Capital.com Seeks SPK License for Türkiye Entry

Capital.com has set its sights on Türkiye as part of its global growth strategy, formally beginning the process of obtaining a Capital.com Turkey license under the oversight of the Sermaye Piyasası Kurulu (SPK). The move highlights the brokers intent to deepen its footprint in high-potential markets while strengthening compliance across multiple jurisdictions.

Capital.coms Push Into Türkiye

The broker confirmed it is seeking an SPK forex license, which would allow it to operate legally in Türkiye under strict conditions such as a 1:10 leverage cap and mandatory segregation of client funds. As part of its entry strategy, Capital.com is also hiring a Chief Executive Officer to head its Turkish entity. This leadership move mirrors its expansion plans in Brazil and Chile, signaling a broader emerging-market push.

“Turkey is a major financial hub, and securing a license there is a natural next step in our regional expansion,” said Salim Sebbata, Head of Corporate Development at Capital.com. He emphasized that any future services will prioritize compliance, transparency, and client protection in line with SPKs regulations.

The push into Türkiye comes after impressive growth in the Middle East and North Africa (MENA). In the first half of 2025, 52 percent of Capital.com‘s global trading volume originated from MENA traders, with the UAE alone contributing nearly 72 percent of that regional activity. By comparison, Europe represented only 15 percent of volumes despite a larger trader base. This underscores the region’s growing dominance in global forex and CFD activity.

Expansion Beyond Geography

Beyond market entries, Capital.com has expanded its product roadmap. The broker recently disclosed investments in blockchain infrastructure, a move that could pave the way for future crypto product offerings. While no specific details on Türkiye-focused products were provided, the company confirmed that offerings will evolve alongside demand, subject to regulatory approval.

Founded in 2017 by entrepreneur Viktor Prokopenya, Capital.com currently operates under licenses from the UK, Australia, Cyprus, the UAE, and the Bahamas. It is also pursuing a Japanese forex license, reflecting ambitions to compete in one of the most tightly regulated markets for margin trading.

By targeting Türkiye, strengthening its executive bench, and investing in emerging tech, Capital.com positions itself as a multi-jurisdictional, forward-looking broker. Market observers note that its ability to secure an SPK license could serve as a test of how efficiently foreign brokers can adapt to Türkiyes stringent rules while leveraging its strategic position between Europe and the Middle East.

About Capital.com

Capital.com is a global contracts-for-difference (CFD) trading platform launched in 2017. The broker is regulated across multiple jurisdictions and serves clients in Europe, MENA, Asia, and beyond, with a growing focus on blockchain-enabled products and transparent compliance frameworks.