Best Day Trading Platforms and Brokers in Turkey 2025
A broker enables you to day trade diverse markets, both domestic and global, from currency pairs involving the Turkish lira (TRY) to stocks listed on the Borsa Istanbul, and commodities like oil and gold.
The Capital Markets Board (CMB) supervises trading providers in Turkey, though some residents open accounts with trusted international brokers. Still, compliance with CMB regulations and Turkey’s trading taxes is essential.
Explore DayTrading.com’s pick of the best day trading brokers in Turkey. We’ve tested every platform and some stand out with services ideal for Turkish traders, such as local securities and TRY accounts.
Top 6 Platforms For Day Trading In Turkey
After hands-on evaluations and meticulous analysis, these 6 brokers are the winners for day traders in Turkey:
Here is a short overview of each broker's pros and cons
- Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
- Exness - Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
- IC Markets - IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
- XM - XM is a globally recognized forex and CFD broker with 15+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC and CySEC and offers a comprehensive MetaTrader experience.
- AvaTrade - Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
- Deriv - Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.
Best Day Trading Platforms and Brokers in Turkey 2025 Comparison
| Broker | Minimum Deposit | Markets | Platforms | Leverage | Regulator |
|---|---|---|---|---|---|
| Interactive Brokers | $0 | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | 1:50 | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| Exness | Varies based on the payment system | CFDs on Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | 1:Unlimited | FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| IC Markets | $200 | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) | ASIC, CySEC, FSA, CMA |
| XM | $5 | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral | 1:1000 | CySEC, DFSA, IFSC |
| AvaTrade | $100 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade | 1:30 (Retail) 1:400 (Pro) | ASIC, CySEC, FSCA, ISA, CBI, JFSA, FSRA, BVI, ADGM, CIRO, AFM |
| Deriv | $5 | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView | 1:1000 | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
Interactive Brokers
"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer
Interactive Brokers Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies |
| Regulator | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM |
| Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | $100 |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF |
Pros
- Interactive Brokers has been named Best US Broker for 2025 by DayTrading.com, recognizing its long-standing commitment to US traders, ultra-low margin rates, and global market access at minimal cost.
- Interactive Brokers has launched ForecastTrader, a unique, zero-commission product where users can trade yes/no Forecast Contracts on political, economic, and climate events, with fixed $1 payouts per contract, 24/6 market access, and 3.83% APY on held positions.
- The new IBKR Desktop platform takes the best of TWS while adding bespoke tools like Option Lattice and Screeners with MultiSort to create a genuinely impressive trading experience for day traders at every level.
Cons
- Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
- TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.
- IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
Exness
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Exness Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Platforms | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Minimum Deposit | Varies based on the payment system |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:Unlimited |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
Pros
- Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
- Improved execution speeds, now averaging under 25ms, offer optimal conditions for short-term traders.
- Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side.
Cons
- Retail trading services are unavailable in certain jurisdictions, such as the US, UK and EU, limiting accessibility compared to top-tier brokers like Interactive Brokers.
- MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone.
- Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
IC Markets
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."
IC Markets Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Regulator | ASIC, CySEC, FSA, CMA |
| Platforms | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower |
| Minimum Deposit | $200 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- IC Markets secured DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its seamless, industry-leading MetaTrader integration, refined over years to maximize the platform experience.
- You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
- IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues.
Cons
- Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
- While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
- There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
XM
"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
XM Quick Facts
| Bonus Offer | $30 No Deposit Bonus, $35,000 in Deposit Bonuses |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies |
| Regulator | CySEC, DFSA, IFSC |
| Platforms | MT4, MT5, TradingCentral |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY |
Pros
- XM’s customer support has delivered over years of testing, with 24/5 assistance in 25 languages, response times of under 2 minutes and a growing Telegram channel.
- XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
- XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
Cons
- Although trusted and generally well-regulated, the XM global entity is registered with the weak IFSC regulator and UK clients are no longer accepted, reducing its market reach.
- While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
- XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
AvaTrade
"AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets."
AvaTrade Quick Facts
| Bonus Offer | 20% Welcome Bonus up to $10,000 |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Regulator | ASIC, CySEC, FSCA, ISA, CBI, JFSA, FSRA, BVI, ADGM, CIRO, AFM |
| Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail) 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
Pros
- Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.
- The WebTrader excelled in our hands-on tests, sporting a user-friendly interface for beginners, complete with robust charting tools like 6 chart layouts and 60+ technical indicators.
- AvaTrade launched AvaFutures to offer low-margin access to global markets, then expanded in 2025 as one of the first brokers to add CME’s Micro Grain Futures, and then later in the year went further by integrating with TradingView.
Cons
- AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
- The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
- Although the deposit process itself is smooth, AvaTrade still doesn’t facilitate crypto payments, a feature increasingly offered by brokers like TopFX, which caters to crypto-focused traders.
Deriv
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."
Deriv Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
| Platforms | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP |
Pros
- Deriv stands out with its innovative products, from multipliers and derived indices to its addition of accumulator options, providing exclusive short-term trading opportunities.
- After integrating TradingView and adding MT5 web trader, Deriv now offers a first-class selection of charting tools across desktop, web and mobile devices.
- Although response times trail alternatives in our personal experience, Deriv offers 24/7 support and is one of the few brokers to offer WhatsApp assistance.
Cons
- Leverage up to 1:1000 will appeal to traders with a large risk appetite but frustratingly there is no ability to flex the leverage in the account area.
- Apart from the MFSA in the EU, Deriv lacks top-tier regulatory credentials, reducing the level of safeguards like access to investor compensation.
- While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders.
Methodology
To pinpoint the best day trading brokers in Turkey, we scoured our database which consists of hundreds of trading platforms, and removed any that don’t accept Turkish traders.
We ranked the remaining firms by their overall rating, which blends our direct observations with 200+ data points.
- We verified that each broker accepts day traders from Turkey.
- We recommended firms we trust after assessing their regulatory oversight.
- We confirmed that each broker offers competitive day trading fees.
- We listed brokers with a wide selection of financial markets.
- We focused on brokers with reliable charting platforms.
- We made sure brokers offer transparent margin and leverage requirements.
- We investigated the execution quality at each broker.
- We ensured that every broker offers convenient account funding.
How To Choose A Day Trading Broker In Turkey
Drawing on our expertise analyzing hundreds of day trading providers, there are key things to consider:
Choose A Broker You Can Trust
We measure trust by assessing a broker’s:
- Regulatory credentials – Firms authorized by a ‘green tier’ body in line with DayTrading.com’s Regulation & Trust Rating offer the strongest safeguards, such as negative balance protection (preventing your account falling below zero) and segregated accounts (helps stop your broker misusing your funds). Turkey’s CMB is ‘yellow tier’ after making strides to improve its investor protections in recent years.
- Industry track record – Having at least 10 years in the industry is an excellent indication that a firm is legitimate, and it’s even better if they have a large client base and are listed on a stock exchange for financial transparency.
- Reviews from traders – Clients can leave direct reviews about their day trading experiences at every broker in our database, drawing our attention to unscrupulous firms and unfair trading practices.
A provider that ticks these boxes will give you peace of mind. It will also help protect you from trading scams like the large-scale operation Istanbul police caught up with, which defrauded victims of around 10 billion liras.
- FOREX.com earned an almost perfect 4.9/5 trust score from our experts thanks to its 20+ year record, 10 licenses (9 of which are ‘green tier’), and its parent company, StoneX Group Inc, that’s listed on the Nasdaq.
Choose A Broker With The Markets You Want To Trade
We investigate the range of financial markets available on a broker’s platform, record this in our database, and compare it to alternatives to assign a rating for its market offering.
With the 17th largest economy, Turkey’s financial markets offer opportunities for active traders. Residents may be interested in speculating on the value of the Turkish lira (TRY) through currency pairs like TRY/USD and TRY/EUR, though liquidity challenges can make such instruments less suitable for day trading.
Alternatively, securities listed on the Borsa Istanbul, such as QNB Finansbank and Aselsan, or the country’s key export commodities, such as gold, may offer day trading opportunities.
Turkish brokers typically offer trading through contracts for difference (CFDs), a high-risk product that’s geared towards short-term traders and provides opportunities to capitalize on rising and falling prices.
- Pepperstone excels in its range of markets, catering to Turkish day traders with exotic currency pairs like EUR/TRY and USD/TRY, notable commodities like gold and oil, plus a fantastic selection of ETFs providing exposure to diverse industries and sectors.
Choose A Broker With Low Trading Fees
We find out the trading and non-trading fees charged, and balance these against the overall day trading environment to find out whether a broker delivers value.
Spreads and commissions are the most common charges a trader will face, but the top trading platforms should keep these low on popular markets like oil, USD/TRY and actively traded stocks.
Importantly, you may have to pay a conversion fee if you deposit Turkish liras into an account based in US dollars or Euros. However, brokers with TRY accounts can help you avoid or minimize these fees.
- Moneta Markets continues to offer low trading fees, including spreads averaging 0.26 on EUR/USD and 1.55 on gold, plus zero commissions on US share CFDs. High-quality tools are included, including an economic calendar where you can filter for Turkish events and daily financial news via Moneta TV.
Choose A Broker With An Excellent Charting Platform
We test the suite of platforms available, paying particular attention to their usability and charting tools given that technical analysis is popular with day traders.
Our data shows most brokers offer MetaTrader 4 (MT4) and/or MetaTrader 5 (MT5), though TradingView is fast becoming a leading alternative among active traders of all experience levels.
Day trading apps are also on the rise, which mirrors the broader trend in Turkey where the number of smartphone users is rising year-on-year and now tops 80 million, according to Statista.
- AvaTrade’s suite of platforms caters to all day trading needs, including the MetaTrader terminals, social trading solutions and its own options trading software. I particularly love the broker’s own web platform, which offers an incredibly straightforward interface that is ideal for beginners.
Choose A Broker With Transparent Leverage Requirements
We find out the level of leverage available and the margin requirements to open and maintain positions.
Leverage allows you to amplify your buying power, and hence trading results, whilst only putting down a small outlay (margin). It’s attractive to active traders but can also cause heavy losses without risk management.
Let’s say I want to trade EUR/TRY with leverage of 1:10 and an initial outlay of €100. This would increase my potential gains (and losses) by 10, to €1,000 (less any fees).Turkey’s CMB has toughened its stance on leverage trading, with the maximum rate available at 1:10 to curb potential losses.
- Deriv offers transparent leverage on CFDs and its fairly unique multipliers. It also offers useful information about the benefits and risks of trading CFDs on margin, which is a worthwhile read for beginners.
Choose A Broker With Fast And Dependable Execution
We investigate the order quality and speed where possible, with platforms ideally meeting our benchmark of less than 100 milliseconds.
This will help ensure the shortest possible time delay between when a trade is requested and when it is executed, minimizing price slippage.
Execution quality is particularly important when dealing in volatile markets like Turkish stocks and TRY currency pairs.
- IC Markets executes trades in around 35 milliseconds – faster than most alternatives we’ve assessed. The broker’s servers are powered by ultra-fast fibre optic connections which ensure low latency rates (the time delay between the requested trade and executed trade) – ideal for day traders.
Choose A Broker With Convenient Account Funding
We always note the minimum deposit and the range of payment methods to ensure traders can easily and cheaply fund their trading accounts.
From our analysis, most day trading platforms require less than €250 (approximately 8,495 lira) to get started. That said, an increasing number of brands require far less, catering to newer traders and those with less capital.
Convenient payment methods are also important. In Turkey, debit cards and bank transfers remain the most popular solutions, since banking laws restrict the use of international e-wallets like PayPal, according to research by Pay.com.
- Exness has the best range of account currencies we’ve seen. The $10 minimum deposit is also highly accessible and it supports a wide range of deposit options, including Visa, Mastercard and Maestro, plus bank wire and crypto payments.
FAQ
Who Regulates Day Trading Platforms In Turkey?
The Capital Markets Board (CMB) oversees the financial markets in Turkey, including day trading platforms.
Some Turks use global brokers for their flexible trading conditions but you may lose any legal protections afforded under Turkish laws.
Which Is The Best Broker For Day Traders In Turkey?
Explore DayTrading.com’s list of the best day trading brokers in Turkey to find the right option for you.
Pepperstone, for example, is a great choice for traders looking for TRY currency pairs with low fees, whilst Moneta Markets offers a terrific range of analysis tools to inform short-term trading decisions.
Recommended Reading
Article Sources
- Borsa Istanbul
- Capital Markets Board
- Trading Scam in Turkey - Hurriyet Daily News
- QNB Finansbank - Borsa Istanbul
- Aselsan - Borsa Istanbul
- Payment Methods in Turkey - Pay.com
- Smartphone Users in Turkey - Statista
- The Economy of Turkey - World Bank
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com