According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- TRY 50,000
- WebTrader
- MetaTrader4
- MetaTrader5
- TradingView
- QNB Finansinvest
- QNB Finansinvest ProTrader
- CMB
Our Evaluation of QNB Finansinvest
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
QNB Finansinvest is a broker with higher-than-average risk and the TU Overall Score of 4.12 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by QNB Finansinvest clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
QNB Finansinvest is a Turkish stock and Forex broker, registered with CMB. It’s a reliable intermediary with a limited choice of assets and not very competitive spreads.
Brief Look at QNB Finansinvest
QNB Finansinvest, part of Finansbank with over 640 subsidiaries, belongs to the Qatar National Bank (QNB Group). The brokerage and investment office, launched in 1996, is regulated by the Capital Markets Board of Turkey (CMB). QNB Finansinvest is a registered member of the Istanbul Stock Exchange (BIST), including the Futures and Options Market (VIOP). It offers access to securities, as well as over-the-counter (OTC) Forex and CFD markets.
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- Many years of experience under the supervision of the main Turkish regulator.
- Client investments are protected by the state compensation fund.
- Floating spreads with no additional fees apply to Forex and CFD trading.
- Wide choice of trading platforms, including MetaTrader and TradingView.
- Educational materials are offered to novice traders.
- Various communication channels to contact technical support.
- Free analytics and market reviews.
- Limited choice of Forex assets as compared to the broker’s competitors.
- Spreads are higher than market average.
- Live chat is only available with a chatbot.
TU Expert Advice
Author, Financial Expert at Traders Union
QNB Finansinvest provides access to Forex and CFDs via MetaTrader and TradingView platforms, and offers demo and live account types with a minimum deposit of TRY 50,000. Traders benefit from STP technology ensuring high execution speed and flexible floating spreads. The broker, regulated by the CMB of Turkey, aims to support traders with educational resources, various communication channels, and tools for market analysis and portfolio management.
However, QNB Finansinvest's offering has some drawbacks, such as higher-than-average spreads and limited Forex instruments compared to competitors. Its clients face withdrawal delays, partly due to banking processes. Despite lacking Tier-1 regulation, the broker may suit traders familiar with the Turkish market looking for structured financial guidance, but it may not be suitable for those prioritizing lower transaction costs or a broader range of assets.
QNB Finansinvest Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. QNB Finansinvest Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | MetaTrader 4, MetaTrader 5, QNB Finansinvest, QNB Finansinvest ProTrader, WebTrader, and TradingView |
|---|---|
| 📊 Accounts: | Demo and Real |
| 💰 Account currency: | TRY and USD |
| 💵 Deposit / Withdrawal: | Bank transfers |
| 🚀 Minimum deposit: | TRY 50,000 |
| ⚖️ Leverage: | Up to 1:10 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 1,8-2,6 pips |
| 🔧 Instruments: | Forex and CFDs on stock indices, metals, and oil |
| 💹 Margin Call / Stop Out: | 75%/30% |
| 🏛 Liquidity provider: | UBS, Deutsche Bank, Forex Capital Markets Ltd, Swissquote, Britannia Global Markets, Jump Trading Futures, and other large providers |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market |
| ⭐ Trading features: |
Floating spreads for all OTC assets; Negative and positive swaps; Minimal price slippage. |
| 🎁 Contests and bonuses: | No |
QNB Finansinvest offers trading Forex and CFDs in the OTC market. Trading conditions strictly comply with CMB regulations, which may influence available assets and leverage. To test trading conditions, there is a demo account.
QNB Finansinvest Key Parameters Evaluation
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Trading Account Opening
Clients of the broker can log into their QNB Finansinvest’s user accounts by clicking the “Giriş yap” button on any page of its official website. Unregistered users can find instructions for registration below.
To open the account, click the “Hesap aç” button.
In the registration form, provide your first and last names as stated in your documents, phone number, and email.
Wait for a call from a QNB Finansinvest representative with further instructions on how to activate your brokerage account.
Note that you first receive access to a demo account. Live accounts are opened only after 6 days upon meeting the minimum trading activity requirement of 50 trades. To start trading, upload your documents confirming your identity and residence address and deposit TRY 50,000 minimum.
Please note that you will initially receive access to a demo account. Live accounts can only be opened six days after meeting the minimum trading activity requirement of 50 trades. To begin trading, you must upload documents confirming your identity and residence address, and deposit a minimum of TRY 50,000.
Regulation and safety
QNB Finansinvest has a safety score of 1.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Flexible trading conditions with high leverage and less bureaucracy
- Not tier-1 regulated
- Not regulated
- No negative balance protection
- Track record of less than 8 years
QNB Finansinvest Security Factors
| Foundation date | - |
| Negative balance protection | No |
| Verification (KYC) | No |
QNB Finansinvest is Not a Regulated Broker
Commissions and fees
The trading and non-trading commissions of broker QNB Finansinvest have been analyzed and rated as High with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of QNB Finansinvest with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, QNB Finansinvest’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
QNB Finansinvest Standard spreads
| QNB Finansinvest | Pepperstone | OANDA | |
| EUR/USD min, pips | 1,8 | 0,5 | 0,1 |
| EUR/USD max, pips | 2,6 | 1,5 | 0,5 |
| GPB/USD min, pips | 2,1 | 0,4 | 0,1 |
| GPB/USD max, pips | 2,9 | 1,4 | 0,5 |
Does QNB Finansinvest support RAW/ECN accounts?
As we discovered, QNB Finansinvest does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with QNB Finansinvest. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
QNB Finansinvest Non-Trading Fees
| QNB Finansinvest | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
The Capital Markets Board of Turkey (CMB) mandates that clients of all Turkish brokers offering access to Forex and CFD markets must trade on a demo account and execute at least 50 trades within six days before opening a live account.
Account types:
High-volume traders receive VIP and PRO status and benefit from tighter spreads.
QNB Finansinvest adjusts its trading conditions for traders of different professional levels, adhering to regulatory and legal requirements applicable in Turkey.
Deposit and withdrawal
QNB Finansinvest received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
QNB Finansinvest offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- No deposit fee
- No withdrawal fee
- Bank wire transfers available
- BTC not available as a base account currency
- Wise not supported
- BTC payments not accepted
What are QNB Finansinvest deposit and withdrawal options?
QNB Finansinvest offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making QNB Finansinvest less competitive for those seeking diverse payment options.
QNB Finansinvest Deposit and Withdrawal Methods vs Competitors
| QNB Finansinvest | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are QNB Finansinvest base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. QNB Finansinvest supports the following base account currencies:
What are QNB Finansinvest's minimum deposit and withdrawal amounts?
The minimum deposit on QNB Finansinvest is $1500, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact QNB Finansinvest’s support team.
Markets and tradable assets
QNB Finansinvest offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 30 Forex pairs.
- Indices trading
- Multiple markets
- No ETFs
- Futures not available
QNB Finansinvest Supported markets vs top competitors
We have compared the range of assets and markets supported by QNB Finansinvest with its competitors, making it easier for you to find the perfect fit.
| QNB Finansinvest | Plus500 | Pepperstone | |
| Currency pairs | 30 | 60 | 90 |
| Total tradable assets | 2800 | 1200 | |
| Stocks | No | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | No | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products QNB Finansinvest offers for beginner traders and investors who prefer not to engage in active trading.
| QNB Finansinvest | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
Technical support is important for client satisfaction. QNB Finansinvest offers a 24/7 live chat on its website and proprietary platforms. Telephone communication is available from 09:00 to 18:00 (GMT+3) Monday through Friday.
Advantages
- 24/7 chatbot is available
- Various communication channels
Disadvantages
- It is impossible to contact managers through live chat
- Support by phone is provided only on weekdays
Available communication channels are:
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Telephone;
-
Fax;
-
Feedback form;
-
Email.
The Contact section provides all the necessary phone numbers for reaching the client service department or the certain office.
Contacts
| Registration address | QNB Finans Yatırım Menkul Değerler A.Ş., Esentepe Mah. Büyükdere Cad. Kristal Kule Binası No: 215 Kat: 6-7 34394 Şişli - İstanbul |
|---|---|
| Regulation | CMB |
| Official site | https://www.qnbfi.com/ |
| Contacts |
+90 212 336 7373+90 212 336 7373
|
Education
The Forex section of the QNB Finansinvest website offers a free course in the text and video formats on the basics of trading for novice traders.
QNB Finansinvest offers a demo account that allows traders to practice trading in real markets with virtual funds and without the risk of losing their money.
Comparison of QNB Finansinvest with other Brokers
| QNB Finansinvest | Bybit | Eightcap | XM Group | FxPro | FBS | |
| Trading platform |
WebTrader, QNB Finansinvest ProTrader, QNB Finansinvest, MetaTrader4, MetaTrader5, TradingView | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MobileTrading, MT5, cTrader, FxPro Edge | MT4, MobileTrading, MT5, FBS app |
| Min deposit | $50000 | No | $100 | $5 | $100 | $5 |
| Leverage |
From 1:1 to 1:10 |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:500 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 1.6 point | From 0 points | From 0 points | From 0.8 points | From 0 points | From 1 point |
| Level of margin call / stop out |
75% / 30% | No / 50% | 80% / 50% | 100% / 50% | 25% / 20% | 40% / 20% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | No | No |
Detailed Review of QNB Finansinvest
QNB Finansinvest partners with 13 large liquidity providers, including BNP Paribas, Saxo Bank, Goldman Sachs, JP Morgan, and UBS. Its clients can access local and foreign securities markets, as well as OTC Forex and CFD markets. The broker’s choice of trading platforms ensures convenient trading experience. Also, it provides technical, information, and consulting support.
QNB Finansinvest by the numbers:
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The broker has been on the market since 1996.
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16 subsidiaries operate in 12 cities across Turkey.
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Current assets amount to over TRY 5 billion.
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Paid capital is TRY 300 million.
QNB Finansinvest is a versatile regulated broker that provides access to organized and OTC markets
While QNB Finansinvest focuses on the stock market, it also provides access to the Forex market. The choice of OTC assets is not as diverse as the choice of securities. Among available Forex assets are 38 currency pairs and CFDs on gold, silver, copper, oil, and popular stock indices, including DAX, S&P 500, Dow Jones (US30), and Nasdaq. Spreads vary depending on the asset: it is 0.45 pips for gold, 0.04 pips for silver, 6 pips for Dow Jones, and 0.7 pips for Nasdaq. Additional fees don’t apply to Forex and CFD assets.
The broker offers various trading platforms to satisfy any trader — there are MT4, MT5, and its in-house platforms to combine investing in stock exchanges and Forex trading. Moreover, QNB Finansinvest provides analytics and various research tools to help traders identify prospective assets.
Useful services offered by QNB Finansinvest:
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Forex market reviews. The broker’s clients have the opportunity to subscribe for free newsletters on 7 currency pairs provided by QNB Finansinvest analysts.
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Economic calendar. This tool helps market participants follow main events and take informed decisions based on current economic and financial data.
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Real-time market data. Traders can monitor prices for EUR/USD, GBP/USD, USD/JPY, USD/TRY, EUR/TRY, gold, S&P 500, and DAX.
Advantages:
Negative balance protection applies to all accounts of retail clients.
Trading and market analysis are conducted on mobile, web, and desktop platforms.
QNB Finansinvest is eligible to provide consulting services, assisting its clients in building their portfolios.
Traders can manage their positions and risks using limit and pending orders on all available platforms.
In case of the broker’s insolvency, the compensation fund covers all trader losses as recommended by CMB.
QNB Finansinvest protects trader funds and data with advanced encryption methods, two-factor authentication, verification of documents, and segregation of client funds from its own capital.
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