CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

GBP/TRY

(GBPTRY=R)

GBP/TRY chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

0.02337pts (0.05%)

High: 43.87582

Low: 43.57131

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Costs and details
Markets to trade

Minimum size 0.25

Contract size GBP 100,000

One Pip means 0.0001 TRY/GBP

Value of one Pip TRY 10 (USD 0.29)

Margin 10%

Minimum stop distance 4,600

Minimum guaranteed stop distance 5.0%

Your aggregate position in this market will be margined in the following tiers:

Tier	Position size	Margin
1	0 - 4 Contracts - TRY	10%
2	4 - 12 Contracts - TRY	20%
3	12 - 24 Contracts - TRY	30%
4	24 + Contracts - TRY	40%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

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Up to 200x leverage to start trading with minimal upfront capital*
Retail Clients benefit from negative balance protection meaning they can’t lose more than what was deposited into the account
Speculate on price changes, without having to own the underlying asset.

Learn more

*Up to 200x leverage applies to Professional IG Limited (UAE) accounts and all IG International Limited accounts.^**

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¹Based on revenue (published financial statements, 2023)

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Professional Clients can lose more than they deposit.

The value of shares and ETFs bought through an IG stock trading account can fall as well as rise, which could mean getting back less than you originally put in. Please ensure you fully understand the risks and take care to manage your exposure.

IG does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. IG is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.

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GBP/TRY

GBP/TRY chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

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Up to 200x leverage*

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