Forex Brokers in Russia


The history of broker regulation in Russia is quite complicated. Forex trading activities in Russia were not regulated until 2011, the Financial Market Relations Regulation Center (FMRRC) introduced itself as an independent regulator. FMRRC aims to maintain the quality of brokers, futures trading, and crypto exchanges in Russia.

In 2016, the Central Bank of Russia (CBR) became the official forex trading regulator in the country. Meanwhile, FMRRC only has the capacity as a licensor. The agency also said it would help the problem between traders and brokers regulated at FMRRC.

Broker Regulation Max Leverage Min Deposit General Rating
Dukascopy
Hong Kong
1998
DFSA (Dubai) F004307
FCMC (Latvia), May, 2011
FINMA, June 15, 2010
FSA (Japan), 2408
ESMA
1:200 $100 Review
Admirals
Argentina
2001
ASIC, 28381
CySEC, 201/13
FCA (UK), 595450
FSA (Estonia), 10932555
FSA (Seychelles), 8426894-1
Jordan Securities Commission 57026
1:500 $100 Review
FXOpen
Australia
2003
ASIC, 412871
FCA (UK) 579202
1:500 $1 Review
FIBOGroup
Austria
1998
CySEC, 118/10
FSC (BVI) SIBA/L/14/1063
1:1000 $1 Review
InstaForex
Russian Federation
2007
FSA (St. Vincent & the Grenadines) IBC22945
FSC (BVI), SIBA/L/14/1082
1:1000 $1 Review
Grand Capital
Armenia
2006
FFMS 1204
The Financial Commission, 15.01.2016
1:500 $10 Review
Weltrade
Belarus
2006
IFSC (Belize) IFSC/60/350/TS/15-16
1:500 $25 Review
LiteForex
Bulgaria
2005
CySEC 093/08 (only LiteForex (Europe) Limited www.liteforex.eu)
1:500 $50 Review
GKFX
Chile
2009
ASIC 424122
BaFin, 130602
CONSOB (Italy), 2915
Czech National Bank, 256/2004
DMCC (Dubai), 32142
FCA (UK), 501320
Finansinspektionen (Sweden), 556873-1326
FINRA, 16.06.2021
SFC (Hong Kong), AZJ874
ESMA
1:30 $200 Review
MTrading
China
2001
FSA (St. Vincent & the Grenadines), 24275
1:1000 $100 Review
FreshForex
Russian Federation
2004
FSA (St. Vincent & the Grenadines), 20623 IBC 2012
1:2000 $200 Review
Larson & Holz IT
Austria
2004
FMRRC (Russia) RU 0394 AA Vv0018
1:500 $250 Review
Forex Optimum
Indonesia
2009
FSA (St. Vincent & the Grenadines), 20603
1:500 $10 Review
TenkoFX
Belize
2011
IFSC (Belize), IFSC/60/349/TS/15
1:500 $10 Review
Tifia
Indonesia
2011
FSC (Mauritius), GB19024824
Ministry of Finance and Economic Management (Vanuatu) 40209
1:1000 $10 Review
AMEGA
Cyprus
2018
None 1:1000 $1 Review
Boston Merchant Financial
Australia
1988
ASIC, 379035
FCA (UK), 563348
FFMS, 1220
FSC (Bulgaria), RG-03-220
FSP (New Zealand), FSP328066
ESMA
1:400 $50 Review
TurboForex
Argentina
2010
FSP (New Zealand), 332266
1:500 $250 Review
Fort Financial Services
China
2010
IFSC (Belize), IFSC/60/256/TS/14
1:1000 $5 Review
Just2Trade
Cyprus
2015
CySEC, 281/15
1:500 $100 Review
MaxiMarkets
Russian Federation
2008
None 1:200 $500 Review
BMFN
Australia
1988
Vanuatu Financial Services Commission 40202
1:400 $50 Review
Land-FX
China
2013
FCA (UK), 709866
FSP (New Zealand) FSP264385
1:500 $300 Review
LiteFinance
Bulgaria
2005
CySEC, 093/08 (only LiteForex (Europe) Limited www.liteforex.eu)
1:500 $50 Review

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.



FAQ

What is the best forex broker in Russia?

Finding the best forex broker in Russia is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Russia, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.


Where can I trade forex in Russia?

The list in this page can be a good reference if you look to trade with in Russia. We have sorted specific forex brokers that accept clients from Russia, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.


What is the best forex broker for beginners?

If you are a beginner and looking for the right broker to trade with in Russia, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.

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