This was the sixth edition of the tournament as part of the 2014 WTA Tour as well as the third and last held at Arena Armeec in Sofia, Bulgaria.

It consisted of a singles draw of eight players including two wild cards in a round robin format, split into two groups of four.

The final standings of each group was determined by the first of the following methods that apply: The total prize money for the 2014 Garanti Koza WTA Tournament of Champions was 750,000 United States dollars.

The six highest-ranked players who had captured at least one International tournament during the year and who were not participating in singles at the year-end WTA Finals in Singapore.

On 23 October, Samantha Stosur withdrew due to a foot injury and her place went to Garbiñe Muguruza.