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Broker Comparison

Fees at the brokers that let Turkish residents buy US stocks; every cell comes from the broker's own fee schedule, with its source.

Commission for Your Trade

On a single $1,000 trade, commission runs from $1.00 to $25.00; 3 of 8 brokers say they offer fractional shares.

Cheapest at This Size

$1,000
  1. 1Gedik Yatırım$1.000.10% of the Trade
  2. 1Interactive Brokers$1.000.10% of the Trade
  3. 3Midas$1.500.15% of the Trade
  1. 4İş Yatırım$2.500.25% of the Trade
  2. 5Garanti BBVA Yatırım$3.000.30% of the Trade
  3. 6QNB Invest$25.002.50% of the Trade

As the Trade Grows

Both Axes Logarithmic
$1$10$100$100$1,000$10,000$50,000
Lowest Commission
  1. $100 to $333: Garanti BBVA Yatırım
  2. $333 to $402: İş Yatırım, Gedik Yatırım, and Interactive Brokers
  3. $402 to $2,010: Gedik Yatırım and Interactive Brokers
  4. $2,010 to $30,000: Interactive Brokers
  5. $30,000 to $50,000: Midas

Below $333 the lowest commission is at Garanti BBVA Yatırım; above $30,000, at Midas. The strip below shows the sizes in between.

Tap the chart to pick a trade size.

Cost Over a Year

Trades a Month
  1. Gedik Yatırım: $12.00 a year; commission $12.00, custody $0.00
  2. Interactive Brokers: $12.00 a year; commission $12.00, custody not stated
  3. Midas: $18.00 a year; commission $18.00, custody $0.00
  4. İş Yatırım: $33.28 a year; commission $30.00, custody $3.28
  5. Garanti BBVA Yatırım: $39.90 a year; commission $36.00, custody $3.90
  6. QNB Invest: $300.00 a year; commission $300.00, custody not stated

$1,000 bought 1× a month at a flat price; custody on the month-end balance. FX spread, BSMV tax, ADR and data fees not included.

The order is only the size of the trade commission at this amount; it recommends no broker. Brokers with equal commission keep their table order.

Not Priced

Yapı Kredi Yatırımİnfo Yatırım
  • Yapı Kredi Yatırım. Three official pages give three different US fee schedules; confirm with the broker which applies.
  • İnfo Yatırım. The fee table only lists minimums and says the applied fee may be higher.

Assumptions

Trade commission only; FX spread, custody, exchange and SEC fees left out.

Pick a trade size; every broker's fee schedule runs on the same trade and brokers line up by commission on one scale.

Only the listed trade commission is counted. FX spread, custody, exchange and SEC fees are left out. Turkish BSMV tax is included in Garanti BBVA Yatırım's rate, added at 5% by Gedik, and not stated by the others.

For brokers charging per share (Gedik, Interactive Brokers) a share price of $100 is assumed; a different price changes only their result.

US Fees, Broker by Broker

8 Brokers

Each card is one broker. The figure is the commission on the trade picked above; on the line, the coloured dot is this broker and the grey ticks are the others. Notes and source numbers are under Details.

Card OrderBy NameBy Commission

Compare Side by Side

Pick two or three brokers to see them side by side.

  • Garanti BBVA Yatırım

    CMB · Full Scope
    Commission on $1,000$3.000.30% of the tradeRank 5 of 6 at $1,000
    • FractionalNot Stated
    • Live DataUS exchanges $1 in total
    • W-8BENNot Stated
    • OptionsNot Stated
    • Custody0.06% a year
    • Minimum Fee$0
    Fee Schedule0.3% (tax included)
    Pre-market: +$0.005 per share; SEC fee on sales.
    Minimum Fee$0
    Custody and ADR0.06% a year
    ADRs: $0.01-0.05 per share, 1-4 times a year. FX conversion 0.5%.
    Fractional SharesNot Stated
    Real-Time DataUS exchanges $1 in total
    Billing period not stated in the notice.
    W-8BENNot Stated
    US OptionsNot Stated
    Fee table lists futures, not options.
    LicenceCMB · Full Scope
    Read October 24, 20264 Sources

  • Gedik Yatırım

    CMB · Full Scope
    Commission on $1,000$1.000.10% of the tradeRank 1 of 6 at $1,000
    • FractionalNot Stated
    • Live DataFrom $1 a month
    • W-8BENNot Stated
    • OptionsYes; $5 per contract + exchange fee
    • CustodyNone on US stocks
    • Minimum Fee$1
    Fee Schedule$0.05 per share
    The table says "0.05 cent"; its worked example uses $0.05. Plus 5% BSMV tax.
    Minimum Fee$1
    For 1-20 shares.
    Custody and ADRNone on US stocks
    ADRs: $0.03 per share, taken by the depositary bank.
    Fractional SharesNot Stated
    Real-Time DataFrom $1 a month
    Free data is 15 minutes delayed.
    W-8BENNot Stated
    US OptionsYes; $5 per contract + exchange fee
    Buying calls and puts only, no margin.
    LicenceCMB · Full ScopeAbroad: GTN; Saxo Bank infrastructure
    Read October 24, 20264 Sources

  • İnfo Yatırım

    InfoX and InfoGlobe
    CMB · Full Scope
    Commission on $1,000Not Priced

    The fee table only lists minimums and says the applied fee may be higher.

    • FractionalNot Stated
    • Live DataInfoX: free real-time data
    • W-8BENNot Stated
    • OptionsInfoGlobe: $8 per contract
    • CustodyNot Stated
    • Minimum FeeInfoX $1.50 · InfoGlobe $10
    Fee ScheduleInfoGlobe: $0.03 per share
    No rate given for InfoX, only a minimum.
    Minimum FeeInfoX $1.50 · InfoGlobe $10
    Listed as minimums; the applied fee may be higher.
    Custody and ADRNot Stated
    Foreign broker charges are not included.
    Fractional SharesNot Stated
    Real-Time DataInfoX: free real-time data
    InfoGlobe passes on the foreign broker's data fees.
    W-8BENNot Stated
    US OptionsInfoGlobe: $8 per contract
    LicenceCMB · Full Scope
    Read October 24, 20263 Sources

  • Interactive Brokers

    IBKR Pro
    Foreign · Not on CMB Register
    Commission on $1,000$1.000.10% of the tradeRank 1 of 6 at $1,000
    • FractionalYes
    • Live DataCboe One and IEX free
    • W-8BENYes
    • OptionsYes; from $0.65 per contract
    • CustodyNot Stated
    • Minimum FeeFixed $1 · Tiered $0.35
    Fee ScheduleFixed: $0.005 per share
    Capped at 1% of trade value. Tiered: from $0.0035 plus exchange fees.
    Minimum FeeFixed $1 · Tiered $0.35
    Custody and ADRNot Stated
    No separate custody fee found. ADRs: $0.05 per share passed through.
    Fractional SharesYes
    Same commission; $0.01 minimum.
    Real-Time DataCboe One and IEX free
    Consolidated data $1.50 a month per network.
    W-8BENYes
    Renewed every three years; the page does not list Türkiye's rate.
    US OptionsYes; from $0.65 per contract
    Minimum $1.
    LicenceForeign · Not on CMB RegisterGroup entities are regulated by the SEC and FINRA (US) and the Central Bank of Ireland. The entity for Türkiye residents is not stated.
    Read October 24, 20266 Sources

  • İş Yatırım

    TradeMaster International
    CMB · Full Scope
    Commission on $1,000$2.500.25% of the tradeRank 4 of 6 at $1,000
    • FractionalNot Stated
    • Live DataNot Stated
    • W-8BENNot Stated
    • OptionsYes; $5 per contract
    • Custody0.0042% a month
    • Minimum Fee$1
    Fee Schedule0.25%
    Extended hours: +0.5¢ per share; SEC fee on sales.
    Minimum Fee$1
    Custody and ADR0.0042% a month
    On the lira value. ADRs: $0.03 per share every 6 months.
    Fractional SharesNot Stated
    Real-Time DataNot Stated
    Subscription prices are shown inside the platform.
    W-8BENNot Stated
    US OptionsYes; $5 per contract
    LicenceCMB · Full Scope
    Read October 24, 20264 Sources

  • Midas

    CMB · Partial Scope
    Commission on $1,000$1.500.15% of the tradeRank 3 of 6 at $1,000
    • FractionalYes
    • Live DataFree
    • W-8BENNot Stated
    • OptionsYes; $1.50 per contract
    • CustodyNo account fee
    • Minimum FeeNo separate minimum; fee is flat
    Fee ScheduleFlat $1.50 per trade
    Stocks under $1: $0.005 per share above 300 shares.
    Minimum FeeNo separate minimum; fee is flat
    Custody and ADRNo account fee
    ADRs: $0.01-0.03 per share, periodic.
    Fractional SharesYes
    Not available on every stock.
    Real-Time DataFree
    W-8BENNot Stated
    Help page states 20% dividend withholding.
    US OptionsYes; $1.50 per contract
    Above 500 contracts a month: $0.25 or $0.50.
    LicenceCMB · Partial ScopeAbroad: Alpaca Securities LLC
    Read October 24, 20265 Sources

  • QNB Invest

    CMB · Full Scope
    Commission on $1,000$25.002.50% of the tradeRank 6 of 6 at $1,000
    • FractionalNot Stated
    • Live DataPaid subscription
    • W-8BENNot Stated
    • OptionsNot Stated
    • Custody0.06% a year
    • Minimum Fee$25
    Fee Schedule0.2%
    0.5% conversion fee when trading in a currency other than the collateral.
    Minimum Fee$25
    On trades under $12,500.
    Custody and ADR0.06% a year
    At least €6 a month. ADRs: $0.01-0.05 per share.
    Fractional SharesNot Stated
    Real-Time DataPaid subscription
    Data is delayed; real-time price not stated.
    W-8BENNot Stated
    US OptionsNot Stated
    LicenceCMB · Full Scope
    Read October 24, 20262 Sources

  • Yapı Kredi Yatırım

    CMB · Full Scope
    Commission on $1,000Not Priced

    Three official pages give three different US fee schedules; confirm with the broker which applies.

    • FractionalYes
    • Live Data$1 a month
    • W-8BENNot Stated
    • OptionsIn the product form
    • CustodyNot Stated
    • Minimum FeeSources disagree
    Fee ScheduleSources disagree
    0.5% (fee page) · 0.25% (bank page, mobile app) · 1% or $0.30 per share (sample form).
    Minimum FeeSources disagree
    $12 · $0.50 · $30, same order.
    Custody and ADRNot Stated
    Product form: ADR custody fees set by the foreign broker may apply.
    Fractional SharesYes
    On high-priced stocks, commission from $0.50.
    Real-Time Data$1 a month
    W-8BENNot Stated
    Bank FAQ states 30% US dividend withholding.
    US OptionsIn the product form
    $30 per contract + exchange fee; not on the product page.
    LicenceCMB · Full Scope
    Read October 24, 20265 Sources

Cards are in name order; the order recommends no broker.

Full Fee Details

Every value on the cards as a table, for screen readers and for checking cell by cell.8 Brokers, 8 Items

Row order is not a ranking: domestic brokers first, the foreign broker last. Bracketed numbers lead to each cell's source; anything not found on the broker's official pages reads "Not Stated" instead of a guess.

BrokerUS Trade CommissionMinimum FeeCustody and ADRFractional SharesReal-Time DataW-8BENUS OptionsLicence
MidasFlat $1.50 per tradeStocks under $1: $0.005 per share above 300 shares.1No separate minimum; fee is flat1No account feeADRs: $0.01-0.03 per share, periodic.1YesNot available on every stock.2Free1Not StatedHelp page states 20% dividend withholding.3Yes; $1.50 per contractAbove 500 contracts a month: $0.25 or $0.50.1Partial-scope broker (CMB)5Abroad: Alpaca Securities LLC4
İş YatırımTradeMaster International0.25%Extended hours: +0.5¢ per share; SEC fee on sales.13$110.0042% a monthOn the lira value. ADRs: $0.03 per share every 6 months.1Not StatedNot StatedSubscription prices are shown inside the platform.2Not StatedYes; $5 per contract1Full-scope broker (CMB)4
Garanti BBVA Yatırım0.3% (tax included)Pre-market: +$0.005 per share; SEC fee on sales.1$0120.06% a yearADRs: $0.01-0.05 per share, 1-4 times a year. FX conversion 0.5%.1Not StatedUS exchanges $1 in totalBilling period not stated in the notice.3Not StatedNot StatedFee table lists futures, not options.1Full-scope broker (CMB)4
Yapı Kredi YatırımSources disagree0.5% (fee page) · 0.25% (bank page, mobile app) · 1% or $0.30 per share (sample form).132Sources disagree$12 · $0.50 · $30, same order.132Not StatedProduct form: ADR custody fees set by the foreign broker may apply.2YesOn high-priced stocks, commission from $0.50.4$1 a month43Not StatedBank FAQ states 30% US dividend withholding.3In the product form$30 per contract + exchange fee; not on the product page.2Full-scope broker (CMB)5
QNB Invest0.2%0.5% conversion fee when trading in a currency other than the collateral.1$25On trades under $12,500.10.06% a yearAt least €6 a month. ADRs: $0.01-0.05 per share.1Not StatedPaid subscriptionData is delayed; real-time price not stated.1Not StatedNot StatedFull-scope broker (CMB)2
Gedik Yatırım$0.05 per shareThe table says "0.05 cent"; its worked example uses $0.05. Plus 5% BSMV tax.12$1For 1-20 shares.1None on US stocksADRs: $0.03 per share, taken by the depositary bank.1Not StatedFrom $1 a monthFree data is 15 minutes delayed.3Not StatedYes; $5 per contract + exchange feeBuying calls and puts only, no margin.13Full-scope broker (CMB)4Abroad: GTN; Saxo Bank infrastructure3
İnfo YatırımInfoX and InfoGlobeInfoGlobe: $0.03 per shareNo rate given for InfoX, only a minimum.1InfoX $1.50 · InfoGlobe $10Listed as minimums; the applied fee may be higher.1Not StatedForeign broker charges are not included.1Not StatedInfoX: free real-time dataInfoGlobe passes on the foreign broker's data fees.2Not StatedInfoGlobe: $8 per contract1Full-scope broker (CMB)3
Interactive BrokersIBKR ProForeign BrokerFixed: $0.005 per shareCapped at 1% of trade value. Tiered: from $0.0035 plus exchange fees.1Fixed $1 · Tiered $0.351Not StatedNo separate custody fee found. ADRs: $0.05 per share passed through.3YesSame commission; $0.01 minimum.1Cboe One and IEX freeConsolidated data $1.50 a month per network.2YesRenewed every three years; the page does not list Türkiye's rate.5Yes; from $0.65 per contractMinimum $1.4Not on the CMB registerGroup entities are regulated by the SEC and FINRA (US) and the Central Bank of Ireland. The entity for Türkiye residents is not stated.61

What the Table Leaves Out

FX Spread, Moving Shares to Another Broker, Investor Protection, Promotions, and Brokers Not Listed5 Items
FX Spread
The margin paid inside the lira-to-dollar rate is missing from most fee tables and is often bigger than the commission. Garanti BBVA Yatırım lists 0.5%; QNB Invest lists 0.5% only for trades in another currency. Ask which rate is used before opening an account.
Moving Shares to Another Broker
Sending foreign shares to another broker can cost money; QNB Invest's page lists 1,500 TL plus BSMV per instruction. How to keep purchase dates and cost basis while moving is covered in the guide.
Investor Protection
A domestic broker is covered by Türkiye's Investor Compensation Center, a foreign one by its own country's scheme. Both cover a broker's failure, not a falling price.
Promotions
Time-limited discounts are left out; the table would be wrong once they end.
Brokers Not Listed
Other licensed brokers such as Ak Yatırım and Deniz Yatırım also offer US stocks; they are not listed because no official US fee schedule could be found.

Sources

The brokers' own pages and fee documents, with the day each was read.8 Brokers, 33 Sources

Every source is the broker's own page or fee document. Licence status comes from the Capital Markets Board's register of brokerage licences.

Midas

  1. Midas, feesgetmidas.com · Read October 24, 2026
  2. Midas help, fractional tradinggetmidas.com · Read October 24, 2026
  3. Midas help, dividendsgetmidas.com · Read October 24, 2026
  4. Midas help, who owns the sharesgetmidas.com · Read October 24, 2026
  5. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

İş Yatırım

  1. TradeMaster, international fee tabletrademaster.com.tr · Read October 24, 2026 · Document: September 11, 2026
  2. TradeMaster International decktrademaster.com.tr · Read October 24, 2026
  3. İş Yatırım, fee schedule (annex 8)isyatirim.com.tr · Read October 24, 2026 · Document: KMT-28082026-20
  4. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

Garanti BBVA Yatırım

  1. Garanti BBVA Yatırım, feesgarantibbvayatirim.com.tr · Read October 24, 2026
  2. Garanti BBVA Yatırım, foreign stocksgarantibbvayatirim.com.tr · Read October 24, 2026
  3. Garanti BBVA Yatırım notice, US real-time datagarantibbvayatirim.com.tr · Read October 24, 2026 · Document: February 17, 2025
  4. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

Yapı Kredi Yatırım

  1. Yapı Kredi Yatırım, feesykyatirim.com.tr · Read October 24, 2026
  2. Yapı Kredi Yatırım, product information form (sample)ykyatirim.com.tr · Read October 24, 2026 · Document: 2025-03
  3. Yapı Kredi Bank, foreign stocksyapikredi.com.tr · Read October 24, 2026
  4. Yapı Kredi Yatırım, foreign stocksykyatirim.com.tr · Read October 24, 2026
  5. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

QNB Invest

  1. QNB Invest, international tradingqnbinvest.com.tr · Read October 24, 2026
  2. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

Gedik Yatırım

  1. Gedik Yatırım, international commissionscdn.gedik.com · Read October 24, 2026
  2. Gedik Yatırım, pricing policygedik.com · Read October 24, 2026 · Document: January 1, 2026
  3. Gedik Yatırım, international marketsgedik.com · Read October 24, 2026
  4. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

İnfo Yatırım

  1. İnfo Yatırım, InfoGlobe and InfoX feescdn.infoyatirim.com · Read October 24, 2026
  2. İnfo Yatırım, InfoXinfoyatirim.com · Read October 24, 2026
  3. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

Interactive Brokers

  1. IBKR, stock commissionsinteractivebrokers.com · Read October 24, 2026
  2. IBKR, market data pricinginteractivebrokers.com · Read October 24, 2026
  3. IBKR, other feesinteractivebrokers.com · Read October 24, 2026
  4. IBKR, option commissionsinteractivebrokers.com · Read October 24, 2026
  5. IBKR, tax for non-US personsinteractivebrokers.com · Read October 24, 2026
  6. CMB, brokerage licence registerspk.gov.tr · Read October 24, 2026

Neutrality Note. This page recommends and ranks no broker. Links go only to the brokers' fee pages; none carries a referral or affiliate code and none leads to an account-opening page. Fees change often: read the broker's current schedule yourself before trading.

Not Investment Advice

Brokers' Official Fee SchedulesVerified October 24, 2026

To Understand This

What to Look for in a BrokerCommission can be zero; cost never is. A line-by-line way to compare brokers.Moving From a Bank to a Broker: Türkiye's 17 June 2026 RulingTurkish banks can no longer route orders for foreign shares themselves. What the ruling says, what it leaves out, and how to keep your purchase records when you move.Irish ETF or US ETF?Two funds tracking the same index differ, for a Turkish resident, in dividend tax, estate tax exposure and expense ratio.