4 more new forex licences were announced today for:
- Tera Securities
- Ata Invest Securities
- GCM Securities
- X Trade Brokers (XTB) – the first foreign broker to receive such a license
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This bring the total number of forex licences granted by the CMB to 11.
Turkish Capital Markets Board began regulating the forex market in August 2011 and has since caused more than 2 dozen foreign brokers to exit the once thriving Turkish forex market.