Deniz Yatırım Menkul Kıymetler A.Ş. combines Turkish securities and derivatives with overseas brokerage and DenizFX. The general investment account has no opening minimum in the FAQ, but the overseas product page specifies USD 10,000 and DenizFX specifies TRY 50,000. The September 2026 execution policy also distinguishes directly named Interactive Brokers accounts from the Saxo omnibus arrangement.[1][10][9][5]
Broker essentials01
Deniz Yatırım at a glance
| Measure | Value | Context |
|---|---|---|
| Entity | Deniz Yatırım Menkul Kıymetler A.Ş. | Source 6 |
| SPK certificate | G-030 (268), dated 15 January 2016; authorisation effective from 1 January 2016. | Source 6 |
| General account minimum | No opening minimum stated in the general FAQ. | Source 1 |
| Separate product minimums | Overseas account USD 10,000; DenizFX TRY 50,000. | Source 10Source 9 |
| Published execution policy | September 2026, revision 1.7. | Source 5 |
| Current register status | SPK lists the firm and its broad-authority certificate as active as checked on 27 October 2026. | Source 16 |
Accounts and eligibility
Sections ↑Account comparison02
Domestic account access
| Item | Terms |
|---|---|
| Opening | MobilDeniz or DenizBank Internet Banking can open the investment account without a branch visit.Source 1Source 5 |
| General minimum | The FAQ says no minimum is required to open the general investment account.Source 1Source 5 |
| Bank relationship | DenizBank provides order-transmission channels; the securities intermediary is Deniz Yatırım.Source 1Source 5 |
Account comparison03
Overseas account application
| Item | Terms |
|---|---|
| Where to apply | A Deniz Yatırım office or DenizBank branch.Source 10Source 5 |
| Published minimum | USD 10,000 on the overseas product page.Source 10Source 5 |
| Activation | Login details follow account opening; trading begins after the funding step.Source 10Source 5 |
| Account structure | The signed intermediary arrangement determines whether the foreign account is directly named or omnibus.Source 10Source 5 |
Account comparison04
DenizFX onboarding
| Item | Terms |
|---|---|
| Application | Complete the leveraged-trading contract through Deniz Yatırım or a DenizBank branch.Source 9 |
| Initial amount | TRY 50,000 on the DenizFX product page.Source 9 |
| Separate brokerage account | An existing DenizBank account does not replace the required Deniz Yatırım FX account.Source 9 |
| Credentials | The broker sends account and transfer details by email and provides MT5 onboarding assistance.Source 9 |
Products and markets
Sections ↑Specifications05
Domestic products
| Item | Terms |
|---|---|
| Cash securities | Borsa İstanbul equities and associated securities services.Source 7Source 8Source 5 |
| VİOP | Exchange-traded futures and options with contract-specific collateral.Source 7Source 8Source 5 |
| Funds and fixed income | The bank/broker activity allocation differs by instrument; DenizBank may be the executing or dealing entity.Source 7Source 8Source 5 |
| OTC instruments | Counterparty and collateral responsibility depend on the product and the entity executing it.Source 7Source 8Source 5 |
Specifications06
Overseas market coverage
| Item | Terms |
|---|---|
| Listed instruments | Foreign shares, futures, options, bonds and other covered securities.Source 10 |
| D-Trade | The overseas platform covers multiple international markets and has a demo version.Source 10 |
| Industrial metals | The firm provides LME hedging services, including futures and options.Source 10 |
| Precious metals | The overseas FAQ separately describes London bullion-market access.Source 10 |
Specifications07
FX and CFD exposure
| Item | Terms |
|---|---|
| Currencies | Leveraged currency pairs rather than an ordinary foreign-currency savings balance.Source 9 |
| Commodities | The product page lists gold and silver.Source 9 |
| CFDs | The page lists index and oil exposures.Source 9 |
| Platform | DenizFX uses MetaTrader 5 for desktop and supported mobile devices.Source 9 |
Commissions and other costs
Sections ↑The current legal index and framework agreement still link an expense appendix bearing the printed code “DY3 12/23 S-131 1.6”. It is a published contractual schedule, not a newly dated 2026 price guarantee. The agreement says 5% BSMV is added and third-party tariffs can change automatically. The figures below therefore identify the posted schedule and its charge bases; an accepted account tariff may differ.[3][2][4]
Pricing & charges08
Published dealing commissions
| Instrument | Posted DY3 12/23 schedule, before BSMV |
|---|---|
| Domestic equities | 0.50% of transaction value.Source 2 |
| VİOP futures | 0.10% of transaction value.Source 2 |
| VİOP options | 0.50%; the schedule describes the base as transaction volume.Source 2 |
| Foreign equities | 0.30% of transaction volume in a row labelled trading plus custody.Source 2 |
| Outright domestic bonds | Maximum 0.02% of transaction value.Source 2 |
| Takasbank money-market transactions | 0.01% of transaction value.Source 2 |
Pricing & charges09
Account and reporting charges
| Item | Terms |
|---|---|
| Account maintenance | TRY 200 per account annually.Source 2 |
| Statement dispatch | TRY 50 per page, collected monthly under the schedule.Source 2 |
| Prior-year statement request | TRY 100 per dispatch; requests above 50 pages may incur an additional charge.Source 2 |
| Takasbank account maintenance | 1.5 times the relevant Takasbank tariff, annually for each open account.Source 2 |
Pricing & charges10
MKK charges and custody bases
| Item | Terms |
|---|---|
| Account opening and registry messages | 1.5 times the applicable MKK tariff.Source 2 |
| Listed securities custody | 1.5 times the MKK tariff, based on market value and collected monthly.Source 2 |
| Unlisted securities custody | 1.5 times the MKK tariff on the lower of nominal and market value.Source 2 |
| Transfers and corporate actions | Separate MKK-linked charges apply by electronic transaction or the relevant corporate-action base.Source 2 |
Pricing & charges11
Funding and foreign-market extras
| Item | Terms |
|---|---|
| FX collateral custody | The schedule refers to 1.5 times the Takasbank tariff and annual-rate accrual, collected monthly.Source 2Source 4Source 10 |
| Foreign-currency transfer entries | The posted schedule lists USD 6 out / USD 7 in, and EUR 3 out / EUR 4 in, per instruction.Source 2Source 4Source 10 |
| Foreign exchange and clearing charges | Venue and clearing charges are additional and can change; the old appendix’s venue figures are not treated as current 2026 rates.Source 2Source 4Source 10 |
| D-Trade software | No separate platform-use charge is stated; real-time exchange data can be charged.Source 2Source 4Source 10 |
Pricing & charges12
Financing and default costs
| Item | Terms |
|---|---|
| Equity credit | The schedule ties the borrowing rate to market conditions; it does not establish a fixed current annual rate.Source 2 |
| Debit-balance default | The posted formula is three times the bank’s highest credit interest rate.Source 2 |
| Settlement default | Different exchange-based interest multiples apply depending on when the obligation is met.Source 2 |
| Borrowed shares | Borrowing remuneration, intermediary commission and Takasbank charges are distinct items.Source 2 |
Pricing & charges13
Illustrative posted-schedule calculations
| Item | Terms |
|---|---|
| TRY 10,000 equity order | TRY 50 commission + TRY 2.50 BSMV = TRY 52.50, before exchange, clearing and custody charges.Source 2Source 4 |
| TRY 100,000 VİOP futures turnover | TRY 100 commission + TRY 5 BSMV = TRY 105, before exchange and clearing charges.Source 2Source 4 |
| Annual maintenance | TRY 200 + TRY 10 BSMV = TRY 210 if the posted schedule applies.Source 2Source 4 |
Trading and order handling
Sections ↑Process14
Order acceptance and validity
| Item | Terms |
|---|---|
| Channels | Written, telephone and electronic instructions are accepted through the applicable service.Source 5 |
| Incomplete instructions | The broker can defer an ambiguous instruction until the details are clarified.Source 5 |
| Validity | The customer chooses among validity types allowed by the relevant exchange; an unexecuted order expires at the selected deadline.Source 5 |
| Market restrictions | Gross settlement, pre-funding and internet-dealing restrictions override ordinary access.Source 5 |
Process15
Execution responsibility
| Item | Terms |
|---|---|
| DenizBank channels | The bank transmits covered share and derivative orders to Deniz Yatırım.Source 5 |
| Exchange execution | Orders may be routed to the relevant exchange or authorised foreign intermediary.Source 5 |
| Principal dealing | For applicable OTC transactions, Deniz Yatırım or DenizBank may be the counterparty.Source 5 |
| Specific instructions | A customer’s explicit venue instruction limits the broker’s discretion in achieving the best available result.Source 5 |
Process16
Margin liquidation: different arrangements
| Item | Terms |
|---|---|
| IBKR or Saxo listed leverage | The foreign intermediary can liquidate positions without a new customer instruction when maintenance requirements are breached.Source 5 |
| LME arrangements | The September 2026 policy describes a 100% maintenance requirement, email notification and managed action; it expressly says there is no automatic liquidation in that workflow.Source 5 |
| Domestic FX | The policy allows action where maintenance collateral is not restored to 75% before the specified pre-close deadline.Source 5 |
| Expired products | Contractual expiry, redemption or automatic closure can occur without a fresh customer instruction.Source 5 |
Process17
Corrections to executed trades
| Item | Terms |
|---|---|
| Exchange or foreign-intermediary cancellation | The broker reconciles its records to the venue’s correction and informs affected clients.Source 5 |
| FX exceptions | The policy lists client-beneficial correction, remediation of a platform fault and changes to the broker’s offsetting hedge as limited grounds for amendment.Source 5 |
| Order status | Electronic users can monitor executions, partial fills, cancellations and price/quantity changes through the platform.Source 5 |
Funding, withdrawals and transfers
Sections ↑Process18
Domestic cash and securities
| Item | Terms |
|---|---|
| Funding channel | MobilDeniz supports transfers into the investment account.Source 11Source 7Source 4 |
| Share settlement | The domestic share page describes T+2 business-day settlement.Source 11Source 7Source 4 |
| Outstanding obligations | Cash or securities supporting unsettled purchases may be blocked under the framework agreement.Source 11Source 7Source 4 |
| Release | Assets become returnable after settlement, debt and other contractual obligations have been satisfied.Source 11Source 7Source 4 |
Process19
DenizFX withdrawals
| Item | Terms |
|---|---|
| Written instruction | The FX page requires a withdrawal instruction; branch staff and the FX desk assist.Source 9Source 5 |
| Alternative route | The page also describes contacting the adviser and using the MT5 mail facility for the withdrawal request.Source 9Source 5 |
| Cash entitlement | The September 2026 execution policy says crystallised OTC cash receivables are paid in full within three business days of a request.Source 9Source 5 |
| Collateral | Open positions and margin requirements affect the amount that is free to withdraw.Source 9Source 5 |
Process20
Foreign holdings and transfer structure
| Item | Terms |
|---|---|
| IBKR model | Customers sign separate agreements with Deniz Yatırım and Interactive Brokers and hold accounts in their own names at both.Source 5 |
| Saxo model | Customers contract with Deniz Yatırım; the Saxo relationship uses an omnibus account with internal client subaccounts.Source 5 |
| Cash and securities movement | The relevant foreign agreement, settlement status and intermediary determine how assets can be moved; the two models should not be treated as interchangeable.Source 5 |
Process21
Closing the contractual relationship
| Item | Terms |
|---|---|
| Ordinary notice | The linked framework agreement provides two months’ written notice by either party.Source 4 |
| Customer notice | The agreement requires separate written notice to both the bank and the broker.Source 4 |
| Remaining liabilities | Termination does not release unpaid obligations; assets may remain subject to settlement, set-off or lien until debts are cleared.Source 4 |
Regulation, custody and protection
Sections ↑Protections & eligibility22
Legal permission and holding arrangements
| Item | Terms |
|---|---|
| Certificate | SPK G-030 (268), dated 15 January 2016, names Deniz Yatırım Menkul Kıymetler A.Ş.Source 6Source 4Source 5 |
| Authorised activities | The certificate lists order transmission, execution, dealing, individual portfolio management, investment advice, underwriting and limited custody.Source 6Source 4Source 5 |
| Custody records | The framework agreement describes MKK/Takasbank or other designated custody arrangements, including pledged assets.Source 6Source 4Source 5 |
| Foreign accounts | The September 2026 policy explicitly distinguishes directly disclosed IBKR accounts from the Saxo omnibus structure.Source 6Source 4Source 5 |
Protections & eligibility23
Investor compensation: scope and limit
| Item | Terms |
|---|---|
| 2026 maximum | TRY 2,065,145 for an eligible investor at the failed investment institution.Source 13Source 14 |
| Aggregation | Accounts, currencies and investment products at the same institution share the limit; it is not a separate allowance for every account.Source 13Source 14 |
| Trigger | An SPK compensation decision following failure to meet eligible money-payment or securities-delivery obligations.Source 13Source 14 |
| Excluded loss | Market-price losses and losses arising from investment advice are outside this protection.Source 13Source 14 |
Protections & eligibility24
Foreign assets and claim conditions
| Item | Terms |
|---|---|
| Foreign-issued securities | Coverage requires the relevant central custody or collateral arrangements at MKK or Takasbank. An overseas product is not automatically covered simply because the intermediary is Turkish.Source 15Source 5 |
| OTC derivatives | Coverage is conditional on the institution having paid the relevant YTM contributions.Source 15Source 5 |
| Claim route | Apply to YTM with evidence of entitlement following the published compensation notice; the regulation sets a one-year limitation from that notice.Source 15Source 5 |
| Separate safeguards | Custody records and statutory compensation do not insure trading returns or replace product-specific collateral obligations.Source 15Source 5 |
Support and service continuity
Sections ↑Process25
Published contacts and hours
| Item | Terms |
|---|---|
| Main number | +90 212 906 10 00.Source 1Source 9Source 10Source 11 |
| FX desk | +90 212 348 51 94; [email protected].Source 1Source 9Source 10Source 11 |
| Overseas desk | +90 212 348 90 65.Source 1Source 9Source 10Source 11 |
| Investment dealing centre | Weekdays 09:30–18:10 on the published Turkish timetable.Source 1Source 9Source 10Source 11 |
| LME dealing | The overseas FAQ describes adviser-assisted dealing from 09:00 to 20:00.Source 1Source 9Source 10Source 11 |
Process26
Electronic outage response
| Item | Terms |
|---|---|
| Alternative instruction | The September 2026 policy permits an instruction through another functioning system or in writing if a telephone/electronic channel fails.Source 5Source 12 |
| Status reconciliation | The firm’s procedure requires it to identify affected customers, communicate the problem and reconcile affected orders.Source 5Source 12 |
| Venue connectivity | A backup client channel does not make an unavailable exchange connection operational; VİOP access still depends on the exchange link.Source 5Source 12 |
| Practical record | Retain the order details and confirmations for the desk’s reconciliation; do not equate a missing screen update with a confirmed cancellation.Source 5Source 12 |
Process27
Statements and authentication
| Item | Terms |
|---|---|
| Monthly statements | The framework agreement provides dispatch within seven business days after the reporting month, with electronic delivery according to the customer’s preference.Source 4Source 5Source 12 |
| Account detail | The execution policy covers asset movements, realised/unrealised results, fees, taxes and collateral in account records.Source 4Source 5Source 12 |
| Login controls | The technology disclosure describes DenizBank-based username/password/OTP and separate brokerage credentials for applicable channels.Source 4Source 5Source 12 |
| Customer responsibility | Keep credentials private and use supported, maintained devices; the old disclosure’s operating-system examples are not current compatibility guarantees.Source 4Source 5Source 12 |
Research and additional services
Sections ↑Availability28
Available trading interfaces
| Item | Terms |
|---|---|
| Domestic mobile | MobilDeniz and DenizTrader Pro cover the advertised domestic securities functions.Source 11Source 10Source 9 |
| Data terminals | Matriks, İdeal and ForInvest can transmit orders for the linked brokerage account.Source 11Source 10Source 9 |
| Overseas | D-Trade has desktop/web and mobile access described by the broker.Source 11Source 10Source 9 |
| FX | DenizFX uses MT5; this is separate from the domestic and overseas securities interfaces.Source 11Source 10Source 9 |
Availability29
Research, advice and automation
| Item | Terms |
|---|---|
| General research | The website provides market research and bulletins; general commentary is distinct from individual investment advice.Source 1Source 5Source 12 |
| Personal advice | The execution policy requires information about experience, financial circumstances and objectives before recommending suitable services.Source 1Source 5Source 12 |
| Insufficient suitability information | The policy says the broker will not provide the affected recommendation or portfolio-management service if the required information is missing.Source 1Source 5Source 12 |
| Algorithmic services | The site lists algorithmic trading, but the infrastructure disclosure’s FIX system should not be read as an unrestricted public retail API.Source 1Source 5Source 12 |
Company and legal identity
Sections ↑Regional comparison30
Entity and service boundaries
| Item | Terms |
|---|---|
| Broker | Deniz Yatırım Menkul Kıymetler A.Ş.Source 6Source 5Source 11Source 10Source 9 |
| Bank interface | DenizBank A.Ş. acts in the documented transmission/execution/dealing roles by product.Source 6Source 5Source 11Source 10Source 9 |
| International counterparties | The September 2026 policy names Interactive Brokers LLC, Saxo Bank A/S, Triland Metals Limited and StoneX Financial Limited for their respective services.Source 6Source 5Source 11Source 10Source 9 |
| Service names | DenizTrader Pro, D-Trade and DenizFX are channel/product names; their agreements determine the responsible legal party.Source 6Source 5Source 11Source 10Source 9 |
- Headquarters
- Türkiye
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Deniz Yatırım Menkul Kıymetler A.Ş.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Markets Board of Türkiye (SPK)30 | Authorised | Checked 27 Oct 2026Broad-authority intermediary; precise investment activity permissions are in the current SPK entity list. Product availability remains subject to the relevant account agreement.Source 16Source 17 |
Practical account considerations
Sections ↑Scenarios31
Account decisions that materially change the terms
| Item | Terms |
|---|---|
| Domestic cash investor | Use the accepted commission schedule and add custody, clearing and tax; the general zero opening minimum does not mean zero holding cost.Source 2Source 4Source 5Source 1Source 10Source 9 |
| Overseas investor | Confirm whether the account uses IBKR or Saxo before relying on custody, transfer or liquidation expectations.Source 2Source 4Source 5Source 1Source 10Source 9 |
| FX or metals hedger | Use the specific collateral and dealing arrangements; the LME and FX liquidation processes differ.Source 2Source 4Source 5Source 1Source 10Source 9 |
Sources & further reading
- Account-opening and service FAQs Deniz Yatırım · Accessed 27 Oct 2026
- Expense and commission appendix — printed document code DY3 12/23 S-131 1.6 Deniz Yatırım · Accessed 29 Oct 2026
- Current legal-document index Deniz Yatırım · Accessed 27 Oct 2026
- Investment services framework agreement and fee appendices — DY3 12/23 Deniz Yatırım · Accessed 27 Oct 2026
- Order execution policy — September 2026, GEN-P.120-1.7 Deniz Yatırım · Accessed 29 Oct 2026
- SPK broad-authority certificate G-030 (268) Deniz Yatırım · Accessed 27 Oct 2026
- Domestic share dealing and settlement Deniz Yatırım · Accessed 27 Oct 2026
- VİOP products and collateral Deniz Yatırım · Accessed 27 Oct 2026
- DenizFX account, MT5 and funding information Deniz Yatırım · Accessed 27 Oct 2026
- Overseas markets, D-Trade and LME FAQ Deniz Yatırım · Accessed 27 Oct 2026
- Trading channels and service hours Deniz Yatırım · Accessed 27 Oct 2026
- Platform infrastructure, security and continuity disclosure Deniz Yatırım · Accessed 27 Oct 2026
- YTM — investor compensation limits for 2026 Yatırımcı Tazmin Merkezi · Accessed 29 Oct 2026
- YTM — claims eligible for investor compensation Yatırımcı Tazmin Merkezi · Accessed 27 Oct 2026
- Investor compensation and gradual liquidation regulation — consolidated text Yatırımcı Tazmin Merkezi · Accessed 27 Oct 2026
- SPK official current intermediary authorisation register Capital Markets Board of Türkiye · Accessed 27 Oct 2026
- SPK current activity permissions for Deniz Yatırım Capital Markets Board of Türkiye · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.