Freedom Yatırım became the first foreign brokerage firm in Turkey in 34 years

Freedom Yatırım, a brokerage firm that is part of Freedom Holding, has received a license from the Turkish Capital Markets Board. It has become the first foreign firm in 34 years to hold such a license, according to a press release (available to Oninvest).

This will enable Freedom to develop its core brokerage business in Turkey. The company plans to provide local investors with access to international markets through its global infrastructure, expanding it in phases. In addition, the brokerage has integrated with the Istanbul Stock Exchange, enabling clients of the holding company’s international network to invest in the Turkish market.

"Our broader strategy in Turkey is to build an integrated digital financial ecosystem centered on Freedom Bank and Freedom Yatırım. In doing so, we will draw on the group’s experience in Kazakhstan, where the Freedom SuperApp—which combines banking, investment, and everyday digital services on a single platform—has already become an integral part of people’s daily lives,” said Timur Turlov, founder and CEO of Freedom Holding.

As of the end of June 2026, Freedom Holding’s total assets stood at $14 billion. Revenue for the previous quarter increased by 40% to $732.5 million, with the brokerage business accounting for 39% of that revenue.

In late July, the subsidiary Freedom Financial Services completed the acquisition of a controlling stake in Turkish Bank. As of March, the bank was among the country’s top 50 financial institutions, with $159 million in assets. It will now be renamed Freedom Bank A.Ş.

This article was AI-translated and verified by a human editor