Following our in-depth review and ranking process, here are the best forex brokers in Russia;
Table of Contents
Best Forex Brokers in Russia
- RoboForex
- IG
- Capital.com
- Admirals
- Forex.com
1. RoboForex
RoboForex is a global award-winning forex & CFD provider located and regulated in Belize. It is a part of the Robo Holding Group, which also includes RoboMarkets; its fully regulated European trading entity. RoboForex offers over 12,000+ instruments across a wide variety of global markets including forex and CFDs on stocks, indices, ETFs, commodities, metals, energies and cryptocurrencies.
RoboForex offers a fully established brokerage service suitable for all levels of traders, as well as all trading styles and strategies. Along with multiple industry-standard trading platforms, It offers different account types with great trading options and conditions, which traders can choose from to enjoy a tailored trading experience that best suits their trading needs. Other great trading services offered include; deep liquidity, negative balance protection, multiple fast & secure payment methods, fast trade execution, low forex trading fee, ultra-low spreads from 0.0 pips, and a multi-lingual customer support service available 24/7.
RoboForex Overview
| Broker | RoboForex |
|---|---|
| Regulation | IFSC (Belize) |
| Forex Pairs | 40+ |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, R WebTrader, R MobileTrader, R StocksTrader |
| Minimum Deposit | $10 |
| Demo Account | Available | Open Demo Account |
| Maximum Leverage | 1:2000 |
| Account Currencies | USD, EUR, RUB, CNY, GOLD |
| Payment Methods | Bank Wire Transfer, Credit/ Debit Cards (VISA, Mastercard, JCB China UnionPay), Neteller, Skrill, PayPal, Poli, Perfect Money, AdvCash, NganLuong Wallet, Fasapay, QIWI Wallet, Yandex.Money, Mobile Money, WeChat Pay, ecoPayz, AstroPay, Cards and Vouchers. |
Pros
- Fully regulated in Belize by the IFSC.
- Serves over 800,000 clients from 169 countries.
- Beginner friendly.
- Hassle-free account opening process.
- Clients funds are segregated.
- Deep liquidity.
- Ultra-fast order execution.
- Negative balance protection.
- Multiple industry-standard account types.
- Ultra-low spreads from 0.0 pips.
- Multiple industry standard trading platforms available in web, mobile and desktop versions.
- Multiple fast and secure payment methods.
- Great bonuses and giveaways.
- Offers copy trading through its proprietary trading platform, CopyFX.
- Multi-lingual customer suport team, available 24/7.
Cons
- Limited account base currency options.
2. IG
IG is a highly reputable global online broker established by IG Group plc; a publicly-traded company listed on the London Stock Exchange. IG offers CFD trading across a wide variety of asset classes including forex, shares, indices, commodities, cryptocurrencies, options, bonds, interest rate, sectors and ETFs with over 17,000+ instruments available to trade.
IG offers an exceptional brokerage service, with trading solutions suitable for retail (beginners and professionals) and institutional clients (such as hedge funds, family offices, private investment vehicles, asset managers, brokers, banks and introducing brokers). Also, traders can get access to an extensive list of great brokerage services including deep liquidity, superior trade execution, volume-based rebates, industry-standard trading platforms, competitive spreads, expert customer support service, and much more.
IG Overview
| Broker | IG |
|---|---|
| Regulation | CFTC (U.S.), FCA (U.K.), ASIC (Australia), FCA (United Kingdom), FINMA (Switzerland), FMA (New Zealand), MAS (Singapore), FSA (Japan), FSCA (South Africa), DFSA (UAE), BMA (International) |
| Forex Pairs | 81 |
| Trading Platforms | ProRealTime, L2 Dealer, MetaTrader 4 |
| Minimum Deposit | $300 (or currency equivalent) |
| Demo Account | Available | Open Demo Account |
| Maximum Leverage | 1:200 |
| Account Currencies | USD, GBP, AUD, EUR, SGD, HKD. |
| Payment Methods | Bank Wire Transfer, Credit/Debit Cards, Paypal |
Pros
- Strong regulatory framework.
- Listed on the stock exchange.
- 45+ years of industry experience.
- 313,000+ clients worldwide.
- Deep liquidity.
- Negative balance protection.
- Volume-based rebates.
- Industry standard trading platforms available in web, mobile and desktop versions.
- Competitive spreads from 0.6 pips on major currency pairs.
- Fast and secure payment methods.
- No minimum deposit for bank transfer.
- Excellent eductional offering for beginner, intermediate and advanced traders.
- Outstanding research offering.
- Great customer support service.
Cons
- Inactivity fee charged (after 2 years of inactivity).
- No support for copy trading and social trading.
- Avergae overnight fee.
- Limited product portfolio in some countries.
- No support for social trading and copy trading.
3. Capital.com
Capital.com is a cutting-edge & innovative global online broker offering forex trading and CFDs across a variety of asset classes including indices, commodities, shares, ETFs and cryptocurrencies, with over 6000+ instruments to trade.
Capital.com offers a well-rounded brokerage service with trading solutions suitable for retail and institutional clients. It also provides support for all trading styles and strategies such as scalping, hedging and algorithmic trading etc.
In addition, clients can enjoy an extensive list of great brokerage services including; deep liquidity, low trading fee, ultra-tight spreads with zero commissions, fast order execution, negative balance protection, industry-standard trading platforms, quality education offering and great customer support service, among others.
Capital.com Overview
| Broker | Capital.com |
|---|---|
| Regulation | ASIC (Australia), FCA (United Kingdom), CySEC (Europe), NBRB (Belarus) |
| Forex Pairs | 138 |
| Trading Platforms | Capital.com Web Platform, MetaTrader 4, TradingView |
| Minimum Deposit | $20 |
| Demo Account | Available | Open Demo Account |
| Maximum Leverage | 1:500 |
| Account Currencies | GBP, USD, EUR, PLN, AUD |
| Payment Methods | Bank Wire Transfer, Visa, MasterCard, Skrill, Neteller, iDeal, Giropay, Przelewy24, QIWI, WebMoney, Trustly, Worldpay and AstroPay |
Pros
- Strong regulatory framework.
- Easy account registration process.
- Low minimum deposit (from $20).
- Deep liquidity.
- Fast order execution.
- Negative balance protection.
- Industry standard trading platforms.
- Transparent fee structure, with no hidden charges.
- Zero commissions.
- No deposit and withdrawal fees.
- Consistent ultra-tight spreads.
- Low overnight fee.
- Free quality trading education, including online courses, guides and webinars.
- Unlimited demo account duration.
- Great customer support service, available 24/7.
Cons
- MetaTrader 5 is not available.
4. Admirals
Admirals (formerly known as Admiral Markets) is a leading forex and CFD provider established and operated by the Admiral Group. It offers over 8000+ instruments across a wide variety of global markets including forex, commodities, indices, stocks, ETFs and bonds.
Admiral offers a great trading solution suitable for beginner and professional retail traders. It offers different account types, giving traders the ability to choose an account type that best suits their trading style or needs.
Also, traders can enjoy several great trading services, including deep liquidity, support for all trading styles and strategies, consistently low spreads from 0.0 pips, excellent educational offering, great research offering, multiple fast & secure payment methods, dedicated multi-lingual customer support service and much more.
Admirals Overview
| Broker | Admirals |
|---|---|
| Regulation | FCA (United Kingdom), EFSA (Estonia), JSC (Jordan), CySEC (Cyprus), AFSL (Australia) |
| Forex Pairs | 50 Currency Pairs |
| Trading Platforms | MetaTrader Web Trader, MetaTrader 4, MetaTrader 5 |
| Minimum Deposit | $100 or currency equivalent. |
| Demo Account | Available | Open Demo Account |
| Maximum Leverage | 1:500 |
| Account Currencies | EUR, USD, AUD, BGN, CHF, CZK, GBP, HRK, HUF, NOK, PLN, RON, RUB, SEK, CNY, SGD, CLP, IDR, MYR, THB, VND |
| Payment Methods | Bank Transfer, Credit/ Debit Cards, Paypal, Klarna, Skrill, Neteller, SafetyPay, Przelewy, iBank & BankLink, iDeal |
Pros
- Strong regulatory framework.
- Newbie friendly.
- Deep liquidity.
- Negative balance protection.
- Clients funds are segregated.
- Low latency and fast order execution.
- Industry standard trading platforms available in web, mobile and desktop versions.
- Advanced mobile apps with extensive functionalities.
- Tailored account types with great trading conditions.
- Supports all trading styles and strategies.
- Wide range of asset classes.
- Competitive spreads and low commissions.
- A wide selection of fast and secure payment methods.
- Transparent fee structure with no hidden charges
- Offers Isalmic swap-free account.
- Impressive educational and research offering including; Forex & CFD webinars, traders glossary, courses and e-books.
- Great market research and analytics offering.
- Friendly and multi-lingual customer service.
Cons
- Demo account availble for only 30 days.
- Basic mobile trading app.
5. Forex.com
Forex.com is a highly reputable online broker across the globe and a part of StoneX Group Inc. (NASDAQ: SNEX), a publicly-traded company that meets the highest standards of corporate governance, financial reporting and disclosure. Forex.com offers forex trading and CFDs across a variety of asset classes including, indices, metals, commodities, stocks and cryptocurrencies, with over 4,500+ instruments to trade.
Forex.com offers a well-rounded trading solution, suitable for retail, commercial and institutional clients. It provides support for all trading strategies (such as hedging, scalping, EAs, etc). In addition, it offers several great trading services including; low-cost trading, top tier liquidity, superior trade executions, industry-standard trading platforms, professional guidance and support, transparent fee structure, an active trader program for reduced trading cost, and much more.
Forex.com Overview
| Broker | Forex.com |
|---|---|
| Regulation | ASIC (Australia), NFA (US), CFTC (US), FCA (United Kingdom), FSA (Japan), IIROC (Canada) |
| Forex Pairs | 80 |
| Trading Platforms | Forex.com Webtrader, Metatrader 4, Forex.com Mobile App |
| Minimum Deposit | $100 |
| Demo Account | Available | Open Demo Account |
| Maximum Leverage | 1:50 |
| Account Currencies | USD, EUR, CAD, JPY, CHF, AUD, GBP |
| Payment Methods | Bank Wire Transfer, Credit/ Debit Cards, Paypal, Skrill, Neteller. |
Pros
- Strong regulatory framework.
- Over 20 years of indusry experience.
- Beginner friendly.
- Top tier liquidity.
- Low latency and superior order execution.
- Supports all trading strategies.
- Negative balance protection.
- Clients funds are segregated.
- Over 80 currency pairs, including major, minor and exotic currency pairs.
- Transparent fee structure with no hidden charges.
- Low forex trading fee.
- No deposit or withdrawal fee.
- Offers Active Trader Program which helps reduce trading cost by up to 15%.
- Quality educational and market research offering.
- Industry-standard platforms available in web, mobile and desktop versions.
- Great customer support service.
Cons
- Inactivity fee of $15 (or 15 base currency equivalent) charged per month if there is no trading activity or no open positions for a period of 12 months or more.