Top 10 Forex Brokers in Russia

Trading in the stock or foreign exchange market can bring considerable income. But only if you work with a reliable broker who will not delay the withdrawal of earned funds and will provide all possible assistance in any situation. Regulators impose obligations on Forex brokers, and they are the guarantor of reliability. In our article, we will look at the best brokers you can trust, but remember that any trading in the financial market involves risks that are solely your responsibility.
 
  Name
  Rating
  Nomination

The best Forex brokers with a Russian license

1 Alpha Forex 4.89
Best trading conditions
2 Finam 4.86
The largest set of trading tools
3 VTB 24 Forex 4.81
Convenient application
4 BCS Forex 4.73
The most reliable broker

Best Forex brokers with European licenses

1 Exness 4.79
Infinite leverage
2 fxpro 4.73
The best trading academy. Lots of regulators
3 Forex Club 4.55
The most popular Russian broker

Best Forex brokers with offshore licenses

1 InstaForex 4.91
The best broker for beginners. Lots of trading tools
2 Roboforex 4.64
High confidence index. The largest leverage
3 Forex4you 4.57
Own community

Choosing a good Forex broker is a serious part of success when making transactions. Because it is much easier and more convenient to work on a good platform.And when choosing a really well-known and reliable broker, the chance of deception is minimized. Unfortunately, this does not protect against risks, but such is the way of the trader.

But how to choose the best Forex broker? There are several important criteria. Among them are working conditions. That is, the size of the initial deposit (which is especially important for novice traders), leverage, lot, minimum spread, and so on. It is important to have licenses - the more significant they are, the better. It is also worth paying attention to the license of the Central Bank of the Russian Federation. This additionally shows the reliability of the broker. Another important criterion is the term of work. The longer the broker is on the market, the more reliable it is to work with him. We have prepared a rating of the best Forex brokers in Russia, based on many parameters and reviews of real users.

The best Forex brokers with a Russian license

There is only one financial regulator in Russia - the Central Bank. It is he who issues licenses to financial companies and has an absolute monopoly in this direction. The Central Bank of the Russian Federation belongs to the regulators of the first level, that is, the most stringent and demanding. That is why the list of brokers licensed in our country today consists of only 4 companies, and in 2019 licenses were revoked from a number of large brokerage firms that have been operating on the market for a long time. The advantage of cooperation with the Russian regulator is that it takes on serious obligations to resolve conflicts with the dealer. But the entry threshold for such brokers is always high. Most often, there are no cent accounts and minimum deposits of $10. There is no PAMM trading and other "goodies" that many speculators are used to when working with foreign regulators.In fact, all brokerage centers belong to large Russian banks, and therefore the place of registration of a legal entity is local.

Top 4. BCS Forex

Rating (2022): 4.73
The most reliable broker

A Russian company that has been assigned an AAA international rating. This is the highest level of trust on the part of international organizations, which is not given to everyone.

  • Founded: 1995
  • Minimum deposit: 1 rub.
  • Shoulder: 1:40
  • Instruments: currency pairs
  • Trading platforms: MT5
  • Spread: from 0.01
  • Official website: bcs-forex.ru

The exchange market is always tied to the global economy and foreign rating agencies cannot be discounted. They determine how reliable the broker is and whether it can be trusted. BCS showed the best result in terms of reliability, and this was even before he received a license from the Central Bank of the Russian Federation. By the way, the license is perpetual, which also speaks of trust in the company, but already on the part of local financial regulators. The conditions of the broker are quite adequate. Of the instruments, only currency pairs are offered, but there are more of them than other operators, 38 pieces. The minimum trading lot is 0.01 with a leverage of 1:40. You can start with any amount sufficient to close the deal. That is, in fact, it is a no-deposit Russian broker.

Pros and cons
  • High reliability rating
  • Lots of currency pairs
  • Ability to trade with and without netting
  • Works only on the MT5 terminal
  • There are strong fluctuations in the spread
  • Replenishment and withdrawal of funds only to the accounts of your bank

Top 3. VTB 24 Forex

Rating (2022): 4.81
Convenient application

The company has developed its own application for PC and mobile phones.It is convenient and stable, and also provides access to a full range of bank tools and options.

  • Year of foundation: 2016
  • Minimum deposit: 1 rub.
  • Shoulder: 1:40
  • Instruments: currency pairs
  • Trading platforms: MT5, mobile app
  • Spread: from 0.01
  • Official site: vtb.ru

Today, almost every broker has its own mobile application for trading and managing accounts. But in many cases, their quality leaves much to be desired. Broker VTB, owned by the bank of the same name, has developed the most convenient and definitely the best offer for trading. Moreover, you can use it simultaneously with Metatrader if you do not have enough indicators and other bells and whistles of the classic terminal. But they also have a lot of interesting things in their own application. There is even a bot advisor. It is believed that VTB is a no deposit broker, as it does not have a minimum entry amount. But the funds should be enough for one trade, so there is still a threshold, and it depends on the spread of the selected instrument.

Pros and cons
  • Best Mobile App
  • Powerful analytics from company specialists
  • There are ready-made investment portfolios in different directions
  • Works only with currency pairs
  • Aimed at corporate clients

The table contains the main parameters for comparing selected Forex brokers in Russia. The most important characteristics are included to make it easier to decide on the most convenient option.

Broker

Minimum deposit

Leverage

Regulator

Spread

Year of foundation

Alpha Forex

0

1:40

TSB RF

From 1.4

1990

Finam

30000

0

TSB RF

From 0

1994

VTB 24 Forex

1 rub.

1:40

TSB RF

From 0.01

2016

BCS Forex

1

1:40

TSB RF

0,01

1995

Exness

0

any

FCA, CySEC

From 0

2008

fxpro

100$

1:500

FCA, DFSA, CySEC, FSCA, SCB

From 0.1

2006

Forex Club

10$

1:500

CySEC, KROUFR, NAFD, AFD

From 0

1997

InstaForex

1$

1:1000

BVIFSC, FSC

From 0

2007

Roboforex

10$

1:2000

IFSC

From 0

2009

Forex4you

0

1:1000

BVI FSC

From 0.1

2007

Naturally, in the detailed description you can find much more information. Therefore, we invite you to get acquainted with the rating of the best Forex brokers better so as not to miss anything.

Top 2. Finam

Rating (2022): 4.86
The largest set of trading tools

A Russian broker that offers trading not only in currency pairs, but also in stock assets, as well as futures of Russian companies and depositary receipts.

  • Founded: 1994
  • Minimum deposit: 30,000 rubles.
  • Shoulder: no
  • Instruments: currency pairs, options, futures, stock assets, deposit receipts.
  • Trading platforms: MT4/5
  • Spread: from 0
  • Official website: finam.ru

If you are an experienced investor and do not want to be limited to trading currency pairs, then Finam is the best Russian broker for you. It offers a variety of trading instruments, including futures and long-term options. The company is fully controlled by the Central Bank of the Russian Federation and can be trusted 100%. Feedback on the activities of the network is positive, which is not surprising, given that this is one of the oldest brokers. The low spread will also please, which for some assets is generally equal to zero. There is also trust management. With it, you can simply choose an investment portfolio and entrust trading to professionals, while receiving passive income. The broker's rating in the Russian registry is very high, almost 5 points.

Pros and cons
  • Lots of trading tools
  • Democratic spreads
  • No depository fee or entry fee
  • Responsive Feedback
  • Fairly high minimum deposit

Top 1. Alpha Forex

Rating (2022): 4.89
Best trading conditions

Despite the regulation of the Central Bank of the Russian Federation, the broker offers to start trading with a minimum deposit. You can enter with any convenient amount, which is rare for Russian companies.

  • Founded: 1990
  • Minimum deposit: 0
  • Shoulder: 1:40
  • Instruments: currency pairs
  • Trading platforms: MT5
  • Spread: from 1.4
  • Official site: alfaforex.ru

Before us is the best Russian Forex broker. At least for those who want to try their hand at stock trading, but are not ready to start with fabulous amounts. The company offers no deposit entry, but you need to understand that this is a convention. The amount on the account must be sufficient to open at least one transaction on any of the offered currency pairs. In an approximate ratio, this is about 2 thousand rubles. In any case, this is the lowest threshold compared to other companies. As for the security of deposits, everything is on the level. The broker is reliable and regulated by a bank whose rating has the highest security rating. Participants will also be pleased with spreads, one of the lowest on the market.

Pros and cons
  • Minimum entry threshold
  • Possibility of financial turnover with cards of other banks
  • Loyal conditions for beginners
  • Powerful trading academy
  • No futures trading
  • The toolkit is limited to currency pairs

Best Forex brokers with European licenses

There are several regulators in Europe. All of them have a reliability level from 1 to 4, that is, the regulation is very strict and obtaining a license for a broker is very difficult.Brokers with such licenses are trustworthy, but be aware that in the event of conflicts, many regulators will refuse to assist you if you are not a citizen of that particular country. Things are easier with international regulators, but they are also in no hurry to get involved in conflicts, especially if you are a small speculator who does not turn millions of deposits on the market.

Top 3. Forex Club

Rating (2022): 4.55
The most popular Russian broker

One of the oldest Russian brokers, which has been on the market since 1997 and enjoys constant popularity among ordinary and professional traders of all levels.

  • Place of registration: Russia
  • Founded: 1997
  • Minimum deposit: 10$
  • Shoulder: 1:500
  • Instruments: currency pairs, indices, metals, 2 cryptocurrencies
  • Regulators: CySEC, KROUFR, NAFD, AFD
  • Trading platforms: МТ4/5, Libertex, Rumus
  • Spread: from 0
  • Official site: fxclub.org

The oldest Russian company, operating since 1997. Literally opened the Russian market one of the first. Vast experience, the trust of millions of users in different countries and participation in sponsorship activities emphasize reliability. Became Broker of the Year three times. In the reviews, customers note that they have no complaints about the operation of the platform - technical support responds quickly and clearly, depositing / withdrawing money does not make you nervous. It offers trading not only on the most popular MT 4/5, but also on two proprietary platforms - Libertex and Rumus. A nice addition is that if you open a demo account for $5,000, the broker will attach a personal manager and send out training courses.

Pros and cons
  • Great experience
  • Different platforms
  • Cooperation with Alfa-bank
  • Only one official regulator

Top 2. fxpro

Rating (2022): 4.73
Best Trading Academy

The company owns a serious learning platform. The trading academy is available to everyone and collects positive feedback on the network. A real way to join the world of finance with real professionals.

Lots of regulators

The company is under the jurisdiction of Cypriot and British regulators. Collaborates with both official agencies and independent ones.

  • Place of registration: Cyprus
  • Year of foundation: 2006
  • Minimum deposit: 100$
  • Shoulder: 1:500
  • Instruments: currency pairs, commodities, cryptocurrencies
  • Regulators: FCA, DFSA, CySEC, FSCA, SCB
  • Trading platforms: cTrader, МТ4
  • Spread: 0.1-2.0
  • Official website: direct.fxpro.group

A serious and reliable Forex trading platform from the UK. It has been working since 2006 and has more than 50 awards in various categories. It is regulated by several reputable organizations, including the FCA and CySEC. In the reviews, clients claim that the broker quickly withdraws money and does not leave the trader without support. In addition, FXPro organizes a Trading Academy to educate clients. It offers several trading platforms, from the classic MetaTrader 4 to mobile solutions and in-house developments. It has a high minimum deposit - beginners may be afraid to enter so much money at once. It can be difficult for beginners, despite the Academy.

Pros and cons
  • Quality trading education
  • Lots of regulators
  • Quick withdrawal
  • Winner in dozens of competitions
  • High minimum deposit
  • High spread

Top 1. Exness

Rating (2022): 4.79
Infinite leverage

The broker offers accounts with unlimited leverage, allowing for more risky trading.Tool for professional traders.

  • Place of registration: Seychelles
  • Year of foundation: 2008
  • Minimum deposit: 0
  • Shoulder: any
  • Instruments: currencies, stock assets, commodity assets, cryptocurrencies
  • Regulators: FCA, CySEC
  • Trading platforms: MT4/5
  • Spread: from 0
  • Official site: exness.global

European broker regulated by CySEC. Known for responsibility and stability. The platform is made qualitatively and professionally - the additional technical direction of the brand affects. In the reviews, clients note the almost instant execution of orders - the delay is minimal and is only 0.1 seconds. The minimum deposit amount varies significantly from account to account. It can start from $0 on a cent and increase to a maximum of $2,000 on a classic. Spread starts from 0 pips. The main advantage of Exness is the infinite leverage. But only for some deposit sizes. The larger it is, the smaller the shoulder. And vice versa, up to any size.

Pros and cons
  • Infinite leverage
  • Many trading accounts
  • Access to cryptocurrencies
  • Broker with a reputation
  • There are disagreements with Russian legislation in the conditions
  • There are negative reviews online

Best Forex brokers with offshore licenses

Offshore regulators belong to the 5th and 6th reliability categories. These countries have closed databases and a minimum of bureaucracy. In fact, anyone can get a license to carry out financial activities and call themselves a forex broker. The level of trust in such companies is lower, but you should not discount them.Firstly, offshore dealers have the most attractive conditions: minimum deposits, low spreads and more leverage. And it's not that they are initially aimed at deceiving customers, just a simplified tax rate and a minimum of bureaucratic requirements allow them to provide such services to their customers. When choosing an offshore broker, it is very important to look at its reputation.

Top 3. Forex4you

Rating (2022): 4.57
Own community

A broker that has created its own community around itself, constantly sharing experience and allowing you to copy trades. The company does its best to promote the formation of a community based on trust and mutual assistance.

  • Place of registration: Virgin Islands
  • Year of foundation: 2007
  • Minimum deposit: 0
  • Leverage: 1:1000
  • Instruments: currency pairs, indices, cryptocurrencies
  • Regulators: BVI FSC
  • Trading platforms: MT4/5, WebTrader
  • Spread: from 0.1-2.0
  • Official site: site.forex4you.ru.com

The popular Forex broker has been operating on the market for over 10 years. Satisfied customers are enough, although there are also negative reviews. In general, the operation of the service is stable, money is withdrawn without problems. The platform runs an interesting Share4You service, where traders can copy the schemes of more successful colleagues or leave their own. Naturally, a commission is due for copying - the subscriber pays, the leader receives. There is also PAMM investment. Since recently, you can trade cryptocurrencies on the site. Forex4You has five accounts with different conditions. They have a zero minimum deposit and a transaction volume of 0.01 lots in common. True, the size of 1 lot can vary from 1000 to 100000. There are two spreads - fixed and floating (from 0).

Pros and cons
  • Responsive support
  • Interesting services
  • Many ways to withdraw funds
  • Large lots
  • Few bills

Top 2. Roboforex

Rating (2022): 4.64
High confidence index

The company operates in 169 countries around the world and has over 3.5 million active traders in its client base. One of the most popular offshore brokers.

The largest leverage

The broker offers a leverage of 1 to 2000. This is the highest among all companies with similar conditions.

  • Place of registration: Belize
  • Year of foundation: 2009
  • Minimum deposit: 10$
  • Shoulder: 1:2000
  • Instruments: currency pairs, indices, product assets, energy assets, metals
  • Regulators: IFSC
  • Trading platforms: MT4/5, WebTrader, cTrader
  • Spread: from 0
  • Official site: roboforex.org

Offshore broker operating in the CIS since 2009. Managed to gain its audience thanks to good service and a quality platform. Operates under the regulation of IFCS. Offers to work with five different deposit and one no deposit demo account. For work, you can use MT 4/5 or WebTrader. cTrader is also available on some account types. In the comments, customers write about the good work of the support service. In particular, in case of difficulties, all issues are analyzed in detail and explained in as much detail as possible. There is a Russian version of the site, but it is not enabled by default - you need to configure it when you enter. I am pleased with the huge number of financial systems that RoboForex works with - more than 20 wallets, banks and cards.

Pros and cons
  • big shoulder
  • High confidence index
  • Popular company in the world
  • There are non-standard tools
  • Conditions vary greatly depending on the type of account.

Top 1. InstaForex

Rating (2022): 4.91
The best broker for beginners

Forex broker with the most loyal entry conditions and numerous options for those who are just learning to trade in the financial and currency markets.

Lots of trading tools

The broker has the opportunity to trade using a large number of instruments. Including options and commodity futures.

  • Place of registration: Saint Vincent and the Grenadines
  • Year of foundation: 2007
  • Minimum deposit: 1$
  • Leverage: 1:1000
  • Instruments: currency pairs, metals, stocks, futures, options
  • Regulators: BVIFSC, FSC
  • Trading platforms: MT4/5
  • Spread: from 0
  • Official site: ifxglobe.com

If you are just starting to master the currency or stock market and you need a reliable broker with a reputation, then he is in front of you. The reliability of the company is confirmed by extensive experience, customer reviews and a huge number of awards received. Here are the most convenient conditions for a beginner and the opportunity to fully immerse yourself in the world of investment. The broker does not limit clients to currency pairs and offers many trading instruments, including commodity futures. The rating of the company in the international arena is very high, and on the net you can often find mention that this is the best dealer in terms of convenience and comfort of cooperation. And all this despite registration in offshore zones.

Pros and cons
  • Lots of trading opportunities
  • Loyal conditions for beginners
  • No solicitation of services
  • net reputation
  • Offshore registration
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Attention! The above information is not a buying guide. For any advice, you should contact the experts!

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