TEB Yatırım Menkul Değerler A.Ş. offers Turkish shares, listed derivatives and international equities through distinct account and platform routes. The public domestic commission rates are maxima for new accounts. Overseas shares have their own dealing minima, funding process and custody charge; the website leaves parts of the custody calculation ambiguous.[1][2][3]
Broker essentials01
TEB Yatırım at a glance
| Measure | Value | Context |
|---|---|---|
| Legal entity | TEB Yatırım Menkul Değerler A.Ş.; a Turkish capital-markets company separate from Türk Ekonomi Bankası. | Source 3Source 6 |
| Main platforms | PRIME mobile and PRIME WEB for domestic services; PRIME GO for overseas shares. | Source 2Source 4 |
| Opening minimum | No general minimum investment-account deposit is stated in the FAQ; individual products have their own funding requirements. | Source 2 |
| Annual maintenance | TRY 980, collected in two six-monthly instalments under the public tariff. | Source 1 |
| US shares | 0.20% commission, minimum USD 15; foreign custody and other charges remain separate. | Source 1 |
| Current register status | SPK lists the firm and its broad-authority certificate as active as checked on 27 October 2026. | Source 13 |
Accounts and eligibility
Sections ↑Account comparison02
Ways to open an account
| Item | Terms |
|---|---|
| TEB banking customers | The FAQ describes opening share and VİOP services through CEPTETEB mobile or internet banking.Source 2 |
| Clients without a TEB bank account | Apply through TEB Yatırım or an investment centre; a pre-existing TEB banking relationship is not mandatory.Source 2 |
| Opening charge and balance | The FAQ states no investment-account opening fee or minimum opening amount.Source 2 |
| Product approval | Complete the applicable agreements, risk forms and suitability or appropriateness assessment before activating a product.Source 2 |
Account comparison03
Separate overseas account
| Item | Terms |
|---|---|
| Prerequisite | First become a TEB Yatırım client, then request an overseas account.Source 2 |
| Documents | Approve the overseas dealing agreement and overseas risk disclosure digitally through the domestic PRIME channels.Source 2 |
| Trading account | The international account is separate from the domestic investment account.Source 2 |
| Borrowing | The FAQ says credit is not used for overseas transactions.Source 2 |
Account comparison04
Currency choice and practice account
| Item | Terms |
|---|---|
| Funding currencies | The detailed FAQ permits USD or EUR accounts and identifies separate currency funding routes.Source 2Source 4 |
| Conflicting application wording | The application form footer says accounts will be opened in USD. Confirm whether EUR is enabled for the specific account before sending funds.Source 2Source 4 |
| Demo | PRIME GO offers USD 100,000 of virtual money for 30 days.Source 2Source 4 |
| Cash entitlement | The demo balance is simulated trading capital and cannot be withdrawn as cash.Source 2Source 4 |
Products and markets
Sections ↑Specifications05
Domestic instruments
| Item | Terms |
|---|---|
| BIST shares | Cash equity dealing and custody.Source 2Source 1 |
| VİOP | Exchange-listed futures and options, including separately priced currency options.Source 2Source 1 |
| Bonds and funds | Domestic debt securities and investment-fund services are described in the FAQ.Source 2Source 1 |
| Warrants | Listed structured products with an expiry date and issuer risk; holding a warrant does not confer shareholder voting or dividend rights.Source 2Source 1 |
Specifications06
Overseas equity markets
| Item | Terms |
|---|---|
| United States | The FAQ lists Nasdaq and NYSE venues, including NYSE Arca.Source 2Source 1Source 6 |
| Euro-area markets | Germany, France, Austria, Belgium, Finland, the Netherlands, Ireland, Spain, Italy and Portugal appear in the tariff.Source 2Source 1Source 6 |
| Infrastructure | The FAQ identifies Saxo Bank infrastructure for PRIME GO overseas share orders.Source 2Source 1Source 6 |
| Contract scope | Technology access does not itself establish a separate direct Saxo client agreement or a universal foreign compensation entitlement.Source 2Source 1Source 6 |
Specifications07
Eurobond access
| Item | Terms |
|---|---|
| Turkish sovereign issues | The FAQ states a minimum nominal amount of USD 100,000 or EUR 100,000.Source 2 |
| Corporate issues | The stated minimum nominal amount is USD 200,000 or EUR 200,000.Source 2 |
| Dealing route | Request a quote through the representative; the FAQ describes availability from 10:00, subject to market liquidity.Source 2 |
| Investment amount | Nominal denomination is distinct from the cash price, accrued interest and dealing costs.Source 2 |
Currency options on VİOP and currency conversion for a foreign-share purchase are different services. The current SPK activity list does not show leveraged-FX dealing for TEB Yatırım; the general policy’s definitions of leveraged products are not an offer of a retail rolling-FX account.[14][6][2]
Commissions and other costs
Sections ↑The domestic tariff identifies its rates as maxima for newly opened accounts. A personalised agreement may quote different rates. BSMV is added where expressly shown; items already described as tax-inclusive should not have it added a second time.[1]
Pricing & charges08
Domestic dealing maxima
Pricing & charges09
Electronic futures and cancellation charges
| Item | Terms |
|---|---|
| Internet index futures | TRY 35 plus BSMV per contract.Source 1 |
| Internet non-index futures | 0.025% plus BSMV; the Turkish words specify 2.5 per ten thousand despite awkward punctuation in the printed percentage.Source 1 |
| Order cancellation | 0.0024% plus BSMV under the tariff’s cancellation line.Source 1 |
| Channel selection | The fixed electronic index charge and the general 0.05% futures rate are different tariff lines; establish which applies to the order channel.Source 1 |
Pricing & charges10
International share commissions
| Item | Terms |
|---|---|
| United States | 0.20%; minimum USD 15.Source 1 |
| France | 0.20%; minimum EUR 20.Source 1 |
| Germany and other listed euro-area markets | 0.20%; minimum EUR 30 in each listed market.Source 1 |
| US shares below USD 5 | An additional “0.01” commission is printed without a clear currency or per-share unit. Obtain the complete low-price-stock calculation before trading.Source 1 |
Pricing & charges11
Maintenance and domestic custody
| Item | Terms |
|---|---|
| Account maintenance | TRY 980 annually, collected in two instalments six months apart; this is not described as an inactivity penalty.Source 1 |
| Listed-share custody | 0.021%, including BSMV, calculated using daily values and collected monthly. The heading says market value while the text says nominal value; the valuation basis and rate period need confirmation.Source 1 |
| Unlisted-share custody | 0.20% plus BSMV; the public line does not clearly identify the rate period.Source 1 |
| Dematerialisation | 0.20% plus BSMV under the securities-registration service line.Source 1 |
Pricing & charges12
Foreign custody: what the tariff actually specifies
| Item | Terms |
|---|---|
| Rate | Six basis points, equivalent to 0.06%, on the monetary value of the shares.Source 1 |
| Calculation and collection | Daily calculation and monthly account posting.Source 1 |
| Minimum | USD 8 is stated as the minimum custody cost.Source 1 |
| Unspecified periods | The rate period and the period to which the USD 8 minimum applies are not explicit. The text does not justify presenting 0.06% as a daily charge or an annual charge without a written calculation.Source 1 |
Pricing & charges13
Corporate actions and financing
| Item | Terms |
|---|---|
| Cash dividends | 0.07875% of the distributed dividend, including BSMV.Source 1 |
| Paid and bonus capital increases | 0.07875% of the market value of shares received, including BSMV.Source 1 |
| Equity-credit interest | Variable with market conditions, capped in the tariff at 2.5 times the Central Bank late-liquidity-window rate, GLP.Source 1 |
| Default interest | The tariff also specifies GLP × 2.5; this is a benchmark formula rather than a fixed current annual quote.Source 1 |
Pricing & charges14
Commission arithmetic before other costs
| Item | Terms |
|---|---|
| TRY 100,000 domestic share purchase | TRY 200 before BSMV at the 0.20% maximum.Source 1 |
| USD 2,000 US share purchase | USD 15: the minimum exceeds the USD 4 proportional amount.Source 1 |
| USD 20,000 US share purchase | USD 40: the proportional amount exceeds the USD 15 minimum.Source 1 |
| EUR 5,000 French share purchase | EUR 20: the minimum exceeds the EUR 10 proportional amount.Source 1 |
| EUR 20,000 German share purchase | EUR 40 before custody and other applicable costs.Source 1 |
Trading and order handling
Sections ↑Process15
Domestic PRIME platform differences
| Item | Terms |
|---|---|
| Mobile | Share, VİOP and warrant trading, portfolio views, alerts and digital agreement approval.Source 2Source 9 |
| PRIME WEB | Saved screen layouts, multiple order windows and portfolio export to Excel.Source 2Source 9 |
| WEB-only analysis | The FAQ places Takas Saklama custody analysis in the web platform.Source 2Source 9 |
| Bank assets | PRIME shows the investment account; the FAQ says bank-held assets are not included in its portfolio screen.Source 2Source 9 |
Process16
Order handling and validity
| Item | Terms |
|---|---|
| Parked orders | Stored for later manual transmission; parking an order does not send it to the market.Source 2Source 6 |
| Pending orders | The interfaces permit amendment or cancellation of eligible pending instructions; execution status must be checked.Source 2Source 6 |
| Default duration | The order policy says an order entered during a session without a specified duration is valid for that day.Source 2Source 6 |
| Longer validity | Permitted durations depend on the relevant exchange; unexecuted orders expire at the end of their stated validity.Source 2Source 6 |
Process17
Execution priorities and rejected instructions
| Item | Terms |
|---|---|
| Execution assessment | Price, total cost, speed, settlement, custody and counterparty considerations feature in the policy.Source 5Source 6 |
| Specific instructions | A client’s explicit venue or routing instruction constrains the execution choice.Source 5Source 6 |
| Unclear or unacceptable orders | The firm may seek clarification or decline an instruction and notify the client.Source 5Source 6 |
| Execution problems | The published policy requires prompt client notification when a significant problem affects execution.Source 5Source 6 |
Process18
Foreign dealing and settlement
| Item | Terms |
|---|---|
| Platform | PRIME GO is available through mobile, web and desktop access.Source 2Source 8 |
| United States settlement | The FAQ states one business day after the trade, T+1.Source 2Source 8 |
| European settlement | The FAQ states two business days, T+2, with holidays and time-zone differences affecting cash availability.Source 2Source 8 |
| Clock changes | Trading hours expressed in Türkiye time change when foreign markets move between summer and winter time; the 22 October 2026 notice addresses the European change effective 26 October.Source 2Source 8 |
Process19
VİOP session scope
| Item | Terms |
|---|---|
| Day session | The FAQ lists 09:30–18:10 for equity contracts and 09:30–18:15 for other listed categories.Source 2 |
| Evening session | 19:00–23:00 applies only to contracts admitted to the evening session.Source 2 |
| Margin | A derivatives account and the applicable collateral must be in place; cash-equity purchasing power is not a substitute for derivatives margin.Source 2 |
| Expiry | Contract-specific cash or delivery obligations remain relevant even when positions are entered through the same application.Source 2 |
Funding, withdrawals and transfers
Sections ↑Process20
Domestic bank linkage and settlement
| Item | Terms |
|---|---|
| TEB-linked account | Cash remains in the linked bank account until settlement; available limits take account of estimated commissions.Source 2 |
| Share settlement | The FAQ describes domestic share purchases and sales being debited or credited at T+2.Source 2 |
| Clients funding from another bank | Use the broker’s instructed recipient account and include the client name and investment-account number.Source 2 |
| Reconciliation | A bank balance and a trading limit describe different stages of settlement; compare both before withdrawing committed cash.Source 2 |
Process21
Automatic investment of idle cash
| Item | Terms |
|---|---|
| Automatic fund preference | The FAQ describes fund purchases against cash linked to pending share orders.Source 2 |
| Unfilled orders | A fund purchase may occur even when the share order does not execute.Source 2 |
| Changing the preference | Use the cash-remuneration or automatic-fund preference setting, Nemalandırma/Otomatik Fon Tercihi.Source 2 |
| Product character | Cash placed in an investment fund becomes a fund holding with its own price and redemption process.Source 2 |
Process22
International deposits and withdrawals
| Item | Terms |
|---|---|
| Currency funding | The FAQ specifies TEB Yatırım USD and EUR bank accounts; include the client name and customer number and inform the representative.Source 2 |
| Withdrawal instruction | Send a written instruction to the representative to return foreign-currency collateral to the client’s own account.Source 2 |
| Request deadline | Weekdays by 17:00, Türkiye time.Source 2 |
| Processing period | The FAQ allows up to two business days for international funding or withdrawal requests; this is separate from the market settlement cycle.Source 2 |
Regulation, custody and protection
Sections ↑Protections & eligibility23
Legal supervision and account structure
| Item | Terms |
|---|---|
| Authorisation | SPK lists TEB Yatırım and broad-authority certificate 019, dated 4 December 2015, as active.Source 13Source 14Source 3Source 2Source 6 |
| Domestic bank relationship | Türk Ekonomi Bankası and TEB Yatırım are separate legal entities; securities and derivatives are not converted into bank deposits by linked access.Source 13Source 14Source 3Source 2Source 6 |
| Foreign account model | The order policy describes use of a global account with underlying client records. The current overseas agreement determines the exact custody arrangement for the service opened.Source 13Source 14Source 3Source 2Source 6 |
| Saxo infrastructure | The FAQ’s infrastructure statement does not establish that every TEB client has the protection of a direct Saxo retail account.Source 13Source 14Source 3Source 2Source 6 |
Protections & eligibility24
Investor compensation: scope and limit
| Item | Terms |
|---|---|
| 2026 maximum | TRY 2,065,145 for an eligible investor at the failed investment institution.Source 10Source 11 |
| Aggregation | Accounts, currencies and investment products at the same institution share the limit; it is not a separate allowance for every account.Source 10Source 11 |
| Trigger | An SPK compensation decision following failure to meet eligible money-payment or securities-delivery obligations.Source 10Source 11 |
| Excluded loss | Market-price losses and losses arising from investment advice are outside this protection.Source 10Source 11 |
Protections & eligibility25
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 12Source 6 |
| OTC derivatives | Coverage is conditional on the institution having paid the relevant YTM contributions.Source 12Source 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 12Source 6 |
| Separate safeguards | Custody records and statutory compensation do not insure trading returns or replace product-specific collateral obligations.Source 12Source 6 |
Support and service continuity
Sections ↑Process26
Client and dealing contacts
| Item | Terms |
|---|---|
| General client support | 0850 222 08 66 within Türkiye.Source 2Source 7 |
| Overseas dealing representatives | +90 216 636 45 38 and +90 216 636 44 76 during office hours.Source 2Source 7 |
| Outside overseas desk hours | The FAQ directs clients to digital trading channels; it does not promise a staffed overnight telephone desk.Source 2Source 7 |
| Missing overseas credentials | Check the supplied contact information, then contact [email protected].Source 2Source 7 |
Process27
Outages and account recovery
| Item | Terms |
|---|---|
| Channel failure | The order policy permits instructions through another functioning channel or in writing when a telephone or electronic system fails.Source 2Source 6 |
| Confirm the order | Check execution status before repeating an instruction through a second channel.Source 2Source 6 |
| Changed telephone number | For overseas Google Authenticator access, contact the representative to update the number and arrange a password reset.Source 2Source 6 |
| Domestic SMS problems | The FAQ directs clients who cannot receive login SMS messages to 0850 222 08 66.Source 2Source 6 |
Research and additional services
Sections ↑Availability28
Market data and subscription controls
| Item | Terms |
|---|---|
| Domestic PRIME access | The FAQ describes PRIME mobile and web as free to access, with account dealing commissions unchanged by platform choice.Source 2Source 9 |
| Real-time data | Live market data requires the relevant licence or subscription entitlement.Source 2Source 9 |
| PRIME GO subscriptions | Foreign exchange-data subscriptions are billed monthly and deducted automatically.Source 2Source 9 |
| Cancellation | The client must cancel the subscription in the platform’s Subscriptions menu; stopping trading does not itself cancel the charge.Source 2Source 9 |
Availability29
Reports and exports
| Item | Terms |
|---|---|
| Domestic history | The FAQ states a one-month lookback with a maximum of 100 transactions in the specified history view.Source 2Source 9 |
| Web export | PRIME WEB supports Excel export; the digital-channel brochure also describes overseas analysis exports in Excel/PDF.Source 2Source 9 |
| GO records | Performance, portfolio history, profit/loss, corporate actions, activity logs and subscription information are available in the account area.Source 2Source 9 |
| Tax records | Keep the relevant annual statements and transaction records. The FAQ still contains a tax threshold expressly labelled 2022, which is unsuitable as a current-year filing threshold.Source 2Source 9 |
Availability30
Research and advisory boundaries
| Item | Terms |
|---|---|
| Domestic research | PRIME distributes research reports, market and company news, financial ratios and investment commentary.Source 2Source 9Source 3 |
| Overseas research | The FAQ identifies Saxo Bank news and research in PRIME GO.Source 2Source 9Source 3 |
| Personal advice | TEB Yatırım lists a separate investment-advisory service; general website commentary is not itself a personal advisory agreement.Source 2Source 9Source 3 |
| Automation | PRIME’s documented tools include client-submitted orders, alerts and analysis.Source 2Source 9Source 3 |
Company and legal identity
Sections ↑Regional comparison31
Company identity
| Item | Terms |
|---|---|
| Registered name | TEB Yatırım Menkul Değerler A.Ş.Source 3 |
| Operating history | The company page says it has operated since 1997 within the TEB and BNP Paribas partnership.Source 3 |
| Trade register | 358354.Source 3 |
| MERSİS | 0-8330-0735-0800018.Source 3 |
| Head office | İnkılap Mahallesi, Sokullu Caddesi No. 7B, 34768 Ümraniye, İstanbul.Source 3 |
Regional comparison32
Formal communication channels
| Item | Terms |
|---|---|
| Head-office telephone | +90 216 636 44 44.Source 3Source 7 |
| Corporate email | [email protected].Source 3Source 7 |
| Registered electronic mail | [email protected].Source 3Source 7 |
| Client contact | The contact page also lists [email protected] for enquiries.Source 3Source 7 |
- 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.
TEB Yatırım Menkul Değerler A.Ş.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Markets Board of Türkiye (SPK)019 | 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 13Source 14 |
Practical account considerations
Sections ↑Scenarios33
Account choices that materially affect cost
| Item | Terms |
|---|---|
| Small foreign-share orders | The USD 15 or EUR 20/30 dealing minima can dominate a small transaction; recurring custody and maintenance remain additional.Source 1Source 2 |
| Long-term holdings | The two custody valuation ambiguities and the USD 8 minimum period need a written explanation to estimate holding costs reliably.Source 1Source 2 |
| Frequent index futures | The TRY 35 per-contract internet line can produce a different bill from the general percentage tariff.Source 1Source 2 |
| Occasional use | Annual maintenance and uncancelled data subscriptions are recurring account costs even when trading stops.Source 1Source 2 |
Sources & further reading
- TEB Yatırım — public fees and commissions TEB Yatırım · Accessed 29 Oct 2026
- TEB Yatırım — account, PRIME and international-market FAQ TEB Yatırım · Accessed 27 Oct 2026
- TEB Yatırım — legal identity and company information TEB Yatırım · Accessed 27 Oct 2026
- TEB Yatırım PRIME GO — overseas platform TEB Yatırım · Accessed 27 Oct 2026
- TEB Yatırım — execution policy TEB Yatırım · Accessed 27 Oct 2026
- TEB Yatırım — order transmission policy TEB Yatırım · Accessed 27 Oct 2026
- TEB Yatırım — contact details TEB Yatırım · Accessed 27 Oct 2026
- TEB Yatırım — current notices and platform navigation TEB Yatırım · Accessed 27 Oct 2026
- TEB Yatırım — digital channels and services brochure TEB 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 TEB 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.