Does Garanti BBVA have a mobile app for trading?

Yes. The broker supports Garanti FX Trader (iOS & Android) and Garanti BBVA Mobile, both offering real-time access to the markets with full trading functionality.

Are there any trading limitations for residents of restricted countries?

Yes. Residents from countries sanctioned by FATF—like Iran, North Korea, and Venezuela—cannot use Garanti BBVA’s trading services. This policy ensures compliance with international financial laws.

How is customer support provided and during what hours?

Support is available via call center, ticket system, and remote technical support (TeamViewer). Operating hours are 09:15 to 23:15 GMT+3, which accommodates active trading sessions.

Can I access international stock markets with Garanti BBVA?

Yes. Garanti BBVA provides access to international equities, with standard commissions of 0.3% or $6.8 per lot, depending on the market.

Is there an annual fee for maintaining an equity account?

Yes. Garanti BBVA charges an annual maintenance fee of TRY 500 for equity accounts. This covers platform access and administrative costs.

What is the minimum trade size for Forex?

The minimum trade size is 0.01 lots on Forex instruments, allowing for precise position sizing and risk management, particularly during the demo trading phase.

Does Garanti BBVA provide copy trading or PAMM services?

No. Garanti BBVA does not offer copy trading or PAMM accounts. However, clients can invest in managed portfolios and mutual funds through its investment arm.

Are there any promotional offers for new traders?

While Garanti BBVA Securities doesn’t directly offer trading promotions, the parent company provides retail banking promotions such as TRY 75,000 interest-free loans and TRY 15,000 pension rewards.

What are the advantages of trading with Garanti BBVA compared to global brokers?

Pros include: strong regulatory backing (CMB), real stock access, physical branches for in-person service, and local payment methods. However, leverage and platform variety are more conservative compared to brokers like FxPro or HFM.

Which financial instruments can I trade on Garanti BBVA?

You can trade a wide range of instruments: Forex pairs (40+), domestic and international stocks, indices, futures (VIOP), options, warrants, and commodities. This diverse portfolio makes Garanti BBVA a comprehensive multi-asset broker.

What is the spread and commission model?

Spreads and commissions at Garanti BBVA are variable, depending on the instrument and account type. Domestic stock trading can incur fixed commissions (~0.195%) or volume-based commissions (as low as 0.09%). For Forex and other markets, commissions are typically embedded in spreads.

Are there Islamic (swap-free) account options?

Yes. Garanti BBVA offers Islamic (interest-free) accounts that comply with Shariah principles, ensuring no swap/rollover fees on overnight positions. These are particularly suitable for Turkey’s majority-Muslim population.

What are the supported payment and withdrawal methods?

Garanti BBVA supports Bank Transfers, FAST Money Transfers, Western Union, and Credit/Debit Cards for both deposits and withdrawals. All methods are available via both branch access and online banking.

Does Garanti BBVA offer demo accounts?

Yes. A demo account is mandatory before opening a real account. Traders must use the demo for a minimum of 6 days and execute at least 50 trades, as per CMB regulations. This ensures only prepared clients enter the live market.

Which trading platforms does Garanti BBVA support?

Garanti BBVA offers several platforms: Garanti BBVA FX Trader (Android/iOS) for Forex, eTrader (iOS/Android) for equities, Garanti BBVA Mobile, and the web-based I-Trader. These platforms cater to both beginner and advanced users, with real-time data and multi-asset capabilities.

What leverage does Garanti BBVA offer on Forex trades?

Garanti BBVA provides a maximum leverage of 1:10 on Forex trades. This conservative leverage aligns with Turkey’s risk-averse regulatory standards and is aimed at protecting retail traders from excessive losses.

Is Garanti BBVA regulated, and by whom?

Yes. Garanti BBVA is regulated by the Capital Markets Board of Turkey (CMB), ensuring compliance with national financial laws and offering protections such as segregated client accounts and mandatory reporting obligations to Borsa Istanbul.

How can I open a real trading account with Garanti BBVA?

Opening a real account requires: (1) registering for a demo account, (2) trading for at least 6 days, and (3) completing 50 demo trades. After these prerequisites, you must complete a KYC process by submitting valid ID and address documentation. Only then will real trading access be granted.

What is the minimum deposit required to start trading Forex with Garanti BBVA?

50,000 TRY is the minimum deposit required to open a real Forex trading account with Garanti BBVA.

TradingFinder
Forex Brokers
Garanti BBVA Broker Review 2025

Writer:

Davit Kvaratskhelia

Reviewer:

Rajesh Sharma

Fact checker:

Eda Kaya

Modified:May 24, 2025

Garanti BBVA Broker Review 2025

Company:Garanti BBVA Securities

Founded:1991

Min Deposit:$50000

Max Leverage:10

Headquarter:

Istanbul, Turkey

US Accepted:

Options Real Shares Matriks and Ideal Data Terminals Futures Mobile Trading

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About

Garanti BBVA Securities is a Turkey-based brokerage company regulated by CMB. The broker charges a standard commission of $6.8 per lot for international markets and a minimum of 0.09% for Bursa Istanbul. It has 30 physical branches across Turkey and provides remote technical support via TeamViewer.

Contact

0212 384 10 10 GYatirimMusteriYonetimi@garantibbva.com.tr

Çiftçi Towers, Block No: 96, Unit No: 256, Barbaros Boulevard, Nisbetiye Neighborhood Beşiktaş, 34340, Istanbul, Turkey

Rank and Score

Pros and Cons

Account Types

Platforms

Pros

Reduced fees for high-volume traders

Strong regulatory framework

Multiple physical branches in Turkey

Real share trading

Cons

Limited FX assets

Complex product offerings

Demo trading requirement before getting a real account

No live chat feature

5 From 5.0

(1)

Rate this post

Garanti BBVA offers access to Forex, Futures, Options, and Equities markets. The minimum deposit for Forex trading is TRY 50,000. The broker supports various data terminals, including Matriks and Ideal.

Garanti BBVA; An Introduction to the Company and Its Regulatory Status

Garanti BBVA (formerly known as Garanti Bank) is Turkey's second-largest private bank, owned (86%) by the Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA).

The bank provides brokerage services through Garanti BBVA Securities.

Garanti BBVA Securities was titled the "Best Investment Bank" for five consecutive years from 2007 to 2011. Key features of the broker:

Minimum Deposit: TRY 50,000
Maximum Leverage: Up to 1:10
Chairman: Süleyman Sözen
CEO: Recep Baştuğ

The Forex broker operates under the regulatory oversight of the Capital Markets Board of Turkey (CMB), ensuring compliance with national and international financial regulations.

Garanti BBVA has been publicly listed on the Borsa Istanbul since 1990, offering a high level of corporate accountability. As a licensed member of the BIST stock exchange, Garanti BBVA submits quarterly and annual reports, and it holds client funds in segregated accounts to safeguard traders' capital.

Garanti BBVA Table of Key Features

Here’s a detailed list of the broker’s key features:

Broker	Garanti BBVA
Account Types	Real, Demo
Regulating Authorities	CMB
Based Currencies	TRY
Minimum Deposit	TRY 50,000
Deposit Methods	Bank Transfers, Western Union, FAST Money Transfers, Credit/Debit Cards
Withdrawal Methods	Bank Transfers, Western Union, FAST Money Transfers, Credit/Debit Cards
Minimum Order	0.01 lots
Maximum Leverage	1:10
Investment Options	Real Shares, Asset Management
Trading Platforms & Apps	Garanti BBVA Mobile, I-Trader, eTrader, FX Trader
Markets	Equities, VIOP, Stock, Futures, Warrants, Forex
Spread	Variable based on the instrument
Commission	Variable based on the instrument
Orders Execution	Market
Margin Call / Stop Out	N/A
Trading Features	Mobile Trading, Real Shares
Affiliate Program	N/A
Bonus & Promotions	No
Islamic Account	Yes
PAMM Account	No
Customer Support Ways	Call Center, Physical Branches, Technical Remote Support, Ticket
Customer Support Hours	09:15 / 23:15 (GMT+3)

Garanti BBVA Broker Account Types

Garanti BBVA Securities offers three account types: Domestic (Istanbul Borsa), International (Stocks and Equities), and FX. Here’s a brief look into Garanti BBVA FX account features:

Minimum Initial Margin: TRY 50,000
Requirement: Demo trading for at least 6 days and executing 50 trades
Forex pairs

Garanti BBVA Benefits and Drawbacks

Garanti BBVA Securities has received multiple awards, including "Best Investment Bank" in 2011 by the Global Finance and World Finance Banking Awards and the "Best Investment Bank" award from Euromoney in 2012.

Garanti BBVA Pros & Cons — Garanti BBVA Securities offers access to multiple data terminals, including Matriks and Ideal

However, to have a balanced view, we must weigh the broker’s advantages against its disadvantages.

Pros	Cons
Reduced fees for high-volume traders	Limited FX assets
Strong regulatory framework	Complex product offerings
Multiple physical branches in Turkey	Demo trading requirement before getting a real account
Real share trading	No live chat feature

Garanti BBVA Account Opening and KYC

In this Garanti BBVA review, we must mention that you must be over 18 and trade for a minimum of 6 days on a demo account to open a real account with the broker.

#1 Visit the Broker's Website

Visit the Garanti BBVA official website, then look for the "Open account" button. Afterwards, choose your account type.

#2 Fill Out the Form

Fill out the demo account registration form with the details required by the brokerage.

#3 Pass the Demo Trading Phase

For signing up with this broker, you must execute a minimum of 50 trades in at least 6 consecutive days of trading to become eligible for a Real account.

#4 Verify Your Identity

Provide identity documentation, including a driving license and identity card, and upload the residency proof (utility bill or bank statement) to pass the KYC and get access to all features and services with no limitations.

Garanti BBVA Broker Trading Platforms

The company offers four trading platforms for various devices, including mobile and PC.

Garanti BBVA eTrader Android (for Equities)
Garanti BBVA eTrader iOS (for Equities)
Garanti FX Trader Android
Garanti FX Trader iOS
Garanti BBVA Mobile Android
Garanti BBVA Mobile iOS
Garanti BBVA I-Trader (Web-based for equities)

Trading Costs

The broker offers two commission models for domestic stocks: fixed and volume-based. The commissions vary based on the trading market:

Volume-based commission for domestic stock: from 0.199% to 0.09%
Fixed commission for domestic stock: 0.1950%
Annual equity account maintenance fee: TRY 500
Futures (VIOP): 0.084%
Data monitoring packages: from TRY 0 to TRY 950
International stock: 0.3%
International markets standard commission: $6.8 per lot

Garanti BBVA Broker Payment Options

Garanti BBVA offers various payment options for depositing and withdrawing funds, including:

Bank Transfers
Western Union
FAST Money Transfers
Credit/Debit Cards

Garanti BBVA Investment Plans and Copy Trading?

The broker provides access to real stocks for investing and not just CFDs! It also features various investment funds and asset management services.

Investment Funds: Various funds catering to different investor profiles and goals
Stocks: Easy access to stock trading through Garanti BBVA Mobile and Internet Banking

Garanti BBVA Broker Trading Markets

Garanti BBVA Securities provides access to various assets, from the Forex market to Futures trading and Options.

Garanti BBVA Securities Trading Instruments — Garanti BBVA Securities provides access to Warrants trading

Forex: Over 40 currency pairs available through Garanti BBVA FX Trader
Stocks: Domestic and international stock markets
Indices: Trading on global indices
Commodities: Precious metals and energies
Derivatives: Futures and options trading on VIOP

Garanti BBVA Promotional Offerings

While the broker itself doesn’t offer promotional programs, its mother company provides various promotions, including:

Interest-free loan up to TRY 75,000
Up to TRY 15,000 for those who receive retirement pensions from the bank
Seasonal rewards

Garanti BBVA Support Channels

The broker has founded 30 branches throughout Turkey. It provides support from 9:15 to 23:15 (GMT+3) through various channels, including:

Phone: 4440630
Ticket: Through the “Contact Us” page
Technical Remote Support: TeamViewer

Garanti BBVA Restricted Countries

The company abides by the Financial Action Task Force (FATF) and doesn’t offer services in countries sanctioned by the authority, including:

Iran
North Korea
Myanmar
Algeria
Angola
Bulgaria
Cameroon
Croatia
Haiti
Kenya
Laos
Lebanon
Mali
Monaco
Nepal
Nigeria
South Sudan
Syria
Venezuela
Yemen

Garanti BBVA Geo-Restrictions — A list of restricted countries on Garanti BBVA broker

Client Satisfaction

Garanti BBVA reviews on platforms like Trustpilot paint a mixed picture. There are 13 comments; 92% are negative (1-star and 2-star), and only 8% are positive (4-star).

The Garanti BBVA Trustpilot profile has a poor score of 1.9 out of 5.

Educational Resources

The Garanti BBVA website features a research section offering various resources and reports, including:

Daily Bulletin: Weekly agenda and daily market reports
Company and Sector Reports: Financial analysis, company reports, strategy reports, and model portfolio updates
Macro Economic Reports

Compare Garanti BBVA with Other Brokers

Here's a table outlining the key differences between Garanti BBVA and some of its competitors:

Parameter	Garanti BBVA Broker	FxGlory Broker	FxPro Broker	HFM Broker
Regulation	CMB	None	FCA, FSCA, CySEC, SCB	Cent, Zero, Pro, Premium
Minimum Spread	Varies	0.1 Pips	0.0 Pips	0.0 Pips
Commission	Varies	None	From Zero	From Zero
Minimum Deposit	50,000 TRY	$10	$100	From $0
Maximum Leverage	1:10	1:3000	1:500	1:2000
Trading Platforms	Garanti BBVA Mobile, I-Trader, eTrader, FX Trader	MT4, MT5	MT4, MT5, cTrader, Web Trader, Mobile App	MT4, MT5, Mobile App
Account Types	Real, Demo	Standard, Premium, VIP, CIP	Standard, Pro, Raw+, Elite	Cent, Zero, Pro, Premium
Islamic Account	Yes	Yes	Yes	Yes
Number of Tradable Assets	N/A	50+	270+	1,000+
Trade Execution	Market	Market, Instant	Market, Instant	Market, Buy Stop, Stop Loss, Limit, Take Profit

Conclusion and Final Words

Garanti BBVA Securities provides real FX accounts with a requirement of 6 days demo trading and executing 50 demo trades.

It supports Western Union and FAST Money Transfers payment methods. The company has a low score of 1.9/5 on Trustpilot.

FAQs

What is the minimum deposit required to start trading Forex with Garanti BBVA?: 50,000 TRY is the minimum deposit required to open a real Forex trading account with Garanti BBVA.
How can I open a real trading account with Garanti BBVA?: Opening a real account requires: (1) registering for a demo account, (2) trading for at least 6 days, and (3) completing 50 demo trades. After these prerequisites, you must complete a KYC process by submitting valid ID and address documentation. Only then will real trading access be granted.
Is Garanti BBVA regulated, and by whom?: Yes. Garanti BBVA is regulated by the Capital Markets Board of Turkey (CMB), ensuring compliance with national financial laws and offering protections such as segregated client accounts and mandatory reporting obligations to Borsa Istanbul.
What leverage does Garanti BBVA offer on Forex trades?: Garanti BBVA provides a maximum leverage of 1:10 on Forex trades. This conservative leverage aligns with Turkey’s risk-averse regulatory standards and is aimed at protecting retail traders from excessive losses.
Which trading platforms does Garanti BBVA support?: Garanti BBVA offers several platforms: Garanti BBVA FX Trader (Android/iOS) for Forex, eTrader (iOS/Android) for equities, Garanti BBVA Mobile, and the web-based I-Trader. These platforms cater to both beginner and advanced users, with real-time data and multi-asset capabilities.
Does Garanti BBVA offer demo accounts?: Yes. A demo account is mandatory before opening a real account. Traders must use the demo for a minimum of 6 days and execute at least 50 trades, as per CMB regulations. This ensures only prepared clients enter the live market.
What are the supported payment and withdrawal methods?: Garanti BBVA supports Bank Transfers, FAST Money Transfers, Western Union, and Credit/Debit Cards for both deposits and withdrawals. All methods are available via both branch access and online banking.
Are there Islamic (swap-free) account options?: Yes. Garanti BBVA offers Islamic (interest-free) accounts that comply with Shariah principles, ensuring no swap/rollover fees on overnight positions. These are particularly suitable for Turkey’s majority-Muslim population.
What is the spread and commission model?: Spreads and commissions at Garanti BBVA are variable, depending on the instrument and account type. Domestic stock trading can incur fixed commissions (~0.195%) or volume-based commissions (as low as 0.09%). For Forex and other markets, commissions are typically embedded in spreads.
Which financial instruments can I trade on Garanti BBVA?: You can trade a wide range of instruments: Forex pairs (40+), domestic and international stocks, indices, futures (VIOP), options, warrants, and commodities. This diverse portfolio makes Garanti BBVA a comprehensive multi-asset broker.
What are the advantages of trading with Garanti BBVA compared to global brokers?: Pros include: strong regulatory backing (CMB), real stock access, physical branches for in-person service, and local payment methods. However, leverage and platform variety are more conservative compared to brokers like FxPro or HFM.
Are there any promotional offers for new traders?: While Garanti BBVA Securities doesn’t directly offer trading promotions, the parent company provides retail banking promotions such as TRY 75,000 interest-free loans and TRY 15,000 pension rewards.
Does Garanti BBVA provide copy trading or PAMM services?: No. Garanti BBVA does not offer copy trading or PAMM accounts. However, clients can invest in managed portfolios and mutual funds through its investment arm.
What is the minimum trade size for Forex?: The minimum trade size is 0.01 lots on Forex instruments, allowing for precise position sizing and risk management, particularly during the demo trading phase.
Is there an annual fee for maintaining an equity account?: Yes. Garanti BBVA charges an annual maintenance fee of TRY 500 for equity accounts. This covers platform access and administrative costs.
Can I access international stock markets with Garanti BBVA?: Yes. Garanti BBVA provides access to international equities, with standard commissions of 0.3% or $6.8 per lot, depending on the market.
How is customer support provided and during what hours?: Support is available via call center, ticket system, and remote technical support (TeamViewer). Operating hours are 09:15 to 23:15 GMT+3, which accommodates active trading sessions.
Are there any trading limitations for residents of restricted countries?: Yes. Residents from countries sanctioned by FATF—like Iran, North Korea, and Venezuela—cannot use Garanti BBVA’s trading services. This policy ensures compliance with international financial laws.
Does Garanti BBVA have a mobile app for trading?: Yes. The broker supports Garanti FX Trader (iOS & Android) and Garanti BBVA Mobile, both offering real-time access to the markets with full trading functionality.