Tacirler Yatırım offers Turkish securities and VİOP trading, US shares through Rally and DriveWealth, and leveraged FX through FXTCR. Its current Turkish tariff sets a TRY 5 minimum for the day’s total share commission, despite an English translation that still says TRY 1. Rally’s custody waiver also has conditions: leaving the specified cash-management or securities-lending arrangements activates a monthly custody charge.[1][2][4]
Broker essentials01
Tacirler Yatırım at a glance
| Measure | Value | Context |
|---|---|---|
| Legal entity | Tacirler Yatırım Menkul Değerler A.Ş. | Source 5 |
| Domestic online share rates | 0.10% down to 0.015%, based on daily volume; tax and infrastructure charges additional. | Source 1 |
| Domestic daily minimum | TRY 5 under the current Turkish tariff. | Source 1 |
| Rally online brokerage | USD 1.50 through USD 750; 0.20% above USD 750, plus 5% BSMV on the commission. | Source 1 |
| FX service | FXTCR on MetaTrader 4, separate from Rally and cash conversion. | Source 8 |
| Current register status | SPK lists the firm and its broad-authority certificate as active as checked on 27 October 2026. | Source 22 |
Accounts and eligibility
Sections ↑Account comparison02
Opening and extending an account
| Item | Terms |
|---|---|
| Domestic account | Video onboarding is offered through Tacirler Mobile using a chipped Turkish identity card; investment centres also open accounts.Source 3Source 1 |
| VİOP activation | Existing clients can approve eligible contracts and risk forms through Online Yatırım Merkezi, subject to the appropriateness result.Source 3Source 1 |
| Credit and short sales | Separate contract and limit application; published applications are in TRY 5,000 increments.Source 3Source 1 |
| Dormant account | Contact the investment centre to reactivate; the FAQ also describes reopening by video when an account is inactive or closed.Source 3Source 1 |
Account comparison03
Rally and FXTCR account boundaries
| Item | Terms |
|---|---|
| Rally | A separate overseas account and agreements, with assets held at DriveWealth in the client’s name.Source 4Source 8Source 6 |
| Rally currency | US dollars only; other account currencies require conversion before transfer.Source 4Source 8Source 6 |
| FXTCR demonstration requirement | At least 50 demo transactions over at least six business days before live-account activation.Source 4Source 8Source 6 |
| Product separation | Domestic credit limits do not create leverage in Rally’s instant buying-power facility.Source 4Source 8Source 6 |
Products and markets
Sections ↑Specifications04
Market access by service
| Item | Terms |
|---|---|
| Domestic brokerage | BIST shares, funds, warrants, government debt and VİOP derivatives.Source 3Source 4Source 13Source 6 |
| Rally | Eligible NYSE and Nasdaq shares and American depositary receipts, including fractional dealing.Source 3Source 4Source 13Source 6 |
| FXTCR | Currency pairs, metals and index or commodity CFDs.Source 3Source 4Source 13Source 6 |
| Other derivatives | Foreign derivatives and bespoke OTC products have separate execution arrangements and agreements.Source 3Source 4Source 13Source 6 |
Specifications05
Fractional-share rights
| Item | Terms |
|---|---|
| Entry amount | Rally describes fractional purchases from USD 1.Source 4 |
| Transfers | Fractions cannot be transferred through ACATS and may need to be sold when moving the account.Source 4 |
| Dividends and corporate actions | The FAQ applies a USD 0.01 payment threshold and warns that some actions may result in cash instead of a fraction.Source 4 |
| Lending and votes | The FAQ says fractions are not lent by DriveWealth; voting treatment can differ from whole shares.Source 4 |
Commissions and other costs
Sections ↑Pricing & charges06
Online BIST share commission
Pricing & charges07
Assisted BIST share commission
Pricing & charges08
Domestic minimum and additional charges
| Item | Terms |
|---|---|
| Minimum assessment | TRY 5 on the day’s total share commission; it is not a TRY 5 minimum on every order.Source 1Source 2Source 3 |
| Translation discrepancy | The English page still says TRY 1. The current Turkish tariff states TRY 5 in both online and assisted categories.Source 1Source 2Source 3 |
| Tax and infrastructure | Share rates exclude BSMV, exchange charges and clearing costs.Source 1Source 2Source 3 |
| Outright government-debt dealing | The FAQ quotes 0.02% commission.Source 1Source 2Source 3 |
Pricing & charges09
VİOP daily-volume tiers
| Item | Terms |
|---|---|
| Through TRY 500,000 | Online 0.020%; telephone 0.035%.Source 1 |
| TRY 500,001–1,000,000 | Online 0.0175%; telephone 0.0275%.Source 1 |
| TRY 1,000,001–5,000,000 | Online 0.0150%; telephone 0.0225%.Source 1 |
| TRY 5,000,001 and above | Online 0.0125%; telephone 0.0175%.Source 1 |
| Additional amounts | Exchange and contract-custody charges are outside these rates.Source 1 |
Pricing & charges10
Rally trading commissions
| Item | Terms |
|---|---|
| Online trade up to USD 750 | USD 1.50, excluding 5% BSMV.Source 1 |
| Online trade above USD 750 | 0.20% of transaction value, excluding 5% BSMV.Source 1 |
| Emergency telephone order | USD 10 below USD 750; 0.30% above USD 750. The tariff does not clearly assign exactly USD 750 to a telephone band.Source 1 |
| Telephone order basis | Emergency dealer orders are accepted by monetary amount under the tariff.Source 1 |
Pricing & charges11
Rally custody waiver and opting out
| Item | Terms |
|---|---|
| Published waiver | The tariff labels custody free but conditions this on its specified cash-management and lending arrangements.Source 1Source 4Source 15 |
| Opt-out consequence | Leaving either or both arrangements triggers 0.03% monthly custody on average daily total assets, charged to the TRY current account.Source 1Source 4Source 15 |
| Illustration | USD 100,000 average assets produces USD 30 equivalent monthly before any applicable tax, converted under the stated TRY method.Source 1Source 4Source 15 |
| Cash-program identity | Confirm the actual sweep attached to the account; a bank-deposit sweep and a money-market fund have different protection.Source 1Source 4Source 15 |
Pricing & charges12
US regulatory charges as checked in October 2026
| Item | Terms |
|---|---|
| Section 31 reference rate | USD 20.60 per USD 1 million of covered sales from 4 April 2026; the broker’s USD 27.80 example is outdated.Source 1Source 17Source 18 |
| FINRA TAF | Temporarily reduced to zero for covered sales from 1 October through 31 December 2026.Source 1Source 17Source 18 |
| Broker collection | Actual customer charges and rounding appear on confirmations; these are separate from brokerage and BSMV.Source 1Source 17Source 18 |
| After the temporary period | The filing resumes TAF assessment for January 2027 transactions; the fourth-quarter zero rate is temporary.Source 1Source 17Source 18 |
Pricing & charges13
Rally transfer and document charges
| Item | Terms |
|---|---|
| Outgoing ACAT / incoming ACAT | USD 65 per account / waived.Source 1 |
| DTC / DWAC / DRS | USD 35 / USD 130 / USD 55 per position respectively.Source 1 |
| Physical tax document, confirmation or statement | USD 10 per requested item under the listed categories.Source 1 |
| USD bank withdrawal | Listed local USD transfer waived; SWIFT costs vary by bank. Own-name destination requirements apply.Source 1 |
Pricing & charges14
Small-priced shares, ADRs and debit interest
| Item | Terms |
|---|---|
| Shares priced below USD 1 | The tariff applies an additional USD 0.005 per share above 300 shares; its examples deduct the first 300 shares.Source 1Source 4 |
| ADRs | Depositary fees depend on the security and its prospectus.Source 1Source 4 |
| Debit-interest formula | Daily debit balance × (effective federal funds rate + 4 percentage points) ÷ 365.Source 1Source 4 |
| Correct arithmetic illustration | At a hypothetical 5.50% benchmark, USD 10,000 × 9.50% ÷ 365 is about USD 2.60 per day. The FAQ’s USD 260.27 result is a calculation error, not a current interest quote.Source 1Source 4 |
Pricing & charges15
FXTCR spread and overnight-cost disclosures
| Item | Terms |
|---|---|
| Published average spreads | EUR/USD 1.3 pips, GBP/USD 1.9 pips and USD/JPY 1.5 pips in the posted table; averages can vary with liquidity.Source 10Source 11Source 12 |
| Swap units | The swap page expresses amounts in quote-currency ticks or points, not a percentage of notional.Source 10Source 11Source 12 |
| Multiple-day convention | The page applies three days for USD/TRY and USD/CAD on Thursday at 23:59 and other pairs on Wednesday at 23:59.Source 10Source 11Source 12 |
| Dated tables | The base swap page says October 2024 while a later notice is effective 28 October 2025. Confirm current instrument values in the platform.Source 10Source 11Source 12 |
Trading and order handling
Sections ↑Process16
Domestic order tools and restrictions
| Item | Terms |
|---|---|
| KİE | Immediate execution with any unfilled remainder cancelled.Source 3 |
| KPY | The unfilled remainder is left as a resting order.Source 3 |
| Chain orders | Released after the entire parent order executes and fresh limit checks pass; they can be cancelled before that trigger.Source 3 |
| Restricted securities | Some purchases are blocked online or require settled free cash; telephone access depends on the security and restriction.Source 3 |
Process17
Domestic orders outside the continuous session
| Item | Terms |
|---|---|
| From 18:15 to 09:40 | Published minimum order value TRY 5,000.Source 3Source 6 |
| 09:55–10:00 | Published minimum order value TRY 10,000.Source 3Source 6 |
| Price condition | The FAQ does not allow unrestricted market-price orders in the out-of-session period.Source 3Source 6 |
| Execution timing | Order entry outside trading hours does not mean immediate exchange execution.Source 3Source 6 |
Process18
Rally order capabilities
| Item | Terms |
|---|---|
| Market orders | Execution price is not guaranteed; market sell instructions use share quantity.Source 4 |
| Limit orders | May remain unfilled or partly filled; the FAQ does not support fractional limit orders.Source 4 |
| Stop orders | Become market orders when triggered; the FAQ does not support fractional stop orders.Source 4 |
| Halts and restrictions | Inactive or halted instruments can have orders cancelled; buy orders are rejected for sell-only instruments.Source 4 |
Process19
Rally hours and buying power
| Item | Terms |
|---|---|
| Regular US session | 09:30–16:00 Eastern Time; Turkish clock times change with US daylight saving.Source 4Source 6 |
| Extended hours | The service offers pre-market and after-market access, with lower-liquidity and execution-price risks.Source 4Source 6 |
| Instant buying power | Equal to qualifying USD deposited and recorded before the cut-off; it bridges transfer settlement without increasing buying power above the deposited amount.Source 4Source 6 |
| Credit trading | The execution policy does not provide margin lending for overseas equities unless a policy change is notified.Source 4Source 6 |
Process20
FXTCR margin management
| Item | Terms |
|---|---|
| Illustrated leverage | The margin example uses 10:1; currency conversion affects the required account-currency collateral.Source 9 |
| Margin call | Warning when the margin level falls below 50%.Source 9 |
| Standard stop-out | Automatic liquidation below 20%, starting with the position showing the largest loss.Source 9 |
| Whole-position closure | Liquidation is by transaction, not partial lots: one five-lot position can be closed in full even if fewer lots would restore the threshold.Source 9 |
Funding, withdrawals and transfers
Sections ↑Process21
TRY transfer windows and charges
| Item | Terms |
|---|---|
| 07:00–15:55; below TRY 50,000 | TRY 70.Source 3 |
| 07:00–15:55; TRY 50,000 or more | No transfer fee in the FAQ.Source 3 |
| 15:55–16:50 | An extra TRY 200: TRY 270 below TRY 50,000 and TRY 200 at or above that level.Source 3 |
| Conflicting general entry | A separate FAQ answer still says 15:00 for transfers; use the dedicated fee-window instructions and confirm time-critical processing.Source 3 |
Process22
Rally deposits and withdrawal timing
| Item | Terms |
|---|---|
| Request hours | 09:00–23:00 on Turkish business days; US and Turkish holidays can interrupt transfers.Source 4 |
| Deposit reference | Tacirler account number, name and surname, plus “DW”.Source 4 |
| After 23:00 | Requests and credited amounts are handled the next business day.Source 4 |
| Withdrawals | The FAQ says no earlier than T+2 from the request because of settlement and SWIFT processing; this is a withdrawal timetable, not a redefinition of US T+1 trading settlement.Source 4 |
Process23
Rally payment destinations and currency
| Item | Terms |
|---|---|
| Outgoing destinations | Own-name USD accounts at the banks enabled in Rally or the client’s Tacirler current account.Source 4Source 1 |
| Third-party transfer | Not permitted under the tariff.Source 4Source 1 |
| Other currencies | Must be converted to USD before funding the overseas account.Source 4Source 1 |
| Current bank instructions | Use the bank list in the service; stale saved payment details can delay allocation.Source 4Source 1 |
Process24
VİOP collateral and domestic settlement
| Item | Terms |
|---|---|
| Collateral deposits | Online 09:00–17:45; telephone until 18:00.Source 3 |
| Collateral withdrawals | Online or telephone 09:00–15:30.Source 3 |
| Interest eligibility | Cash collateral deposited after 15:40 is not remunerated that day under the FAQ.Source 3 |
| Domestic share-sale cash | Normally available on T+2; combined settlement around half-days can change the calendar date.Source 3 |
Process25
Cash conversion and automatic repo
| Item | Terms |
|---|---|
| Online currency conversion | Maximum three transactions a day and USD/EUR 20,000 total.Source 3 |
| Larger conversion | Written Treasury instruction by 14:00 on full days or 10:00 on half-days.Source 3 |
| Repo threshold | At least TRY 10,000 credited before 15:00 qualifies under the FAQ.Source 3 |
| Repo opt-out | Send a signed request with name and account number to the investment centre.Source 3 |
Regulation, custody and protection
Sections ↑Protections & eligibility26
Domestic and US custody arrangements
| Item | Terms |
|---|---|
| Turkish authorisation | Active SPK broad-authority intermediary, with exact permissions listed in the regulator record.Source 22Source 23Source 4Source 6Source 16 |
| US equity custody | Rally accounts are opened in the client’s name with DriveWealth LLC.Source 22Source 23Source 4Source 6Source 16 |
| Foreign derivatives | The execution policy instead describes a global account with client sub-records for foreign derivatives; this is a different arrangement.Source 22Source 23Source 4Source 6Source 16 |
| US brokerage protection | Eligible SIPC claims can be covered up to USD 500,000, including USD 250,000 cash, within the recognised capacity and statutory conditions; market losses are excluded.Source 22Source 23Source 4Source 6Source 16 |
Protections & eligibility27
Securities lending changes the protection
| Item | Terms |
|---|---|
| Counterparty | DriveWealth borrows the fully paid shares and may lend them onwards.Source 14Source 1 |
| SIPA boundary | Loaned shares may not receive SIPA protection; collateral can be the recovery source if shares are not returned.Source 14Source 1 |
| Voting and distributions | Voting rights are lost while shares are lent; substitute payments can have different tax treatment.Source 14Source 1 |
| Exit rights | The investor may sell, recall a loan or leave the program; re-entry restrictions and Tacirler custody charges may apply.Source 14Source 1 |
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 19Source 20 |
| Aggregation | Accounts, currencies and investment products at the same institution share the limit; it is not a separate allowance for every account.Source 19Source 20 |
| Trigger | An SPK compensation decision following failure to meet eligible money-payment or securities-delivery obligations.Source 19Source 20 |
| Excluded loss | Market-price losses and losses arising from investment advice are outside this protection.Source 19Source 20 |
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 21Source 6 |
| OTC derivatives | Coverage is conditional on the institution having paid the relevant YTM contributions.Source 21Source 6 |
| 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 21Source 6 |
| Separate safeguards | Custody records and statutory compensation do not insure trading returns or replace product-specific collateral obligations.Source 21Source 6 |
Support and service continuity
Sections ↑Process30
Contacts and emergency orders
| Item | Terms |
|---|---|
| Domestic support | +90 212 355 46 46; [email protected].Source 3Source 8Source 6Source 1 |
| FXTCR | 0850 251 40 40; [email protected].Source 3Source 8Source 6Source 1 |
| Online dealing failure | The policy permits redirection to an alternative platform or telephone dealing and requires electronic notice of technical problems.Source 3Source 8Source 6Source 1 |
| Rally emergency dealing | Representative-assisted orders are available under the published emergency tariff and staffed service arrangements.Source 3Source 8Source 6Source 1 |
Process31
Authentication and inactive sessions
| Item | Terms |
|---|---|
| Domestic password reset | Support verifies security information by telephone; the first issued password is for initial use and must be changed.Source 3Source 8 |
| FX desktop login | MT4 desktop requires the current password and a mobile-generated one-time password; the page says the mobile login itself does not use that OTP step.Source 3Source 8 |
| FX lock conditions | Three consecutive wrong passwords block access; simultaneous access from a second IP is restricted.Source 3Source 8 |
| FX idle session | After 24 hours connected without activity, trading is disabled until the stated password-reset process. This is a security restriction, not a published inactivity fee.Source 3Source 8 |
Process32
Continuity and transfer controls
| Item | Terms |
|---|---|
| Emergency notices | The continuity policy uses the website and registered email addresses to explain disruption and alternate contacts.Source 7Source 3Source 5 |
| Recovery arrangement | An alternate office and backup systems support continued operations; this is a plan rather than an uptime guarantee.Source 7Source 3Source 5 |
| Withdrawal controls | Clients can request a TRY transfer cap or disable outgoing EFT/havale through support.Source 7Source 3Source 5 |
| Unclaimed assets | The legal notice describes the ten-year statutory unclaimed-asset process, distinct from ordinary account reactivation.Source 7Source 3Source 5 |
Research and additional services
Sections ↑Availability33
Reports, statements and portfolio tools
| Item | Terms |
|---|---|
| Statements | Domestic equity and VİOP reports are available under the online Reports menu.Source 3Source 4 |
| Research | Daily, global-market, company, sector, thematic and economic reports are listed.Source 3Source 4 |
| Mobile data | The general FAQ describes 15-minute delayed data for app users and separate data-service requests.Source 3Source 4 |
| Tax records | Rally/DriveWealth provides applicable records; receiving a form does not itself discharge the investor’s tax-reporting obligations.Source 3Source 4 |
Availability34
Lending records and additional services
| Item | Terms |
|---|---|
| Lending report | DriveWealth’s monthly statement contains loan information, quantity and collateral; the disclosure explains its reporting lag.Source 14Source 3Source 5 |
| Lending remuneration | Availability and the investor’s share of lending revenue are not guaranteed by a generic advertised yield.Source 14Source 3Source 5 |
| Professional services | Portfolio management, advisory and corporate-finance services are distinct from public research.Source 14Source 3Source 5 |
| Third-party terminals | Matriks, Foreks and iDeal access depends on the requested service and its conditions.Source 14Source 3Source 5 |
Company and legal identity
Sections ↑Regional comparison35
Company, brands and permissions
| Item | Terms |
|---|---|
| Contracting company | Tacirler Yatırım Menkul Değerler A.Ş.Source 5Source 3Source 8Source 22 |
| Service names | Rally is the overseas platform relationship; FXTCR is the broker’s leveraged-FX service.Source 5Source 3Source 8Source 22 |
| Head office | Akmerkez B3 Block, floor 9, Nispetiye Caddesi, Etiler, Beşiktaş, İstanbul.Source 5Source 3Source 8Source 22 |
| Current certificate | SPK broad-authority certificate 005, dated 18 February 2015, remains active in the current record.Source 5Source 3Source 8Source 22 |
- 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.
Tacirler Yatırım Menkul Değerler A.Ş.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Markets Board of Türkiye (SPK)005 | 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 22Source 23 |
Practical account considerations
Sections ↑Scenarios36
Three account choices with different consequences
| Item | Terms |
|---|---|
| Use Rally custody waiver | Understand the attached cash-management and lending terms, including voting and protection changes.Source 1Source 3Source 9Source 8 |
| Opt out of a relevant program | Budget the 0.03% monthly custody charge stated in Tacirler’s tariff.Source 1Source 3Source 9Source 8 |
| Use domestic intraday buying capacity | The FAQ describes up to three times portfolio value for eligible shares, with settlement or closing obligations; this is not free cash.Source 1Source 3Source 9Source 8 |
| Use FXTCR | Monitor margin and platform security settings separately from the domestic or Rally account.Source 1Source 3Source 9Source 8 |
Sources & further reading
- Current Turkish account types and commissions Tacirler Yatırım · Accessed 27 Oct 2026
- English tariff translation: conflicting domestic minimum Tacirler Yatırım · Accessed 27 Oct 2026
- Domestic account, dealing, funding and security FAQ Tacirler Yatırım · Accessed 27 Oct 2026
- Rally US-market service FAQ Tacirler Yatırım · Accessed 27 Oct 2026
- Legal notices and 2025–2026 dormant-asset notice Tacirler Yatırım · Accessed 27 Oct 2026
- Order execution policy — effective 12 July 2024 Tacirler Yatırım · Accessed 27 Oct 2026
- Business continuity and emergency policy Tacirler Yatırım · Accessed 27 Oct 2026
- FXTCR account opening and authentication FXTCR / Tacirler Yatırım · Accessed 27 Oct 2026
- FXTCR margin call and stop-out rules FXTCR / Tacirler Yatırım · Accessed 27 Oct 2026
- FXTCR published average spreads FXTCR / Tacirler Yatırım · Accessed 27 Oct 2026
- FXTCR swap convention and dated rate table FXTCR / Tacirler Yatırım · Accessed 27 Oct 2026
- FXTCR swap update effective 28 October 2025 FXTCR / Tacirler Yatırım · Accessed 27 Oct 2026
- FXTCR contract sizes and dated margin examples FXTCR / Tacirler Yatırım · Accessed 27 Oct 2026
- Fully paid securities lending disclosure — 20 April 2026 DriveWealth · Accessed 27 Oct 2026
- Money-market cash-management disclosure DriveWealth · Accessed 27 Oct 2026
- SIPC mission and limits Securities Investor Protection Corporation · Accessed 27 Oct 2026
- Section 31 fee advisory for fiscal 2026 US Securities and Exchange Commission · Accessed 29 Oct 2026
- FINRA filing: temporary TAF reduction for fourth quarter 2026 US Securities and Exchange Commission / FINRA · Accessed 29 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 Tacirler 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.