Russia is a major player in the global forex market, with many forex brokers based in the country. In this article, we will review some of the top Russian forex brokers, examining their features, services, and trading conditions to help you decide if they are the right broker for you.
Alpari Russian forex brokers
Alpari Russia is a forex broker that has been in operation since 1998. The broker is regulated by the Central Bank of Russia and is a member of the Financial Commission. Alpari Russia offers traders access to the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as a mobile app for iOS and Android devices. The broker offers a variety of trading instruments, including over 50 currency pairs, as well as CFDs on stocks, indices, and commodities. Alpari Russia provides traders with competitive trading conditions, including tight spreads starting from 0.1 pips, leverage of up to 1:1000, and the ability to trade micro-lots.
Forex Club
Forex Club is a Russian forex broker that has been in operation since 1997. The broker is regulated by the Central Bank of Russia and is a member of the Financial Commission. Forex Club offers traders access to the MT4 and Rumus trading platforms, as well as a mobile app for iOS and Android devices. The broker offers a wide range of trading instruments, including over 45 currency pairs, as well as CFDs on stocks, indices, and commodities. Forex Club provides traders with competitive trading conditions, including tight spreads starting from 0.6 pips, leverage of up to 1:500, and the ability to trade micro-lots.
TeleTrade
TeleTrade is a forex broker that has been in operation since 1994. The broker is regulated by the Central Bank of Russia and is a member of the Financial Commission. TeleTrade offers traders access to the MT4 trading platform, as well as a mobile app for iOS and Android devices. The broker offers a variety of trading instruments, including over 50 currency pairs, as well as CFDs on stocks, indices, and commodities. TeleTrade provides traders with competitive trading conditions, including tight spreads starting from 0.3 pips, leverage of up to 1:500, and the ability to trade micro-lots.
InstaForex
InstaForex is a forex broker that has been in operation since 2007. The broker is regulated by the Financial Services Commission of the British Virgin Islands and is a member of the Financial Commission. InstaForex offers traders access to the MT4 and MT5 trading platforms, as well as a mobile app for iOS and Android devices. The broker offers a variety of trading instruments, including over 107 currency pairs, as well as CFDs on stocks, indices, and commodities. InstaForex provides traders with competitive trading conditions, including tight spreads starting from 0.0 pips, leverage of up to 1:1000, and the ability to trade micro-lots.
FxPro
FxPro is a forex broker that has been in operation since 2006. The broker is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission (FSCA) in South Africa. FxPro offers traders access to the MT4, MT5, and cTrader trading platforms, as well as a mobile app for iOS and Android devices. The broker offers a variety of trading instruments, including over 70 currency pairs, as well as CFDs on stocks, indices, and commodities. FxPro provides traders with competitive trading conditions, including tight spreads starting from 0.0 pips, leverage of up to 1:500, and the ability to trade micro-lots.
NordFX
NordFX is a forex broker that has been in operation since 2008. The broker regulated by the Financial Services Commission of Mauritius and the Vanuatu Financial Services Commission. NordFX offers traders access to the MT4 and MT5 trading platforms, as well as a mobile app for iOS and Android devices. The broker offers a variety of trading instruments, including over 30 currency pairs, as well as CFDs on stocks, indices, and commodities. NordFX provides traders with competitive trading conditions, including tight spreads starting from 0.0 pips, leverage of up to 1:1000, and the ability to trade micro-lots.
AMarkets
AMarkets is a forex broker that has been in operation since 2007. The broker regulated by the Financial Services Commission of Belize and the Cyprus Securities and Exchange Commission (CySEC). AMarkets offers traders access to the MT4 and MT5 trading platforms, as well as a mobile app for iOS and Android devices. The broker offers a variety of trading instruments, including over 50 currency pairs, as well as CFDs on stocks, indices, and commodities. AMarkets provides traders with competitive trading conditions, including tight spreads starting from 0.0 pips, leverage of up to 1:1000, and the ability to trade micro-lots.
Tickmill
Tickmill is a forex broker that has been in operation since 2014. The broker regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles. Tickmill offers traders access to the MT4 and MT5 trading platforms, as well as a mobile app for iOS and Android devices. The broker offers a variety of trading instruments, including over 62 currency pairs, as well as CFDs on stocks, indices, and commodities. Tickmill provides traders with competitive trading conditions, including tight spreads starting from 0.0 pips, leverage of up to 1:500, and the ability to trade micro-lots.
In conclusion, Russia has a number of forex brokers that offer a wide range of trading instruments, competitive trading conditions, and robust trading platforms. However, it is important to note that not all Russian forex brokers regulated, and traders should always do their due diligence before selecting a broker to trade with. Factors to consider include regulation, trading conditions, customer support, and the broker’s reputation in the industry.