Forex in Turkey

forex trading in turkey
The full amount of the leverage used by the investor must be collateralized in cash, in Turkish Lira or a
convertible currency. The parties may freely determine the leverage ratio, but it cannot exceed 100:1. This means, the investor
is required to deposit at least 1% of the total transaction value. For example, in order to trade
USD 100,000, the required margin would be at least USD 1,000.
The legislation requires that margins deposited by investors should be kept at the ISE Settlement and Custody Bank (Takasbank).”



15 Questions You Should Ask Your Forex Broker
“The following 15 questions are based on the above information and relate to basic information that your Forex Broker should answer without hesitation.
How long have you been a Forex Broker?
In what financial condition is your company? Will you show me your balance sheet?
Do you have good relationships with reputable banks?
Who is quoting the rates, my broker, a bank, or multiple banks?
Are the spreads fixed of variable?
How tight are the spreads?
Do you offer Fractional Pip Pricing?
Are there any trading restrictions?
Can I place orders inside the Spread?
Can I earn interest on positive rolls?
Can I earn positive rolls at all margin levels?
Are rollover rates displayed prominently? Where?
Does the trading platform allow me to hedge?
Can I lose more money than I put into my account?
What is the quality and availability of customer service?”