Forex and CFD Brokers Turkey
urkey has its own regulatory authority called the Capital Markets Board of Turkey (CMB). The CMB is responsible for regulating and supervising the capital markets in Turkey, including the conduct of financial services providers.
The CMB oversees a wide range of activities, including the regulation of securities offerings, public companies, investment funds, brokerage firms, and other market participants. It aims to maintain fair and transparent markets, protect investors, and ensure the efficiency and stability of the Turkish capital markets.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.