Reported as a scam / unregulated
Why TURAN is on the register
TURAN shows its office address is in Turkey and presents its registration certificate in the Istanbul Chamber of Commerce (ICOC) under the registration number: 692749-0. However, ICOC is an institution that organizes and records the commercial transactions of individuals and commercial institutions. That means ICOC is not a financial regulator that approves licenses for forex brokers. So please beware of brokers making such claims, since brokers eligible to offer derivatives services should have licenses approved by the financial regulator. Besides, we did searching in the Turkish regulator Capital Markets Committee (CMB). However, we did not find any match results to TURAN in CMB. That means TURAN is not regulated by any regulators. Investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.