BtcTurk | Hisse
BtcTurk | Hisse is a fully digital, mobile-first retail brokerage platform operated by BtcTurk Yatırım Menkul Değerler A.Ş. in Turkey, offering self-service trading on Borsa İstanbul and US (NASDAQ/NYSE) equities via its mobile app, with fractional shares, T+0 settlement, and volume-tiered commissions.
- Company typePrivate
- Founded2021
- HeadquartersIstanbul, Türkiye
- Headcount11–50
- GTM typeB2C
- OfferingServices
What BtcTurk | Hisse does
BtcTurk | Hisse is a fully digital, mobile-first retail brokerage platform operated by BtcTurk Yatırım Menkul Değerler A.Ş., a Turkish anonim şirket incorporated on December 20, 2021 and headquartered in Istanbul. The company is a 100% subsidiary of BtcTurk Bilgi Teknolojileri Ticaret A.Ş. (paid-in capital of 730M TL, committed capital of 800M TL) and operates under a Capital Markets Board (SPK) authorization. Its core product is the BtcTurk | Hisse mobile application, distributed through iOS, Google Play, and Huawei AppGallery, offering a self-service interface for trading domestic equities on Borsa İstanbul (BIST), international equities on NASDAQ and NYSE (routed through DriveWealth), and access to IPOs, stock lending, portfolio brokerage, and limited custody services. A VİOP derivatives offering is positioned as forthcoming.
The platform's technology stack centers on a proprietary fair-market-value pricing engine that aggregates multiple US market data sources simultaneously to deliver best-price execution, alongside T+0 settlement (Hemen Kullan), fractional share trading starting from $1.00, margin-free trading, and free real-time market data. International clearing and custody are handled through Wedbush Securities, RBC Capital Markets, and Citibank NA, with SIPC protection up to $500K. Domestic custody is delivered through MKK and Eliptik Yatırım, with Takasbank as central counterparty for derivatives.
BtcTurk | Hisse generates revenue primarily through volume-tiered commission fees on stock transactions, with the tier structure cross-pollinated across BIST, US equity, and cryptocurrency trading volumes to favor high-volume, multi-asset customers. Additional revenue streams include T+0 settlement commissions and securities lending. The platform targets Turkish retail investors seeking low-cost, fully digital access to both domestic and US equities, with a secondary segment of long-term stock investors seeking shareholder rights and dividend access. The company employs 16 people and discloses no revenue figures.
BtcTurk | Hisse firmographics
Firmographics- Name
- BtcTurk | Hisse
- Legal name
- BtcTurk Yatırım Menkul Değerler A.Ş.
- Website
- https://hisse.btcturk.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BtcTurk | Hisse is a fully digital, mobile-first retail brokerage platform operated by BtcTurk Yatırım Menkul Değerler A.Ş. in Turkey, offering self-service trading on Borsa İstanbul and US (NASDAQ/NYSE) equities via its mobile app, with fractional shares, T+0 settlement, and volume-tiered commissions.
- Ownership category
- akta.pro rank
BtcTurk | Hisse industry classification
Industry- Product category
- Retail Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Brokerages & On/Off-Ramps (fiat rails, instant buy/sell) (FSAPADAG)
Keywords
Where BtcTurk | Hisse is headquartered
LocationHeadquarters
- HQ city
- Istanbul
- HQ country
- Türkiye
- HQ region
- Europe
Offices1 record
Markets served
BtcTurk | Hisse business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure, Others
Revenue model
- Stock Trading Commissions: BtcTurk | Hisse generates revenue primarily through commission fees charged on stock trading transactions. Commission rates are tiered based on trading volume, with lower commission rates applied as trading volume increases. The platform incorporates BIST and crypto asset trading volumes when determining commission rates for international stock trading.
- T+0 Early Cash Utilization Fees: The 'Hemen Kullan' (Immediate Use) feature for same-day stock sale proceeds settlement charges commission fees on transactions conducted through this service.
- Securities Lending: Stock loan services allow users to expand their investment horizons by using their existing stock holdings as collateral to increase their portfolio size.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Minimum $1.00 trade requirement for international markets |
| Transaction based/ take rate | Pay-as-you-go | Volume-based commission tiers |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
BtcTurk | Hisse product offering
Product offeringCore offering
BtcTurk | Hisse is a fully digital, mobile-first brokerage platform operated by BtcTurk Yatırım Menkul Değerler A.Ş. that enables Turkish retail investors to trade domestic stocks on Borsa İstanbul (BIST) and international stocks on NASDAQ and NYSE through a single mobile application. The platform offers fractional share purchases starting from $1.00, T+0 same-day settlement via the "Hemen Kullan" feature, 24/7 Turkish Lira deposits and withdrawals, free real-time market data, VİOP derivatives trading, IPO participation, stock lending, and limited custody services, generating commission-based revenue from transaction fees.
Product overview
BtcTurk | Hisse is a next-generation digital brokerage platform operated by BtcTurk Yatırım Menkul Değerler A.Ş., offering a unified mobile application through which customers can access multiple investment services. The core offering consists of the BtcTurk | Hisse mobile app, which serves as the primary interface for domestic stock trading (Yurt İçi Pay Piyasası via Borsa İstanbul), international stock trading (Yurt Dışı Pay Piyasası via NASDAQ/NYSE through DriveWealth), Vadeli İşlem ve Opsiyon Piyasası (VİOP) derivatives trading, portfolio management (Portföy Aracılığı), IPO participation (Halka Arza Aracılık), and limited custody services (Sınırlı Saklama). Key differentiators include fractional share purchasing starting from $1.00, same-day fund availability (Hemen Kullan T+0), 24/7 Turkish Lira deposits/withdrawals, and commission structures that factor in BIST and crypto asset trading volumes. The platform also offers stock lending and free real-time US market data.
Differentiator
Problem solved
Functional benefit
Products and services
- BtcTurk | Hisse Mobile Application A fully digital, next-generation investment mobile application enabling retail investors to trade domestic and US stocks, derivatives, IPOs, and related services without branch visits; available on iOS App Store, Google Play, and Huawei AppGallery.
- Yurt İçi Pay Piyasası (Domestic Stock Trading) Brokerage service for trading Borsa İstanbul Pay Market instruments, including shares, pre-emptive rights, exchange-traded funds, warrants, certificates, real estate investment fund units, and commodity certificates, targeted at Turkish retail investors.
- Yurt Dışı Pay Piyasası (International Stock Trading) Brokerage service providing retail investors with access to US-listed stocks on NASDAQ and NYSE through DriveWealth, with fractional share purchases from $1.00 and SIPC-protected custody via Citibank NA and clearing via Wedbush Securities and RBC Capital Markets.
- Vadeli İşlem ve Opsiyon Piyasası (VİOP) Trading Futures and options brokerage service offering contracts on Turkish stocks, indices, currencies (USD/TRY, EUR/USD), energy, commodities, precious metals, foreign indices, metals, TLREF, and government debt securities, with leverage, hedging, and margin earning capabilities, settled via Takasbank.
- Halka Arza Aracılık (IPO Participation) IPO brokerage service enabling retail investors to participate in public offerings conducted through exchange sales and subscription collection methods.
- Hisse Senedi Kredisi (Stock Lending) Stock lending service allowing investors to expand their investment portfolios by using their existing shareholdings as collateral in addition to cash and settlement receivables.
- Portföy Aracılığı (Portfolio Brokerage) Portfolio brokerage service in which BtcTurk Yatırım acts as counterparty for customer buy/sell orders in BIST Debt Instruments Market products, government bonds, treasury bills, and eurobonds.
- Sınırlı Saklama (Limited Custody) Custody service for capital market instruments covering safekeeping, settlement, optional interest collection, capital increases and dividend distributions, and withholding tax processing, provided in partnership with Eliptik Yatırım Menkul Değerler A.Ş.
Quantifiable outcome
- Minimum investment starting from $1.00 for international stocks
- +1 more outcomes
Companies that use BtcTurk | Hisse
Customer profileSegments2 records
Ideal customer profiles2 records
BtcTurk | Hisse technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature5 records
BtcTurk | Hisse partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Drivewealth LLCcoreDrivewealth LLC is a US-based financial technology company that has been operating since 2012, providing global market access for individual investors. BtcTurk | Hisse conducts its US stock market intermediary activities through Drivewealth, which enables Turkish investors to access US exchanges including Nasdaq and NYSE. Drivewealth supports trading in stocks, ETFs, US and international bonds, and digital assets through its platform.
- Wedbush Securities Inc.coreWedbush Securities Inc. is a US-based investment and custody institution. BtcTurk | Hisse conducts its clearing processes for international transactions through Wedbush Securities Inc. as part of its US market operations infrastructure.
- RBC Capital Markets LLCcoreRBC Capital Markets LLC is a US-based financial institution. BtcTurk | Hisse conducts its clearing processes for international transactions through RBC Capital Markets LLC as part of its US market operations infrastructure.
- Citibank NAcoreCitibank NA provides custody services for BtcTurk | Hisse's international stock market transactions, holding client assets in secure custody arrangements required for US stock trading.
- Eliptik Yatırım Menkul Değerler A.Ş.coreEliptik Yatırım Menkul Değerler A.Ş. is a Capital Markets Board-authorized Investment Institution that provides limited custody services for securities. It provides custody services related to the transaction intermediation and portfolio intermediation services offered by BtcTurk Yatırım. Customers require signing a Capital Markets Transactions Intermediation Framework Agreement for custody services.
- Securities Investor Protection Corporation (SIPC)coreSIPC is a nonprofit membership corporation that protects customers of SIPC-member broker-dealers. BtcTurk | Hisse's US trading partner is a SIPC member, protecting customers up to $500,000 (including $250,000 for cash claims) against broker failure.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
BtcTurk | Hisse competitors and assessment
Company assessmentOthers
- DriveWealth: US-based B2B fractional trading infrastructure provider that powers brokerages' access to US equities. BtcTurk | Hisse is itself a DriveWealth customer, and DriveWealth represents the upstream platform they would compete with if BtcTurk were to productize the US rails for other brokers.
Broad incumbents
- Interactive Brokers: Large global multi-asset brokerage with access to 150+ markets and tiered commission pricing. Overlaps with BtcTurk | Hisse on Turkish retail access to US equities and on volume-tiered commission mechanics, but serves a much broader institutional and active-trader base.
Direct peers
- eToro: Global multi-asset retail brokerage combining stocks and crypto with fractional share access and a mobile-first app. Comparable to BtcTurk | Hisse on multi-asset retail positioning and self-service onboarding model.
- Webull: Mobile-first digital brokerage offering fractional US shares, free real-time data, and extended-hours trading. Closely comparable to BtcTurk | Hisse on the product-feature mix aimed at cost-sensitive retail traders.
- TradeStation: Online broker-dealer offering self-directed equities, futures, and options trading through a digital platform with tiered commissions. Comparable to BtcTurk | Hisse across the multi-product breadth (cash equities + VIOP equivalents) and PLG-acquisition model.
- Midas: Turkey-based mobile-first retail investment app offering commission-based stock trading with a fully digital onboarding flow. Most direct local competitor to BtcTurk | Hisse on product, target segment, and GTM (PLG, app-store distribution).
- Robinhood: Mobile-first US retail brokerage that pioneered fractional share trading, commission-free equity trading, and instant settlement. Direct functional analogue to BtcTurk | Hisse on UX, product primitives (T+0, free real-time data), and target customer (self-directed retail).
Regional players
- Gedik Yatırım Menkul Değerler: Turkish broker-dealer providing BIST equity trading, VIOP, and digital channels to retail investors. Directly comparable to BtcTurk | Hisse on the Turkish retail-brokerage proposition and on multi-asset coverage (equities + derivatives).
- İş Yatırım Menkul Değerler: Turkey's largest traditional investment bank-affiliated brokerage, offering BIST equities, VIOP, and limited international access. Competes with BtcTurk | Hisse for Turkish retail equity flow but primarily through branch-based and web rather than a mobile PLG funnel.
- Garanti Yatırım Menkul Değerler: Bank-affiliated Turkish brokerage offering BIST equity, VIOP, and FX services for retail and institutional clients. Comparable local incumbent competing for the same Turkish retail-investor segment with broader distribution but a heavier, branch-led service model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BtcTurk | Hisse social profiles
Digital presenceBtcTurk | Hisse compliance and trust
Trust signalCompliance1 record
BtcTurk | Hisse financial estimates
Financial estimateRevenue estimate
Valuation estimate
BtcTurk | Hisse leadership team
Management profileNumber of profiles
Profiles4 records
BtcTurk | Hisse funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BtcTurk | Hisse M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BtcTurk | Hisse
What does BtcTurk | Hisse do?
BtcTurk | Hisse is a fully digital, mobile-first brokerage platform operated by BtcTurk Yatırım Menkul Değerler A.Ş. that enables Turkish retail investors to trade domestic stocks on Borsa İstanbul (BIST) and international stocks on NASDAQ and NYSE through a single mobile application. The platform offers fractional share purchases starting from $1.00, T+0 same-day settlement via the "Hemen Kullan" feature, 24/7 Turkish Lira deposits and withdrawals, free real-time market data, VİOP derivatives trading, IPO participation, stock lending, and limited custody services, generating commission-based revenue from transaction fees.
Is BtcTurk | Hisse a public or private company?
BtcTurk | Hisse is a private company. It is classified as corporate owned and is currently operating.
When was BtcTurk | Hisse founded?
BtcTurk | Hisse was founded in 2021. It employs 11 to 50 people.
Where is BtcTurk | Hisse based?
BtcTurk | Hisse is headquartered in Istanbul, Türkiye, in the Europe region.
How does BtcTurk | Hisse make money?
Three revenue lines are on record. Stock Trading Commissions are the primary driver. The others are T+0 Early Cash Utilization Fees and securities Lending.
Who are BtcTurk | Hisse's main competitors?
DriveWealth is listed as an others. Interactive Brokers is listed as a broad incumbent. Direct peers are eToro, Webull, TradeStation, Midas and Robinhood. Regional players are Gedik Yatırım Menkul Değerler, İş Yatırım Menkul Değerler and Garanti Yatırım Menkul Değerler.
Does BtcTurk | Hisse have an API?
No public API is recorded for BtcTurk | Hisse.
What industry is BtcTurk | Hisse in?
BtcTurk | Hisse's product category is Retail Brokerage. Its primary akta.pro industry code is FSAPADAG, Brokerages & On/Off-Ramps (fiat rails, instant buy/sell). Its NAICS code is 5231 and its SIC code is 6211.