Exclusive: Capital.com Eyes Turkish Market with Local Licence Application

Capital.com, a fast-growing global contracts for difference (CFD) broker, is preparing to expand into Turkey as part of its international growth strategy. The company confirmed it has begun the process of seeking a licence from the country’s financial services regulator and is currently recruiting a Chief Executive Officer for its Turkish operations.

Strategic Push into Turkey

“As part of our global expansion strategy, Capital.com is exploring new licences in several markets, including Turkey,” said Salim Sebbata, Head of Corporate Development at Capital.com.

While the broker has not yet disclosed which products it plans to launch locally, Sebbata emphasized that any services introduced will be built around compliance, transparency, and strong client support.

Expansion on Multiple Fronts

The move into Turkey comes alongside a broader expansion push. Capital.com is:

• Seeking a licence in Japan, one of the world’s largest margin FX markets.
• Recruiting senior leadership in Brazil and Chile, suggesting imminent entry into Latin America.
• Investing in scalable infrastructure and blockchain technologies, which could pave the way for new crypto-related services.

These initiatives reflect Capital.com’s goal of diversifying both geographically and across product lines.

Strong Growth from the MENA Region

Founded in 2017 by billionaire entrepreneur Viktor Prokopenya, Capital.com has grown into a multi-jurisdictional broker with authorizations in the UK, Australia, Cyprus, the UAE, and the Bahamas.

The firm’s rapid expansion has been driven by surging demand in the Middle East and North Africa (MENA). In the first half of 2025, the region accounted for 52% of the broker’s total trading volume, compared to just 15% from Europe. Within MENA, UAE-based clients generated nearly 72% of volumes, highlighting the importance of the Gulf market to Capital.com’s business.

Why Turkey Matters

Turkey’s retail trading sector has become increasingly attractive for global brokers thanks to its large population, growing interest in forex and CFDs, and evolving regulatory landscape. By securing a local licence, Capital.com would gain a regulated pathway into a market that has traditionally been cautious about leveraged products.

This move also comes at a time when other international firms are strengthening their presence in the Middle East. For instance, RoboMarkets recently secured a Category 1 licence from Dubai’s SCA, giving it full brokerage permissions in the UAE. You can read our detailed coverage of RoboMarkets’ expansion here

Outlook

Capital.com’s move into Turkey underscores its strategy of targeting high-potential regions while diversifying beyond Europe. For traders, this could mean access to a broader range of platforms and products under a locally regulated framework.