International Equity Trading

You can sign the agreements at any of our 16 liaison offices in 11 provinces and/or submit a request via the Open an Account form on our website.

Please click here for the contact details of our offices.

For an online purchase through the Internet Branch or trading platform:

When buying stocks on the US exchange, only a $0.99 commission will be charged, regardless of the current or nominal value of the stock purchased, plus the Banking and Insurance Transaction Tax, totaling a $1.04 commission.

This commission is applied per order. In other words, whether a single order is for $100 or $500,000, the transaction cost will be the same and fixed.

Two types of additional taxes and fees apply when selling a stock on the US exchange:

• SEC Fee: Applied by the Securities and Exchange Commission (SEC), at a rate of 20.6 per million of the current sale value as of 2 April 2026.
• Trading Activity Fee: Charged at a rate of 0.000195 (195 per million) per share sold. Applied with a minimum of $0.01 and a maximum of $9.79. Independent of the current value of the stock sold.

Detailed information about the Trading Activity Fee (FINRA FAQ)

Accordingly, in addition to the $0.99 commission on sell transactions, related costs arise depending on the number of shares sold and the trade volume.

Example:

• When buying and selling 100 shares priced at $1: a total of $1.04 will be paid for the $100 purchase, and $1.06 for the $100 sale.
• When buying and selling 1,000 shares priced at $1: a total of $1.04 will be paid for the $1,000 purchase, and $1.27 for the $1,000 sale.
• When buying 20,000 shares priced at $15 and selling them at $16: $1.04 will be paid for the $300,000 purchase, and a total of $12.05 for the $320,000 sale.

The total cost of the $620,000 transaction, including all taxes, fees and charges, will be $13.09. The cost ratio for these 2 transactions totaling $620,000 is 2.1 per hundred thousand (0.000021).

For phone orders placed directly with a client representative, a commission of 0.0006 (six per ten thousand) plus BSMV is charged, with a minimum of $6.

Warning: The examples below are for reference purposes only and do not constitute advice and/or guidance in any way. Taking a position based on these examples may result in losses.

No settlement or custody fee is charged for your international stock transactions. PhillipCapital may change this practice, subject to prior notice.

The real-time data feed package is offered free of charge to our clients for international stock transactions. PhillipCapital may change this practice, subject to prior notice.

American Depositary Receipts (ADRs) are securities listed on US exchanges that represent ownership of shares in companies incorporated outside the United States. ADRs are issued by US banks as USD-denominated certificates representing foreign shares, and can be bought and sold on US securities exchanges. The receipts issued against the deposited shares trade on exchanges such as the New York Stock Exchange (NYSE) and NASDAQ. Investors can diversify their portfolios through ADRs; additional costs such as service/custody or tax fees are charged to the account on a quarterly or annual basis.

ADRs enable shares of companies incorporated outside the US to be traded on US exchanges in US Dollars. The banks issuing ADRs are subject to regular oversight by the US Securities and Exchange Commission (SEC). Investors can diversify their portfolios and use ADRs as a relative hedge against political, currency and inflation risks.

Investors who invest in ADRs are charged quarterly or annual ADR custody or pass-through fees. The issuing US banks may terminate ADRs for certain reasons; in this case the position may be liquidated or converted into another investment. Some ADRs have low liquidity, and not every company has an ADR.

We do not have a demo platform for international stocks.

Tax withholdings on international stock buy/sell transactions vary depending on the exchange on which the transaction is made. Declaring tax payments and complying with regulations is the client's responsibility. PhillipCapital is not responsible for tax obligations or regulatory record-keeping.

We do not have a minimum amount required to open an account.

You can trade thousands of stocks and ETF (exchange-traded fund) products listed on US Exchanges.

You can trade continuously, at any time, from your mobile phone, tablet or computer.

Transfers to our Company's USD accounts at T. İş Bankası, Akbank and Vakıflar Bankası are reflected in your account automatically. Informing your customer representative which markets the transferred USD will be used in will help accelerate your transactions.

• T. İş Bankası: TR27 0006 4000 0021 4440 0015 67
• Akbank: TR04 0004 6007 8600 1000 0743 46
• Vakıflar Bank: TR82 0001 5001 5804 8013 6625 82

Our bank account numbers page for detailed information.

Cash deposit and withdrawal requests must be submitted by 14:30 (by 13:30 once daylight saving time begins). Requests submitted after this time are carried over to the next day.

You can log in with your username and password via the link below.

MobilG+ Trading Platform — Manage your BIST and US stock transactions from a single screen.

Stock transactions on US exchanges are executed by PhillipCapital Inc. (USA) via Phillip Securities Pte Ltd. (Singapore), and shares are held in global (omnibus) accounts with PhillipCapital Inc. (USA) or its authorized custodians, in accordance with applicable US regulations.

The settlement period for US stocks is T+1.

Using the platform is the standard method for transactions. Orders can also be placed by phone by contacting head office. For orders placed by phone, per transaction;

• With a minimum of $6 + BSMV,
• A commission of 0.0006 (six per ten thousand) plus BSMV is charged on the USD transaction volume.

This amount includes the TAF fee arising on sell transactions.

The regulations of the relevant country apply. Dividends paid from abroad are credited to client accounts after a 30% withholding tax in the US. Under the client identification rule, if the client is recognized by the custodian in the US, the dividend is credited to the client's account after a 20% withholding tax.

If your personal USD account is held at T. İş Bankası, Akbank or Vakıflar Bankası, funds covered by your USD transfer instruction will be credited to your account promptly. If USD is transferred to a bank other than the banks with which our Company has agreements, the transfer may be delayed due to the SWIFT process and the receiving or intermediary bank may charge additional fees.

It is not possible to transfer foreign stocks held at other institutions into your account at PhillipCapital, or to transfer foreign stocks held in your PhillipCapital account to another institution.

Buying OTC (over-the-counter) stocks is not possible; for selling stocks that have been delisted from an exchange, orders can be placed by phone by contacting head office.

PhillipCapital does not apply a Pattern Day Trader (PDT) limit. You can buy and sell as many times as you like during the day, as far as your assets allow.

For US stock buy and sell transactions, when orders are placed directly with a client representative, per transaction;

• With a minimum of $6 + BSMV,
• A commission of 0.0006 (six per ten thousand) plus BSMV is charged on the USD transaction volume.

This amount includes the TAF fee arising on sell transactions.

You can trade ETF (exchange-traded fund) products in US markets online via the MobilG+ platform.

Participation in IPOs in the US is not available through our institution.

Regular session: 16:30 – 23:00 during US daylight saving time; 17:30 – 00:00 during US standard time (Turkey time).

On US stock exchanges, the regular session begins at 16:30 and ends at 23:00 on days when US daylight saving time is in effect. During US standard time, the session runs between 17:30 and 00:00.

Our institution offers 2 hours of "Pre-Market" trading before the start of the US session. For example, during US daylight saving time, pre-market trading can be done between 14:30 and 16:30.

You can carry out your pre-market transactions in US markets online. To trade pre-market, the order duration must be set to "Day" and the order type to "Limit" in the Buy-Sell window. Orders submitted this way and left pending in the market will remain valid during the regular session as well.

If "Session" is selected as the order duration, orders will be submitted for the regular session.

Extended trading hours involve various risks. Liquidity before the session is lower than during regular trading hours, and bid-ask spreads may be wide. Our institution provides brokerage services during part of the pre-market trading hours, and these hours may vary depending on the operations of our institution and international brokerage firms.