easyMarkets News

Our latest products, updates and services

easyMarkets Reassures Turkish Lira Traders

Trading as normal for Turkish Lira traders

18 July 2016

Following last week’s shocking events in Turkey we would like to update and reassure you of our ongoing commitment to your trading safety.

What Happened in Turkey

On Friday 15th July, a failed military coup in Turkey attracted the world’s attention. Culminating in a night of chaotic violence, government leaders have now declared it’s business as usual in Turkey. Extreme market volatility however, will remain a real challenge for traders this week.

Here’s What Turkish Lira Traders Need To Know

  • Market volatility soared following the attempted coup in Turkey
  • The Turkish Lira (TRY) plunged 4.6% on Friday night – the most in 8 years
  • Goldman Sachs lowered its forecasts for the lira over the weekend
  • Policy makers will provide unlimited liquidity to banks
  • The yield on Turkish 5 year local bonds has dropped more than every other emerging-market nation except Brazil
  • Long term concerns remain regarding economic policy and democracy in the country

The easyMarkets Promise

easyMarkets would like to reassure traders that it will not be changing Turkish Lira trading conditions despite ongoing uncertainty and volatility. Clients trading the TRY will still enjoy all of the following benefits:

  • 1:400 leverage
  • Fixed spreads with ZERO slippage
  • FREE Guaranteed stop loss

Volatility equals opportunity for traders and we remain available to assist you at all times.

What our Traders say about easyMarkets

Enhance your trading experience with easyMarkets app

keyboard_arrow_left
Chat with us
Messenger

We accept Facebook chat requests
Monday-Friday 8:00-22:00 GMT +2GMT +3

keyboard_arrow_left
Chat with us
WhatsApp
  • 1. Add the following easyMarkets number to your contact list +357 99 875 998
  • 2. Open WhatsApp and select the number you've just added
  • 3. Start chatting

We accept WhatsApp chat requests
Monday-Friday 8:00-22:00 GMT +2GMT +3

Thank you

We will look over your message and get back to you soon.

In the meantime you can check our Learn Centre or Read our FAQ

Request failed

Something went wrong. Please try again.

If your enquiry is urgent you can chat with us here

keyboard_arrow_left
Send us a message

Thank you

One of our customer service representatives will get back to you soon.

If your enquiry is urgent you can chat with us here

Request failed

Something went wrong. Please try again.

If your enquiry is urgent you can chat with us here

keyboard_arrow_left
Call us
call
call
Request a callback
Preferred Contact Time
keyboard_arrow_left
Chat with us

Hi! Welcome to easyMarkets. Just letting you know we're here if you have any questions or need some assistance, I hope you enjoy your stay.

Request failed

Something went wrong. Please try again.

keyboard_arrow_left
Chat with us
  • 1. Open QQ and find easy forex 易信 (800128208)
  • 2. Start chatting!
keyboard_arrow_left
Chat with us
  • 1. Scan the below QR Code
  • 2. Start chatting!

We accept WeChat requests
Monday-Friday 8:00-22:00 GMT +2GMT +3