Garanti BBVA Securities (Garanti Yatırım Menkul Kıymetler A.Ş.) provides Turkish listed-equity dealing, Borsa Istanbul futures/options, international investment and a separate authorised leveraged-forex offering. It publishes a very detailed two-route stock commission methodology, research/data packages and per-exchange foreign brokerage schedule. Crucially, the site itself labels the stock-rate schedule as effective 8 June 2024; those figures are historical reference points, not independently verified October 2026 live rates. The current service description and formal activity table should not be collapsed into generic global CFD protections.[1][2]
Accounts and eligibility
Sections ↑Account comparison01
Account/product service pathways
| Item | Terms and scope |
|---|---|
| Borsa Istanbul share dealing | Direct domestic stock-exchange accountSource 2Source 3 |
| BIST VIOP derivatives | Futures and options service on exchange with marginSource 2Source 3 |
| Overseas equity brokerage | Separate supported exchange and I-Trader routeSource 3Source 1 |
| Forex account | Separate locally authorised leveraged trading serviceSource 2Source 3 |
| Institutional business | Underwriting, advisory and portfolio brokerage activity in authorisation tableSource 2 |
Account comparison02
Trading channel identity by instrument
| Item | Terms and scope |
|---|---|
| Garanti BBVA eTrader | Domestic BIST equity and VIOP trading softwareSource 3Source 1 |
| Garanti BBVA FX Trader | Specifically marketed leveraged forex venueSource 3Source 2 |
| Garanti BBVA I-Trader | International markets terminalSource 3Source 1 |
| Garanti BBVA internet banking | Fixed stock commission channel listed in tariffSource 1 |
| Investor Support Center | Human-assisted order/support channel among stated modesSource 3Source 1 |
Account comparison03
Live FX admission requirements
| Item | Terms and scope |
|---|---|
| Existing account | A domestic stock account at Garanti BBVA Yatırım must already be openSource 6 |
| Suitability | Risk rating must be appropriate for FXSource 6 |
| Demo experience | At least six business days and 50 tradesSource 6 |
| Initial margin | TRY 50,000 equivalent in USDSource 6 |
| Contract process | Contact 4440630 before visiting a branch so the relevant FX documents can be sentSource 6 |
Products and market access
Sections ↑At a glance04
Securities and exchange product catalogue
| Item | Terms and scope |
|---|---|
| Turkish cash equities | BIST listed shares, directly held after settlementSource 2Source 3 |
| Turkish equity index derivatives | VIOP futures/options based on stock/index referencesSource 2 |
| Other derivatives | Official authorisation states additional domestic and overseas derivatives dealingSource 2 |
| International shares | USA, EU and Asia venues described on foreign fee tableSource 1 |
| Warrants | Product menu explicitly includes exchange securities warrantsSource 3 |
At a glance05
Specifically authorised leveraged forex
| Item | Terms and scope |
|---|---|
| Leveraged trading | Activity table states Turkey leveraged FX portfolio brokerage licensedSource 2 |
| Currency pairs | FX Trader offers leveraged foreign exchange contractsSource 3Source 4 |
| Index/commodity CFDs | FX section describes CFDs as distinct contractsSource 3Source 4 |
| Demo account | Separate FX demo account-opening pathSource 3 |
Specifications06
I-Trader and FX Trader are different routes
| Item | Terms and scope |
|---|---|
| I-Trader | International stocks, ETFs, ETNs and futuresSource 3 |
| FX Trader | Leveraged forex, commodity and index contracts; the channel page advertises leverage up to 10 timesSource 3 |
| eTrader | Domestic equities and VIOP with market data and analysisSource 3 |
Costs and charges
Sections ↑Pricing & charges07
Historical BIST stock commission models — 8 June 2024 schedule
| Item | Terms and scope |
|---|---|
| Fixed model | 0.195% in Garanti BBVA Internet Banking according to dated documentSource 1 |
| Volume 0–500,000 TL | 1.99 per thousand = 0.199% by trailing 3-month averageSource 1 |
| Volume 500,001–1 million TL | 1.95 per thousand = 0.195%Source 1 |
| Volume 1 million–2.5 million TL | 1.9 per thousand = 0.19%Source 1 |
| Volume 2.5 million–5 million TL | 1.8 per thousand = 0.18%Source 1 |
| Volume 5 million–7.5 million TL | 1.7 per thousand = 0.17%Source 1 |
Pricing & charges08
Further volume tiers in dated published schedule
| Item | Terms and scope |
|---|---|
| 7.5 million–10 million TL | 1.6 per thousand = 0.16%Source 1 |
| 10 million–12.5 million TL | 1.5 per thousand = 0.15%Source 1 |
| 12.5 million–17.5 million TL | 1.4 per thousand = 0.14%Source 1 |
| 17.5 million–25 million TL | 1.2 per thousand = 0.12%Source 1 |
| Above 25 million TL | 0.9 per thousand = 0.09%Source 1 |
Pricing & charges09
Other domestic charges displayed historically
| Item | Terms and scope |
|---|---|
| BITT levy | 5% tax added to broker commissionSource 1 |
| Old stock trade minimum | TL 1 per executed purchase/sale transaction described in 2024 noteSource 1 |
| Equity account maintenance | Old schedule TL 250 every six months, TL 500 yearlySource 1 |
| Fee waiver | Based on prior 12 months trading activity and discretionSource 1 |
| Broker contract maximum | Old page mentions potential maximum 0.32%Source 1 |
Pricing & charges10
Dated international securities commission examples
| Item | Terms and scope |
|---|---|
| USA | 0.3% as old tariff; USD 0 stated minimumSource 1 |
| Hong Kong | 0.3% with USD 25 minimum (historical table)Source 1 |
| Australia | 0.3% with USD 20 minimum (historical)Source 1 |
| Germany | 0.3% with EUR 4 minimum in 2024 tableSource 1 |
| Other selected Europe | 0.3% with applicable EUR 4 or other market minimumSource 1 |
| Other European markets | 0.3% with USD 15 minimum in historical categorySource 1 |
Pricing & charges11
Data subscription and credit items from dated schedule
| Item | Terms and scope |
|---|---|
| Mixed Level 1 quotes | Old eTrader package shows no monthly tariffSource 1 |
| Equity Level 1+ | Old monthly tariff TL 600Source 1 |
| Equity Level 2 | Old TL 980Source 1 |
| Equity Level 2+ | Old TL 1,300Source 1 |
| Broker ID real-time | Old TL 540Source 1 |
| Margin-loan interest | Historical tariff publishes monthly base and max ratesSource 1 |
Pricing & charges12
Domestic commission-model conditions
| Item | Terms and scope |
|---|---|
| Default fixed model | Turkish page states 0.195% assigned across channels at equity-account openingSource 5 |
| Volume model | Trailing three-month average; excludes securities branchesSource 5 |
| Special negotiated rate | Published maximum validity one year, then the fixed institutional rate resumesSource 5 |
| Minimum | TRY 1 on each executed buy/sell transaction under the published noteSource 5 |
Pricing & charges13
International custody, conversion and tax scope
| Item | Terms and scope |
|---|---|
| Custody | Posted annual 0.06% rateSource 5 |
| Currency conversion | Posted 0.50% chargeSource 5 |
| Overseas stock commission | The Turkish overseas table says BSMV is included, unlike the domestic fee tableSource 5 |
| External levies | The page contains dated foreign statutory figures; those are not certified as current exchange/tax ratesSource 5 |
The date attached to the equity commission schedule matters: the page still specifies 8 June 2024. The Turkish page clarifies that overseas commission figures include BSMV while domestic commission rates exclude it. It also lists 0.06% annual foreign custody and 0.50% conversion charges, which can outweigh a low trade fee for a portfolio held over time.[1][5]
Platforms, orders and execution
Sections ↑At a glance14
Domestic share commission channel and order handling
| Item | Terms and scope |
|---|---|
| Fixed internet model | Percentage old 0.195%, chosen under tariffSource 1 |
| Rolling-volume model | Last three months' average trading volume determines tierSource 1 |
| Bank/mobile switch | Tariff describes model selection from mobile, web or contact centreSource 1 |
| Branch distinction | Dated volume model excludes securities branchesSource 1 |
| Order cancellation | BIST may charge reduction/cancellation-related exchange feesSource 1 |
At a glance15
Forex and derivative trading differences
| Item | Terms and scope |
|---|---|
| FX Trader | Separate system with leveraged contracts and its own order logicSource 3Source 2 |
| VIOP margin | Futures/options settle variation/collateral as specified by exchangeSource 2 |
| International I-Trader | Cross-border market hours and routeSource 3 |
| Demo | FX demo permits practice without live market settlementSource 3 |
At a glance16
FX price-tolerance controls
| Item | Terms and scope |
|---|---|
| Market instruction | Best available current platform priceSource 7 |
| No-slippage priced instruction | Fills at the selected price or is rejected if price changesSource 7 |
| Permitted pip tolerance | Fills only inside the chosen tolerance; otherwise cancelsSource 7 |
| Limit / stop validity | Specified end date or until cancelled, as offered on the order pageSource 7 |
At a glance17
Profit and loss protection orders
Funding, settlement and transfers
Sections ↑At a glance18
Cash, collateral and foreign currency use
| Item | Terms and scope |
|---|---|
| Domestic share account | TL cash and securities settlement through Turkish market structureSource 3Source 2 |
| FX derivatives account | Margin posted and adjusted based on levered positionsSource 2Source 4 |
| International share account | Foreign currencies/exchanges used under separate dealing systemSource 3Source 1 |
| Trading volume | Deposited funds are not the trailing 3-month executed-share-volume measureSource 1 |
At a glance19
Credit and transfer
Regulation and client assets
Sections ↑Entities & regulation20
Firm-published activity and permission table
| Item | Terms and scope |
|---|---|
| Turkish securities | Authorization table marks stocks brokerage licensed in TurkeySource 2 |
| Overseas stocks | Same table marks foreign securities brokerage licensedSource 2 |
| Leveraged trading | Document marks leveraged trading under Turkish portfolio brokerageSource 2 |
| Investment consulting | Separately listed as licensedSource 2 |
| Limited custody | Listed limited custody permissionSource 2 |
| Underwriting | Best-efforts and underwriting activities citedSource 2 |
Entities & regulation21
Protection claims by product
| Item | Terms and scope |
|---|---|
| Cash equity | Exchange-linked share holding and custodySource 3 |
| FX leveraged account | CFD/FX mark-to-market and margin lossesSource 4Source 2 |
| Turkish client | SPK scope and contractual client category matterSource 2 |
| Foreign holdings | Overseas custody and exchange law may be relevantSource 2 |
Entities & regulation22
Domestic custody charges and title records
| Item | Terms and scope |
|---|---|
| MKK book entry | The fee page says relevant client products are held in book-entry form at MKKSource 5 |
| Pass-through charges | MKK fees are collected monthly via the intermediarySource 5 |
| Tax on MKK charges | The page states 5% BSMVSource 5 |
| Scope | This does not establish the custody arrangement for every overseas instrumentSource 5 |
Support and account records
Sections ↑At a glance23
Sources of official transaction help
| Item | Terms and scope |
|---|---|
| Client support number | +90 444 0 630 shown on Garanti investor pageSource 2 |
| Contact form | Official contact forms and FAQ linked through issuer websiteSource 2 |
| Branch contact | Separate branches support market routesSource 2Source 1 |
| Dated rate sheet | Explicit 8 June 2024 schedule remains publicly availableSource 1 |
| Trade documents | Account-level securities/futures/FX statements required by productSource 2 |
At a glance24
Published assisted-dealing hours
At a glance25
Complaint intake
| Item | Terms and scope |
|---|---|
| Customer Satisfaction Center | Requests and complaints are recorded and filedSource 8 |
| Investigation | The centre starts the relevant investigation processSource 8 |
| Execution help | Investor Support Center accepts supported equity, VIOP and FX instructions during its stated hoursSource 8 |
Research and additional services
Sections ↑At a glance26
Trading data and institution-facing services
| Item | Terms and scope |
|---|---|
| Trading research | Corporate research reports linked from issuer siteSource 3 |
| Order-book feeds | Multiple historic subscription tiers for depth/dataSource 1 |
| Corporate finance | Separate institutional advisory and issuance serviceSource 2 |
| FX charts | Dedicated FX trader platform for margined marketSource 3 |
| International markets | I-Trader provides investment interface for overseas securitiesSource 3 |
Company and legal entities
Sections ↑At a glance27
Named firm and service roles
| Item | Terms and scope |
|---|---|
| Turkish firm | Garanti Yatırım Menkul Kıymetler A.Ş.Source 2 |
| Trade name | Garanti BBVA Securities / Garanti BBVA YatırımSource 2 |
| Licensed business lines | Stocks, VIOP, overseas, leveraged trading, advisory, limited custodySource 2 |
| Platform brands | eTrader, I-Trader and FX TraderSource 3 |
- Headquarters
- Turkey
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Garanti Yatırım Menkul Kıymetler A.Ş.
TurkeySource 2
No separate licence entry is recorded in this panel.
Important account distinctions
Sections ↑At a glance28
What a 2024 example can and cannot show
| Item | Terms and scope |
|---|---|
| TL 10,000 share buy | 0.195% yields TL 19.50 commission, 5% BITT ≈ TL 0.98Source 1 |
| TL 10,000 round trip | ≈ TL 19.50 each side, ≈ TL 39.00 before two BITT leviesSource 1 |
| High-volume customer | The dated 0.09% tier applied above TRY 25 million in trailing three-month average trading volumeSource 1 |
| Passive share holder | Historical half-year account charge may apply absent waiverSource 1 |
| Leveraged forex client | Different FX margin and CFD execution economicsSource 2Source 3 |
Sources & further reading
- Garanti BBVA Securities fees and commissions with 2024 effective date Garanti BBVA Securities · Accessed 27 Oct 2026
- Garanti BBVA Securities certificate-of-authorization activity table Garanti BBVA Securities · Accessed 27 Oct 2026
- Garanti BBVA Securities investment, global and FX trading interfaces Garanti BBVA Securities · Accessed 27 Oct 2026
- Garanti BBVA forex product and leverage information Garanti BBVA Securities · Accessed 27 Oct 2026
- Turkish-language fee page, channel rules and overseas add-ons Garanti BBVA Yatırım · Accessed 27 Oct 2026
- Garanti live FX account opening requirements Garanti BBVA Yatırım · Accessed 27 Oct 2026
- Garanti FX order types and slippage controls Garanti BBVA Yatırım · Accessed 27 Oct 2026
- Garanti Investor Support Center dealing hours and complaints Garanti BBVA Yatırım · 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.