Marbaş Menkul Değerler

Name

Marbaş Menkul Değerler

Legal name

Marbaş Menkul Değerler A.Ş.

Website

https://marbasmenkul.com.tr

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (52315)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Multi-Asset / Cross-Asset Brokerage (FSAEACAM)

akta.pro secondary industries

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Fixed Income Brokerage (Bonds) (FSAEACAJ), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Securities brokerage services
• Derivatives trading
• Forex trading
• Algorithmic trading software
• IPO distribution

Headquarters

HQ city

Sisli

Offices16 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Securities Brokerage Commissions: The primary revenue stream is commission fees charged on securities transactions executed on BIST (Istanbul Stock Exchange), including stocks, bonds, and other capital market instruments. Commissions are calculated as a percentage of transaction value.
2. VİOP (Derivatives) Trading Fees: Commission revenue from futures and options trading on the Istanbul Derivatives Exchange (VİOP), including equity-index futures, currency futures, and commodity derivatives.
3. Forex/Kaldıraçlı Alım Satım: Revenue from leveraged forex trading services, charged via spreads and/or commission on currency and CFD transactions.
4. IPO (Halka Arz) Distribution Fees: Fees earned from facilitating and distributing initial public offerings and capital increases to retail and institutional investors.
5. Fixed Income Securities Trading: Revenue from trading government bonds, treasury bills, corporate bonds, and other fixed-income instruments.
6. Investment Fund Distribution: Revenue from distributing Gedik Yatırım's mutual funds, earning distribution fees based on fund sales volume.
7. Corporate Finance Services: Fees for IPO pricing determination (halka arz fiyat tespit) and other corporate finance advisory services.

Pricing tiers

Go-to-market motion3 records

Distribution channels9 records

Marketing channels11 records

Core offering

Marbaş Menkul Değerler is a full-service Turkish securities brokerage firm founded in 1990 that intermediates trading on Borsa İstanbul (BIST equities, VİOP derivatives), offers leveraged forex/CFD trading, distributes IPOs and fixed-income securities, and sells investment funds. It delivers these services through a hybrid branch and digital platform network built around proprietary trading software (MTrader-2, MTraderWeb, MARgoritma) supplemented by third-party platforms (Matriks, TradingView, ForInvest). The firm also provides corporate finance advisory, daily market research, and investor education through Marbaş Akademi.

Product overview

Marbaş Menkul Değerler is a full-service brokerage firm operating since 1990, offering a multi-platform trading ecosystem anchored by proprietary tools (MTrader-2, MTrader Web, MARBAŞ Web Trader) alongside integrated third-party platforms (Matriks Veri Terminali, Matriks Mobile, ForInvest FXPlus, ForInvest Trader). The product suite spans equities (Hisse Senedi) and derivatives (VİOP) on Borsa İstanbul, leveraged forex trading, IPO services (Halka Arz), fixed-income securities, and investment fund distribution. The firm differentiates through MARgoritma, its proprietary algorithmic trading assistant that automates strategy execution without coding, complemented by a comprehensive research division publishing daily bulletins and analytical reports. Education services are delivered through Marbaş Akademi, featuring in-person seminars and digital training. A network of physical branches across Turkey (Istanbul, Ankara, Antalya, Bursa, İzmir, and others) supplements the digital platform offering.

Differentiator

Problem solved

Functional benefit

Brands

• MARgoritma: Algorithmic trading platform allowing investors to create and execute automated trading strategies without programming knowledge.
• MTrader-2
• MTraderWeb
• ForInvest

Products and services

• Hisse Senedi (Equity Trading) Equity trading service on Borsa İstanbul (BIST) covering all market segments including stars, main, and sub-markets, for individual and institutional investors.
• VİOP (Derivatives Trading) Derivatives exchange trading covering futures and options on indices, commodities, and individual stocks on the Istanbul Derivatives Exchange (VİOP).
• ForInvest FXPlus (Leveraged Forex/CFD) Leveraged forex trading platform for currency pairs and CFD instruments.
• ForInvest Trader Forex and CFD trading platform with advanced charting and execution tools.
• Halka Arz (IPO Services) Initial Public Offering services including IPO price determination, investor allocation, and subscription management for new share issuances, for retail and institutional investors.
• Sabit Getirili Menkul Değerler (Fixed Income Securities) Fixed-income securities trading including government bonds, treasury bills, corporate bonds, and FX-indexed debt instruments, for individual and institutional clients.
• Yatırım Fonu Alım Satımı (Investment Fund Trading) Investment fund trading service, primarily distributing Gedik Yatırım mutual funds to retail and institutional clients.
• Halka Arz Fiyat Tespit (IPO Pricing and Valuation) IPO pricing and valuation advisory service for companies seeking to go public on Borsa İstanbul.
• Kurumsal Finansman (Corporate Finance) Corporate finance services including capital market advisory, M&A support, and strategic financing solutions for Turkish companies.
• Emir İletim Aracılığı (Order Transmission Intermediation) Order transmission intermediation service enabling clients to route orders through Marbaş's infrastructure for execution on Turkish capital markets.
• MTrader-2 Trading Platform Proprietary desktop and mobile trading application available on Windows, Mac, iOS, and Android offering real-time market data, charting, technical analysis tools, and direct order execution for stocks, derivatives (VİOP), and other capital market instruments.
• MTraderWeb Trading Platform Web-based trading platform enabling access to Turkish capital markets without software installation, with charting, market data, and order entry capabilities.
• Online Şube (Online Branch Portal) Online branch portal providing account management, fund transfers, position monitoring, and document handling for account opening and maintenance.
• MARBAŞ Web Trader In-house developed web-based trading interface for order entry and market monitoring.
• MARgoritma Algorithmic Trading Assistant Algorithmic trading assistant enabling investors to build, test, and automate trading strategies without coding, supporting alerts, semi-automated order preparation, and fully automatic execution based on technical indicators, news triggers, correlation analysis, and balance sheet metrics.
• Marbaş Akademi (Investor Education) Financial education platform offering seminars, training sessions, and digital educational content covering technical analysis, fundamental analysis, trading strategies, and capital markets basics for retail investors.
• Günlük Bülten (Daily Market Bulletin) Daily market bulletin providing overnight U.S. market summary, pre-market expectations, and intraday trading commentary for investors.
• Araştırma Raporları (Research Reports) Comprehensive research coverage including technical analysis reports, fundamental analysis, financial valuation models, company meeting notes, strategy reports, sector analysis, macro data reports, and weekly/monthly bulletins.
• Fon Analiz Sayfası (Investment Fund Analysis Tool) Online fund analysis tool accessible at fonanaliz.marbas.com.tr for evaluating investment fund performance and characteristics.
• Matriks Veri Terminali (Market Data Terminal) Third-party premium market data terminal providing comprehensive technical analysis, indicators, and real-time data for professional traders.
• Matriks Mobile Mobile companion to Matriks Veri Terminali for accessing market data and analysis on mobile devices.
• Misyon Bank Mobil (Mobile Banking Integration) Mobile banking application integration for account management, deposits, and withdrawals linked to brokerage accounts.

Quantifiable outcome

• Multiple IPO distributions currently active (Kardemir Çelik, Masfen Enerji, Albayrak Hazır Beton, Metgün Enerji, Şa-Ra Enerji) totaling billions of TL in offerings

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability5 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Gedik YatırımcoreChannel Partner/ Reseller/ DistributorGedik Yatırım is Marbaş's primary shareholder and strategic partner. Marbaş distributes Gedik Yatırım's investment funds to its customer base. This relationship provides Marbaş customers access to a wide range of mutual funds managed by one of Turkey's largest brokerage groups.
• TakasbankcoreOthersTakasbank (Istanbul Settlement and Custody Bank) is the central clearing and settlement institution for Turkish capital markets. Marbaş operates as a member of the Takasbank clearing system for settlement of all traded securities and derivatives.
• BorfinminorStrategic or Co-development PartnerBorfin is Turkey's leading financial education platform. Marbaş provides its customers with free access to Borfin's financial education courses and materials as part of its investor education initiative.
• AkbankminorOthersAkbank is one of Turkey's largest banks. Listed as a banking partner for fund transfers and customer account operations.
• Garanti BBVAminorOthersGaranti BBVA is a major Turkish bank. Listed as a banking partner for customer fund transfers.
• İşbankminorOthersİşbank (Türkiye İş Bankası) is Turkey's largest bank by assets. Listed as a banking partner for customer fund transfers.
• YapıkrediminorOthersYapıkredi bank is listed as a banking partner for customer fund transfers and account operations.
• DenizbankminorOthersDenizbank, part of Emirates NBD group, is listed as a banking partner for customer fund transfers.
• QNB FinansbankminorOthersQNB Finansbank is listed as a banking partner for customer fund transfers.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Gedik Yatırım: Major Turkish brokerage and Marbaş's primary shareholder. Offers equities, derivatives, mutual funds, and investment advisory across BIST, with overlapping product offerings and similar customer segments in the Turkish retail and institutional market.
• Deniz Yatırım: Mid-sized Turkish brokerage subsidiary of Denizbank (Emirates NBD group), offering BIST equities, derivatives, and funds. Similar in scale and product scope to Marbaş, serving both retail and institutional Turkish investors.
• Tacirler Yatırım: Independent Turkish brokerage firm offering BIST equities, derivatives, and investment advisory. Comparable to Marbaş as a standalone mid-market brokerage with similar product offerings and customer segments.
• Meksa Yatırım: Independent Turkish brokerage providing equities, derivatives, and portfolio management services. Comparable in size and positioning to Marbaş as a standalone Turkish brokerage targeting retail and institutional customers.

Broad incumbents

• İş Yatırım: Largest Turkish brokerage subsidiary (owned by İşbank), offering full-service brokerage across all BIST products. Competes directly with Marbaş in Turkish capital markets but benefits from parent bank's branch network, balance sheet, and customer base.
• Garanti Yatırım: Major Turkish brokerage subsidiary of Garanti BBVA, offering equities, derivatives, funds, and investment advisory. Comparable to Marbaş in product scope but significantly larger in scale and customer reach through parent bank distribution.
• Yapı Kredi Yatırım: Established Turkish brokerage subsidiary of Yapı Kredi bank, providing multi-asset brokerage services across BIST, derivatives, and fixed income. Direct competitor in Turkish retail and institutional brokerage with larger parent bank distribution.
• Ak Yatırım: Turkish brokerage subsidiary of Akbank, offering full-service trading across BIST, VİOP, forex, and funds. Competes with Marbaş across all major Turkish capital market segments with bank-owned scale advantages.
• QNB Finansinvest: Turkish brokerage subsidiary of QNB Finansbank, providing multi-asset brokerage, research, and investment banking services. Direct competitor in Turkish capital markets with bank affiliation and broader service portfolio.

Others

• Matriks Bilgi Dağıtım: Turkey's leading financial data and trading platform provider, integrated with Marbaş's product offering. Functions as a technology/infrastructure partner rather than direct competitor, but shapes the broader Turkish brokerage technology ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MARBAS_MENKUL
• YouTubeyoutube.com/c/Marba%C5%9FMenkulDe%C4%9Ferler
• Facebookfacebook.com/MarbasMenkulDegerler
• LinkedIntr.linkedin.com/company/marfx---marba%C5%9F-menkul-de%C4%9Ferler-a--%C5%9F-
• Instagraminstagram.com/marbasmenkul

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marbaş Menkul Değerler