HOW WE CHOOSE THE BEST BROKER FOR YOU!

There are major factors to look at before choosing a broker, In this article we will be reeving the main ones.

• Regulated – Before any Russian trader signs up to a new broker, the trader needs to check if the broker is regulated. A Regulated broker is one that follows the strict rules of the forex regulators to prevent scamming small investors like you and i.

Major regulators in the industry include DFSA, SCB, CySEC, FCA, FSB, MiFID, ASIC, IFSC, BaFin, and many others. Before creating our list of the best brokers for Russians, we had to make sure they were all regulated and trusted brokers.

• Offers Demo Account – A Demo trading account is a virtual account made by a broker for new traders who want to test the brokers‘ platform before depositing real money. This feature is essential for beginners who are still new to forex trading and won’t like to lose their investment while learning how to trade.

• Asset Coverage – Asset are financial instruments available for us to trade on. They range from commodities like gold and silver to cryptocurrencies, stocks, CFDs, ETFs, indices and currency pairs. Most brokers offer all asset types, while some offer a selected range asset type.

• Offers Mobile Trading – Every Russian forex trader needs to have access to the inter-bank market irrespective of which device they own. This is why brokers make available mobile apps for android and ios, desktop, and web apps for traders. This makes trading seamless and less stressful.

• Easy Deposit/Withdrawal – As a Russian forex trader, you need to choose a broker that supports the payment option that works in Russia. Also, the payment option needs to provide the lowest fees and fast in processing payments. For Russians, Skrill, Neteller, Master Card, Visa Card, and WebMoney are the best payment options.

• Effective Customer Service – Before signing up to a broker, you need to first visit the brokers website and ask as many questions as possible. This helps you gain confidence in the platform and helps you resolve any issues that might come up during trading.

• You can check more details of top Russian brokers by clicking on the profiles at the end of this article.

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