Ziraat Yatırım Menkul Değerler A.Ş. provides Turkish securities and derivatives through the Ziraat banking network, e-Şube and its trading applications, with leveraged currency and CFD trading under ZiraatFX. Its online equity scale uses daily turnover, rather than a monthly tier. Cash availability also depends on the account: domestic sale proceeds settle on T+2, VİOP withdrawals require excess collateral, and FX funding is accepted only in USD.[1][3][10][13][11]
Broker essentials01
Ziraat Yatırım at a glance
| Measure | Value | Context |
|---|---|---|
| Entity | Ziraat Yatırım Menkul Değerler A.Ş. | Source 11 |
| SPK certificate | G-041 (341), 22 January 2016; authorisation effective 1 January 2016. | Source 11 |
| Equity commission scale | 0.15% down to 0.01% according to daily eligible online turnover, plus BSMV. | Source 1 |
| Account operating fee | The public schedule states none; MKK and other service charges remain separate. | Source 1 |
| FX collateral | USD only; at least TRY 50,000 equivalent before trading. | Source 13 |
| 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
Bank-linked opening routes
| Item | Terms |
|---|---|
| Ziraat Bankası | Open through Ziraat Mobile or Internet Banking under the Ziraat Yatırım stock-account menu.Source 2 |
| Ziraat Katılım | The official guide also provides account-opening steps through its mobile and internet channels.Source 2 |
| Ziraat Dinamik | A third published opening route uses Ziraat Dinamik’s investment menus.Source 2 |
| Missing signature record | The opening guide directs clients to a Ziraat Bankası branch to register the required signature image.Source 2 |
Account comparison03
Eligibility for equity and online access
| Item | Terms |
|---|---|
| Suitability questionnaire | The opening guide requires Risk 3 or higher for share purchases and sales.Source 2 |
| Foreign contact address | Online permissions begin disabled for customers registered with an overseas contact address.Source 2 |
| Activation threshold | The guide requires an account balance above TRY 100,000 and a request through the call centre or [email protected].Source 2 |
| Subsequent balance decline | Online permissions are disabled if that balance falls below TRY 100,000 during the month; the call centre remains the stated dealing route.Source 2 |
Account comparison04
Additional-product prerequisites
| Item | Terms |
|---|---|
| Equity credit | A current agreement and separate approval are required; the published minimum portfolio is TRY 400,000.Source 7Source 13 |
| Credit-limit increase | The credit guide specifies a minimum TRY 300,000 increase.Source 7Source 13 |
| Intraday buying extension | The published minimum portfolio is TRY 100,000, with separate approval.Source 7Source 13 |
| FX activation | At least six business days and 50 demo trades, plus the leveraged-trading agreement and qualifying funding.Source 7Source 13 |
Products and markets
Sections ↑Specifications05
Trading scope
| Item | Terms |
|---|---|
| Domestic securities | Shares, warrants, funds and ETFs through the relevant investment-account permissions.Source 5Source 10Source 15 |
| VİOP | Exchange futures and options, with portfolio-based collateral.Source 5Source 10Source 15 |
| Margin and securities lending | Separately approved share-credit, short-selling and lending services, subject to eligible securities and current market restrictions.Source 5Source 10Source 15 |
| ZiraatFX | Leveraged currency and CFD exposures; a CFD does not convey ownership of its underlying asset.Source 5Source 10Source 15 |
Specifications06
Cash versus forward CFDs
| Item | Terms |
|---|---|
| Cash oil CFDs | WTNUSD and LCOUSD have no contractual expiry and attract overnight financing.Source 15 |
| Forward CFDs | The listed index, oil, copper and Treasury-linked contracts expire; the page states no overnight swap for this category.Source 15 |
| Minimum trade increments | The page specifies whole lots for cash oil CFDs and 0.10-lot increments for forward CFDs.Source 15 |
| Maximum shown in specifications | The contract tables show 10:1 leverage and 10% initial margin.Source 15 |
Specifications07
Forward CFD contract sizes
| Item | Terms |
|---|---|
| US30 | USD 5 × index; one-point tick = USD 5.Source 15 |
| NAS100 | USD 20 × index; 0.25-point tick = USD 5.Source 15 |
| USOIL | 1,000 × oil price; USD 0.01 tick = USD 10.Source 15 |
| HGC copper | 25,000 × price; 0.0005 tick = USD 12.50.Source 15 |
| USBND | USD 1,000 × quoted price; 0.01 tick = USD 10 under the published specification.Source 15 |
Commissions and other costs
Sections ↑Pricing & charges08
Daily electronic equity commission ladder
| Total eligible daily turnover | Rate before BSMV |
|---|---|
| Up to TRY 75,000 | 0.15%Source 1 |
| TRY 75,001–150,000 | 0.12%Source 1 |
| TRY 150,001–500,000 | 0.10%Source 1 |
| TRY 500,001–1,000,000 | 0.08%Source 1 |
| TRY 1,000,001–2,000,000 | 0.07%Source 1 |
| TRY 2,000,001–4,000,000 | 0.06%Source 1 |
| TRY 4,000,001–5,500,000 | 0.05%Source 1 |
| TRY 5,500,001–7,000,000 | 0.04%Source 1 |
| TRY 7,000,001–11,000,000 | 0.03%Source 1 |
| TRY 11,000,001–15,000,000 | 0.025%Source 1 |
| TRY 15,000,001–25,000,000 | 0.02%Source 1 |
| TRY 25,000,001–30,000,000 | 0.015%Source 1 |
| Above TRY 30,000,000 | 0.01%Source 1 |
Pricing & charges09
How the daily scale is applied
| Item | Terms |
|---|---|
| New accounts | Newly opened accounts enter the daily internet scale.Source 1 |
| End-of-day calculation | After the exchange transaction file arrives, the rate appropriate to that day’s total volume is automatically applied.Source 1 |
| Minimum online commission | TRY 0.90 plus BSMV per transaction.Source 1 |
| Assisted dealing | The AHS rate begins at 0.20%, with a TRY 3 minimum, plus BSMV.Source 1 |
| Negotiated fixed rate | The firm considers portfolio size and trading history when assigning a fixed rate on request.Source 1 |
Pricing & charges10
Campaign and derivatives pricing
| Item | Terms |
|---|---|
| Eligible occupational groups | The page offers a fixed 0.10% plus BSMV to specified teachers, healthcare staff, police, military and public employees.Source 1 |
| Pension qualification | The same published offer includes pensioners receiving their pension through the bank, subject to evidence.Source 1 |
| Evidence route | The page directs the relevant identity or pension evidence to [email protected].Source 1 |
| New VİOP account | The initial fixed rate is 0.03% plus BSMV; the firm can consider a different fixed rate based on the stated criteria.Source 1 |
Pricing & charges11
Custody, transfers and statements
| Item | Terms |
|---|---|
| Account operating fee | No account operating charge is stated.Source 1 |
| Custody | MKK fees are passed through; no universal zero-custody promise.Source 1 |
| Own-name external securities transfer | TRY 18 plus BSMV for each transaction recorded at MKK.Source 1 |
| Transfer to another person | TRY 130 plus the MKK and Takasbank amounts described in the tariff.Source 1 |
| Registered-post statement | TRY 50 per month plus BSMV when requested.Source 1 |
| Email reporting | Daily, weekly or monthly reports and statements are available on request without charge.Source 1 |
Pricing & charges12
CFD dealing and financing costs
| Item | Terms |
|---|---|
| Cash oil commission | USD 0.70 per lot on opening and again on closing; USD 1.40 round trip before spread and financing.Source 15 |
| US30, NAS100, USOIL and HGC | USD 7 per lot per side; USD 14 round trip before other costs.Source 15 |
| USBND | USD 12 per lot per side; USD 24 round trip.Source 15 |
| Cash CFD financing | Overnight long/short swap varies; the posted live figures can change, and the three-day charge is applied on the specified weekly roll.Source 15 |
| Forward CFD financing | No overnight swap in the product description; expiry and dealing commission still apply.Source 15 |
Pricing & charges13
Examples and a specification inconsistency
| Item | Terms |
|---|---|
| TRY 200,000 daily online volume | The 0.10% tier gives TRY 200 commission before BSMV and any minimum-per-transaction effects.Source 1Source 15 |
| TRY 8 million daily online volume | The 0.03% tier gives TRY 2,400 before BSMV and transaction minimums.Source 1Source 15 |
| Old forward-CFD example | One example on the CFD page still uses 20:1 leverage and 5% margin, although the actual specification tables show 10:1 and 10%; do not use the example as the current margin quotation.Source 1Source 15 |
Trading and order handling
Sections ↑Process14
Domestic order functions and restrictions
| Item | Terms |
|---|---|
| Mobile order tools | The published Trader description includes entry, splitting, amendment, improvement and cancellation for share orders.Source 9Source 6Source 7 |
| Small buy orders | The equity FAQ says buy orders below TRY 1,000 cannot be entered between 17:30 and 10:45.Source 9Source 6Source 7 |
| Account funding | A bank-account cash balance must first be transferred to the investment account before placing covered purchases.Source 9Source 6Source 7 |
| Eligible securities | Credit and short sales remain subject to the broker’s lists and current market measures.Source 9Source 6Source 7 |
Process15
Equity-credit collateral
| Item | Terms |
|---|---|
| Initial equity ratio | At least 50% under the published credit terms.Source 7 |
| Maintenance ratio | At least 35%; falling below it requires restoration to the initial ratio.Source 7 |
| During a shortfall | New buy orders are not executed until the requirement is restored.Source 7 |
| Failure to restore | The broker is authorised to sell holdings to restore the 50% initial ratio.Source 7 |
Process16
VİOP margin and settlement
| Item | Terms |
|---|---|
| Collateral currency | The VİOP FAQ says Ziraat accepts TRY collateral.Source 10 |
| Calculation | Takasbank’s portfolio-risk parameters determine the requirement; it is not a fixed percentage for every contract.Source 10 |
| Margin-call deadline | Use the time specified in the actual call for the next trading day.Source 10 |
| Failure to meet the call | Positions may be closed at market prices to restore collateral.Source 10 |
| Expiry | Contracts may be cash settled or physically delivered according to their specifications.Source 10 |
Process17
Forward CFD expiry procedure
| Item | Terms |
|---|---|
| Next expiry opens | No earlier than two business days before the expiring contract’s final dealing day.Source 15 |
| Old expiry | Changes to close-only when the new expiry opens.Source 15 |
| Final deadline | Positions still open at 14:30 on the final dealing day are closed automatically under the published procedure.Source 15 |
| No automatic roll | A client wishing to continue exposure must open the new expiry separately.Source 15 |
Funding, withdrawals and transfers
Sections ↑Process18
Domestic cash withdrawal windows
| Item | Terms |
|---|---|
| Full business day | 09:00–15:15: withdrawals of available cash without the later-day amount restriction.Source 3Source 6 |
| 15:15–18:00 | The cash FAQ says withdrawals are unavailable.Source 3Source 6 |
| After 18:00 | Up to TRY 5,000 if the money has not been placed in repo.Source 3Source 6 |
| Half business day | 09:00–11:00 is the stated unrestricted window.Source 3Source 6 |
| Share sale proceeds | Become withdrawable two business days after the sale; proceeds remain in the investment account until withdrawn.Source 3Source 6 |
Process19
Bank transfers and automatic investment
| Item | Terms |
|---|---|
| Ziraat Bankası transfer | The bank’s mobile/internet ZRY menus move money between the linked bank and investment accounts.Source 3Source 4 |
| Telephone instruction | Recorded verbal instructions can transfer to the registered Ziraat Bankası account.Source 3Source 4 |
| Automatic repo threshold | The FAQ says cash above TRY 25,000 is automatically placed in repo.Source 3Source 4 |
| Opt-out | Disable the automatic-repo setting in e-Şube; the FAQ says the change closes automatic repo/fund purchases at day end.Source 3Source 4 |
Process20
VİOP free cash versus trading equity
| Item | Terms |
|---|---|
| Withdrawable amount | Cash above the requirement for open positions can be withdrawn without closing those positions.Source 10 |
| Intraday loss | Reduces the withdrawable balance.Source 10 |
| Intraday profit | Becomes withdrawable the following day.Source 10 |
| Collateral transfers | The FAQ’s deposit/withdrawal window is 09:00–15:15.Source 10 |
Process21
FX funding and withdrawal instructions
| Item | Terms |
|---|---|
| Accepted collateral | USD cash only.Source 13Source 14 |
| Starting threshold | At least TRY 50,000 equivalent must be present before trading; this is separate from opening an unfunded account.Source 13Source 14 |
| Deposit route | Use the bank’s “send USD to leveraged account” option from the USD bank account.Source 13Source 14 |
| Withdrawal window | Weekdays 09:00–12:30.Source 13Source 14 |
| Withdrawal request | Call +90 216 590 18 90 or email [email protected] from the email address registered in the contract.Source 13Source 14 |
Regulation, custody and protection
Sections ↑Protections & eligibility22
Permissions and custody
| Item | Terms |
|---|---|
| SPK certificate | G-041 (341), dated 22 January 2016.Source 11Source 12Source 5Source 14 |
| Permission matrix | Execution, dealing, individual portfolio management, investment advice, underwriting and limited custody are listed; general custody is not marked as permitted.Source 11Source 12Source 5Source 14 |
| Domestic shares | Held at MKK under the customer’s own name and investment-account number.Source 11Source 12Source 5Source 14 |
| FX collateral | The ZiraatFX FAQ says collateral is held at Takasbank.Source 11Source 12Source 5Source 14 |
Protections & eligibility23
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 & eligibility24
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 5Source 14 |
| OTC derivatives | Coverage is conditional on the institution having paid the relevant YTM contributions.Source 18Source 5Source 14 |
| 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 5Source 14 |
| Separate safeguards | Custody records and statutory compensation do not insure trading returns or replace product-specific collateral obligations.Source 18Source 5Source 14 |
Support and service continuity
Sections ↑Process25
Contact and outage routes
| Item | Terms |
|---|---|
| Investment service | 0850 22 22 979; [email protected].Source 2Source 13Source 8 |
| FX desk | +90 216 590 18 90; [email protected].Source 2Source 13Source 8 |
| Emergency access | The continuity plan directs clients first to Ziraat Bankası’s call centre and Internet Banking.Source 2Source 13Source 8 |
| Asset transfer during disruption | The plan prioritises requested cash and securities transfers to another intermediary, including if continuation of the firm’s activity becomes impossible.Source 2Source 13Source 8 |
Process26
Password and contact recovery
| Item | Terms |
|---|---|
| Forgotten password | Use e-Şube or ZBorsa’s password-reset function, or the investment service telephone line.Source 4 |
| Telephone password | Create it through the settings menu in e-Şube.Source 4 |
| Contact details | The broker directs general contact updates through a Ziraat Bankası branch; mobile-number changes also use the bank’s phone/SIM menu.Source 4 |
| The email address can be changed in e-Şube settings.Source 4 | |
| Third-party access | Account information is not supplied to another person without the required notarised authority.Source 4 |
Process27
Records and price queries
| Item | Terms |
|---|---|
| Domestic statements | Free requested email reporting is separate from charged postal delivery.Source 1Source 14Source 6 |
| FX statements | Daily and monthly statements are sent electronically and/or in writing under the FX FAQ.Source 1Source 14Source 6 |
| MT5 chart price | The FX FAQ says charts display bid prices; an execution at the ask may therefore not appear as a chart high/low.Source 1Source 14Source 6 |
| Cost basis | The equity FAQ uses same-day weighted averages and first-in-first-out treatment across different days for its displayed cost calculation.Source 1Source 14Source 6 |
Research and additional services
Sections ↑Availability28
Trading interfaces
| Item | Terms |
|---|---|
| e-Şube | Domestic account administration and trading.Source 5Source 9Source 14 |
| Ziraat Trader web | Browser access with charts, news and domestic share/VİOP dealing.Source 5Source 9Source 14 |
| Ziraat Trader mobile | Share-order tools, portfolio monitoring and available data packages.Source 5Source 9Source 14 |
| ZBorsa and ZPro | The domestic service page lists these as live-data/trading channels.Source 5Source 9Source 14 |
| ZiraatFX MT5 | A separate FX/CFD platform, with product-specific dealing and funding terms.Source 5Source 9Source 14 |
Availability29
Optional services and their controls
| Item | Terms |
|---|---|
| Market depth | Enhanced depth requires the appropriate paid data package.Source 9Source 7Source 5Source 1 |
| Credit/intraday limit | Requires a request, current agreement and the stated minimum portfolio.Source 9Source 7Source 5Source 1 |
| Securities lending | Securities lending requires a separate service arrangement.Source 9Source 7Source 5Source 1 |
| Research | Company reports and market commentary are general information unless a separate advisory agreement applies.Source 9Source 7Source 5Source 1 |
Company and legal identity
Sections ↑Regional comparison30
Legal and brand identity
| Item | Terms |
|---|---|
| Contracting firm | Ziraat Yatırım Menkul Değerler A.Ş.Source 11Source 12Source 2Source 14 |
| Financial-group channels | Ziraat Bankası, Ziraat Katılım and Ziraat Dinamik provide the account-opening routes described by the broker.Source 11Source 12Source 2Source 14 |
| FX brand | ZiraatFX is the firm’s leveraged currency/CFD service, not a separate foreign investment entity.Source 11Source 12Source 2Source 14 |
| Regulated scope | The published certificate and matrix define the authorised activities; each account still needs the applicable permissions.Source 11Source 12Source 2Source 14 |
- 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.
Ziraat Yatırım Menkul Değerler A.Ş.
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Capital Markets Board of Türkiye (SPK)41 | 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 ↑Scenarios31
What to settle before placing the first trade
| Item | Terms |
|---|---|
| Fee comparison | Use total daily turnover, channel and transaction minimums when comparing the equity rate.Source 1Source 2Source 3Source 15 |
| Overseas-address customer | Check the online-access balance rule and maintain a working telephone dealing route.Source 1Source 2Source 3Source 15 |
| Withdrawals | Match the sale-settlement date, repo status and transfer window to the date the cash is needed.Source 1Source 2Source 3Source 15 |
| CFD holder | Check the symbol’s current specification and expiry; the old 20:1 worked example is inconsistent with the 10:1 tables.Source 1Source 2Source 3Source 15 |
Sources & further reading
- Share commissions, transfers and account charges Ziraat Yatırım · Accessed 29 Oct 2026
- Account opening and overseas-address restrictions Ziraat Yatırım · Accessed 27 Oct 2026
- Cash transfers, settlement and automatic repo Ziraat Yatırım · Accessed 29 Oct 2026
- Password, email and contact-detail updates Ziraat Yatırım · Accessed 27 Oct 2026
- Share custody and domestic services Ziraat Yatırım · Accessed 27 Oct 2026
- Equity dealing FAQ and cost-basis method Ziraat Yatırım · Accessed 27 Oct 2026
- Margin and intraday buying-limit requirements Ziraat Yatırım · Accessed 27 Oct 2026
- Business continuity and emergency plan Ziraat Yatırım · Accessed 27 Oct 2026
- Ziraat Trader web and mobile capabilities Ziraat Yatırım · Accessed 27 Oct 2026
- VİOP collateral, withdrawals and margin calls Ziraat Yatırım · Accessed 27 Oct 2026
- SPK broad-authority certificate G-041 (341) Ziraat Yatırım · Accessed 27 Oct 2026
- Permitted investment services and activities Ziraat Yatırım · Accessed 27 Oct 2026
- ZiraatFX onboarding and funding Ziraat Yatırım · Accessed 27 Oct 2026
- ZiraatFX operating and reporting FAQ Ziraat Yatırım · Accessed 27 Oct 2026
- ZiraatFX cash and forward CFD specifications Ziraat 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 Ziraat 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.