Global Broker Regulation Inquiry App
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No Regulation
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/10
AKBANK
Turkey
|
5-10 years
|
Listed
Suspicious Regulatory License
|
Global Business
|
High potential risk
https://www.akbank.com/en-us/Pages/default.aspx
Website
Rating Index
Influence
Influence
AA
Influence index NO.1
Turkey 9.35Surpassed 15.50% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
bizeulasin@akbank.com
https://www.akbank.com/en-us/Pages/default.aspx
https://www.facebook.com/akbank
https://twitter.com/akbank
Licenses
No valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
2025-10-29
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2
Basic Information
Registered Region Turkey
TurkeyOperating Period
5-10 years
Company Name
AKBANK
Company Website
Facebook
Listing Information
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
Wiki Q&A
Comment
Listing Information
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Sources
Language
Mkt. Analysis
Creatives
Data Sources 
WikiResearch
WikiResearchWebsite
akbank.com
217.169.195.90
Server Location
TurkeyICP registration
--
Most visited countries/areas
--
Domain Effective Date
1996-01-23
Website
WHOIS.NETWORKSOLUTIONS.COM
Company
NETWORK SOLUTIONS, LLC.
Genealogy
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Relevant Enterprises
AKBANK AG
Active
Turkey
Registration No.
910437912
Established
2021-08-01
AKBANK T.A.S.(Malta)
Active
Malta
Registration No.
OC198
Established
2000-10-23
Employees
Company Summary
| AKBANK Review Summary | |
| Founded | 1948 |
| Registered Country/Region | Turkey |
| Regulation | No regulation |
| Financial Services | Expat Banking, Multinational Banking, Affluent Banking, Private Banking |
| Trading Platform | Akbank Mobile |
| Customer Support | Tel: 444 25 25 |
AKBANK Information
AKBANK, founded in Turkey in 1948, operates as an unregulated company offering a variety of specialized banking services, including Expat, Multinational, Affluent, and Private Banking. The company provides a mobile trading platform for investments and has a long-standing online presence, although specific fee details are not readily available.
Pros and Cons
| Pros | Cons |
| Long-established presence | Lack of regulation |
| Wide range of banking services | Lack of specific fee details |
| Limited channels for customer support |
Is AKBANK Legit?
AKBANK is an unregulated broker. The WHOIS search shows the domain akbank.com was registered on January 23, 1996. Its present state is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar. Please note the potential risks!
AKBANK Products and Services
- Expat Banking: AKBANK Expat Banking assists expats in Turkey with multi-currency banking, investments through Ak Securities and Ak Asset Management, travel benefits via Wings Card, tax advice, and tailored insurance, all managed by Expat Relationship Managers.
- Multinational Banking: AKBANK offers multinational corporations (MNCs) tailored banking solutions, including cash management, trade finance, treasury solutions, e-banking, financing needs, and corporate finance, supported by a dedicated team and robust infrastructure.
- Affluent Banking: AKBANK Affluent Banking provides professional services and advantages in banking products, along with financial consulting via dedicated affluent relationship managers. Their “1e1 Banking” offers valuable customers exclusive services and tailored financial advice through a personal relationship manager.
- Private Banking: AKBANK Private Banking offers tailored solutions and a personalized service to meet the specific needs and goals of its private banking clients. They aim to provide sophisticated financial management and advisory services.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Akbank Mobile | ✔ | iOS, Android | Investors of all experience levels |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Keywords
- 5-10 years
- Suspicious Regulatory License
- Global Business
- High potential risk
Wiki Q&A
seejay 
1-2 years
Is AKBANK safe and legit for me to trade with?
AKBANK is certainly a legitimate financial institution in terms of its history and experience, but its safety for trading purposes is a different matter entirely. The lack of regulation is the major risk when considering AKBANK for trading. Without being regulated, there is no guarantee that the bank adheres to the same strict financial practices and protections that regulated brokers do. While AKBANK may offer a wide range of services and has a mobile platform, it is essential to note that the absence of oversight can lead to a less secure trading environment. Trading platforms that are unregulated may expose clients to more significant risks, including potential fraud or the mishandling of funds. For me, as a cautious investor, I would think twice before trading with an unregulated entity. If security and investor protection are top priorities for you, AKBANK might not be the best option for you, especially if you're looking for peace of mind that comes with regulated trading environments. Given the lack of regulation, you should always be mindful of the risks involved and consider alternative options that provide more transparent practices and proper oversight.
Broker Issues
Regulation
08-27
United States
Five8
1-2 years
Does AKBANK have any cons?
Despite its long history and a broad range of services, AKBANK also has significant drawbacks. The most prominent of these is its lack of regulation. When choosing a financial institution or broker to work with, regulation is one of the most crucial factors to consider. Regulatory bodies such as the Financial Conduct Authority (FCA) in the UK or the Cyprus Securities and Exchange Commission (CySEC) ensure that the company operates in a transparent and accountable manner, providing a safety net for customers. The absence of such oversight means that customers may have little recourse if issues arise. For example, if there's a problem with fund management or a dispute arises, unregulated entities do not have the same level of protection in place as regulated brokers do. This makes it riskier for traders, particularly those looking to invest significant sums of money. Additionally, the lack of clear and detailed information on the fees associated with AKBANK’s services raises another concern. Transparent fee structures are essential when working with any financial institution, as hidden or unclear fees can lead to unexpected charges. Furthermore, AKBANK’s limited customer support channels can make it difficult for users to resolve issues in a timely manner. If you need assistance and there are few ways to reach the bank, it can be frustrating, especially when you're dealing with your finances. The overall lack of information, combined with limited support, makes it harder for clients to fully understand the terms of the services they are using. These cons should be weighed carefully before making any decision to invest or trade with AKBANK.
Broker Issues
Regulation
08-25
United States
Yousef47
1-2 years
Can I use MT4 or MT5 with AKBANK?
No, AKBANK does not support either MT4 or MT5 as trading platforms. This is a significant drawback for traders who are familiar with these platforms, as both are widely regarded as industry standards. MT4 and MT5 provide extensive features such as advanced charting tools, technical indicators, backtesting capabilities, and automated trading strategies, making them ideal for professional traders. The absence of these platforms on AKBANK could be limiting for anyone who relies on these tools for market analysis or executing complex strategies. For me, this is a critical limitation, as many traders consider MT4 and MT5 to be essential for high-level trading. If you're accustomed to using these platforms for their advanced functionality, you may find AKBANK’s mobile platform to be too simplistic for your needs. In that case, I would recommend considering brokers that offer these popular platforms.
Broker Issues
Instruments
Platform
Account
Leverage
07-07
United States
Ashraf Shahhat
1-2 years
What trading platform does AKBANK provide?
AKBANK provides its own mobile trading platform, AKBANK Mobile, which is available for both iOS and Android devices. This platform is designed for investors of all experience levels, making it a good choice for those who are new to trading or prefer a straightforward, easy-to-use platform. It allows you to manage investments and banking services seamlessly through one app, which is incredibly convenient for users who need flexibility. However, a key limitation of AKBANK's trading platform is that it does not support popular, industry-standard platforms like MT4 or MT5. These platforms are widely used by traders worldwide for their advanced charting capabilities, technical indicators, and broader range of tools. For more experienced traders who rely on these features, AKBANK Mobile may not provide the sophistication required. The lack of support for MT4 and MT5 could be a significant downside for anyone looking to utilize these tools for in-depth market analysis or trading strategies. In my view, the simplicity of the mobile app may make it appealing for those just starting out, but it lacks the depth and customization options that seasoned traders might expect. If you're looking for a platform that offers more complex features, it might be worth exploring other brokers that support these popular trading platforms.
Broker Issues
Account
Leverage
Instruments
Platform
06-12
United States
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