QNB Invest is the trading brand of QNB Yatırım Menkul Değerler A.Ş. It provides Turkish securities, overseas investing, VİOP and leveraged FX. Its legal-disclosure page links an April 2026 tariff listing TRY 600 annual account maintenance and transfer charges, while the homepage and FAQ describe fee-free account or transfer services. Those public statements need to be reconciled against the tariff and any waiver agreed for the individual account.[1][11][4][2]
Broker essentials01
QNB Invest at a glance
| Measure | Value | Context |
|---|---|---|
| Legal entity | QNB Yatırım Menkul Değerler A.Ş. | Source 1 |
| Domestic share tariff | 0.50% of trade value before tax and additional charges. | Source 11Source 5 |
| Account-fee conflict | Contractual schedule: TRY 600 annually; homepage advertises no account fee. Confirm the applicable waiver. | Source 11Source 2 |
| FX opening requirement | TRY 50,000 or equivalent; at least 50 demo trades over six business days. | Source 8 |
| FX platform and limits | MetaTrader 5; maximum 10:1 leverage, 75% margin call and 30% stop-out under published terms. | Source 7Source 8Source 9 |
| Current register status | SPK lists the firm and its broad-authority certificate as active as checked on 27 October 2026. | Source 19 |
Accounts and eligibility
Sections ↑Account comparison02
Who can open an account
| Item | Terms |
|---|---|
| Adults | Individuals aged at least 18, subject to identity checks and agreements.Source 3Source 12 |
| Minors | The opening page permits accounts through a legal representative.Source 3Source 12 |
| Domestic and foreign applicants | Eligibility remains subject to applicable law, verification and product requirements.Source 3Source 12 |
| Assessment | Appropriateness and, for relevant advisory services, suitability assessments determine access.Source 3Source 12 |
Account comparison03
Opening routes
| Item | Terms |
|---|---|
| Existing QNB Bank customer | Use the bank’s investment/share-dealing menu to match the bank and investment accounts.Source 3Source 4 |
| Other applicants | Submit the investment application or complete documents at QNB Bank or QNB Invest branches.Source 3Source 4 |
| Timing | Complete digital applications can be processed the same day; complete wet-signature applications are described as processed by the next business day.Source 3Source 4 |
| Opening costs | QNB says it generally does not charge an opening fee, but MKK opening and registration costs are passed through.Source 3Source 4 |
Account comparison04
FX and Akıllı Robo prerequisites
| Item | Terms |
|---|---|
| Forex | Sign the separate leveraged-trading agreement and meet the TRY 50,000-equivalent threshold.Source 8Source 14Source 15 |
| Demo activity | At least six business days and 50 trades before a live FX account.Source 8Source 14Source 15 |
| Akıllı Robo advisory | Requires an advisory agreement and appropriateness/suitability results of at least medium risk, level 3.Source 8Source 14Source 15 |
| Overseas Robo campaign | Minimum portfolio participation USD 40,000 or EUR 40,000; this is distinct from the general account-opening requirement.Source 8Source 14Source 15 |
Products and markets
Sections ↑Specifications05
Securities and fund access
| Item | Terms |
|---|---|
| Turkish equities | Borsa İstanbul shares, IPO applications and warrants.Source 3Source 5Source 1 |
| Funds | Mutual funds, TEFAS products and exchange-traded funds.Source 3Source 5Source 1 |
| Debt | Government and corporate debt, Eurobonds and structured debt products.Source 3Source 5Source 1 |
| Overseas markets | International shares and ETFs; service menus include US, European and Hong Kong venues.Source 3Source 5Source 1 |
Specifications06
Derivative products and settlement
| Item | Terms |
|---|---|
| VİOP | Exchange-traded futures and options on eligible shares, indices, currencies, metals and other underlyings.Source 6Source 9Source 12 |
| Share futures | Open positions at expiry can require physical delivery under the specified contract.Source 6Source 9Source 12 |
| Forex and CFDs | OTC leveraged products; CFDs provide exposure without ownership of the underlying asset.Source 6Source 9Source 12 |
| Other OTC derivatives | Separate agreements and product-specific terms apply.Source 6Source 9Source 12 |
Commissions and other costs
Sections ↑The standalone tariff currently linked by the legal page is a three-page file named for 1 April 2026. Its amounts exclude BSMV, exchange and clearing charges and other applicable costs unless expressly stated. It replaces older amounts in the embedded 2025 agreement tariff for comparison purposes; the account’s agreed waivers and special rates still matter.[11][10][12]
Pricing & charges07
Domestic securities commissions
| Item | Terms |
|---|---|
| Shares | 0.50% of trade value.Source 11 |
| Warrants | 0.50% of trade value.Source 11 |
| ETFs | 0.10% of trade value.Source 11 |
| Mutual-fund execution | No execution commission in the schedule; fund-level expenses remain relevant.Source 11 |
| Bonds and bills | 0.13% of transaction value in the linked 2026 tariff.Source 11 |
Pricing & charges08
VİOP commissions and collateral
| Item | Terms |
|---|---|
| Futures | 0.10% of contract value.Source 11 |
| Options | 0.50% of contract value, minimum TRY 3.Source 11 |
| Collateral custody | 0.01% of collateral value; the row does not state an accrual period, so it should not be assumed daily or annual.Source 11 |
| Exchange and clearing | Charged separately at the relevant institution’s amount.Source 11 |
Pricing & charges09
Account and transfer charges: published conflict
| Item | Terms |
|---|---|
| Annual maintenance | Contractual tariff: TRY 600 per account for the year; homepage: no account fee.Source 11Source 2Source 4Source 12 |
| Postal delivery | TRY 300 in the standalone tariff, versus TRY 75 in the older embedded schedule.Source 11Source 2Source 4Source 12 |
| EFT/havale | Tariff: twice the relevant institution’s charge; FAQ: no fee for outgoing EFT/havale.Source 11Source 2Source 4Source 12 |
| What to establish | Obtain the applicable waiver or account-specific tariff in writing before treating maintenance or transfers as free.Source 11Source 2Source 4Source 12 |
Pricing & charges10
Custody, asset movements and exchange charges
| Item | Terms |
|---|---|
| Domestic custody and maintenance | The amount charged by the authorised custody institution.Source 11 |
| Domestic securities transfer | Relevant MKK, Takasbank, exchange and other authorised-institution charges.Source 11 |
| Eurobond or overseas share/ETF transfer | TRY 1,500 for each instruction.Source 11 |
| Share-order cancellation or worsening | Fees at BIST-prescribed rates for cancellation, quantity reduction or price worsening.Source 11 |
Pricing & charges11
Early access to share-sale proceeds
| Item | Terms |
|---|---|
| Normal settlement | Domestic share-sale cash is normally available on T+2.Source 11Source 5 |
| Early cash on T or T+1 | Tariff: 0.40% of the sale amount for each day of advance.Source 11Source 5 |
| One-day illustration | TRY 100,000 advanced for one charged day produces TRY 400 before applicable tax or other charges.Source 11Source 5 |
| Meaning | This is a paid cash-advance facility; it does not change the exchange settlement cycle.Source 11Source 5 |
Pricing & charges12
Financing and idle-cash terms
| Item | Terms |
|---|---|
| Credit-interest formula | Five times the highest of the five benchmark rates specified in the tariff.Source 11Source 4 |
| Default-interest formula | Eight times that specified reference rate; a current monetary quote requires the prevailing benchmarks.Source 11Source 4 |
| Repo pricing | The tariff refers to the interbank overnight repo rate less three percentage points.Source 11Source 4 |
| Repo or idle-cash minimum | TRY 25,000; the FAQ gives a TRY 250,000 repo upper limit and 09:45–16:00 request hours.Source 11Source 4 |
Pricing & charges13
Securities-lending charges
| Item | Terms |
|---|---|
| Exchange lending borrower | 0.05% of the loaned securities’ market value, plus Takasbank costs.Source 11 |
| Exchange lending lender | Tenor-dependent rates; the schedule’s decimal factor rises from 0.0000375 through six days to 0.0024 at 365 days.Source 11 |
| Internal lending borrower | No separately stated execution commission, but QNB applies spread pricing.Source 11 |
| Internal lending lender | Separate tenor factors apply and may be increased up to four times the listed levels; this charge is distinct from lending income.Source 11 |
Pricing & charges14
Akıllı Robo foreign-share campaign
| Item | Terms |
|---|---|
| Qualification | Existing or new clients joining the relevant Robo portfolio by 30 November 2026.Source 15 |
| Advertised trading period | 7 April 2025–31 December 2026.Source 15 |
| Rate and minimum | 0.10% of foreign-share transaction value; minimum USD 10 per trade.Source 15 |
| Participation amount | USD 40,000 or EUR 40,000.Source 15 |
| Restrictions | Employees and relatives are excluded; QNB reserves the stated rights to amend terms from 30 November 2026.Source 15 |
Pricing & charges15
FX costs beyond the commission label
| Item | Terms |
|---|---|
| Separate execution commission | The FAQ and tariff list leveraged trading as commission-free.Source 8Source 11Source 9 |
| Spread | A bid–ask spread and possible mark-up apply; target spreads can widen.Source 8Source 11Source 9 |
| Overnight financing | The risk form expressly provides for swaps, including multiple-day charges around weekends and holidays.Source 8Source 11Source 9 |
| Hedged positions | Holding equal long and short positions does not eliminate swaps or spread-driven stop-out risk.Source 8Source 11Source 9 |
Pricing & charges16
Monthly data licences: domestic / overseas residents
| Item | Terms |
|---|---|
| Combined Level 1 | TRY 75 / TRY 750.Source 4 |
| Equity or VİOP Level 1+ | TRY 1,200 / TRY 2,100 for each relevant licence.Source 4 |
| Equity or VİOP Level 2 | TRY 1,800 / TRY 3,750 for each relevant licence.Source 4 |
| Equity / VİOP end-of-day broker distribution | TRY 600 / TRY 900 and TRY 700 / TRY 1,000 respectively.Source 4 |
| Tax and dates | VAT included; domestic schedule from 2 January 2026, overseas-resident schedule from 1 May 2026.Source 4 |
Pricing & charges17
Data discounts and cancellation
| Item | Terms |
|---|---|
| Application threshold | Account portfolio at least TRY 1,000.Source 4 |
| 2026 campaign tests | Monthly share volume TRY 4 million, VİOP volume TRY 7 million, or average portfolio TRY 4 million under the campaign’s applicable criteria.Source 4 |
| Free licences | Qualifying equity Level 2 and/or VİOP Level 2 according to the selected service.Source 4 |
| Cancellation deadline | Last business day by 17:30, or 12:30 if a half-day; no refund of the charged month.Source 4 |
| No licence | Market data remains available with a 15-minute delay, while the portfolio-price display has a separately provided licence.Source 4 |
Trading and order handling
Sections ↑Process18
Platforms by product
| Item | Terms |
|---|---|
| Turkish securities | QNB Invest web and mobile, with Invest Plus, ProTrader and WebTrader listed among platforms.Source 5Source 7Source 8Source 13 |
| FX | MetaTrader 5 desktop, mobile and WebTrader.Source 5Source 7Source 8Source 13 |
| Overseas dealing | A separate overseas account and its enabled platform are required.Source 5Source 7Source 8Source 13 |
| Telephone | Customer representatives and the support line provide the published fallback order route.Source 5Source 7Source 8Source 13 |
Process19
Domestic order controls
| Item | Terms |
|---|---|
| Orders below TRY 1,000 | The share page restricts these to its market-price order method.Source 5Source 12 |
| Conditional and chain orders | Orders are released when the client-defined condition or parent-order trigger is met.Source 5Source 12 |
| Dated and scheduled instructions | The agreement defines time-limited, future-date and batch orders, subject to market and channel rules.Source 5Source 12 |
| Out-of-session orders | Sent for the next relevant exchange session; entry is not immediate execution.Source 5Source 12 |
Process20
Validity, amendments and telephone acceptance
| Item | Terms |
|---|---|
| Unspecified validity | During-session orders apply for that trading day; out-of-session orders for the following session.Source 12 |
| Longer-duration orders | Good-until-cancelled or dated instructions must be expressly entered and remain subject to venue limits.Source 12 |
| Quantity increase or price change | Can lose original time priority under the contract.Source 12 |
| Telephone acceptance | Provide name and account number; the representative must expressly confirm receipt.Source 12 |
Process21
FX margin call and stop-out
| Item | Terms |
|---|---|
| Leverage ceiling | 10:1, with product and account restrictions.Source 8Source 9 |
| Margin-call level | Equity below 75% of required margin.Source 8Source 9 |
| Stop-out level | At or below the stated 30% threshold, positions are closed starting with the largest loss until the level is restored.Source 8Source 9 |
| Calculation basis | Use equity divided by required margin. The risk form’s worked example inconsistently substitutes the starting account balance.Source 8Source 9 |
| Gap risk | Actual liquidation can occur below the threshold when prices move discontinuously.Source 8Source 9 |
Process22
FX execution and account classification
| Item | Terms |
|---|---|
| Broker role | QNB can act as counterparty under its principal-dealing authority and can hedge externally; the risk form expressly identifies this conflict.Source 9 |
| Price protection | Triggered stop, limit and profit-taking instructions can execute at a different available price under the stated OTC process.Source 9 |
| Retail loss boundary | The risk form says losses beyond deposited collateral are not collected from general clients.Source 9 |
| Professional exception | Professional or elective professional clients can owe excess losses under the stated agreement and written-consent conditions.Source 9 |
Funding, withdrawals and transfers
Sections ↑Process23
Domestic transfers
| Item | Terms |
|---|---|
| Request windows | 09:00–13:30 and 14:00–16:30; after 16:30, next-business-day value.Source 4 |
| Single-transfer limit | TRY 250,000; larger amounts can be divided into separate requests.Source 4 |
| Beneficiary | Only a bank account in the client’s own name.Source 4 |
| Allocation reference | Use the QNB Invest account number and name; FX and overseas securities have different designated accounts.Source 4 |
Process24
Cash tied up in funds and VİOP
| Item | Terms |
|---|---|
| Liquid-fund sale | Submit by 13:30 to request cash out by 16:00 under the FAQ; later fund sales are processed next day.Source 4 |
| VİOP deposit | 08:00–17:30.Source 4 |
| VİOP withdrawal | 08:00–15:40.Source 4 |
| Collateral movement fee | The FAQ describes VİOP deposit/withdrawal instructions as free; no forward-dated requests.Source 4 |
Process25
FX funding and profits
| Item | Terms |
|---|---|
| Deposit availability | Five days a week, 24 hours through QNB Invest and QNB Bank web/mobile routes.Source 8 |
| Withdrawal window | 09:00–17:45 when free collateral permits.Source 8 |
| Same-day trading profit | Withdrawable from T+1 within the stated window.Source 8 |
| Open positions | Withdrawals must leave sufficient margin and must not endanger the remaining positions.Source 8 |
Process26
Currency conversion
| Item | Terms |
|---|---|
| Eligible accounts | Available online for clients with an active FX or overseas-market account.Source 4 |
| Direction | Only one direction of currency dealing per day through the online route; other requests go through the representative.Source 4 |
| Single transaction maximum | USD 50,000.Source 4 |
| Hours and execution price | 09:00–18:00 on full business days; displayed rates are indicative until confirmation.Source 4 |
| Investment currency | Converted funds are allocated to the selected product account; sale proceeds from conversion go to the TRY current account.Source 4 |
Regulation, custody and protection
Sections ↑Protections & eligibility27
Regulatory and custody structure
| Item | Terms |
|---|---|
| Authorised firm | SPK lists QNB Yatırım and broad-authority certificate 40 as active.Source 19Source 20Source 12Source 8 |
| Domestic holdings | Framework terms provide for MKK, Takasbank and other authorised custodians within the service scope.Source 19Source 20Source 12Source 8 |
| Eurobonds | The agreement names Euroclear Bank S.A./N.V. through Takasbank’s global custody service, with notice of a replacement arrangement.Source 19Source 20Source 12Source 8 |
| FX collateral | Held at Takasbank under the published FX terms; custody does not insure trading losses.Source 19Source 20Source 12Source 8 |
Protections & eligibility28
Investor compensation: scope and limit
| Item | Terms |
|---|---|
| 2026 maximum | TRY 2,065,145 for an eligible investor at the failed investment institution.Source 16Source 17 |
| Aggregation | Accounts, currencies and investment products at the same institution share the limit; it is not a separate allowance for every account.Source 16Source 17 |
| Trigger | An SPK compensation decision following failure to meet eligible money-payment or securities-delivery obligations.Source 16Source 17 |
| Excluded loss | Market-price losses and losses arising from investment advice are outside this protection.Source 16Source 17 |
Protections & eligibility29
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 18Source 12 |
| OTC derivatives | Coverage is conditional on the institution having paid the relevant YTM contributions.Source 18Source 12 |
| 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 18Source 12 |
| Separate safeguards | Custody records and statutory compensation do not insure trading returns or replace product-specific collateral obligations.Source 18Source 12 |
Support and service continuity
Sections ↑Process30
Support and outage dealing
| Item | Terms |
|---|---|
| Investment support | +90 212 336 73 73; account-opening page lists weekdays 09:00–18:00.Source 3Source 7Source 13Source 12 |
| Forex desk | +90 212 336 72 72.Source 3Source 7Source 13Source 12 |
| Web or mobile outage | Use the assigned representative or investment support line to give an order.Source 3Source 7Source 13Source 12 |
| Receipt matters | A telephone instruction is accepted when the representative confirms it; submitting a request alone does not prove execution.Source 3Source 7Source 13Source 12 |
Process31
Authentication and phone changes
| Item | Terms |
|---|---|
| Initial access | Matching account number, identity number, date of birth and registered phone are used to request an initial password.Source 4 |
| EFT verification | A separate six-digit code for each request, valid for two minutes.Source 4 |
| Phone-number changes | The FAQ requires a wet-signed instruction through QNB Bank or QNB Invest.Source 4 |
| Lost or stolen phone | Notify QNB Invest immediately if the registered phone is lost or stolen; follow its identity-verification process to restore account access.Source 4 |
Research and additional services
Sections ↑Availability32
Akıllı Robo: advice and automation
| Item | Terms |
|---|---|
| Recommendation process | QNB describes AI-generated weekly BIST selections, with at least four recommendations on Mondays.Source 14Source 15Source 12 |
| Advisory access | Requires the relevant agreement and risk-assessment result.Source 14Source 15Source 12 |
| Overseas portfolios | The campaign advertises automatic transactions after participation in the US or European portfolio.Source 14Source 15Source 12 |
| Authority boundary | The recommendation service and a portfolio execution mandate are different. Confirm the applicable participation, instruction and exit terms for the chosen service.Source 14Source 15Source 12 |
Availability33
Statements, alerts and reconciliation
| Item | Terms |
|---|---|
| Statements | Cash and securities records are available through web/mobile account menus; delivery preferences include email or self-service.Source 4 |
| Online reconciliation | The statement-delivery agreement and relevant preferences must be approved; clients may confirm or reject a reconciliation with reasons.Source 4 |
| Price and news alerts | Clients define their own criteria; alerts are not automatically set for every holding.Source 4 |
| Delivery limit | The FAQ warns that network or provider problems can delay or prevent alerts.Source 4 |
Company and legal identity
Sections ↑Regional comparison34
Identity and history
| Item | Terms |
|---|---|
| Company | QNB Yatırım Menkul Değerler A.Ş.; QNB Invest is the brand.Source 1 |
| Incorporation | 18 December 1996 in the company’s registry table; its narrative separately cites SPK permission on 27 December 1996.Source 1 |
| Registration | İstanbul trade registry 358657.Source 1 |
| Headquarters | Kristal Kule, Büyükdere Caddesi 215, floors 6–7, Şişli, İstanbul.Source 1 |
| Group relationship | A QNB Bank group subsidiary; the company history dates entry into QNB Group to 2016.Source 1 |
- 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.
QNB Yatırım Menkul Değerler A.Ş.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Markets Board of Türkiye (SPK)40 | 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 19Source 20 |
Practical account considerations
Sections ↑Scenarios35
Closing an account and ending services
| Item | Terms |
|---|---|
| Ordinary termination | Either party may give seven days’ prior notice under the published framework agreement.Source 12Source 4 |
| Outstanding positions | Closure does not remove obligations from existing transactions; open positions and debts must be resolved.Source 12Source 4 |
| Asset release | Assets are released after amounts owed are settled; contractual set-off and lien provisions can apply.Source 12Source 4 |
| Data subscription | Cancel separately by the stated month-end deadline; unused time does not automatically generate a refund.Source 12Source 4 |
Sources & further reading
- QNB Invest history and legal particulars QNB Invest · Accessed 27 Oct 2026
- QNB Invest homepage and account-fee statement QNB Invest · Accessed 27 Oct 2026
- Investment account eligibility and opening process QNB Invest · Accessed 27 Oct 2026
- Account, transfer, statement and 2026 data-service FAQ QNB Invest · Accessed 27 Oct 2026
- Domestic share dealing and online commission QNB Invest · Accessed 27 Oct 2026
- VİOP products and settlement features QNB Invest · Accessed 27 Oct 2026
- Forex platform and account services QNB Invest · Accessed 27 Oct 2026
- Forex funding, demo, margin and withdrawal FAQ QNB Invest · Accessed 27 Oct 2026
- Leveraged trading risk disclosure — form YİP.07-F02/18 QNB Invest · Accessed 27 Oct 2026
- Legal documents: current tariff and framework agreement links QNB Invest · Accessed 27 Oct 2026
- Commission and fee schedule linked as 1 April 2026 QNB Invest · Accessed 29 Oct 2026
- General-client framework agreement — published January 2025 file QNB Invest · Accessed 27 Oct 2026
- Alternative dealing instructions during an outage QNB Invest · Accessed 27 Oct 2026
- Akıllı Robo advisory eligibility and recommendation process QNB Invest · Accessed 27 Oct 2026
- Akıllı Robo overseas-share campaign through December 2026 QNB Invest · 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 QNB Invest 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.