Breaking: XTB to Exit Turkish Forex Market

[kreslik.news]

After the decision made in February by the Capital Markets Board (CMB) of Turkey, which introduced a number of limits to the forex market, Polish FX brokerage XTB is exiting the Turkish market, and will be withdrawing its registration with the CMB, according to a corporate statement.

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XTB stated earlier that it expects that the CMB initiative will significantly reduce overall activity in Turkish retail forex trading.




Earlier in February, the CBM introduced amendments in leveraged forex trading transactions. The board ... (read more)