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More about Monex
Broker availability
Is Monex Available in 🇹🇷 Turkey?
No — Monex is not available in Turkey
Monex does not accept new account registrations from Turkey as of 2026. See alternatives available in Turkey ↓
Availability last verified: October 2026
Broker availability in 🇹🇷 Turkey
152 / 341 brokers152 out of 341 brokers in our database accept clients from Turkey (45% availability). See all available brokers →
Find a broker available in Turkey
Monex doesn't accept Turkey traders — get matched to one that does, by market, style and budget.
Trading regulation in 🇹🇷 Turkey
Regulator
BDDK & SPK (Capital Markets Board)
Max leverage (forex)
1:10
Max leverage (stocks)
1:3
Permitted instruments
Forex, Stocks, Futures, Options
Turkey introduced strict leverage caps in 2017. Only SPK-licensed brokers can legally offer leveraged forex to Turkish residents.
Monex vs alternatives in 🇹🇷 Turkey
| Regulator | SEC, FSA | FCA, CySEC | FCA, ASIC | MAS, ASIC |
| Min. deposit | $0 | $100 | $100 | $100 |
| Spread from | 0 pips | 1 pips | 0.6 pips | 0.9 pips |
| Max leverage | 3 | 500 | 500 | 400 |
| Available | ✗ No | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Recommended brokers available in 🇹🇷 Turkey
These brokers accept clients from Turkey and are regulated by reputable authorities.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- Good educational content
- Regulated in 6 jurisdictions
- No commission on most accounts
- 24/7 trading on synthetic indices
- No commission on most products
- Very low minimum deposit ($5)
Other brokers also not available in 🇹🇷 Turkey
These well-known brokers also do not accept clients from Turkey.
About Monex
Regulated by
SEC, FSA
Headquarters
Tokyo, Japan
Founded
1999
Min. deposit
$0
BrokerRank score
3.54 / 5
Markets
stocks, forex, crypto
Frequently Asked Questions
1Is Monex available in Turkey?
No — Monex does not accept clients from Turkey as of 2026. This is due to regulatory restrictions. Traders from Turkey should look for brokers that are locally licensed or specifically accept Turkey clients.
2Why is Monex not available in Turkey?
Monex has chosen not to accept clients from Turkey, likely due to local regulatory requirements or compliance decisions. Brokers sometimes exclude certain countries to limit regulatory overhead.
3What are the best alternatives to Monex for Turkey traders?
Brokers we recommend in Turkey include ForTrade, FxPro, AvaTrade. All are verified to accept clients from Turkey and are regulated by reputable authorities.
4Can I use a VPN to access Monex from Turkey?
Using a VPN to circumvent geo-restrictions violates Monex's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
5Is forex trading legal in Turkey?
Yes — forex trading is legal in Turkey and regulated by BDDK & SPK (Capital Markets Board). The maximum permitted leverage for forex is 1:10. Only brokers licensed in Turkey or operating under an approved passporting arrangement can legally serve retail clients.
6What leverage is available for traders in Turkey?
Forex: up to 1:10. Stocks: up to 1:3. These limits are set by BDDK & SPK (Capital Markets Board) and apply to all licensed brokers serving Turkey residents. Turkey introduced strict leverage caps in 2017. Only SPK-licensed brokers can legally offer leveraged forex to Turkish residents.
7Which financial instruments can traders in Turkey access?
Traders in Turkey regulated by BDDK & SPK (Capital Markets Board) can access the following instruments: Forex, Stocks, Futures, Options. Turkey introduced strict leverage caps in 2017. Only SPK-licensed brokers can legally offer leveraged forex to Turkish residents.
8Which brokers accept clients from Turkey?
152 out of 341 brokers in the BrokerRank database accept clients from Turkey. Recommended options include ForTrade, FxPro, AvaTrade. You can see the full list on our Turkey brokers page.