Turkish Securities

What Turkish Securities does

Turkish Securities (Turkish Menkul Değerler A.Ş.) is a privately held Turkish brokerage and investment services firm established on December 31, 1996, operating as a subsidiary of TurkishBank Group. The company is licensed by the Capital Markets Board of Turkey (CMB) as a Partially Authorized Intermediary Institution, enabling brokerage, portfolio brokerage, individual portfolio management, investment advisory, underwriting/brokerage in public offerings, and limited custody services. It is headquartered in Şişli, İstanbul, with a paid-in capital of TRY 141,800,000 and a 28-employee workforce organized across one head office and four branches (Çiftehavuzlar, Caddebostan, and Nişantaşı in Istanbul, plus Izmir). Ownership is concentrated within the TurkishBank Group — Turkish Bank A.Ş. holds 64.74% and Türk Bankası LTD holds 35.26% — with both parents operating banking businesses across Turkey, Cyprus, and the United Kingdom.

The firm operates three core business lines plus a research function. Domestic Sales provides brokerage in equities, investment funds, futures and options (VIOP), warrants, certificates, and exchange-traded funds listed on Borsa Istanbul, accessible through the proprietary Internet Branch (isube.turkishmenkuldegerler.com) and third-party terminals (Matriks IQ, İdeal Data). Asset Management is delivered through the Açık Yatırım (Open Investment Platform) sub-brand, offering BPP money market funds, TRY and FX fixed income products, and investment funds. Corporate Finance covers debt and bond issuances, IPOs/SPOs, M&A advisory, and financial consulting, with a sub-line dedicated to T-Gate fintech startup advisory. A research division publishes daily Markets and Expectations Reports, weekly Financial Outlook Reports, investment fund reports, and thematic reports. Distribution leverages agency relationships with TurkishBank and TürkBankası in Cyprus, extending the firm's reach internationally without a standalone foreign brokerage entity.

Revenue is generated through transaction-based commissions on brokerage activity, asset management fees on managed products, and episodic professional-services fees for corporate finance mandates. Commission rates are calibrated to client trading frequency and portfolio weights, with data broadcasts offered free to low-commission clients. The customer base spans individual investors, corporate clients, and broader domestic capital market participants. There is no publicly disclosed revenue figure, no public market listing, and no evidence of venture or growth equity funding; the firm's capitalization is anchored in its paid-in capital and retained earnings.

Name

Turkish Securities

Legal name

Turkish Menkul Değerler Anonim Şirketi

Website

https://turkishmenkuldegerler.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Turkish Securities (Turkish Menkul Değerler A.Ş.) is a CMB-licensed Turkish brokerage and investment services firm and subsidiary of TurkishBank Group, offering domestic Borsa Istanbul brokerage, asset management via Açık Yatırım, and corporate finance advisory to individual and corporate clients across Turkey and Cyprus.

Ownership category

akta.pro rank

Product category

Securities Brokerage

NAICS

Investment Banking and Securities Intermediation (52315), Other Financial Investment Activities (5239)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Securities brokerage
• Investment services
• Asset management
• Corporate finance advisory
• Capital markets

Headquarters

HQ city

Istanbul

HQ country

Türkiye

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Brokerage Services: Brokerage services for capital market instruments including equities, investment funds, futures and options (VIOP), warrants, and certificates listed on Borsa Istanbul.
2. Asset Management: Asset management services including BPP (Money Market Funds), TRY and FX fixed income products, investment funds, and asset management deposits. Activities carried out through Open Investment Platform (Açık Yatırım).
3. Corporate Finance: Corporate finance services including debt and bond issuances, public offerings (IPOs & SPOs), mergers & acquisitions advisory, and financial consulting.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Turkish Securities is a CMB-licensed brokerage and investment services firm providing execution of trades on Borsa Istanbul (equities, investment funds, futures & options on VIOP, warrants, certificates, ETFs), asset management (money market funds, TRY and FX fixed income products, investment funds via the Açık Yatırım platform), and corporate finance advisory (debt and bond issuances, IPOs/SPOs, mergers and acquisitions, and financial consulting).

Product overview

Turkish Securities (Turkish Menkul Değerler A.Ş.) is a brokerage and investment services firm subsidiary of TurkishBank Group, established on December 31, 1996, with a paid-in capital of TRY 141,800,000. The company operates as a partially authorized intermediary institution licensed by the Capital Markets Board of Turkey (CMB). Its product portfolio spans three core divisions: Domestic Sales (providing equities, investment funds, futures & options on Borsa Istanbul, warrants, and certificates); Asset Management (offering BPP/money market funds, TRY and FX fixed income products, and investment funds under the Open Investment Platform — Açık Yatırım); and Corporate Finance (covering debt and bond issuances, IPOs/SPOs, M&A advisory, and financial consulting, including startup advisory through the T-Gate fintech ecosystem). A Research Reports division supports informed investment decisions with equity research, sector reports, and market updates. The company also provides an Internet Branch platform for online trading and operates four physical branches in Istanbul and Izmir.

Differentiator

Problem solved

Functional benefit

Brands

• Açık Yatırım (Open Investment Platform): Open investment platform under which asset management activities are carried out, including BPP (Money Market Funds), TRY & FX fixed income products, investment funds, and asset management deposits.
• T-Gate

Products and services

• Domestic Sales Brokerage Reliable and efficient order execution in domestic capital markets, providing clients professional brokerage access to Borsa Istanbul across equities, investment funds, futures & options (VIOP), warrants, certificates, and exchange-traded funds.
• Asset Management Management of financial assets including BPP (money market funds), TRY and FX fixed income products, investment funds, and asset management deposits, delivered through the Open Investment Platform (Açık Yatırım).
• Corporate Finance Advisory Comprehensive corporate finance services including debt and bond issuances, public offerings (IPOs & SPOs), mergers & acquisitions advisory, and tailored financial consulting for corporate clients optimizing capital structure and strategic decisions.
• Research Reports Equity, sector, and capital markets research reports — including daily Markets and Expectations Reports, weekly Financial Outlook Reports, Investment Funds Reports, and thematic reports — providing insights and data to help investors understand market developments.
• Open Investment Platform (Açık Yatırım) Open investment platform through which Turkish Securities delivers its asset management services, providing centralized access to BPP (money market funds), TRY and FX fixed income products, investment funds, and asset management deposits.
• T-Gate Fintech Ecosystem Fintech startup ecosystem platform that provides financial advisory and investment round management while connecting startups with investors to support their growth and fundraising processes; Turkish Securities extends its advisory services to T-Gate member startups through this channel.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• TurkishBankcoreChannel Partner/ Reseller/ DistributorTurkish Securities is a subsidiary of TurkishBank Group and has agency relationships with TurkishBank. TurkishBank conducts banking operations in three countries: Türkiye, Cyprus, and the United Kingdom. TurkishBank Group has over 125 years of experience.
• TürkBankası (Cyprus)coreChannel Partner/ Reseller/ DistributorTurkish Securities has agency relationships with TürkBankası located in Cyprus, extending its service reach to Cyprus markets.
• T-GateminorStrategic or Co-development PartnerT-Gate is a fintech startup ecosystem platform that provides financial advisory and investment round management while connecting startups with investors to support their growth and fundraising processes.
• Açık Yatırım (Open Investment Platform)coreStrategic or Co-development PartnerAsset management activities of Turkish Securities are carried out under Open Investment Platform (Açık Yatırım), providing money market funds, TRY/FX fixed income products, and investment funds.
• TurkishBank GroupcoreOthersParent company. TurkishBank Group includes: TurkishBank (banking in Türkiye, Cyprus, UK), Türk Sigorta (insurance), Turkish Digital Teknolojiler, Allied Turkish IBU, T-Gate fintech platform, Açık Yatırım, and others.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tacirler Yatırım Menkul Değerler: Independent Turkish brokerage offering equities and derivatives brokerage, asset management, and corporate finance advisory on Borsa Istanbul - direct competitor for advisory mandates and trading flow.
• Gedik Yatırım Menkul Değerler: Independent, mid-sized Turkish brokerage offering equities and derivatives trading, asset management, and corporate finance on Borsa Istanbul - comparable in scale and product breadth to Turkish Securities without a large-bank parent.
• Yapı Kredi Yatırım: Yapı Kredi's brokerage subsidiary offering equities and VIOP brokerage, portfolio management, and corporate finance on Borsa Istanbul - directly comparable in regulated multi-product model with bank-parent distribution.
• Deniz Yatırım Menkul Değerler: DenizBank's brokerage subsidiary offering brokerage, research, asset management, and corporate finance services on Borsa Istanbul - directly comparable as a bank-parented multi-product Turkish broker.
• Garanti Yatırım Menkul Değerler: Garanti BBVA's Turkish brokerage subsidiary providing equities/derivatives execution, asset management, and corporate finance services on Borsa Istanbul - directly comparable in product scope and bank-parent distribution model.
• Ak Yatırım Menkul Değerler: Akbank's brokerage arm, providing equities and derivatives execution, asset management, and corporate finance services on Borsa Istanbul - structurally analogous to Turkish Securities as a bank-affiliated full-service broker.
• Meksa Yatırım Menkul Değerler: Mid-sized Turkish brokerage providing equities and VIOP execution, investment funds distribution, and corporate finance services on Borsa Istanbul - directly comparable in scale and product mix to Turkish Securities.
• İş Yatırım Menkul Değerler: Subsidiary of İşbank, one of the largest full-service Turkish securities brokerages offering equities and VIOP brokerage, asset management, and corporate finance advisory on Borsa Istanbul - a near-direct mirror of Turkish Securities' three-pillar model at vastly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/turkishmd
• YouTubeyoutube.com/c/TurkishBankA%C5%9E
• Facebookfacebook.com/turkishmenkuldegerler
• LinkedInlinkedin.com/company/turkish-securities
• Instagraminstagram.com/turkishmenkuldegerler

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 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 Turkish Securities