Garanti BBVA Account Type

Garanti BBVA offers a variety of account types tailored to meet the needs of different traders. The primary account types available are:

• Real Account (Gerçek):
• Designed for traders of various levels.
• Allows trading derivatives (CFDs) on the Garanti FX Trader platform.
• Access requires providing a Turkish resident identification number.
• Demo Account:
• Available for practice trading without real funds.
• No expiration date if used actively; however, it will be blocked after 3 months of inactivity.
• Provides a risk-free environment to familiarize with the trading platform and strategies.
• Investment Accounts:
• Include custodial accounts for fund subscriptions and stock trading.
• Require separate opening and risk assessment.

The minimum deposit required to open a real account is TRY 50,000, and trading features include leverage up to 1:10, with scalping allowed.

Garanti BBVA Broker Account Opening Process

The process to open an account with Garanti BBVA is straightforward but requires specific steps:

• Eligibility:
• Only individuals aged 18 and over with a Turkish identification number (TCKN) can open an account.
• Demo Account Opening:
• First, prospective traders must open a demo account.
• This can be done by filling out a registration form with personal information, including name, surname, phone number, email, and TCKN.
• A password for the demo account will also need to be generated.
• Trading Requirements:
• After using the demo account for at least 6 business days and making a minimum of 50 trades, users can request to open a real account.
• Verification and Fund Deposit:
• Once the demo account is established, users can log in to undergo verification, deposit funds, and start trading.
• Account Types:
• Users can choose from the available account types based on their trading needs and preferences.

For further details, visit the official website: Garanti BBVA.