market following strict regulations set by the CMB.
Tuesday, 26/12/2017 | 10:43 GMT by Damian Chmiel
Regulation

Turkey Prepares Legislative Framework to Limit Foreign FX Broker Accounts

  • The Turkish Council of Ministers has outlined the latest set of measures against leveraged trading.
Monday, 03/07/2017 | 14:45 GMT by Victor Golovtchenko
Brokers

Saxo Bank Closing Istanbul Office Amidst Local FX Regulatory Shift

  • The group has shifted its operational focus in the Turkey, closing its Istanbul office.
Wednesday, 28/06/2017 | 15:36 GMT by Jeff Patterson
Brokers

GCM Forex Launches MT5 as Turkish Brokers Embrace Industry Shift

  • GCM Forex has become the latest Turkish broker to support the MT5 platform.
Monday, 26/06/2017 | 10:02 GMT by Jeff Patterson
Regulation

Turkish Regulator to Prosecute Four People Related to Özbey Financial

  • Turkish CMB to pursue a criminal complaint against Fayik Özbey, Hüsrev Özbey, Hakan Özbey and Mesut Çelik.
Monday, 29/05/2017 | 08:34 GMT by Avi Mizrahi
Technology

MetaQuotes Opens Representative Office in Bulgaria Led by Emre Peser

  • The developer of the MetaTrader trading platform suite is launching an IT consultancy in Bulgaria
Tuesday, 02/05/2017 | 17:49 GMT by Victor Golovtchenko
Brokers

USDTRY Gaps Lower 2.5% After Erdogan Wins Turkish Referendum

  • The Turkish lira rallied in the immediate aftermath of the big win for President Erdogan
Monday, 17/04/2017 | 07:54 GMT by Victor Golovtchenko
Brokers

Exclusive: XTB’s CEO Omar Arnaout Goes in Depth to Explain XTB’s Plans

  • Omar Arnaout elaborates on the challenges of operating in Turkey, industry consolidation and regulatory challenges
Thursday, 13/04/2017 | 10:44 GMT by Damian Chmiel
Brokers

Constitutional Referendum in Turkey Prompts Broker Caution on Turkish Lira

  • The Turkish lira is facing a major political risk on Sunday as the country goes to the polls.
Wednesday, 12/04/2017 | 11:12 GMT by Victor Golovtchenko
Regulation

“Turkey’s New Forex Regulations are Unlawful with Respect to Open Positions”

  • Turkish legal expert Akın Abbak explains some of the problems caused by the abrupt regulatory changes to the market.
Tuesday, 21/03/2017 | 09:59 GMT by Avi Mizrahi
Regulation

Bullion Firm Özbey Precious Metals Reportedly Kicked Out of Borsa Istanbul

  • Sources in Turkey speculate that the decision was made due to illegal forex transactions by the firm.
Thursday, 16/03/2017 | 10:17 GMT by Avi Mizrahi
News

Gedik Yatirim and Devexperts Launch a Turkish Equities Trading Platform

  • The new platform is tailored specifically for the Turkish market, covering stocks and futures listed on Borsa Istanbul.
Wednesday, 15/03/2017 | 14:32 GMT by Avi Mizrahi
Brokers

XTB Might Leave Turkey Over New FX Limitations, More to Follow?

  • Harsh new restrictions on forex trading are forcing brokers to reconsider their operations in Turkey.
Tuesday, 14/02/2017 | 10:21 GMT by Avi Mizrahi
Regulation

Exclusive: Turkish Forex Industry Takes Action Against Crippling New Regulations

  • Professional forex traders as well as brokerages employees object to the harsh new limitations on FX in Turkey.
Monday, 13/02/2017 | 09:51 GMT by Avi Mizrahi
Regulation

Exclusive: Turkey Cuts Forex Leverage to 1:10, Hikes Minimum Deposits

  • Turkish authorities are taking dramatic action against clients of forex trading services in the country.
Friday, 10/02/2017 | 10:41 GMT by Victor Golovtchenko
Executive Moves

Exclusive: Turkey’s Gedik Investment Adds Anil Abbak as MD of FX

  • Abbak joins from Tacirler Investment and is tasked with expanding the firm's FX offerings.
Monday, 19/12/2016 | 08:43 GMT by Finance Magnates Staff
Execution

Borsa İstanbul Inks MoU With Islamic Development Bank

  • The Borsa looks shore up regional cooperation, with Turkey playing a paramount role in finance in the Middle East.
Friday, 25/11/2016 | 20:53 GMT by Jeff Patterson
Analysis

Bosphorus Bridge Over Troubled Water: What’s Next for Turkey’s FX Industry?

  • The Turkish FX industry has quickly evolved following Erdoğan’s efforts to turn Turkey into regional financial hub.
Wednesday, 23/11/2016 | 15:10 GMT by Sylwester Majewski
Analysis

Nigeria, Thailand and Egypt Among Top Sources for International FX Traffic

  • Finance Magnates Intelligence Department presents the top sources for brokers' English sites including a few surprising markets.
Tuesday, 08/11/2016 | 07:59 GMT by Avi Mizrahi
Regulation

Venbey Yatırım Fined Over $110K by Turkish Capital Markets Watchdog

  • Turkish forex broker Venbey Yatırım is fined after an on-site inspection by the local authorities.
Tuesday, 18/10/2016 | 14:08 GMT by Avi Mizrahi
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