Overview of EKSPRES YATIRIM
EKSPRES YATIRIM, a Turkish brokerage firm founded in 2016, offers forex trading, BIST Stock Market access, and VİOP derivatives for clients. They provide three account types (VIP, PREMIUM, GOLD) with varying spreads. Trading platforms include MetaTrader 4, Web Trader, and Mobile Trader. Although educational resources are plentiful, information regarding regulatory licenses and minimum deposit is lacking. Customer support is available via phone, email, and mobile messaging.
Pros and Cons
Pros:
Variety of Market Instruments: EKSPRES YATIRIM offers a diverse range of investment opportunities, including forex trading, access to the BIST Stock Market (Turkish stock exchange), and VİOP derivatives (futures and options contracts). This allows clients to diversify their portfolios and potentially hedge against market risks.
Multiple Account Types: EKSPRES YATIRIM satisfies different investor needs by offering three account types. VIP accounts offer the tightest spreads, ideal for experienced traders seeking optimal execution. PREMIUM accounts provide a good balance between spreads and fees, suitable for a wider range of traders. GOLD accounts satisfy beginners with wider spreads in exchange for potentially lower commissions.
Diverse Trading Platforms: EKSPRES YATIRIM offers flexibility by providing three popular trading platforms. MetaTrader 4 is a powerful desktop platform with advanced charting tools and automated trading capabilities. Web Trader allows trading from any web browser without software downloads. Mobile Trader provides convenient access to markets from smartphones and tablets.
Customer Support via Phone, Email, Mobile Messaging: EKSPRES YATIRIM offers multiple channels for customer support, making it easy for clients to get assistance. They can reach support via phone, email, or mobile messaging.
Rich Educational Resources: EKSPRES YATIRIM provides a wealth of educational resources, including daily bulletins, technical bulletins, articles, and analysis. This can be valuable for learning about forex trading, technical analysis, fundamental factors, and market trends.
Cons:
Unclear Regulatory Status: The information doesn't explicitly mention any specific regulatory licenses held by EKSPRES YATIRIM. While KAP membership and an LEI suggest they might be operating under a framework, confirmation from a relevant Turkish regulatory body is highly recommended.
Limited Deposit/Withdrawal Methods: EKSPRES YATIRIM currently offers bank transfers and electronic fund transfers (EFT) for deposits and withdrawals. This is limiting for some clients who prefer other payment methods like debit/credit cards or e-wallets.
Educational Resources in Turkish Only: Educational resources are only available in Turkish, which could be a barrier for non-Turkish speaking clients.
Regulatory Status
EKSPRES YATIRIM doesn't hold any specific regulatory licenses. Some clues suggest they might be operating under a regulatory framework.
EKSPRES YATIRIM being a member of KAP, which is the Public Disclosure Platform in Turkey. Membership in KAP often indicates a company's adherence to regulations regarding transparency and public disclosure. An earlier search indicated EKSPRES YATIRIM has a Legal Entity Identifier (LEI). LEI is a global identification system for legal entities and is often required by financial regulations.
Market Instruments
EKSPRES YATIRIM is a brokerage firm that offers a wide range of products and services to its clients. These products and services can be broadly categorized into three main groups:
Forex: EKSPRES YATIRIM offers forex trading services, which allows clients to buy and sell currencies, such as EUR/USD and USD/TRY, as well as gold, silver, and oil. Clients can use leverage to magnify their potential returns, and they can trade 24 hours a day, 5 days a week.
BIST Stock Market: EKSPRES YATIRIM also offers trading services on the BIST Stock Market, which is the main stock exchange in Turkey. Clients can buy and sell shares of companies from a variety of sectors, as well as rights of precedence coupons, stock investment funds, warrants, and certificates. EKSPRES YATIRIM transmits client orders directly to Borsa İstanbul, and clients' shares are held in their name at the Central Registry Agency.
VİOP: EKSPRES YATIRIM offers trading services on VİOP, which is the Derivatives Market of Borsa İstanbul. VİOP offers futures and options contracts on a variety of underlying assets, including equity indices, interest rates, and currencies. Clients can use VİOP to hedge their portfolios or to speculate on the direction of the market.
Account Types
EKSPRES YATIRIM offers three types of accounts: VIP, PREMIUM and GOLD.
VIP Account is designed for experienced traders who demand the tightest spreads and the most competitive trading conditions. This account type offers the lowest spreads on all instruments, including EURUSD, USDCHF, GBPUSD, etc.
PREMIUM Account offers a good balance between tight spreads and competitive fees, making it a suitable choice for a wide range of traders. The spreads on this account type are slightly wider than the VIP account, but still competitive.
GOLD Account is designed for new traders or those who prefer wider spreads in exchange for lower commissions. This account type has the widest spreads among the three, but it is more attractive to new traders who are just starting out.
How to Open an Account？
To open an account with EKSPRES YATIRIM, you'll need to follow these steps:
Navigate to EKSPRES YATIRIM's Account Opening Page: Navigate to the official EKSPRES YATIRIM website (http://www.ekspresforex.com/analizler) to begin the account opening process. Look for a designated section or button for “Open an Real Account”.
Choose your Account Type: As you described earlier, EKSPRES YATIRIM offers VIP, PREMIUM, and GOLD accounts. Select the account type that best suits your trading experience and preferences based on the information you obtained previously.
Fill out the Online Application Form: The application form will likely request personal information such as your name, address, phone number, email address, and date of birth.
Fund your Account: Once your application and documents are approved, you'll need to deposit funds into your new EKSPRES YATIRIM account.
Spreads & Commissions
Spreads differ based on the account type (VIP, PREMIUM, GOLD), with VIP having the tightest spreads.
For detailed instructions please see the following website (http://www.ekspresforex.com/hesap-islemleri/hesap-turleri)
EKSPRES YATIRIM does not charge any commission for money transfer transactions. However, there are deductions from your bank. You can transfer money in TRY, USD or EUR currencies. If the currency you send is different from the currency of your account, the sent collateral will be converted at the bank's exchange rate at that time and transferred to your investment account. Ekspres Yatırım does not make any profit or loss on this currency exchange.
Trading Platform
EKSPRES YATIRIM offers three trading platforms to its clients: MetaTrader 4, Web Trader, and Mobile Trader.
MetaTrader 4 is a popular desktop platform that offers a wide range of features, including charting tools, technical indicators, and automated trading capabilities. It is available for download on Windows and Mac computers.
Web Trader is a web-based platform that allows clients to trade without downloading any software. It is accessible from any computer with an internet connection.
Mobile Trader is a mobile app that allows clients to trade from their smartphones and tablets. It is available for iOS and Android devices.
All three platforms offer real-time quotes, news, and market analysis. They also allow clients to place orders, manage their positions, and view their account balances.
Deposit & Withdrawal
EKSPRES YATIRIM offers multiple payment methods for depositing and withdrawing funds. Clients can deposit funds via bank transfer (havale) or EFT (elektronik fon transferi) from their own bank accounts to EKSPRES YATIRIM's designated accounts at Akbank, Denizbank, Finansbank, İş Bankası, Odeabank, VakıfBank, Ziraat Bankası, and Ziraat Katılım Bankası.
For withdrawals, clients can request funds to be transferred to their own bank accounts held at any bank in Turkey. If the withdrawal request is in USD or EUR, the amount will be converted to TRY at the bank's exchange rate at the time of the transaction. EKSPRES YATIRIM does not charge any fees for this currency conversion. However, for SWIFT withdrawals in USD or EUR, there are fees charged by the corresponding banks, which are not borne by EKSPRES YATIRIM.
Customer Support
EKSPRES YATIRIM offers customer support through phone, email, and mobile messaging. Their customer support hours are Monday through Friday from 9:00 AM to 6:00 PM. You can reach them by phone at (0212) 412 7 777, by email at info@ekspresyatirim.com, or by mobile messaging at 0330053924900019.
Educational Resources
EKSPRES YATIRIM provides a variety of educational resources to help you learn about forex trading and make informed investment decisions. They offer daily bulletins, technical bulletins, and articles & analysis on their website to keep you up-to-date on market trends, technical analysis, macroeconomic factors, and fundamental factors. They also provide a newsletter and company reports to help you research individual stocks.
Conclusion
EKSPRES YATIRIM, a Turkish brokerage firm, offers forex, BIST Stock Market access, and VİOP derivatives for clients. They provide multiple account types with varying spreads and three popular trading platforms. However, a lack of regulatory transparency and limited deposit/withdrawal methods are drawbacks. Educational resources are plentiful, but only available in Turkish.
FAQs
Question: What investment opportunities does EKSPRES YATIRIM offer？
Answer: EKSPRES YATIRIM satisfies diverse investment interests by offering forex trading, access to the BIST Stock Market, and VİOP derivatives.
Question: What account types does EKSPRES YATIRIM have？
Answer: They provide three account options: VIP, PREMIUM, and GOLD. Each meets a different experience level with varying spreads .
Question: How can I access the EKSPRES YATIRIM trading platforms？
Answer: EKSPRES YATIRIM offers flexibility with three popular platforms: MetaTrader 4, Web Trader, and Mobile Trader.
Question: Does EKSPRES YATIRIM offer educational resources for new investors？
Answer: They provide a wealth of educational materials, including daily bulletins, technical bulletins, articles, and analysis, to help you learn about the markets.
Question: How can I contact EKSPRES YATIRIM for customer support？
Answer: EKSPRES YATIRIM prioritizes client service and offers multiple channels for support: phone, email, and mobile messaging.
