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TURAN

Operating status: SCAM

Website: http://www.turankiymetlimadenler.com/

Broker violations and abnormal records
  • Apr 26, 2022 BrokersView has reviewed that TURAN is an Unregulated Forex Broker

    TURAN shows its office address is in Turkey and presents its registration certificate in the Istanbul Chamber of Commerce (ICOC) under the registration number: 692749-0. However, ICOC is an institution that organizes and records the commercial transactions of individuals and commercial institutions. That means ICOC is not a financial regulator that approves licenses for forex brokers. So please beware of brokers making such claims, since brokers eligible to offer derivatives services should have licenses approved by the financial regulator.

    Besides, we did searching in the Turkish regulator Capital Markets Committee (CMB). However, we did not find any match results to TURAN in CMB. That means TURAN is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

    TURAN shows its office address is in Turkey and presents its registration certificate in the Istanbul Chamber of Commerce (ICOC) under the registration number: 692749-0. However, ICOC is an institution that organizes and records the commercial transactions of individuals and commercial institutions. That means ICOC is not a financial regulator that approves licenses for forex brokers. So please beware of brokers making such claims, since brokers eligible to offer derivatives services should have licenses approved by the financial regulator.Besides, we did searching in the Turkish regulator Capital Markets Committee (CMB). However, we did not find any match results to TURAN in CMB. That means TURAN is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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