How to Check Forex Sites Blocked by the SPK

The SPK blocks unauthorized forex sites via weekly bulletins. Here is how to check whether a broker is blocked and verify its SPK authorization before you trade.

Risk warning. Leveraged forex trading carries high risk and, in Türkiye, is subject to SPK regulation (1:10 leverage cap, ~50,000 TRY margin). This content is not investment advice; user statements belong to their authors.

The Capital Markets Board of Türkiye (SPK) identifies sites conducting unauthorized forex activity and has them blocked via the BTK, announcing this in weekly bulletins. But since these sites reopen under new domains, verifying before you trade is critical.

Step-by-step check

First, verify whether the broker is on the SPK’s official list of authorized institutions. Then check our SPK Bulletins section to see whether the domain appears on the blocked list. Finally, look at the FX Trust Score and SPK status in the broker dossier.

Why it matters

Depositing into an SPK-blocked site means sending money to an unauthorized platform with no investor protection; recovery is often impossible. A few minutes of verification can prevent serious losses.