Forex trading in Turkey is legal and regulated under the oversight of the Capital Markets Board of Turkey (SPK). Since August 27, 2011, the SPK has placed all leveraged trading activities, including forex, under its regulatory framework to protect investors and maintain market integrity (1).
Only SPK-licensed brokerage firms are permitted to offer forex trading services to both residents and non-residents. These intermediaries must comply with strict capital requirements, client protection measures, and reporting obligations. Failure to operate with SPK authorization constitutes an offence under Turkish capital markets legislation (2).
"Türkiye’de Foreks işlemleri, 27 Ağustos 2011 tarih ve 28038 sayılı Resmî Gazete’de yayınlanan Sermaye Piyasası Kurulu’nun (SPK) Seri: V, No:125 sayılı “Kaldıraçlı Alım Satım İşlemleri ve Bu İşlemleri Gerçekleştirebilecek Kurumlara İlişkin Esaslar Hakkında Tebliğ”i ve SPK mevzuatı ile denetim altına alınmıştır." (1)
Retail investors must complete a risk acknowledgment form and open an account with an SPK-registered intermediary. Trading with unlicensed brokers or offshore platforms is explicitly prohibited and may result in administrative fines, account freezes, or criminal liability under Turkish law (2).
Source:
https://ansiklopedi.tubitak.gov.tr/ansiklopedi/yabanci_para_islemleri
https://spk.gov.tr/data/61e34f9a1b41c61270320792/FOREX%20Kald%C4%B1ra%C3%A7l%C4%B1%20Al%C4%B1m%20Sat%C4%B1m%20Islemleri.pdf
Last updated: 02-06-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
