Yatırım Finansman Menkul Değerler A.Ş. is a Turkish securities intermediary with YaFi, YFTRADE and YFTRADEINT services. YaFi’s free-trade allowance applies only to share orders entered through YaFi, renews monthly and is limited by an amount per order. Its paid subscriptions renew automatically, while international trading and T+0 Hemen Nakit have separate charges.[2][1][9][16]
Broker essentials01
Yatırım Finansman at a glance
| Measure | Value | Context |
|---|---|---|
| Legal entity | Yatırım Finansman Menkul Değerler A.Ş.; official domain yf.com.tr. | Source 16 |
| YaFi plan prices | Merhaba free; Eko TRY 139.99, İleri TRY 165 and Pro TRY 195 per published monthly subscription. | Source 1 |
| Free share-order allowances | 30/50/100/250 by plan, renewed monthly, with a separate maximum value per order. | Source 2Source 1 |
| Digital EFT | No outgoing broker fee through the internet branch or YaFi under the 22 April 2026 schedule; daily digital limit TRY 1.5 million. | Source 8 |
| Overseas service | YFTRADEINT is separate from YaFi’s domestic share-order allowance. | Source 10Source 2 |
| 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
YaFi opening routes
| Item | Terms |
|---|---|
| İş Bankası customer route | Use existing Türkiye İş Bankası information, with an advertised 24-hour application route.Source 2 |
| Verification exceptions | Outdated identity information can require further checks. A bank account originally opened by video may require assisted completion.Source 2 |
| Video onboarding | Requires a new Turkish identity card, an NFC-capable smartphone and residence in Türkiye.Source 2 |
| Video hours | Weekdays 09:00–18:00; unavailable on weekends and public holidays.Source 2 |
Account comparison03
Plan and account structure
| Item | Terms |
|---|---|
| Merhaba | Free subscription tier with basic research, data and a monthly share-order allowance.Source 2Source 1Source 10 |
| Paid plans | Eko, İleri and Pro add allowances and features; they remain accounts with the same legal intermediary.Source 2Source 1Source 10 |
| International service | YFTRADEINT has its own products, foreign intermediary and charges.Source 2Source 1Source 10 |
| Virtual portfolio | The TRY 100,000 practice portfolio in the FAQ is simulated money, not withdrawable cash.Source 2Source 1Source 10 |
Account comparison04
Subscription purchase and cancellation
| Item | Terms |
|---|---|
| Service period | The FAQ specifies a 30-day usage period with automatic renewal.Source 2 |
| Cancellation route | In the app, open Plans and Packages → My Subscriptions.Source 2 |
| After cancellation | Access continues until the end of the paid period; the next renewal is stopped.Source 2 |
| Billing channel | Payment method, invoices and purchase history are managed through the relevant Apple or Google application store.Source 2 |
Products and markets
Sections ↑Specifications05
What YaFi trades and what it displays
| Item | Terms |
|---|---|
| Trading | BIST shares, investment funds and VİOP products.Source 2 |
| Foreign-market information | The FAQ describes tracking overseas markets; this is not itself the separate YFTRADEINT execution service.Source 2 |
| Crypto information | YaFi displays crypto-market information; the FAQ does not establish crypto trading or custody.Source 2 |
| Currency and bond lists | Ready-made lists show market and Central Bank exchange rates, Treasury bills and bonds; a displayed instrument is not necessarily tradeable in YaFi.Source 2 |
Specifications06
YFTRADEINT instruments
| Item | Terms |
|---|---|
| Products | Shares, ETFs, futures and options are advertised on the international-service page.Source 10 |
| Access | The broker advertises a multi-market platform; individual venue access still depends on product permission and market restrictions.Source 10 |
| Options tools | The service page describes option-strategy orders and analysis tools.Source 10 |
| Risk | Foreign-share holdings, cash currency conversion and leveraged futures have different economic and collateral exposures.Source 10 |
The current SPK activity list does not show leveraged-FX dealing for Yatırım Finansman. The YFTRADEFX trademark in a website footer is not evidence of an available retail rolling-FX account. VİOP currency derivatives and international listed derivatives remain separate product categories.[23][14][2][10]
Commissions and other costs
Sections ↑Pricing & charges07
Published YaFi subscription prices
| Item | Terms |
|---|---|
| Merhaba | TRY 0.Source 1Source 2 |
| Eko | TRY 139.99 per advertised monthly period.Source 1Source 2 |
| İleri | TRY 165 per advertised monthly period.Source 1Source 2 |
| Pro | TRY 195 per advertised monthly period.Source 1Source 2 |
| Period distinction | The FAQ describes 30-day renewal. Twelve subscription charges are not necessarily the same as a calendar-year bill.Source 1Source 2 |
Pricing & charges08
Share commission ranges by plan
| Item | Terms |
|---|---|
| Merhaba | 0.10%–0.08%.Source 1Source 3 |
| Eko | 0.08%–0.06%.Source 1Source 3 |
| İleri | 0.06%–0.04%.Source 1Source 3 |
| Pro | 0.04%–0.015%.Source 1Source 3 |
| Actual daily rate | The detailed feature FAQ says it is determined by the average trading volume over the preceding 90 days within the selected plan’s scale.Source 1Source 3 |
Pricing & charges09
Monthly commission-free order counts
Pricing & charges10
How the order-value cap works
| Item | Terms |
|---|---|
| One allowance | Each free-trade entitlement applies to one order, up to its specified value ceiling.Source 2 |
| No combining | Several unused entitlements cannot be combined to waive commission on one larger order.Source 2 |
| Excess value | The amount above the order ceiling incurs the applicable commission.Source 2 |
| Renewal | Entitlements renew monthly on the subscription-start date; usage appears in My Usage and order details.Source 2 |
| Ceiling amount | The FAQ illustrates a TRY 10,000 ceiling but does not establish that example as the universal limit for every plan. Check the actual allowance shown in the app.Source 2 |
Pricing & charges11
Fee examples with explicit assumptions
| Item | Terms |
|---|---|
| TRY 100,000 chargeable order at 0.10% | TRY 100 proportional commission, before applicable taxes or separately disclosed costs.Source 1Source 2 |
| TRY 100,000 chargeable order at 0.015% | TRY 15 on the same basis.Source 1Source 2 |
| Illustrative capped allowance | If the actual free-order ceiling were TRY 10,000, a TRY 100,000 order would leave TRY 90,000 chargeable and consume one allowance.Source 1Source 2 |
| Eko over 12 paid periods | 12 × TRY 139.99 = TRY 1,679.88 in subscription charges; the FAQ’s 30-day cycle must be considered when projecting annual costs.Source 1Source 2 |
Pricing & charges12
Branch-instructed TRY cash transfers
| Item | Terms |
|---|---|
| Up to TRY 500,000 | TRY 50.Source 8 |
| TRY 500,001–1 million | TRY 100.Source 8 |
| TRY 1,000,001–2.5 million | TRY 200.Source 8 |
| TRY 2,500,001–5 million | TRY 400.Source 8 |
| TRY 5,000,001–10 million | TRY 750.Source 8 |
| Above TRY 10 million | The upper band is labelled above TRY 10,000,001 and charges TRY 800; confirm treatment at the exact printed boundary.Source 8 |
| Tax | BSMV is excluded from these charges.Source 8 |
Pricing & charges13
T+0 Hemen Nakit daily charge bands
| Item | Terms |
|---|---|
| TRY 5,000–50,000 | TRY 179 per chargeable day.Source 9 |
| TRY 50,001–75,000 | TRY 269 per chargeable day.Source 9 |
| TRY 75,001–100,000 | TRY 358 per chargeable day.Source 9 |
| TRY 100,001–125,000 | TRY 448 per chargeable day.Source 9 |
| TRY 125,001–150,000 | TRY 538 per chargeable day.Source 9 |
| TRY 150,001–200,000 | TRY 717 per chargeable day.Source 9 |
| TRY 200,001–250,000 | TRY 896 per chargeable day.Source 9 |
| TRY 250,001–500,000 | TRY 1,792 per chargeable day.Source 9 |
Pricing & charges14
Why the early-cash duration matters
| Item | Terms |
|---|---|
| Charge collection | The daily commission is collected when the service is used, for the days through settlement.Source 9 |
| Non-business days | Weekends and public holidays are included in the calculation.Source 9 |
| Broker example | A Thursday advance settling on Monday incurs four days; a Tuesday advance settling Thursday incurs two days.Source 9 |
| Illustration | At TRY 179 per day, a qualifying amount in the lowest band would cost TRY 716 for four days versus TRY 358 for two, subject to the quoted account terms.Source 9 |
Pricing & charges15
Published YFTRADEINT share tariff
| Item | Terms |
|---|---|
| Document status | An undated public PDF remains discoverable; confirm applicability before an overseas order because its statutory-fee footnotes are old.Source 11 |
| United States | USD 0.05 per share, minimum USD 10 in that schedule.Source 11 |
| Canada | CAD 0.05 per share, minimum CAD 10.Source 11 |
| Selected euro markets | 0.50% with EUR 10 minimum for Germany, France, Austria, Belgium, Italy, the Netherlands, Portugal and Spain.Source 11 |
| UK and Switzerland | UK 0.50%, minimum GBP 10; Switzerland 0.30%, minimum CHF 15.Source 11 |
| Asia examples | Hong Kong 0.30%, minimum HKD 100; Japan 0.30%, minimum JPY 1,000; Singapore 0.30%, minimum SGD 30.Source 11 |
Pricing & charges16
Outdated US tariff footnotes
| Item | Terms |
|---|---|
| SEC Section 31 fee | The PDF’s old USD 27.80-per-million figure is not current. The SEC advisory sets USD 20.60 per million for covered sales from 4 April 2026.Source 11Source 17Source 18 |
| FINRA TAF | The SEC-published rule filing sets the trading activity fee to zero from 1 October through 31 December 2026.Source 11Source 17Source 18 |
| Other pass-through charges | The old PDF’s remaining pass-through figures should not be treated as a current all-in quote.Source 11Source 17Source 18 |
| Broker commission example | 300 US shares at the published USD 0.05 rate produces USD 15 brokerage before any currently applicable additional costs.Source 11Source 17Source 18 |
Trading and order handling
Sections ↑Process17
Conditional orders available on paid YaFi plans
| Item | Terms |
|---|---|
| Plan eligibility | Eko, İleri and Pro include the advertised algorithmic-order features.Source 2Source 4 |
| Order types | Take-profit/stop-loss, timed take-profit/stop-loss, trailing orders and conditional amendment.Source 2Source 4 |
| Activation | Orders act on the price, time or percentage condition chosen by the client.Source 2Source 4 |
| Unmet condition | An instruction remains inactive or expires when its specified duration ends.Source 2Source 4 |
Process18
Changing a conditional instruction
| Item | Terms |
|---|---|
| Before activation | Conditions can be changed or the instruction cancelled before it triggers.Source 4 |
| After activation | Normal order-handling rules apply once the instruction becomes a market order.Source 4 |
| Execution price | A trigger condition is not a guarantee that the market fills the order at that exact price.Source 4 |
Process19
Platform roles
| Item | Terms |
|---|---|
| YaFi | Mobile access to the domestic products and subscription tools described in its FAQ.Source 14Source 2Source 10 |
| YFTRADE | The broker’s desktop trading platform.Source 14Source 2Source 10 |
| YFTRADE Mobile | The catalogue identifies iOS and Android applications.Source 14Source 2Source 10 |
| YFTRADEINT | A separate international-market application, with configurable screens and option-strategy tools.Source 14Source 2Source 10 |
Funding, withdrawals and transfers
Sections ↑Process20
Digital transfers and deposit identification
| Item | Terms |
|---|---|
| Outgoing digital EFT | The 22 April 2026 schedule removes the broker fee for internet-branch and YaFi outgoing EFT.Source 8Source 13 |
| Daily limit | TRY 1.5 million through the published internet/mobile route.Source 8Source 13 |
| Recipient for deposits | Use Yatırım Finansman Menkul Değerler A.Ş. and the bank details in its official instructions.Source 8Source 13 |
| Transfer reference | Include customer number, name and surname to support automatic allocation.Source 8Source 13 |
Process21
Who can use T+0 Hemen Nakit
| Item | Terms |
|---|---|
| Eligible sale | Completed sale of shares on the Main or Star market.Source 9 |
| Excluded shares | Proceeds from shares subject to gross settlement are excluded.Source 9 |
| Account agreement | A credit agreement must be signed or approved.Source 9 |
| Daily amount | Minimum TRY 5,000 and maximum TRY 500,000.Source 9 |
| Balance condition | The page requires positive T+1 and T+2 balances.Source 9 |
Process22
Early-cash request process
| Item | Terms |
|---|---|
| Request location | Internet branch → Cash Transactions → T+0 Credit Transaction.Source 9 |
| Second step | After creating the required cash balance, use the EFT function to send it to the bank account.Source 9 |
| Availability | The service can advance sale proceeds on trade day or the following business day.Source 9 |
| Underlying settlement | Ordinary domestic share settlement remains T+2; the advance changes cash availability through credit, not the exchange settlement cycle.Source 9 |
Regulation, custody and protection
Sections ↑Protections & eligibility23
Authorisation and ownership
| Item | Terms |
|---|---|
| Legal entity | Yatırım Finansman Menkul Değerler A.Ş.Source 16Source 22Source 23Source 2 |
| SPK register | Active broad-authority certificate 008, dated 16 June 2015; KAP gives the fuller form G-008(336).Source 16Source 22Source 23Source 2 |
| Controlling shareholder | The current KAP record lists Türkiye Sınai Kalkınma Bankası A.Ş. at 95.78%.Source 16Source 22Source 23Source 2 |
| Bank-group identity | YaFi’s İş Bankası branding does not make securities or derivatives bank deposits.Source 16Source 22Source 23Source 2 |
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 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 & 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 21Source 12 |
| OTC derivatives | Coverage is conditional on the institution having paid the relevant YTM contributions.Source 21Source 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 21Source 12 |
| Separate safeguards | Custody records and statutory compensation do not insure trading returns or replace product-specific collateral obligations.Source 21Source 12 |
Protections & eligibility26
Overseas partner and custody disclosure
| Item | Terms |
|---|---|
| Published partner | The broker’s overseas information note identifies Interactive Brokers LLC as execution and custody partner.Source 12Source 21 |
| Document age | The information note is older than the current YaFi launch; the signed current overseas agreement determines the client’s actual contracting route.Source 12Source 21 |
| Records | The note says clients can monitor collateral, positions, confirmations and account status through the international platform.Source 12Source 21 |
| Protection boundary | A foreign intermediary’s involvement does not establish an identical compensation entitlement for every asset or account arrangement.Source 12Source 21 |
Support and service continuity
Sections ↑Process27
Verified contact channels
| Item | Terms |
|---|---|
| General telephone | +90 212 317 69 00 in the KAP company record.Source 16Source 12 |
| Corporate email | [email protected].Source 16Source 12 |
| Head office | Meclis-i Mebusan Caddesi 81, Fındıklı 34427, Beyoğlu, İstanbul.Source 16Source 12 |
| International platform problems | The overseas information note permits written or telephone trading instructions during office hours and says credential support is provided by the broker.Source 16Source 12 |
Process28
Subscription billing and refund requests
| Item | Terms |
|---|---|
| Purchase records | Check invoices and transaction history in the application store used for the subscription.Source 2 |
| Payment-method update | Change the registered payment method through the device’s Apple or Google store account.Source 2 |
| Renewal cancellation | Manage the plan/package through My Subscriptions in YaFi and confirm the next renewal has stopped.Source 2 |
| Refund decision | The FAQ directs refund requests to the relevant store; approval is subject to that store’s decision, not an unconditional broker refund.Source 2 |
Research and additional services
Sections ↑Availability29
Alerts, watchlists and report quotas
| Item | Terms |
|---|---|
| Merhaba | 40 alerts; 5 watchlists.Source 1Source 5Source 6Source 7 |
| Eko | 40 alerts; 10 watchlists; 50 AI-generated reports per month.Source 1Source 5Source 6Source 7 |
| İleri | 100 alerts; unlimited watchlists; 100 reports per month.Source 1Source 5Source 6Source 7 |
| Pro | 400 alerts; unlimited watchlists and report generation.Source 1Source 5Source 6Source 7 |
Availability30
Analysis and education
| Item | Terms |
|---|---|
| Charts | TradingView technical charts are listed for the plans.Source 2Source 5Source 6Source 7 |
| Paid-plan tools | Eko includes quick and conditional orders; İleri and Pro add the cockpit and overseas live-market information described on their plan pages.Source 2Source 5Source 6Source 7 |
| Education | Entry-level training is advertised across the plans; advanced training is a Pro feature.Source 2Source 5Source 6Source 7 |
| Reports | The FAQ identifies company-information, instant technical and general technical reports generated by YaFi’s AI.Source 2Source 5Source 6Source 7 |
Availability31
Reports versus trading authority
| Item | Terms |
|---|---|
| Purpose | AI-generated reports support company and market analysis.Source 2Source 12 |
| Usage limits | Report-generation allowances depend on the plan; report production is not a trade execution.Source 2Source 12 |
| Statements | Subscription invoices are available from the application store, while the overseas platform carries account and transaction records.Source 2Source 12 |
Availability32
Dated welcome-package promotion
| Item | Terms |
|---|---|
| Window | 7 October–31 December 2026, subject to the first 5,000 qualifying clients.Source 15 |
| Eligibility | Clients already holding an individual Yatırım Finansman account before the campaign began, who log into YaFi during the window.Source 15 |
| Benefit | One month of the welcome package containing one-level BIST depth, custody analysis and financial analysis; advertised ordinary monthly price TRY 429.99.Source 15 |
| No cash value | The code is personal, non-transferable and cannot be converted into cash.Source 15 |
| Activation | Earned codes can be activated through 31 January 2027; package access lasts one month from activation.Source 15 |
Company and legal identity
Sections ↑Regional comparison33
Corporate identity and history
| Item | Terms |
|---|---|
| Registration date | 15 October 1976 in the KAP record.Source 16 |
| Trade register | 142163-089655, İstanbul.Source 16 |
| Registered tax number | 9400019137.Source 16 |
| Paid-up capital snapshot | KAP lists TRY 400 million in the company information checked for this profile.Source 16 |
| Official identity | KAP identifies yf.com.tr as the company website; similarly named domains should not be treated as the same firm.Source 16 |
- 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.
Yatırım Finansman Menkul Değerler A.Ş.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Markets Board of Türkiye (SPK)008 | 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 ↑Scenarios34
Selecting a plan without overstating the savings
| Item | Terms |
|---|---|
| Free-order value | Count both the number of eligible share orders and the amount of each order that actually fits inside its allowance cap.Source 2Source 3Source 1 |
| Rate within the band | Use the rate generated from the preceding 90-day average volume, not automatically the lowest advertised rate.Source 2Source 3Source 1 |
| Changing plans | The detailed FAQ says an upgrade enables the new scale; after a downgrade, the existing plan’s rates continue until its period ends.Source 2Source 3Source 1 |
| Recurring cost | Cancel an unwanted plan or package explicitly; not trading does not itself prevent automatic renewal.Source 2Source 3Source 1 |
Sources & further reading
- YaFi — plan comparison Yatırım Finansman / YaFi · Accessed 29 Oct 2026
- YaFi — complete account and subscription FAQ Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YaFi — commission selection and 90-day volume calculation Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YaFi — conditional and algorithmic orders Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YaFi — Eko plan Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YaFi — İleri plan Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YaFi — Pro plan Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- Yatırım Finansman — transfer tariff effective 22 April 2026 Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- Yatırım Finansman — T+0 Hemen Nakit terms and charge bands Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- Yatırım Finansman — international products and current document links Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YFTRADEINT — published international-share commission schedule Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YFTRADEINT — overseas service and custody information note Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- Yatırım Finansman — official funding instructions Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- Yatırım Finansman — platform catalogue Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- YaFi —7 October–31 December 2026 welcome offer Yatırım Finansman / YaFi · Accessed 27 Oct 2026
- KAP — Yatırım Finansman company disclosure Public Disclosure Platform (KAP) · Accessed 27 Oct 2026
- SEC fee-rate advisory 2026-2 US Securities and Exchange Commission · Accessed 29 Oct 2026
- SEC — FINRA temporary Q4 2026 trading-activity-fee change US Securities and Exchange Commission · 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 Yatırım Finansman 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.