Top Binary Options Brokers. Rating: brokers of the Moscow Exchange. Leading brokers: rating Forex brokers top 10 brokers

2.3 (46.67%) 6 vote [s]

All brokerage ratings are constantly led by the same companies - the oldest and most reliable market participants, with whom it is most comfortable and safe to work. This rating of the best forex brokers has been compiled by compiling data from specialized portals, which make up their own ratings every year. This takes into account:

• information on the company's activities: registration, jurisdiction, availability of awards, branch network, results of traders' voting, etc .;
• comfort of working with the company for a trader: data from the analysis of the minimum deposit, maximum leverage and spreads, as well as internal user ratings of brokers.

Rating of the best forex brokersthe world in 2018

What companies should traders choose for successful work, what are they, what are the features of working with each of them?

Nord FX (Republic of Mauritius)

One of the world leaders, loyal to small investors. Received the title of microbroker of the year in 2012. He has received several prestigious awards in the Asian region.

Advantages:

• 24/7 support service in eleven languages;
• allows you to use various trading strategies and advisors;
• promotions, bonuses, contests, affiliate program;
• social trading service;
• popular trading platforms + mobile applications for them;
• free demo account on three platforms.

There are no obvious flaws. In terms of the combination of advantages and the absence of significant disadvantages, many market participants believe that it is Nord FX that is the best forex broker in the world.

TeleTrade (Hong Kong)

The company has been on the market for over twenty years, its clients are hundreds of thousands of brokers from twenty countries, the number of representative offices is more than two hundred.

Advantages:

• offers training - distance and in the office;
• there is an affiliate network;
• all conditions are created for traders to work comfortably with terminals;
• free demo account;
• 24/7 customer support in twenty languages.

TeleTrade consistently appears in the world and domestic ratings "The Best Forex Brokers".

The disadvantages of the broker include not the fastest withdrawal of funds and some conservatism.

Alpari (Saint Vincent and the Grenadines)

An international group of companies, known since 1998 as one of the most reliable brokers in the world.

Alpari has clients in 150 countries. There is a system of mobile and automatic trading, round-the-clock technical support. Works in ten languages.

Advantages:

• no minimum deposit;
• the first bonus program in the forex market - Alpari Cashback, which is automatically distributed to all clients;
• courses and seminars for traders;
• partnership programs.

Among the shortcomings, we can note the weak work of technical support, regular slippage and requotes.

Forex4you (British Virgin Islands)

The company practices asset segregation and provides clients with advanced services that provide additional security for funds.

Advantages:

• Share4you service for automatic copying of transactions on Forex;
• multilevel program for partners;
• training events for those who are just entering the market;
• accounts with different processing technologies, with or without dealing;
• custody banking services for clients.

There are no particular drawbacks. Some brokers are unhappy with the frequent requests for verification when withdrawing funds. Cooperating with banks, it diversifies clients' funds.

FxPro (UK)

The company, with clients in 150 countries and a host of industry innovation awards, rounds out the TOP 5 of the best forex brokers in the world.

Advantages:

• more than a hundred financial instruments;
• client terminals on ten web and mobile platforms;
• agency model of cooperation;
• access to analytical services and news from leading agencies;
• round-the-clock support.

Disadvantages: brokers note non-market quotes and mismatch of quotes with other brokers, which does not allow using the automatic copying service.

Best Forex Brokers in Russia

According to the voting results, TeleTrade and Alpari are the leaders. Perhaps the TOP-5 best forex brokers in the world would completely coincide with the domestic rating if last year all these companies received a license from the Central Bank.

Be that as it may, apart from TeleTrade and Alpari, Russian market participants noted the following companies:

FOREX CLUB

A market participant since 1997, one of the world leaders in terms of the number of successful traders and the share of profitable transactions. The third best forex broker in the domestic market according to the aggregate of polls in 2016 and the first in December 2017, as well as a stable participant in the world TOP-10.

Advantages:

• training for beginners;
• extensive experience and a network of branches;
• fairly low spreads;
• deposit from 1 $.

Disadvantages:

periodic freezes of terminals, poor training.

Alfa-Forex

Another regular participant in the ratings "The Best Forex Brokers in Russia". Alfa Bank acts as the company's prime broker. The company has many awards, including Best CFD Broker and Best Forex Bank Eastern Europe in 2014. Its representative offices operate throughout Russia, there are no foreign offices.

Advantages:

• return of part of the spread;
• trading signals;
• browser platform;
• autotrading and trust management system;
• demo accounts and quick withdrawals;
• stable operation of the terminal;
• education;
• all trading platforms and their mobile versions.

Disadvantages:

brokers complain about “hairpins” in charts where orders are closed at incorrect prices.

BCS

The company, which, according to various resources, ranks first to fifth in the rating of the best brokers in Russia, and according to others, it belongs to the players of the "second echelon". One of the largest financial groups in the country, one of the pioneers of domestic online trading, is accredited by the London Stock Exchange and received many awards in 2004–2011, including a seven-time winner of the Stock Market Elite.

Advantages:

• allowed scalping;
• a good set of trading instruments;
• decent teaching practice.

There are no obvious flaws.

As you can see, the opinions of market participants are often contradictory, so it is impossible to unequivocally name the best Forex broker in the world or in the country. However, most ratings from large thematic resources mention all of the above companies as reliable and comfortable, which means it makes sense to think about cooperation with one of them.

I present to you the official rating of the best and most reliable Forex brokers in 2019 according to my website. site- the independent rating is based on the general impressions of working with the brokerage companies presented for several years, as well as on the analysis of customer reviews of these companies on the Internet.

Note: Over time, this TOP rating may be updated, new honest Forex brokers may be added to the rating, and some companies may be removed from the list if they tarnish their reputation in any way.

Detailed description

In my rating of brokerage companies in 2019, not only regulated Forex brokers in Russia with a license from the Central Bank of the Russian Federation can be represented, but also foreign (European and American) licensed international brokers that allow opening accounts for Russian citizens.

This page contains those exchange companies that, in my opinion, are in the TOP 10 best Forex brokers of 2019. You can decide through which broker it is better to trade and with which broker it is better to open an account. Compare trading conditions and start earning.

The rating includes reliable ECN and STP Forex brokers with cent and ruble accounts, with no deposit bonuses, with minimal deposits and minimally low spreads, with instant money withdrawal and fast order execution.

Many forex brokers offer both floating and fixed spread accounts. And some of them even provide access to binary options trading, which are quite popular.

Dear friends, this ABSOLUTELY INDEPENDENT Forex brokers rating - only the best companies are presented here. The rating is based on my 9th experience and no less experience of my friends in the Forex field.

The purpose of this ranking is to separate the wheat from the chaff. Show newbies (and not only them) really reliable Forex brokers who will not specifically interfere with them during trading, who will withdraw money exactly within the time frame stipulated in the regulations and provide fast technical support.

All Forex brokers presented on this page are licensed, some of which are very significant. Choose the broker you like and register - each of the companies has been verified personally by me and my friends, professional traders!

Wish you success. Trade only with the right brokers!

1. Forex broker EXNESS

The EXNESS group of companies was founded in 2008. Deeply understanding the needs of traders, she strives to provide the best trading conditions in the Forex market so that her clients from all over Russia and around the world have the opportunity to fully realize their professional potential and achieve success. Tight spreads, no commission for deposit / withdrawal of funds, high-quality order execution, a wide range of instruments in EXNESS are the basis of the best trading strategies. Excellent conditions, reliability, convenient service, openness, quality and availability - this is EXNESS!

Regulation: EXNESS (Cy) Ltd is licensed by the Cyprus Securities and Exchange Commission (CySEC), EXNESS Limited is licensed by the International Financial Services Commission Belize.

EXNESS Europe Limited UK has been certified by the Financial Conduct Authority (FCA) with registration number 730729.

Also EXNESS (Cy) Ltd is a member of the Investor Compensation Fund.

Account replenishment and withdrawal: 11 deposit methods and 12 withdrawal methods ().

EXNESS trading conditions:

• Trading platforms: MetaTrader 4, MetaTrader 5, WebTerminal MT4, mobile platforms;
• Account types: demo accounts, cent (only in EXNESS Limited), mini-accounts, classic, ECN-accounts (only in EXNESS Limited);
• Account currency: more than 80 options;
• Minimum deposit: absent (for cent and mini accounts);
• Instruments: more than 120 currency pairs, metals (gold, silver), CFDs on futures (NYMEX);
• Spreads:
• Max. leverage: up to 1: INFINITY (only in EXNESS Limited);
• Min. order volume: 0.01;
• Max. order volume: from 100 to 200 standard lots (for cent accounts - 100 cent lots);
• Min. order volume step: 0.01 (for classic accounts - 0.10);
• Max. number of orders: 1000 for cents, 2000 for ECN accounts, 100 for Mini accounts, unlimited for Classic accounts;
• Max. total order volume: without Borders;
• Margin Call: from 30% to 100% (depending on the type of account);
• Stop Out: from 0% to 50% (depending on the type of account).

2. Forex broker RoboForex (RoboForex)

The goal of RoboForex is the successful trading of its clients in the most comfortable and stable conditions. Evaluate the convenience of your Personal Account, a variety of trading accounts and instruments, high-quality and fast execution of transactions using STP technology, as well as trading terminals covering a variety of preferences: MetaTrader4, MetaTrader5, cTrader and their mobile versions. Test any trading strategy with RoboForex and choose the most suitable one for yourself. Give orders - RoboForex will do the rest!

Regulation: RoboForex (CY) Ltd is licensed by CySEC (Cyprus Securities and Exchange Commission), RoboTrade Ltd is licensed by IFSC.

RoboForex trading conditions:

• Trading platforms: MetaTrader 4, MetaTrader 5, cTrader, WebTrader, iPhoneTrader, Android Trader, cTrader Web;
• Account types: demo accounts, cent, standard, ECN accounts, Affiliate accounts, R Trader and Prime accounts;
• Account currency: USD, EUR, RUB, BTC, ETH, GOLD;
• Minimum deposit: 10 USD / 10 EUR;
• Instruments: 36 currency pairs, Metals, CFDs;
• Spreads: from 0 points (on an ECN-Pro NDD account);
• Max. leverage: 1:1000;
• Min. order volume: 0.01;
• Max. order volume: 100;
• Min. order volume step: 0.01;
• Max. number of orders: 200 for cent accounts (there are no restrictions for other types of accounts);
• Margin Call: from 40% to 60% (depending on the type of account);
• Stop Out: from 10% to 100% (depending on the type of account).

3. Forex broker WELTRADE

WELTRADE is 65 professionals with extensive international experience in the field of finance and Internet technologies. The company offers traders a round-the-clock, really high-quality service and an individual approach to each client. Direct communications are the main priority of the company. WELTRADE always listens to customers trying to improve its service. Why WELTRADE? - 9 years in the Forex market, more than 100,000 traders, friendly service, 24/7 support, withdrawal of funds in 30 minutes!

Regulation: Systemgates Capital Ltd., which owns the WELTRADE brand, is licensed and regulated by the International Financial Services Commission (IFSC) of Belize to trade financial instruments.

WELTRADE is a Candidate Member of the Financial Market Development Association (ARFIN), which includes participants in the international foreign exchange market Forex and other similar markets that provide financial intermediation in transactions with over-the-counter financial instruments.

Account replenishment and withdrawal: 13 methods of depositing funds and 11 methods of withdrawing funds ().

Trading conditions WELTRADE:

• Trading platforms: MetaTrader 4 for Windows, MT4 for iOS, MT4 for Android;
• Account types: demo accounts, micro accounts, Premium accounts, Pro accounts, ZuluTrade accounts, Crypto accounts;
• Account currency: USD, EUR;
• Minimum deposit: 25 USD;
• Instruments: Forex, Metals, Commodities, Cryptocurrencies;
• Spreads: from 0 points;
• Max. leverage: 1:1000;
• Min. order volume: 0.01;
• Max. order volume: 100;
• Min. order volume step: 0.01;
• Max. count open orders: 150 on Pro accounts;
• Margin Call: from 20% to 40%;
• Stop Out: from 10% to 20%.

4. Forex broker AMarkets / AForex (AMarkets, AForex)

The brokerage company AMarkets has been widely known in Russia and the CIS since 2007 as a reliable partner when working in the financial markets. It offers a wide range of financial instruments for online trading, including currencies, metals, commodities, stocks, bonds, cryptocurrencies, as well as CFDs on global stock indices. AMarkets provides premium services to traders with a focus on the quality and speed of order execution. AMarkets means transparent working conditions and safety of client funds!

Regulation: the international financial company AMarkets is a member of the Financial Commission. The presence of the Financial Commission certificate confirms the full compliance of the brokerage company with the requirements for the provided legal documents, the main criteria for the professional provision of brokerage services, the capital requirements for the Financial Commission insurance fund, as well as the principles of business ethics and fair competition.

Since 2017, the company has been audited by Ernst & Young, a member of the Big 4 (4 of the world's largest audit and consulting firms). E&Y concluded that all funds in AMarkets' accounts significantly exceed any obligations the company has to its customers. Those. a trader can withdraw his deposit or profit in any case, and in any amount.

Account replenishment and withdrawal: 15 deposit methods and 10 withdrawal methods ().

AMarkets trading conditions:

• Trading platforms: MT4, MT5 - desktop, web, mobile, MT4 Multiterminal, PAMM;
• Account types: demo accounts, Standard, Fixed, ECN, Institutional, Bitcoin;
• Account currency: Bitcoin (MBT), USD, EUR, RUB;
• Minimum deposit: at least $ 100 for citizens of the Russian Federation;
• Instruments: Forex, Cryptocurrencies, Metals, Indices, Commodities, Bonds, Equities CFD;
• Spreads: from 0 points;
• Max. leverage: 1:1000;
• Min. order volume: 0.01;
• Max. order volume: not limited;
• Min. order volume step: 0.01;
• Max. number of orders: any;
• Margin Call: from 50% to 100% (depending on the type of account);
• Stop Out: from 20% to 40% (depending on the type of account).

5. Forex broker Alpari

Today Alpari is one of the leading companies offering Forex trading in Russia. An impeccable reputation, customer focus and an innovative approach to business development allowed the company not only to firmly occupy its niche in Russia, but also to successfully conduct global expansion. The history of Alpari's development is a vivid example of how several people achieve dizzying success by starting a business from scratch. The company has been around for 18 years now - over a MILLION of clients have chosen Alpari! Forex with Alpari - traditions and reliability of work on the Forex market!

For clients with large deposits, Alpari offers special conditions for Forex trading, specially designed services and other privileges - to join the Alpari VIP Club!

Regulation: LLC Alpari-Broker is licensed by the Federal Financial Markets Service of Russia and is a member of SRO NAUFOR, Alpari Limited is licensed by the International Financial Services Commission of Belize. Alpari is one of the initiators of the creation of the CRFIN (Center for Regulation of OTC Financial Instruments and Technologies).

Alpari is a member of The Financial Commission, an international organization that resolves disputes in the field of financial services in the international currency market.

Account replenishment and withdrawal: 38 deposit methods and 9 withdrawal methods ().

Alpari trading conditions:

• Trading platforms: MetaTrader 4 and MetaTrader 5 + mobile terminal for IOS / Android, Alpari Mobile, Alpari Invest;
• Account types: demo accounts, cent, standard, ECN accounts, PRO accounts, PAMM accounts;
• Account currency: USD, EUR, RUR, GLD;
• Minimum deposit: from 20 USD (not available for cent accounts);
• Instruments: 46 currency pairs, Metals, CFDs on commodities, CFDs on indices, CFDs on cryptocurrencies;
• Spreads: from 0 points (on the pro.ecn.mt4 account);
• Max. leverage: 1:1000;
• Min. order volume: 0.01;
• Max. order volume: 100;
• Min. order volume step: 0.01;
• Max. number of orders: without restrictions (on the pro.ecn.mt4 account);
• Stop Out: from 10% to 60% (depending on the type of account);
• Telephone dealing: only closing positions;

6. Forex broker Forex4you (Forex4Yu, ForexFoYou)

The Forex4you brand is registered by E-Global Trade & Finance Group, Inc. in many countries of the world and has been represented since 2007. In many cities of the Russian Federation and the CIS, there are representative Forex4you agents who provide customer support services on all issues of trading and the Forex market. Today Forex4you in Russia actively cooperates with a wide range of financial intermediaries, insurance companies, payment systems and banks. Forex4you traders are confident that they have the best opportunities out there!

Regulation: E-Global Trade & Finance Group, Inc (E-GLOBAL) is licensed to provide financial services and is regulated by the Financial Services Commission (FSC).

E-GLOBAL complies with all regulations of the Financial Services Commission (FSC), is governed by the Securities and Investment Business Act (SIBA) and is based on three key principles: transparency of operations, protection of clients' interests and business in accordance with the law.

Account replenishment and withdrawal: 9 methods of depositing funds and 7 methods of withdrawing funds ().

Forex4you trading conditions:

• Trading platforms: MetaTrader 4, Metatrader 4 for iPhone / iPad and Android, Forex4you WebTrader, Forex4you Desktop;
• Account types: demo accounts, cent, classic, NDD accounts, PAMM accounts, Pro STP accounts;
• Account currency: USD, RUB, EUR;
• Minimum deposit: absent;
• Instruments: over 150 instruments for trading Forex, indices, commodities, stocks and cryptocurrencies;
• Spreads: from 0 points (on Pro STP accounts);
• Max. leverage: 1:1000;
• Min. order volume: 0.01;
• Max. order volume: 200;
• Min. order volume step: 0.01;
• Max. number of orders: 500;
• Margin Call: from 50% to 100% (depending on the type of account);
• Stop Out: from 10% to 20% (depending on the type of account).

7. Forex broker FreshForex (FreshForex)

FreshForex company started working on the foreign exchange market in 2004 and today it is one of the leading companies on the Internet trading market. Constant improvement of trading conditions, launch of demanded financial instruments, care for each client - all this ensured the rapid development of the company and widespread recognition of the FreshForex brand in the community of traders. Today the company provides traders with some of the best Forex trading conditions. FreshForex is your reliable Forex broker!

Regulation: FreshForex is regulated by CRFIN (Center for Regulation of OTC Financial Instruments and Technologies) and KROUFR (Commission for Regulation of Relations of Financial Markets Participants).

Account replenishment and withdrawal: 28 deposit methods and 22 withdrawal methods ().

FreshForex trading conditions:

• Trading platforms: MetaTrader 4 for Windows, iPhone / MAC, Android, Linux and MetaTrader 5 for Windows, iPhone / MAC, Android;
• Account types: demo accounts, classic, MARKET PRO accounts, ECN accounts;
• Account currency: US dollars (USD), Russian rubles (RUB), Euro (EUR), Bitcoin (BTC);
• Minimum deposit: absent;
• Instruments: 49 currency pairs, CFDs on precious metals, CFDs on shares, CFDs on indices, CFDs on energy carriers, CFDs on cryptocurrencies;
• Spreads: from 0 points (on ECN accounts);

The broker plays the role of an intermediary between you and the foreign exchange market directly. It is the forex broker that provides you with a platform for further trading.

Choosing a reliable Forex broker is a key factor in achieving success in this business. Not surprisingly, finding a broker that meets your expectations can be difficult. In addition, different brokerage companies offer a different set of services, platforms, trading conditions and technologies. Here you can only be helped by a thorough analysis of all the characteristics of companies and an independent, objective and high-quality rating of forex brokers.

What do we offer

This section includes a list of brokers starting with the leading companies. This procedure was carried out in accordance with the detailed rating of brokerage companies developed by our team. Our independent rating of Forex brokers is based on many criteria and will become an indispensable tool in evaluating and choosing a broker.

In addition, we have prepared a set of tools for you to facilitate this search. You can sort the list according to the specified categories, which are presented on the left, or using the options to filter. You can also view on the map exactly where the offices and branches of certain world brokers are located.

Whatever method you use in your search, we are always ready to provide assistance in such a responsible matter as choosing the most optimal forex broker for you.

Hello, readers of the financial magazine "site"! Today we bring to your attention an article on the topic of choosing a reliable broker on the Forex exchange.

From the materials of this article, you will learn:

• What is the activity of a forex broker and its main functions;
• What criteria should be used to evaluate and select a potential broker;
• Which company is better to choose - foreign or Russian;
• What does the TOP-10 best Forex brokers rating in Russia look like;
• List of licensed Forex brokers by the Central Bank of the Russian Federation, as well as a number of companies whose applications are pending with the regulator.

The foreign exchange market operates around the clock and enables people to earn money without leaving their main job.

The article will be useful for those who want to make money with help in the Forex market and want to make a choice in favor of a reliable broker. We also talked about profitable in one of our previous publications.

The material below will help you choose the option that suits you from the variety of brokerage organizations present on the market.

So here we go!

Forex brokers: who they are, how to make the right choice, which brokerage companies operate with a valid license from the Central Bank of the Russian Federation, and what the rating of the best Forex brokers looks like - you can find out about all this by reading the article to the end

1. Who is a forex broker - concept overview + basic functions 📃📈

Concept "Forex broker" is the most used for trading operations on the Forex exchange.

1.1. Who is / what is a broker - detailed description

Broker - an authorized person executing orders buyers and sellers on the stock exchange and receiving monetary remuneration for his intermediary work.

This exchange participant can be both individuals and organizations (legal entities)... The size of the commission is clearly regulated and legally formalized in the form of an agreement with the client.

On the Forex exchange, the object of buying and selling is currency ... To acquire a position, the buyer turns to forex broker , who, focusing on the wishes of the client, carries out his instructions.

To eliminate all sorts of speculations, the range of actions of intermediaries is clearly prescribed in the agreement, on the basis of which the broker can take actions purely at the request of the client, and at his own discretion.

A prerequisite for participating in foreign exchange trading is availability at the intermediary licenses for brokerage, as well as official registration on the trading floor.

1.2. Main functions of a forex broker

By the way, you can trade financial assets (currency, stocks, cryptocurrency) directly on the exchange. The main thing is to choose a reliable broker. One of the best is this brokerage company .

The fundamental task of a broker on an exchange is to help the client to maximize their income. The expectation of profit prompts buyers and sellers to delegate the management of their own financial resources to forex brokers.

In addition, intermediaries in this market perform a series of important functions:

• Transactions.
• Providing the client with information on the necessary transactions. Thanks to their experience on the exchange, brokers can provide the necessary information about risks and various "pitfalls" that a partner may not even be aware of.
• Managing financial records of its clients. The list of documents must comply with the current legislation and the requirements of regulatory authorities.
• Providing the client with information about transactions with securities. The broker is also guided by the current legislation and provides information only in the manner and cases provided for by them.
• Forecasting. Knowledge and experience of the activity will allow the broker to analyze the possible prospects of the transaction.

This set of tasks and functions that brokers perform on the Forex exchange requires significant knowledge, experience in the market, taking into account the requirements of regulators, and also provides for orientation in the relevant legislation. Given these factors, most market participants prefer to achieve results using the services of brokers.

Investors on the exchange are divided into two categories:

1. To the first include those participants who simply indicate positions for investment. As a rule, these are experienced clients who understand the mechanisms of market functioning. For this category, the broker's tasks are reduced to providing up-to-date information and forecasting possible profits.
2. Second category- newcomers to the market and participants with little experience. To achieve certain results, it is advisable for them to use the knowledge and experience of their forex broker.

For proper performance, the choice of a broker should be treated as carefully and scrupulously as possible.

Important Criteria for Choosing a Forex Broker

2. How to choose a Forex broker - 10 basic parameters for choosing 📝📊

Choosing a broker- the most important question for potential participants of the Forex exchange. The popularity of this site for Russia is growing at a significant pace. At the same time, the number of brokers and legal entities providing brokerage services to exchange participants is growing.

The growing influence of information technology on the communication processes of a broker with potential investors may lead to the fact that a not quite competent intermediary on the exchange, who knows how to sell his services well, will cooperate with a larger number of novice investors than a more sophisticated competitor.

In order not to be mistaken with the choice of a counterparty, there are a number of parameters by which the client can distinguish serious professional brokerage company, among a large number of competitors.

Parameter No. 1. Trading conditions

Initially should pay attention on size of the initial deposit... It should be determined purely by the amount of the investor's capital. At the same time, a significant part of brokers, trying to attract new partners, reduce the entry threshold to the market, reducing it to 10 – 20 dollars.

Some brokers use some restrictions and offer newbies to deposit on the account several hundred dollars and use them in bidding.

For some brokerage firms, trading is a prerequisite for interaction. minimum in one lot , but in this case, for proper money management, the trader needs to have the amount 10,000 dollars and more.

Parameter No. 2. Spread size

A significant aspect of the choice is the size and type of spread used.

Some companies exhibit floating indicator, which can change based on the events taking place in the market. In this case, at moments of significant changes, this indicator can increase many times.

Some brokers use fixed spread that does not change in any market situation.

Parameter No. 3. Commission fees

Most brokers do not charge a commission for their services, and their earnings are mainly based on the spread. But not all.

In order not to get into an unpleasant situation, the client should carefully study all its aspects before signing the contract. Almost all operators charge commission for holding a position longer than a day- this process was named swap... At the same time, based on the interest rate on the selected pair, the swap can be positive.

Parameter No. 4. Additional restrictions on trading

Some brokers there are special requirements:

• limitation on the number of transactions;
• "Participation" in the auction of a specified amount of funds.

Failure to comply with these requirements leads to automatic withdrawing a certain fee from the account.

Parameter No. 5. Ease of deposit and withdrawal of funds

It is important to learn about the methods of depositing and withdrawing funds, as well as about the possible commission for these operations. An important issue is the possibility of using payment systems.

It happens that money can be entered in one way, but withdrawal is not possible in the same way.

Some brokers cover the costs of money transfers from clients, others do not provide this service. You should also clarify about list of required documents for the successful completion of the relevant operations.

Parameter No. 6. Reliability level

When making a decision, you need to find out the legal status of the broker, as well as the resident of which country he is.

It happens that a brokerage company is registered in one of them, and in case of negative consequences of cooperation, it will be problematic to protect their rights.

Parameter No. 7. Terms of a brokerage agreement

Before signing the contract, you should evaluate what mechanisms it provides for resolving disputes, as well as the ratio of obligations with the responsibility of the parties.

The positive aspects include the presence in the agreement of the regulations according to which the operations will be carried out. If you find biased terms of the agreement, it is better to resolve them. BEFORE registration of the contract.

Parameter No. 8. Availability of permits (licenses)

Availability of a license is an an important criterion when choosing a brokerage company... Most of the Russian brokerage companies are licensed by the Central Bank of the Russian Federation to carry out dealer activities in the forex market, which allows us to filter out some of the unscrupulous organizations. (We will provide a list of forex brokers licensed by the Central Bank of the Russian Federation in the corresponding section of this article. below).

Parameter No. 9. History of the company and its presence in the market

The number of branches and clients, the size of the authorized capital, reviews of the company's activities are factors that can provide objective information about a potential partner.

Parameter No. 10. Liability and risk insurance

The presence of the intermediary's responsibility to clients guarantees the safety of financial assets, makes it possible to rely on compensation for possible loss of funds, and also allows minimize risks.

Using the above parameters when evaluating a broker will allow a novice trader to make the best decision when choosing an intermediary for.

3. Who is better: Russian or foreign Forex brokers? 📌

The development of Internet technologies allows a modern investor to have the opportunity to make a choice in favor of a domestic broker or use the services of foreign brokerage companies.

comparison table

The table will allow you to compare the advantages and disadvantages of a particular solution:

Comparison criterion	Foreign brokers	Russian brokers
Reputation	Trustworthy reputation	Some companies do not provide a high level of service and services
Minimum deposit amount	High threshold to market - significant initial investment required	You can participate even with a minimum starting capital by opening a cent account
Language	The vast majority use English, and there is no Russian-language support	Russian language is used
Trading platform	Complex and inconvenient platforms, it takes a lot of time to learn	Mostly convenient platforms for traders
Withdraw funds	Withdrawal of funds through foreign banks	Various options for withdrawing funds are provided
Knowledge of the domestic mentality	Absent	Targeting domestic participants in the foreign exchange market

Based on the data in the table, you can see that Russian brokers provide more convenient conditions for domestic investors, but at the same time, foreign companies are distinguished by a high level of service and provided services.

4. The best Forex brokers in Russia - rating of the TOP-10 brokers in terms of reliability 💎

Having examined the list advantages and disadvantages leading forex brokers (dealers) in Russia, a novice trader can do right choice.

Forex broker # 1. Forex Club

Forex Club has been presenting its services on the market since 1997, and is one of the leading companies.

Advantages:

• International quality certificate ISO 9001;
• Simplicity and availability of registration;
• Bonus accounts;
• Spread size - from 0.5;
• The presence of positive swaps.

Disadvantages:

• High threshold for starting deposit - from $ 200;
• Leverage - from 1: 1 to 1:50.

Official Forex Club brokerage website link.

Forex broker # 2. Alpari

Alpari - very popular, providing a high level of service, and reliable brokerage company... The company has been operating since 1998.

Advantages:

• Equally favorable conditions for a beginner and an experienced investor. The smallest spread is 0.1 pips, after registration, dollars, rubles, euros and gold in the currency of the deposit are already available;
• Low start-up investment. On the "nano" account, you can trade with $ 5 capital;
• Educational programs. A large list of paid and free information for developing the skills of both newbies and successful investors;
• High profitability. From one option, income can be up to 100% profits (We talked about that in the last article);
• Providing information. The broker's website is equipped with all the necessary information about subsequent economic events, as well as forecasts from experienced investors. This allows you to make informed decisions and minimizes risks;
• PAMM accounts. gained significant popularity. One trader transfers money to another in the authorized management, intending to receive income, and provides the account manager with a part of it;
• The procedure for depositing and withdrawing assets. Replenishment and withdrawal of money takes place very quickly, in the absence of commissions (maybe from the side of payment organizations), and all popular payment systems are also available;
• Reputation. The company is highly respected among other brokers, as well as investors and stock speculators;

The disadvantages include: the company is a resident of the offshore zone (Grenada).

Forex broker # 3. Alpha forex

Brokerage company Alfa-Forex was registered in an unregulated offshore zone (British Virgin Islands) in 2003, but replaced it in 2016 to Cyprus jurisdiction which is more civilized. The broker is a subsidiary of Alfa Bank.

Advantages:

• Reputation. The parent company provides the broker with a form of management and affects the level of services, which affects the service;
• No restrictions on the minimum deposit to the account;
• Variety of trading platforms;
• No commission when withdrawing funds;
• Fast deposit and withdrawal operations;
• Free educational materials;
• Minimum spread level - 0.7 pips;
• Leverage - from 1:50. Most pairs - 1: 200;
• The ability to use bank accounts for operations in the Forex market. The bank is a tax agent and solves tax issues of its clients.

Disadvantages:

• Difficulty verifying your account;
• Technical support;
• Site. Information content leaves much to be desired - most of the information becomes available after registration on the site.

Forex broker # 4. InstaForex

Insta Forex is a group of companies providing brokerage services. Has been working on the Forex exchange since 2007 and is the leader of the Asian market ... A distinctive feature is the orientation towards attracting newcomers.

Advantages:

• Loyal attitude towards newbies. Variety of materials for;
• No minimum deposit. You can trade from just 1 cent. In the absence of funds, but there is a desire to study, a hundred-dollar bonus is provided, which must be "worked out" by a large number of transactions;
• Large range of trading leverage. You can trade without leverage (1: 1) or with leverage up to 1: 1000;
• Low spread. Some account types do not have spreads, while others are billed at a low level;
• Low swaps. When holding positions for a considerable time, traders do not feel significant losses;
• A significant number of foreign exchange instruments;
• Bonus system. Progressive system of incentives when replenishing accounts;
• Trader motivation system. A large number of competitions with significant prizes;
• Interest free funds. 13% per year is charged on free money on the deposit.

However, there is also a number of disadvantages:

• Piling up the broker's website with information. Congestion is offset by good site navigation.
• Delays in the process of depositing / withdrawing money.
• Lack of proper regulation when disputable situations arise.

Forex broker # 5. Finam

Finam Limited - an organization providing brokerage services since 2003. The country of registration is Cyprus, where the activity was licensed.

Advantages:

• Forex broker license of the Central Bank of the Russian Federation. Provides maximum protection for clients in case of conflict situations;
• Reliability;
• Deposit / withdrawal of funds.

At the same time, with the receipt of a license, significantly earning opportunities have worsened:

• Minimum capital - USD 500;
• Leverage - only 1:40;
• High spreads;
• Account currency - Russian ruble only.

Forex broker # 6.

Adamant Finance Is a company founded in 2014 that allows you to trade both on spread and on commission terms.

Advantages:

• Minimum exchange spreads;
• Fast order processing;
• Leverage - up to 1: 500;
• Minimum deposit - from 1 US dollar;
• Commission. For the classic account - no, for the rest - insignificant commission;
• Number of instruments - up to 104;
• The presence of bonuses.

The negative aspects include:

• lack of training videos;
• verification features;
• using one trading platform - MetaTrader 4.

Forex broker # 7.

Teletrade – brokerage company founded in 1994 and currently represented in 30 countries with more than 200 offices.

Advantages:

• Free analytical information and training;
• 24/7 technical support;
• Various bonuses and promotions;
• Trust management.

Disadvantages:

• High minimum deposit - 1000 USD;
• Maximum leverage - 1: 100;
• Spreads: minimum floating - 0.5, fixed - 3;
• The minimum lot is 0.10;
• The number of trading instruments - 47;
• Withdrawal of funds.

Forex broker # 8.

Is a well-known broker founded in 2007 and registered in the British Virgin Islands.

Advantages:

• Availability of cent accounts;
• Maximum leverage - 1: 1000;
• Low spread;
• Minimum lot - 0.0001 (cent account), from 0.01 (on other accounts);
• Insurance of traders' accounts;
• Minimum deposit from 1 dollar.

Disadvantages:

• Lack of bonuses and promotions;
• One trading platform - MetaTrader 4;
• Lack of regulators.

Forex broker # 9.

Brokerage company RoboForex was founded in 2009 in New Zealand.

Advantages:

• Minimum deposit from 1 dollar;
• Leverage up to 1: 1000;
• Spread from 0 pips;
• A wide range of trading platforms;
• A significant selection of accounts for both beginners and professionals;
• Bonuses for replenishment of the account in the amount of 50% of the amount;
• Tutorial. Permanent video seminars for traders of different levels.

Disadvantages:

• Floating, dynamic spreads;
• Stop trading. From eleven to twelve at night, trading stops;
• There are slippages.

Forex broker # 10.

The company was founded in 2007 by successful traders and is currently represented in 7 countries around the world.

Advantages:

• A large proportion of successful investors from the total;
• Convenient work of functionals;
• A large number of financial instruments;
• First deposit bonus;
• High speed of execution of transactions;
• Special analytics tools;
• Customer insurance;
• High level arbitration;
• A significant selection of trading platforms.

Disadvantages:

• There are delays in the withdrawal of funds;
• Trade 5 days a week;
• Lack of cent accounts.

All considered brokerage companies have their own individual characteristics, and for the optimal choice in favor of one of them, you need to realistically assess your knowledge, experience and financial capabilities.

Current list of forex brokers licensed by the Central Bank of the Russian Federation

5. Forex brokers licensed by the Central Bank of the Russian Federation in 2019-2020 📋

In Russia at the end 2015 of the year a law was passed regulating the activities of brokerage organizations operating on the Forex exchange. This led to significant changes in the market for these services.

According to the license of the Central Bank of the Russian Federation, brokerage companies are required to make changes to trading processes:

1. Reduce maximum leverage to 1:50 . This decision is negative for experienced investors, but at the same time it is intended to protect the interests of newcomers.
2. Reducing the list of tools to 26 currency pairs. The measure is positive, since the proposed choice of pairs is the most liquid.
3. Obligation to keep investors' funds on separate accounts in banks. This change gives a significant advantage to traders (additional guarantees for the safety of funds).
4. Obligation to pay taxes from profits earned by traders. Since 2016, licensed brokers are required to pay tax on the profits earned by investors. The tax rate for Russian traders is 13 %, and for all others - 30 %.

5.1. List of licensed Forex brokers of the Central Bank of the Russian Federation

Initially, it was assumed that most of the brokerage companies would accept the conditions of the regulator, restructure their activities and obtain a license to officially operate in Russia. however, by January 2019, there are few such organizations:

1. FINAM FOREX , the license was obtained on 12/14/2015;
2. Alfa-Forex, the license was obtained on December 21, 2018;
3. "VTB 24 Forex" , license received on 01.09.2016

5.2. Forex brokers under consideration by the Central Bank of the Russian Federation

The Central Bank is considering applications for licenses from well-known brokerage organizations.

The overwhelming majority of companies operating on the Russian market have not even applied for a license.

Most likely, this is due to the fact that a significant amount of investment is required to bring activities in line with the new requirements. The second factor is the absence of significant obstacles in further activities even without a license.

Cooperation with a resident company in Russia will allow investors to be more protected, but they will have to give up high leverage.

6. How to avoid common mistakes when choosing a broker in the Forex market - practical tips and tricks 📑

In the above information, have been considered 10 the best and most reliable companies, cooperation with which will not bring unexpected financial losses if the opportunities given by forex brokers are used correctly.

When choosing a broker, you should also consider additional aspects:

• Analysis of reviews on the Internet. Study is necessary, but you should not "blindly" believe, because most of the newcomers suffer losses due to the desire for quick success and lack of experience. The focus should be on quality of service and the level of the affiliate program.
• Lack of negative attitude towards software.
• Broker's attitude to complaints. Fast response, help and advice are the hallmarks of a reliable broker.
• The process of depositing and withdrawing funds. If the broker has cent accounts, it will be advisable to check the system's operation: deposit a couple of dollars, and then withdraw them. Reliable brokers have no barriers to withdrawing funds.
• Official registration.

7. Frequently asked questions on the topic of publication 🔔

We have taken the most frequently asked questions of novice traders and tried to answer them.

Question 1. How do brokers that provide no deposit bonus on Forex work?

There are companies in cooperation with which you can not make a deposit , but in this case the money is not given free of charge.

In one of the options when registering, a trader receives a bonus, but to withdraw these funds, they must be “worked out” with a certain set of concluded deals.

In other cases - payment for training is carried out, after which the broker is convinced of the trader's competence and allocates money for trading, and the income is divided in half.

Question 2. Where can I find real reviews about Forex brokers and an independent assessment of traders?

There are many sites and thematic forums on the Internet dedicated to the activities of forex brokers. It should be noted that objective information and a real assessment of traders can be found on the vastness of the world wide web quite difficult.

An objective independent review must meet the following criteria:

• Facts and information supporting them;
• Lack of emotion;
• Maximum information content of the review.

An unbiased assessment of brokerage companies, in our opinion, is presented on the Internet resources: forex-ratings.ru and gurutrade.ru, the purpose of which is the analysis, comparison and selection of the most reliable forex brokers.

Question 3. What brokers offer to open cent accounts?

The optimal solution for starting activities on the Forex exchange, as well as for evaluating innovative strategies, it would be advisable to use cent accounts .

The table discusses brokers who offer to open cent accounts, as well as the terms of trading on them.

№	Forex broker	Check	Minimum deposit	Minimum lot	Instruments	Spread
1.	Alpari	Nano.mt4	—	0,0001	51 currency pairs, metals	Fixed, with 2 points
2.		Fix - cent	—	0,0001	31 currencies, metals	From 2 pips, fixed
		Percent			34 currencies, metals	From 0.4 pips, dynamic
3.		Cent	2 cents	0,0001	Currencies Commodities	Fixed from 2 points
		Cent-NDD		0,0001	Currency pairs	Floating from 0.1 pips
4.	Exness	Cent	—	0,0001	Currencies Metals	from 0.3 pips, dynamic
5.	Aforex	Robotics	USD 100	0,001	Currency pairs	From 2 pips, fixed

7. Conclusion + video 🎥

Choosing a broker is a serious factor that significantly affects the further result in the Forex market.

There are a large number of companies in Russia that provide intermediary services on the stock exchange. An objective assessment of their capabilities, as well as the study of the individual characteristics of the trading and educational conditions of brokerage companies, will allow a beginner to make the best choice.

That's all for us.

Dear readers of the online magazine "RichPro.ru", we will be very grateful to you if you share your knowledge, opinions and experience on the topic of publication in the comments below.

Hello! In this article, we will tell you about forex brokers.

Today you will learn:

• Why is it important to choose a good broker;
• What to base your choice on;
• Top 7 best brokers.

Why is it important to choose a good broker

It would seem that everything is simple: with a good broker, the playing conditions are better, the commissions are lower, and in general the game is more pleasant. Yes, everything is exactly that, but more importantly, a good broker will allow you to withdraw the earned money and will not put a spoke in the wheel such as limiting the withdrawal of money, limiting the use of leverage and other conditions that reduce your earnings.
Forex brokers can be compared to casinos. By playing with online forex brokers, you are not entering the real market. All transactions take place within the system. This means that the main struggle is between the player and the institution. Therefore, each institution is interested in winning.

And now about why the institution will always win, regardless of whether you specifically play with a plus or not.

There are 2 probabilities of playing on the stock exchange: you will make a profit, you will incur a loss. Over a long distance for the average player, all these decisions will be in a ratio of about 50/50.

And it would seem that every average player should break out. But this is not the case. There is one more "but" - the commission for the completed operation. It is she who brings the very income that brokers live on.

This is a somewhat simplified scheme, but it will allow you to understand why competent brokers will still be calm about their wallet. But, nevertheless, there are dishonest companies that, due to fraudulent schemes, remove players who are profitable, putting a spoke in their wheels.

And some brokers, despite the fact that the authorities of European countries are already actively fighting this, prefer to carry out the procedure and keep all the money for themselves.

Doyle Brunson - one of the most famous poker players said an interesting phrase:

In my time, it was difficult not to win - almost everyone could do it. It was difficult then to leave with my winnings, and therefore I always took a pistol with me.

We don't have any pistol, especially since we play on the Internet, but the main point is clear: it doesn't matter what you win. You won only when you took your winnings for yourself.

Rating of TOP-7 Forex brokers licensed by the Central Bank of the Russian Federation

Below we present a list of the best forex brokers according to the opinions of many sites with trader reviews. These brokers have long established themselves in the market.

Alpari

A very popular platform both in Russia and in the world.

Alpari is suitable for both beginners and more seasoned professionals. Everyone can find a trade to their liking. The minimum deposit is $ 5 on an investment account.

After registration, you can make transactions with the following assets: rubles, dollars, euros and gold. It is also expected to reimburse up to 20% of funds for rare unsuccessful transactions.

Alpari is nevertheless designed for a wide audience, so the site development team has prepared a lot of training programs and manuals for beginners to help them learn all the intricacies of trading.

Pros.

The advantage will be the minimum spread, many ways of depositing and withdrawing, as well as an additional way to earn money in the form of binary options. On alpari, everyone can find a trade to their liking.

Minuses.

But despite all its advantages, Alpari's activities cause some doubts. The broker is registered in an offshore zone, and is still trying to obtain a license from the central bank to carry out operations in the territory of the Russian Federation.

Despite this, the company remains as reliable as before, which is only advertising on television, on one of the most expensive channels. But figuring out what Alpari really is is very difficult.

Roboforex

A New Zealand company that has been conquering the European and Russian tops since the launch of its program.

Pros.

The most important thing about roboforex is its training materials and constant video conferences, which help to learn how to trade in a short time. The spread starts from 0 pips, which is good news. A huge selection of trading accounts makes the site even more attractive for both beginners and professionals.

A large selection of trading platforms and analysis tools make trading more and more convenient. A loyalty program in the form of bonuses for replenishment up to 50% can accelerate a trading account to high turnovers, with a minimum investment.

The minimum deposit amount is $ 1.

Minuses.

But there are two significant drawbacks: trading stops from 11 to 12 hours daily, and periodic slippage. Both can bring additional costs, but over time and habits, you will be able to get used to everything and reduce costs to a minimum.

Insta-forex

A true leader in the Asian market. This is a company that puts cultural development and helping newcomers first.

Pros.

A wide range of trading leverage allows both conservative traders (1: 1 - the minimum value) and risk-lovers to trade - a maximum of 1: 1000. Having caught a trend once, you can earn a colossal amount of money by spending a minimum.

A large selection of currency instruments for analysis, coupled with a bonus system, allow you to receive additional funds due to a successful game in the currency market. Plus, additional profitability is provided by the accrual of interest on the balance on the trading account.

Minuses.

The disadvantages include the complexity and confusion of the site. It will be very difficult for a beginner to understand what and where is on the portal.

Alpha Forex

Subsidiary of Alfa-Bank.

Pros.

Alfa-forex still focuses on beginners, creating all favorable conditions for them. There is no minimum entry threshold, and the parent company, the bank, affects the services provided by the broker only for the better.

Free tutorials and a small spread also play into the hands of beginners. With this broker, you can quickly learn to trade with a large leverage, the main thing is to quickly regulate your own losses.

For those who like big risks and rewards, Alfa-Forex is renowned for its leverage. For most transactions, a leverage of 1: 200 is opened, which will allow you to play on market fluctuations even with minimal funds and get a huge profit due to the correctly predicted direction of the currency rate. A quick and commission-free withdrawal allows you to withdraw your funds within literally a few days.

Minuses.

Of the minuses, one can emphasize the location in the Cyprus offshore zone, the difficulty in verifying a new user and the very low usability (convenience) of the site. The broker's website is not made of high quality, which is why many newbies can easily get confused in it.

A relatively young company that has managed to loudly declare itself in several years.

Pros.

Among the advantages, we can note: low spreads, small commissions, leverage up to 1: 500 and a good bonus program. All this allows you to earn extra money through a successful game and come out with a good plus, even with minimal investment. The minimum deposit amount is $ 1.

Minuses.

The disadvantages include the lack of training manuals. The broker prefers to work with the average capital of already more experienced traders. Also of the insignificant, we can note the presence of only one trading terminal - MetaTrader 4, as well as a rather specific verification system.

Forex club

Pros.

One of the oldest companies operating in the Russian Federation. Received an official license from the Central Bank to carry out its operations in Russia. Reliability is the best word for this broker.

But besides the reliability, there is nothing special to note.

The average start-up capital is from $ 50.

Minuses.

Unstable operation of trading terminals and low leverage - 1: 1 - 1:50.

Teletrade

It is a brokerage company that started its activities in 1994. One of the first to receive a license to carry out its operations on the territory of Russia.

He actively promotes educational materials to the masses, creates programs, and does everything to make forex trading more and more popular.

Pros.

Bonus support, excellent support staff who can even suggest an effective strategy. Trust asset management will allow you to transfer your money to other traders and the company itself.

The minimum deposit is $ 1000 dollars.

Minuses.

A complex procedure for withdrawing funds, a relatively small number of analytical instruments, a large spread and a minimum lot of 0.10.

Rating conclusion

It is better to check several times and spend a few days choosing a reliable company than to lose all your money not because of your own mistakes, but because of fraud.

One important point! brokers with a simple client identification (verification) system deserve much less trust than their more corrosive counterparts. Since in Russia and most countries of the world there are laws against the legalization of proceeds from crime, all companies working with finances are required to control their clients so that they cannot launder their money in this way.

Consequently, the better, more detailed and to some extent annoying the verification system, the more knowledge they will get about you, and the better the company fulfills its obligations to the state.

What parameters should be used to evaluate a broker

Now let's talk about what to look at first when choosing a broker for long-term cooperation:

1. The minimum amount of the deposit.

The first thing you need to pay attention to is the minimum deposit. It can be different, from $ 10 to $ 1,000,000.

Depending on this parameter, you can identify the target audience of this broker: a small amount - designed for beginners and inexperienced players, who in most cases lose their deposit; average amount - designed for richer players, or more experienced; and a large amount shows the broker's professionalism and his willingness to enter transactions on the real market.

Brokers for beginners are more characterized by the presence of a large number of training materials, demo accounts and other "delights" that attract newcomers to their network.

They are good primarily because they give you a try at such an unpredictable Forex market with minimal investment. Perfect for those who are ready to part with a small amount and gain invaluable experience.

Medium brokers are already more interesting for those who have gained at least a little experience. Professional traders prefer to overclock their trading accounts from 3-5 thousand dollars, and this is the minimum deposit that medium-sized companies should have.

Traders rarely enter the real market with their deals, but at the same time such brokers prefer to play a more honest game, because their margin quietly covers losses and makes the broker a big plus.

Brokers with a large minimum contribution- companies that are focused on professionals. They allow them to enter the real market and live on% of the deals. They have the most advanced trading terminals, the best advisors and an excellent support service that will explain and advise absolutely all points, including the choice of a strategy.

But there is a significant disadvantage - a large (10,000+ dollars) amount of the initial payment and expensive trading software. Suitable only for those who have already managed to make a profit in the Forex market and are engaged in it on a regular professional basis.

To summarize the above: if you are a beginner - feel free to choose a broker with a minimum deposit, briefly watch the tutorials, make several deals, click on different keys of the trading terminal - the exhaust will be minimal, as well as the losses, but the experience will increase significantly.

2. Size of the Spread.

As part of the Forex game, the spread will be an additional obstacle to making more profit.

Spread - the difference between the purchase price and the sale price for a specific period of time. Therefore, we have: the purchase price of the dollar for rubles - 58.72, the selling price of the dollar for rubles - 59.05.

59.05 - 58.72 = 0.35 kopecks - this is the size of the spread.

For beginners, the spread should be as small as possible. Pay attention to this when you first meet a broker, because a large spread can eat up almost all your earnings.

3. The size of the commission.

Despite the fact that most brokers do not take a commission, and profit according to the scheme described in the first part of the article, some companies still prefer a fixed income from each transaction.

It is worth remembering that for the transition to the next day when trading with leverage, each operator will take a commission, as for the loan provided. This is quite logical, because you have been using borrowed funds for more than 1 business day.

The amount of commission is one of the most important parameters, which is still worth paying attention to. Too small commission is a reason for suspicion, too large is a blow to your pocket. Try to choose the market average.

4. Restrictions on trade.

Some brokers put some trading restrictions on successful or simply profitable traders. They can be expressed in a decrease in the number of transactions, the size of transactions and various smaller terms.

If a broker sets limits for you after your successful game, this is the best signal to withdraw money as soon as possible and look for a new partner to earn money.

5. The procedure for depositing and withdrawing funds.

Learn how you can deposit and withdraw money from the system in advance. If you are provided with a wide range of ways to deposit and withdraw funds, do not assume that this is the best broker. This is often done by scammers.

Indeed, according to the Federal Law “On Combating the Legalization of Proceeds from Crime and the Financing of Terrorism,” a broker has the right to transfer funds only in the same way that the client entered them.

Consequently, if a broker violates direct Russian law, then in other respects it may be dishonest. Of course, this can cause some inconvenience, but the price for reliability is low.

6. Availability of licenses.

Perhaps one of the most interesting and important points. On the one hand, licenses are a defining document that shows the confidence of the state (or states) in this company. But on the other hand, most fly-by-night companies easily falsify documents.

What licenses speak for sure about the reliability of a broker: a permit to conduct operations on the territory of the Russian Federation, issued by our Central Bank, is one of the main documents.

The Central Bank is an independent and quality-oriented structure that will release only trusted companies to our market. And all European licenses and permits will also work.

In the countries of the European Union, the activities of forex brokers are monitored very closely, and if a broker that positions itself as a European does not have a license to enter Europe, it is worth considering why.

7. History of the company.

The most controversial point of all. On the one hand, the history of a company can give a lot to its potential client. The important points will be: how many years on the market, what are the goals, objectives, scope of activities, coverage of the territory, the number of positive and negative reviews, and many other information that will directly or indirectly make it clear whether the company is reliable, or another fraudulent company.

But the web is now a real battleground among competitors. It doesn't cost anything to order an angry article and another scam stuffing by one of the top brokers. On the other hand, start-up companies often invent legends for themselves, non-existent activities, order reviews about themselves, and much more.

To understand all the information, you will have to tinker a lot and be able to distinguish custom reviews from real ones.

But if you still learn and spend a sufficient amount of time, with the help of reliable information about the history of the broker, you can glean all the information about its reliability.

Russian companies against foreign

Now let's compare Russian Forex brokers and foreign ones. Let's understand which companies are better for the Russian user - domestic or European brokers.

Comparative characteristics	Russian brokers	Foreign brokers
Reliability	Relatively small. There is still no proper control of the Forex market in the Russian market	Reinforced concrete reliability It is extremely difficult to go through the licensing procedure in Europe or America
Entry threshold	Minimal Domestic companies prefer to work with newbies and small / medium deposits	Big enough. Foreign brokers prefer wealthier and more professional traders
Language	In most cases, English, on some sites there is a switch to Russian	Mainly used in Russian
Trading terminals	Due to the complexity of the language, they are quite difficult to learn and are designed for more advanced users	Designed for beginners, in Russian, but inferior in analysis tools to foreign ones
Withdrawal methods	Foreign banks and payment systems	Domestic banks and payment systems, direct transfers to cards

We can classify American brokers as foreign ones, which are also distinguished by their increased reliability, and due to the fact that America is a world financial center, they also have requirements for their clients.

It will be much easier for a beginner to play on Russian brokers. No special skills or knowledge of trading terminals is required. You can start playing and get comfortable in just 2-3 days. And a week later, get your first profit on the card.

But if you want 100% reliability and stability, as well as trading with the best and advanced terminals, then your choice should go towards foreign brokers.

Cent and dollar brokers

A few words about cent and dollar brokers. One cannot fail to mention cent brokers as the ideal vehicle to start a forex game. Everything is covered not only in the minimum entry amount - from a few cents to 10-50 dollars. Cent brokers allow you to trade with much lower risks and losses. Let's see how cent brokers achieve this.

If the standard change of one point for a dollar broker with a lot of 0.1 is 1 dollar, then the change for a cent on the 1st point will be equal to 1 cent. Simply put, changing one point will hit the player's pocket 100 times less than when playing for dollars.

But many people have a very reasonable question: why do we need cent brokers if there are demo accounts and other training manuals. Let's be honest - a demo account with most brokers is suitable only to get acquainted with the basic functionality of a trading terminal.

The game for candy wrappers is not connected with reality, it does not allow testing strategies in real time with network latency, large spreads and other "joys" of online trading.

That is why, in order to see the real behavior of your strategy in the real market, it is enough to use a cent broker, which will reduce financial losses to a minimum. The cost of such basic experience will be relatively small 10-20 dollars for a month and a half of use and knowledge of the intricacies of forex trading.

Only after a newbie receives the first money on a cent broker should he switch to the dollar game with great risks, not forgetting that now he will have to risk much larger amounts when the price moves by 1 pip.

Diversification of risks when working with brokers

Everyone has heard about diversification of assets and quite often. But in the usual sense, such a division means the following:

We distribute funds between several assets in order to reduce the risks of failure and compensate for the drawdown of one asset by raising another.

But the situation with brokers is somewhat different. By diversifying funds, we protect ourselves primarily from fraudulent activities, as well as company bankruptcy.

Redistributing funds between multiple brokers is a great way:

• Reduce risks when working with operations;
• Reduce account turnover;
• Risk much smaller amounts (after all, transactions by 1-2% to the account);
• Provide a more accurate statistical picture.

Many forex brokers have already acquired not only currency, but also securities and raw materials in their terminals. And therefore, you can trade currency with one company, with another with raw materials, and with a third you can deal with securities.

Yes, this will require more attention - after all, you will have to analyze 9-12 types of charts at once, but once you get used to this, you will be able to increase the scale of your trade in breadth.

As for the statistics, everything is even simpler here. You will be able to work with each broker, and look, perhaps you are better trading stocks with one partner because of the low spread, and with the other, because of the greater leverage, the raw material brings more profit, and in the third, currency prices are updated a little more often, therefore loose minimums are reached on time.

Distributing funds between brokers is the key to successful online trading, especially in the current time of constant scandals and scandals of unreliable companies.

Conclusion

Summarizing all of the above, several conclusions can be drawn:

• When working with a broker, the most important thing is to get your earned money, and only then you should look at additional parameters such as the minimum amount, the size of the spread, the number of currencies, technical support, and so on.
• It is safer to work with foreign brokers, but more convenient with Russian ones. Therefore, use the Central Bank website (cbr.ru or banki.ru) and find out which brokers have already received an official license from the Central Bank.
• You should diversify not only funds for different assets, but also for different brokers. This will remove once again from scam and foul play.

So that, you need to calculate all the details, because the most important thing is reliability, and only competent planning can save you from unnecessary losses. Therefore, you should not chase high profits - it is enough to receive a yield of 5%, but stable.