NCM Investment

What NCM Investment does

NCM Investment Menkul Değerler A.Ş is a privately held, SPK-licensed (Capital Markets Board of Turkey, license G-022 (395)) full-service retail brokerage headquartered in Şişli, Istanbul, with a secondary contact office in Izmir. Founded in 2012, the firm serves Turkish retail investors, active traders, and select international clients through four account types — Forex (currency pairs, commodities, US stock CFDs), VİOP (Borsa Istanbul derivatives on indices, currencies, commodities, and single stocks), Hisse (Borsa Istanbul equities), and Yurt Dışı Hisse (international equities) — plus investment fund distribution.

The technology stack combines four proprietary platforms (NCM Trader Pro for domestic markets, NCM Boursa for global markets, NCM Web Trader for browser-based domestic access, and NCM Online Şube for online branch services) with third-party infrastructure (MetaTrader 4 and 5 from MetaQuotes, and Matriks). Onboarding is supported by a video-consultation account-opening flow alongside traditional digital self-service, and the firm maintains recurring market analysis content (daily bulletins, forex/stock/VİOP reports, model portfolios, video analyses on its YouTube channel @ncminvest-tr). Underlying exchange and clearing dependencies are handled through standard Turkish market infrastructure: Borsa Istanbul for execution, Takasbank for central clearing, and MKK for securities registry.

The business model is transaction-fee-based, generating revenue from spreads on Forex (including an interest-free Islamic-compliant option), commissions on VİOP and equity trades, and likely distribution fees on investment funds. Pricing is not publicly disclosed but is marketed as "low commission" across account types. The go-to-market is sales-led with product-led onboarding (free trial accounts), targeting horizontal retail use cases across four trading segments. With 11-50 employees and no disclosed funding, M&A activity, or revenue figures, NCM operates as a focused mid-sized Turkish brokerage competing primarily on platform breadth, regulatory legitimacy, and research content rather than scale or technology differentiation.

Name

NCM Investment

Legal name

NCM Investment Menkul Değerler A.Ş

Website

https://noorcm.com.tr

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

NCM Investment Menkul Değerler A.Ş is a privately held, SPK-licensed Turkish retail brokerage offering Forex, VİOP derivatives, domestic equities, international stocks, and investment funds through proprietary and MetaTrader-based platforms, primarily serving retail and active-trader clients across Turkey.

Ownership category

akta.pro rank

Headquarters

HQ city

Sisli

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Forex Trading Commissions: Revenue generated from spreads and commissions on Forex trading including currency pairs, CFDs on US stocks, and precious metals (gold, silver). The company offers 24-hour trading with fixed spreads and interest-free (faizsiz) transactions compliant with Islamic finance principles.
2. VİOP (Derivatives Exchange) Trading: Commission-based revenue from futures and options trading on Borsa Istanbul's VİOP platform including indices (BIST 30, BIST Banks, BIST Liquid 10), commodities, and currency contracts. Features low commission rates and margin collateralization.
3. Stock Trading (Hisse): Revenue from stock trading commissions on Borsa Istanbul equities with free stock and sector analyses provided. Features stock loans (kredili işlem) capability for leveraged positions.
4. International Stock Trading: Revenue from trading commissions on international stocks through dedicated Yurt Dışı Hisse accounts, providing access to US and global markets.
5. Investment Funds: Revenue from distributing investment funds to clients, likely through distribution fees or management company partnerships.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

NCM Investment is a SPK-licensed Turkish brokerage firm offering retail and institutional clients access to Forex trading, VİOP derivatives on Borsa Istanbul, domestic equity trading, and international stock trading through multiple proprietary and third-party platforms. Account opening is available via video consultation, with free trial accounts and live investment accounts spanning currency pairs, commodities, CFDs on US stocks, futures and options, Turkish equities, and global equities.

Product overview

NCM Investment Menkul Değerler A.Ş is a SPK-licensed brokerage firm (License G-022) offering a multi-platform trading ecosystem. The company operates a unified platform-plus-modules architecture comprising proprietary platforms (NCM Trader Pro, NCM Boursa, NCM Web Trader, NCM Online Şube) integrated alongside third-party platforms (MetaTrader 4, MetaTrader 5, Matriks). These platforms serve four core account types: Forex (currency pairs, commodities, CFDs), VİOP (Turkish derivatives), Hisse (domestic Borsa İstanbul stocks), and Yurt Dışı Hisse (international/global stocks). Customers also access investment funds. The product suite is designed for both domestic Turkish market access and global market exposure through a combination of in-house technology and licensed third-party trading infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• NCM Trader Pro: Platform for domestic markets (Yurt İçi Piyasalar)
• NCM Boursa
• NCM Web Trader
• NCM Online Şube

Products and services

• Forex Hesabı (Forex Account)
• VİOP Hesabı (Derivatives Exchange Account)
• Hisse Hesabı (Domestic Stock Account)
• Yurt Dışı Hisse Hesabı (International Stock Account)
• NCM Trader Pro
• NCM Boursa
• NCM Web Trader
• NCM Online Şube (Online Branch)
• MetaTrader 4 (NCM-branded)
• MetaTrader 5 (NCM-branded)
• Matriks
• Yatırım Fonu (Investment Funds)

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• Borsa İstanbul (BIST)coreStrategic or Co-development PartnerBorsa İstanbul is the primary exchange where NCM executes equity trades (Hisse) and derivatives trades through VİOP. The partnership provides access to BIST 30, BIST Banks, BIST Liquid 10 indices and equity trading, forming the core of NCM's domestic market operations.
• Takasbank (Merkezi Takas)coreStrategic or Co-development PartnerTakasbank (Central Securities Depository of Turkey) provides central clearing and guarantee services for NCM's transactions, ensuring settlement security and reducing counterparty risk through the Merkezi Takas Güvencesi (Central Clearing Guarantee) offered to customers.
• MKK (Merkezi Kayıt Kuruluşu)coreStrategic or Co-development PartnerMKK (Central Registry Agency of Turkey) maintains the central securities registry. NCM is connected to MKK e-Şirket system for corporate action processing and shareholder registry services, with official listing on KAP (Public Disclosure Platform).
• MetaQuotes (MetaTrader)coreTechnology or IntegrationMetaTrader 4 and MetaTrader 5 platforms licensed from MetaQuotes Software Corp. provide the core trading infrastructure for Forex and VİOP trading, with NCM Metatrader 4 and NCM Metatrader 5 branded platforms integrated into NCM's offering.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Gedik Yatırım: Publicly-traded Turkish brokerage offering Forex, VİOP, stocks, and investment funds through proprietary and third-party platforms. Highly comparable to NCM in scale, product mix, and independent (non-bank-affiliated) positioning.
• QNB Finansinvest: Bank-affiliated Turkish broker-dealer offering equities, VİOP, FX, and investment fund distribution. Direct competitor in the same multi-asset Turkish brokerage category with overlapping customer targets.
• İş Yatırım: One of Turkey's largest brokerages, providing retail and institutional trading in equities, derivatives, and FX through digital platforms. Directly comparable to NCM's multi-asset brokerage offering, though at substantially larger scale and with broader institutional coverage.
• Garanti Yatırım: Bank-affiliated Turkish brokerage offering equities, derivatives, FX, and investment funds trading. Direct competitor with similar product breadth to NCM and access to Garanti BBVA's captive customer base.
• Tacirler Yatırım: Independent Turkish brokerage providing equities, derivatives, and FX trading. Comparable mid-sized independent competitor to NCM in Turkish retail brokerage space with similar multi-platform distribution.
• Meksa Yatırım: Turkish brokerage offering multi-asset trading including Forex, VİOP, and Borsa Istanbul equities. Direct peer in scale, product offering, and independent positioning relative to NCM.
• Yapı Kredi Yatırım: Major Turkish brokerage providing Forex, VİOP, and stock trading services with digital platforms. Closely comparable to NCM in product offering, customer segments, and digital-first distribution model.
• Ak Yatırım: Turkish brokerage offering equities, derivatives, and FX trading through digital platforms. Direct competitor serving similar retail and active trader segments as NCM, including MT4/MT5-based Forex distribution.
• Osmanlı Yatırım: Turkish broker-dealer providing FX, derivatives, and equities trading through digital platforms. Comparable independent brokerage serving similar retail clients to NCM across multi-asset trading accounts.
• Deniz Yatırım: Turkish brokerage offering equities, derivatives, and FX trading services. Comparable to NCM in product scope, target customer base, and SPK-regulated multi-asset distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ncminvest_tr
• YouTubeyoutube.com/@ncminvest-tr
• Facebookfacebook.com/ncminvest.tr
• LinkedInlinkedin.com/company/noorcmtr
• Instagraminstagram.com/ncminvest.tr

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 NCM Investment