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5.7/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

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
Minimum deposit:
  • TRY 50,000
Trading platform:
  • MetaTrader4
Regulation:
  • CMB
  • YTM
Foundation date:
  • 1991
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Our Evaluation of Tacirler Yatırım (FXTCR)

5.7/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

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
Traders Union icon

Tacirler Yatırım (FXTCR) is a moderate-risk broker with the TU Overall Score of 5.7 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Tacirler Yatırım (FXTCR) clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.

Tacirler Yatırım (FXTCR) offers trading with variable spreads without additional transaction fees. However, it may not suit every trader due to stringent initial deposit requirements, lack of cent accounts, and limited asset choices. Nevertheless, its operations are overseen by Turkey's main financial regulatory fee, ensuring commitment fulfillment and stable operations.

Brief Look at Tacirler Yatırım (FXTCR)

Tacirler Yatırım is an investment holding firm established in 1991 in Turkey. It offers access to the stock markets through the Istanbul Stock Exchange (Borsa İstanbul - BİST). In 2015, its subsidiary, FXTCR, emerged, enabling traders to engage in Forex trading. This avenue facilitates trading in currency pairs, precious metals, CFDs on global stock indices, and energy commodities. Regulated by the Capital Markets Board of Turkey (CMB), Tacirler Yatırım participates in an investment compensation scheme. Its clients can trade popular OTC assets 24/5, benefitting from dynamic spreads and using the MetaTrader 4 platform.

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Advantages of trading with Tacirler Yatırım (FXTCR):
  • Participation in the Turkish compensation scheme Yatırımcı Tazmin Merkezi (YTM);
  • Quotations from BİST (Borsa İstanbul) — the Istanbul Stock Exchange;
  • Activity regulation at the state level — operating under the CMB license;
  • Provision of the MetaTrader 4 platform supporting copy trading and algorithmic trading;
  • Demo account availability;
  • Access to combining investment activities in the stock market with active Forex trading;
  • Quality analytical support for trading.
Disadvantages of Tacirler Yatırım (FXTCR):
  • High minimum deposit — TRY 50,000 (≈ $1,855);
  • Limited range of trading assets, absence of cryptocurrencies, CFDs on stocks, and agricultural commodities;
  • Broker services are exclusively available to Turkish citizens.

TU Expert Advice

Anton Kharitonov

Financial expert and analyst at Traders Union

Tacirler Yatırım's separate division for Forex trading, known as FXTCR, emerged in 2015. Like its parent holding company, FXTCR operates under strict supervision by Turkey's state regulator, ensuring its clients a high level of reliability and the security of their investments. The company adheres to Forex regulation rules in its country of registration, allowing Forex traders to use leverage no higher than 1:10.

Bonuses are unavailable as they are considered impermissible incentives according to Tacirler Yatırım's perspective, and partnership programs are also not accessible. Tacirler Yatırım's (FXTCR) choice of CFDs is limited compared to its competitors, but the broker does offer the most traded currency pairs, global indices, and metals. However, the company restricts client payment options, allowing only bank transfers.

Deposit details (account numbers and IBAN), supported banks, and currencies are specified on Tacirler Yatırım and FXTCR websites, facilitating the search for an intermediary to deposit funds into the trading account. The company doesn't provide online support, but its employees are available to assist via phone, email, or in-person communication at the office. There is a demo account available for testing trading conditions and execution speed, but cent accounts are absent, which is a downside for novice traders.

Tacirler Yatırım (FXTCR) Trading Conditions

💻 Trading platform: MetaTrader 4 (desktop, mobile app)
📊 Accounts: Demo, User
💰 Account currency: TRY
💵 Deposit / Withdrawal: Bank transfer
🚀 Minimum deposit: 50,000 TRY
⚖️ Leverage: Up to 1:10
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 EUR/USD spread: 0,5-0,9 pips
🔧 Instruments: Currency pairs, indices, gold, silver, oil, stocks, metal futures
💹 Margin Call / Stop Out: 50%/20%
🏛 Liquidity provider: Borsa Istanbul (over 50 providers)
📱 Mobile trading: Yes
➕ Affiliate program: No
📋 Order execution: Market execution
⭐ Trading features: Unified account type for all Forex traders
🎁 Contests and bonuses: No

Tacirler Yatırım offers classic trading conditions for currency pairs and CFDs such as the MT4 platform, accounts with floating spreads and no additional trading fee, and market order execution. The broker operates in strict accordance with the rules of the currency market in Turkey. In 2017, the authorities in this country prohibited trading leverage exceeding 1:10 for retail trading and also set the minimum investment size for accessing Forex at TRY 50,000.

Tacirler Yatırım (FXTCR) Key Parameters Evaluation

User Satisfaction i

Score:
6.9/10

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waseem
1 year ago

I can't recommend using MT4 for currency trading — the spreads are inflated, and the selection of pairs is minimal. However, if you exclusively trade majors, then the spreads are okay because you can make a profit. I also didn't like the absence of online support, contacting representatives through messengers is also unavailable. But the broker is reliable, so I would continue trading with them if I had stayed in Turkey. However, I had to close the account. By the way, I withdrew the b without any problems.

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zhopy
1 year ago

Through this broker, I not only trade myself but also copy the trades of several traders from the MQL website. An extra income never hurts, and the automation process in MT4 is complete, so I actively take advantage of the opportunity for passive earnings. I've never had any issues with fund withdrawals; the company operates fairly.

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elnoracq18
1 year ago

FXTCR is an ordinary broker without special advantages, but it fulfills all its obligations. I have been trading with him for about half a year and during all this time I have not encountered any manipulation of quotes, violation of trading regulations, hiding hidden commissions, etc. Yes, spreads are not very favorable, but they are calculated fairly and slippages are minimal. I set both market and pending orders and stops are triggered as they should be. I don't like the fact that the broker only allows bank accounts as a method of withdrawal, as it takes a long time and is quite costly. I hope FXTCR will listen to customer demands and add more modern payment methods.

FXTCR, özel avantajları olmayan sıradan bir brokerdir, ancak tüm yükümlülüklerini yerine getirir. Yaklaşık yarım yıldır kendisiyle işlem yapıyorum ve tüm bu süre boyunca fiyat kotasyonları ile ilgili herhangi bir manipülasyon, alım satım yönetmeliklerinin ihlali, gizli komisyonların saklanması gibi durumlarla karşılaşmadım. Evet, spreadler pek uygun değildir, ancak adil bir şekilde hesaplanırlar ve slippajlar minimum düzeydedir. Hem piyasa hem de bekleyen emirler belirledim ve stoplar olması gerektiği gibi tetikleniyor. Brokerin para çekme yöntemi olarak sadece banka hesapalarına izin vermesi hoşuma gitmiyor, çünkü bu işlem uzun sürüyor ve oldukça maliyetli. FXTCR'nin müşteri taleplerini dinleyeceğini ve daha modern ödeme yöntemleri ekleyeceğini umuyorum.

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skkccowk97
1 year ago

The reliability of Tacirler Yatirim is beyond doubt, so I conveniently opened a forex trading account with its subsidiary FXTCR. The conditions for providing services are set by the CMB regulator, so the leverage is low, there are no bonuses and the initial deposit amount cannot be less than 50,000 TL. At the same time, the broker offers MetaTrader 4, which in my opinion is the most convenient trading platform. But its spreads are higher than the spreads of international companies registered outside Turkey. All monetary transactions can only be made by bank transfer. But you can withdraw US dollars as well as lira (for a fee, of course).

Tacirler Yatırım'ın güvenilirliği şüphe götürmez, bu yüzden rahat bir şekilde yan kuruluşu FXTCR ile bir forex alım satım hesabı açtım. Hizmet sağlama koşulları SPK düzenleyicisi tarafından belirlenmiştir, bu nedenle kaldıraç oranı düşüktür, bonus yoktur ve ilk para yatırma tutarı 50.000 TL'den az olamaz. Aynı zamanda, komisyoncu bence en uygun ticaret platformu olan MetaTrader 4'ü sunmaktadır. Ancak spreadleri, Türkiye dışında kayıtlı uluslararası şirketlerin spreadlerinden daha yüksektir. Tüm parasal işlemler yalnızca banka havalesi ile yapılabilir. Ama liranın yanı sıra ABD doları da çekebilirsiniz (tabii ki bir ücret karşılığında).

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anniewb3
2 years ago

Since the MT4 platform can be used for other purposes, I am glad that FXTCR provides the opportunity to work with it. I often copy other people's trades when I don't have the opportunity to follow the market, and the speed of order execution makes it easy for me to do so. I understand that FXTCR has quality servers and background software. The only negative is that withdrawals are slow here. Bank transfers take a long time, and the broker doesn't offer any other payment options. The range of currency pairs that can be traded is limited, so I recommend that you explore the options available with a demo account before opening a real account. Leverage - no higher than 1:10, spreads on major pairs - from 1.3 pips (but this is if the market is calm).

MT4 platformu başka amaçlar için de kullanılabildiğinden FXTCR’nin bu platformla çalışma olanağı sağlamasından memnunum. Piyasayı takip etme fırsatım olmadığı zamanlarda sık sık başkalarının işlemlerini kopyalıyorum. Emirlerin yürütülme hızı da bunu yapmamı kolaylaştırıyor. Anladığım kadarı ile FXTCR’nin kaliteli serverları ve arka plan yazılımları var. Tek negatif yön, burada para çekme işlemlerinin yavaş olması. Banka havaleleri uzun sürüyor, broker de başka ödeme seçeneği sunmuyor. İşlem yapılabilecek döviz paritesi yelpazesi sınırlı, o yüzden gerçek bir hesap açmadan önce bir demo hesabı ile mevcut seçenekleri incelemenizi tavsiye ederim. Kaldıraç - 1:10'dan yüksek değil, büyük çiftlerdeki spreadler - 1,3 pip'ten (ancak bu eğer piyasa sakinse).

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julianim16
2 years ago

The number of exotic currency pairs offered by Tajirler Investment is limited, and the spreads of the available ones are not very low. Apart from that, the broker does not charge any extra commission fees for trading. Of course, there are commissions for deposits and withdrawals, but these are charged by the banks and not by the broker. The commissions are not very small, but in the absence of electronic payment systems, these commissions have to be borne. You can follow important forex market data and manage your accounts by downloading the Tacirler Investment mobile app. You cannot trade on the app, MetaTrader is offered for this purpose. The broker has been in the market for a very long time and that's why I trust him.

Tacirler Yatırımın sunduğu ekzotik döviz çifleri sayısı sınırlıdır, mevcut olanların spreadleri de çok da düşük sayılmaz. Bunun dışında broker alım satım için herhangi bir eksta komisyon ücreti almamaktadır. Elbette para yatırımı ve çekimi yaparken komisyon olmaktadır ama bunlar broker tarafından değil bankalar tarafından talep edilmektedir. Alınan komisyonlar çok az da sayılmaz ama elektronik ödeme sistemleri de olmadığında bu komisyonlara katlanmak gerekiyor. Tacirler Yatırım mobil uygulamasını indirerek önemli forex piyasası verilerini takip edebilir ve hesaplarınızı yönetebilirsiniz. Uygulamada İşlem yapamazsınız, Bu amaç için MetaTrader sunulmaktadır. Broker çok uzun süredir piyasadır ve bu yüzden kendisine güvenim tam.

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andrewbg1
2 years ago

Until 2 years ago, I didn't know anything about forex trading. But then I decided to get into it professionally. I took a paid course from Tacirler Investment and after I finished it, I opened a trading account. During the training, I used a demo account to practice. I tried different strategies, indicators and advisors. I practiced a lot and traded whenever I had the opportunity. Now I can call myself an experienced trader. By the way, I haven't changed my broker. I'm not satisfied with everything without exception, but Tajirler Investment doesn't interfere with how you trade and doesn't cause any problems when you withdraw. The active pool may not be enough for everyone, but I find it quite sufficient. And I usually trade with exceptional currencies.

2 yıl öncesine kadar forex işlemleri ile ilgili hiçbir şey bilmiyordum. Ama sonra profesyonel olarak bu işle ilgilenmeye karar verdim. Tacirler yatırımın ücretli kursuna gittim ve bitirdikten sonra kendime bir alım satım hesabı açtım. Eğitim sırasında pratik yapmak için demo hesabı kullandım. Değişik stratejileri, indikatörleri ve danışmanları denedim. Çok fazla pratik yaptım ve her fırsat bulduğumda işlem yaptım. Artık kendime tecrübeli bir trader diyebilirim. Bu arada brokerimi de değiştirmedim. Her şeyden istinasız memnun değilim elbette ama, Tacirler yatırım nasıl işlem yaptığınıza karışmıyor ve çekim yaparken hiçbir şekilde sorun çıkarmıyor. Aktif havuzu herkes için yeterli olmayabilir ama bana gayet yeterli geliyor. Hem de ben genelde istisnai para birimleri ile işlem yapıyorum.

Score:
6.79/10

Trading Account Opening

To begin trading Forex through the Tacirler Yatırım conglomerate, follow the instructions provided below:

1

Visit the Tacirler Yatırım website and under the available services, click on Forex. On the page that opens, you'll find a link to the FXTCR website. Click on it to proceed.

Review of Tacirler Yatırım’s User Account — Initiating registration
Review of Tacirler Yatırım’s User Account — Initiating registration
Review of Tacirler Yatırım’s User Account — Initiating registration
Review of Tacirler Yatırım’s User Account — Initiating registration
2

Click on 'Open user account' to initiate the account creation process. Enter personal details: name, surname, phone number, and email. Create a password to secure your user account from unauthorized access. Confirm your email by following the instructions on the screen, enter your login and password in the authorization window.

Review of Tacirler Yatırım’s User Account — Registration
Review of Tacirler Yatırım’s User Account — Registration
Review of Tacirler Yatırım’s User Account — Registration
Review of Tacirler Yatırım’s User Account — Registration
3

Functions of the Tacirler Yatırım (FXTCR) user account:

1. Open a live account:
Review of Tacirler Yatırım’s User Account — Open a new live account
Review of Tacirler Yatırım’s User Account — Open a new live account
2. Making a deposit:
Review of Tacirler Yatırım’s User Account — Deposit funds
Review of Tacirler Yatırım’s User Account — Deposit funds

1. Open a live account:
Review of Tacirler Yatırım’s User Account — Open a new live account
Review of Tacirler Yatırım’s User Account — Open a new live account
2. Making a deposit:
Review of Tacirler Yatırım’s User Account — Deposit funds
Review of Tacirler Yatırım’s User Account — Deposit funds

The user account allows you to:

  • Verify and confirm your residence;

  • Set up the MT4 trading platform;

  • Manage account and internal wallet;

  • Withdraw profits;

  • Select preferred notification types and their delivery method (via phone, SMS, or email).

Score:
We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
6.8/10

Regulation and safety

Tacirler Yatırım (FXTCR) has a safety score of 6.8/10, which corresponds to a Medium 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.

Advantages
  • Is regulated
  • Track record over 34 years
Disadvantages
  • Not tier-1 regulated
  • No negative balance protection

Tacirler Yatırım (FXTCR) Regulators and Investor Protection

Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level
SPK (Turkey) Sermaye Piyasası Kurulu (SPK) – Capital Markets Board of Turkey Turkey TL 160,000 Tier-2

Tacirler Yatırım (FXTCR) Security Factors

Foundation date 1991
Negative balance protection No
Verification (KYC) Yes
Score:
We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
6/10

Commissions and fees

The trading and non-trading commissions of broker Tacirler Yatırım (FXTCR) have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.

Advantages
  • No inactivity fee
  • No deposit fee
  • No withdrawal fee
Disadvantages
  • Above-average Forex trading fees
  • No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Tacirler Yatırım (FXTCR) 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, Tacirler Yatırım (FXTCR)’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.

Tacirler Yatırım (FXTCR) Standard spreads

Tacirler Yatırım (FXTCR) Pepperstone OANDA
EUR/USD min, pips 0,5 0,5 0,1
EUR/USD max, pips 0,9 1,5 0,5
GPB/USD min, pips 0,5 0,4 0,1
GPB/USD max, pips 1,1 1,4 0,5

Does Tacirler Yatırım (FXTCR) support RAW/ECN accounts?

As we discovered, Tacirler Yatırım (FXTCR) 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 Tacirler Yatırım (FXTCR). This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Tacirler Yatırım (FXTCR) Non-Trading Fees

Tacirler Yatırım (FXTCR) 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
Score:
4.76/10

Account types

A trading account for over-the-counter markets is opened at FXTCR — a division that serves Forex traders. For trading on the stock market, it's necessary to open an investment or futures account directly with Tacirler Investment Securities Inc. All Forex traders trade on equal terms regardless of the deposited amount.

Account Types:

Account Type
Description
User
a single account type for trading currencies and CFDs in over-the-counter markets. Designed for retail traders with Turkish citizenship.

The company offers the MT4 platform, supporting the creation of demo accounts. They are opened for free without requiring any deposits, but registration on the FXTCR website is necessary.

Tacirler Yatırım offers transparent trading conditions without differentiating accounts based on fee types. The fee size per transaction depends solely on the market situation and the asset, not the account type.

Score:
This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
3/10

Deposit and withdrawal

Tacirler Yatırım (FXTCR) received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

Tacirler Yatırım (FXTCR) offers limited payment options and accessibility, which may impact its competitiveness.

Advantages
  • No withdrawal fee
  • Bank wire transfers available
  • Low minimum withdrawal requirement
  • No deposit fee
Disadvantages
  • No bank card option
  • Limited deposit and withdrawal flexibility, leading to higher costs
  • Minimum deposit above industry average

What are Tacirler Yatırım (FXTCR) deposit and withdrawal options?

Tacirler Yatırım (FXTCR) offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making Tacirler Yatırım (FXTCR) less competitive for those seeking diverse payment options.

Tacirler Yatırım (FXTCR) Deposit and Withdrawal Methods vs Competitors

Tacirler Yatırım (FXTCR) 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 Tacirler Yatırım (FXTCR) base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Tacirler Yatırım (FXTCR) supports the following base account currencies:

What are Tacirler Yatırım (FXTCR)'s minimum deposit and withdrawal amounts?

The minimum deposit on Tacirler Yatırım (FXTCR) 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 Tacirler Yatırım (FXTCR)’s support team.

Score:
The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change.
4/10

Markets and tradable assets

Tacirler Yatırım (FXTCR) offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 40 Forex pairs.

Advantages
  • 40 supported currency pairs
  • Copy trading platform
Disadvantages
  • Indices not available
  • Crypto trading not available

Tacirler Yatırım (FXTCR) Supported markets vs top competitors

We have compared the range of assets and markets supported by Tacirler Yatırım (FXTCR) with its competitors, making it easier for you to find the perfect fit.

Tacirler Yatırım (FXTCR) Plus500 Pepperstone
Currency pairs 40 60 90
Total tradable assets 2800 1200
Stocks No Yes Yes
Commodity futures Yes Yes Yes
Crypto No Yes Yes
Stock indices No Yes Yes
Options No Yes No

Investment options

We also explored the trading assets and products Tacirler Yatırım (FXTCR) offers for beginner traders and investors who prefer not to engage in active trading.

Tacirler Yatırım (FXTCR) Plus500 Pepperstone
Bonds No No No
ETFs No Yes Yes
Copy trading Yes No Yes
PAMM investing No No Yes
Managed accounts No No No
Score:
7.93/10

Customer support

Information

Company operating hours: Monday to Friday from 9:00 to 18:30 (GMT+3). During this time, its staff handles phone calls and provides support to clients and traders without trading accounts. Emails can be sent at any time.

Advantages

  • Phone support available through company representatives
  • The feedback form allows the inclusion of both email and phone numbers for contact

Disadvantages

  • No Live Chat on the website
  • Traders are not serviced on Saturdays and Sundays

Contacting the company's support can be done via the following methods:

  • by phone;

  • via fax;

  • through email;

  • using the feedback form;

  • visiting a physical office.

Service is exclusively provided in Turkish, as the broker caters solely to Turkish citizens.

Contacts

Foundation date 1991
Registration address Tacirler Yatırım Menkul Değerler A.Ş., Nispetiye Cad. B3 Blok Kat 9 Akmerkez Etiler / İstanbul, Türkiye
Regulation CMB, YTM
Official site https://www.fxtcr.com/
Contacts
0850 251 4040
Score:
5.49/10

Education

Information

There is no educational material available on Tacirler Yatırım's website, only reports, research, and analytical reviews are provided to assist professional traders. However, the Forex division's website, FXTCR, features an education section specifically tailored for beginners, offering a wealth of useful information.

Information available in the Education & Support section
Information not available in the Education & Support section
Basics of trading for beginners
Analysis of the most popular indicators among traders
Advanced education for experienced traders
Methodologies for risk management in Forex trading
Description of fundamental data and their use in market analysis
Trading psychology
Glossary of financial terms
Guidelines for creating your own trading strategy
MT4 user manual
Video tutorials on setting up and using trading platforms
Descriptions of social trading as a passive income strategy

Tacirler Yatırım is a licensed investment company, thus offering professional trading education to its clients on a paid basis. For free training, one needs to use a demo account.

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Trading
platform
MetaTrader4 MetaTrader5 MT4, MT5, TradingView MT4, MT5, MobileTrading, XM App Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 Pocket Option, MT5, MT4
Min deposit $2000 No $100 $5 $10 $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 1:2000
From 1:1
to 1:1000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 1.3 point From 0 points From 0 points From 0.8 points From 0 points From 1.2 point
Level of margin call
/ stop out
50%  /  20% No  /  50% 80%  /  50% 100%  /  50% 60%  /  No 30%  /  50%
Order Execution Market Execution Market Execution Market Execution Market Execution Market Execution, Instant Execution Market Execution
No deposit bonus No No No No No No
Cent accounts No No No No Yes No

Detailed review of Tacirler Yatırım

Tacirler Yatırım stands as one of the leading investment companies in Turkey, offering a wide range of services in financial markets. Regardless of the trading type (exchange or OTC), it ensures swift order processing, precise pricing, and quotes from major liquidity providers. The broker is supported by a team of experienced analysts, managers, technical support, and IT specialists. All of this facilitates comfortable round-the-clock trading with instant asset buying and selling at the best Borsa İstanbul prices.

Tacirler Yatırım by the numbers:

  • Over 30 years of overall experience in financial markets, with more than 8 years in the online format;

  • Company's capital exceeds TRY 815 million.

  • Assets at the end of 2022 was 4.403 billion Turkish liras;

  • Tacirler Yatırım is the largest minority shareholder of Takasbank, Turkey's central clearing and settlement organization, owning a 5% share in the bank's capital.

FXTCR, a subdivision of Tacirler Yatırım, provides Turks access to the Forex market

After registering on the FXTCR website and opening a user account, access becomes available to 40 currency pairs, WTI and Brent oil, copper, and energy resource futures. Trading is also possible with 9 U.S., Australian, EU, UK, and Japan indices, including the most traded American indices Nasdaq 100, S&P 500, and Dow Jones 30. Silver, palladium, and platinum are traded against the USD, while gold is paired with the USD and EUR. The broker aims to shield clients from very high spreads during market openings and closings, hence trades commence on Monday and conclude on Friday. All accounts have position rollover swaps for the next trading day, but for some assets, these swaps are positive, bringing profit rather than losses to traders.

Tacirler Yatırım (FXTCR) offers classic MetaTrader platforms in the most user-friendly MT4 version. Within the client's account, they can download the desktop platform with advanced analysis capabilities or mobile applications, enabling trading without being tied to a specific location. WebTrader is not available.

Useful Functions of Tacirler Yatırım:

  • Tacirler Mobile – a mobile application to track market data for the currency and stock markets;

  • Forex newsletter containing forecasts for the most traded assets, intraday analysis, fundamental data, and weekly market reports;

  • Market analysis by experienced analysts in video format on the broker's YouTube channel;

  • Trading charts for currency markets, stock indices, and commodities indicate early market closure.

Advantages:

1

The broker offers a diverse range of services, from Forex trading to investing in asset portfolios;

2

Clients receive quotes from the Istanbul Stock Exchange through more than 50 suppliers;

3

Tacirler Yatırım partners with major banks in Turkey and Europe, ensuring no delays in payments when the requisites are correctly specified;

4

The company publishes reports with financial indicators and quarterly performance every three months;

5

Traders' investments are protected by regulators, and in case of the broker's bankruptcy, client losses will be compensated through a compensation program.

Separate accounts in banks are used to store traders' funds, preventing their use in Tacirler Yatırım's operations. Additionally, the company collaborates with major depositories, ensuring the safety of purchased securities for clients trading on the stock market.

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