Forex trading in Russia.

Recently, on almost every page on the Internet you can find advertisements for Forex trading. Offers to open an account sound differently, from direct promises to increase your money hundreds of times to more correct advertising of dealing centers and their trading conditions.

Forex trading in Russia is not an entirely simple matter; we should start with the fact that this type of activity is not really regulated in this country.

Most brokerage companies operate on the basis of gambling licenses. The government turns a blind eye to these tricks, because almost all brokers are registered in offshore zones and it is almost impossible to get hold of them.

Therefore, you should be especially careful when choosing a DC, preferring to work only with proven dealing centers .

Which have managed to prove themselves over years of stable work. In practice, Forex trading in Russia is carried out according to two main schemes:

With the support of banks - this is the main scheme according to which most forex brokers work; they enter into agreements with large international banks, which then act as liquidity providers.

That is, the second party in traders' transactions. Unlike trading on the interbank market, this option allows you to use a larger leverage, sometimes it reaches 1:500 or more, this is due to the terms of the agreement between your broker and partner banks.

The loyal approach also makes it possible to start trading with a fairly small deposit of a few hundred dollars, and cent brokers allow you to try your hand with just a couple of dollars.

In addition, there is no limit on trading time; trading is available 24 hours a day and 5 days a week. Direct access to the interbank exchange - it would seem that this is a more reliable way, because you are trading on the real market.

But from my own experience I can say that in addition to moral satisfaction, you will also have to face the following difficulties: Trading hours - coincides with the work of the currency exchange, that is, you will have to trade only during business hours.

And if you work your main job, this option definitely won’t suit you. Initial deposit - as a rule, you can open an account only with at least 1000 dollars in your pocket, but more often 2000 or 5000.

Leverage - I want to immediately upset fans of scalping, this is a maximum of 1:100, and sometimes 1:50. There are also more stringent conditions for limiting the duration of transactions.

In addition, Forex trading in Russia has a number of other features, the first of which is that you can top up your account in Russian rubles.

Bank transfers and various payment systems are also available for replenishment. Sometimes beginners wonder whether it is worth trading with Russian brokers or whether it is better to start straight away with foreign companies. It is worth starting with our dealing centers, but if you decide to deposit an amount of more than $100,000 into your account, then it is advisable to enter into an agreement with an international brokerage company, and the agreement should be concluded in person and in writing.