A study amid members of Russia's Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) has shown that most Russian Forex traders generate profit/loss of up to $100. The findings show that 60%-70% of clients of the Forex brokers that are members of CRFIN barely see any change in their account balance – that…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading Forex, stocks and derivatives, today announces a set of pending enhancements to its Forex offering. From July 4, 2016, MOEX will offer new opportunities and services to FX Market participants. The Exchange will expand its FX product offering, introduce new services…
Read moreRussia's Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), an FX body seeking to obtain an official status of a Forex self-regulatory organization, has added one more company to its “Black List”, which features entities having the characteristics of financial pyramids. The latest addition to CRFIN's “Black List” is Tokyo Investment Group, operating…
Read moreRussian retail bank VTB 24 intends to set up a subsidiary to offer Forex trading services. The VTB 24 press service informed Russian agency Interfax that the supervisory council of the bank will discuss these plans at a meeting on February 26, 2016 (today). According to Interfax, the bank will review a proposal to establish a subsidiary…
Read morePreviously Mr Geiger served as Executive Vice President and CFO of FOREX CLUB Group of Companies.
Read moreThe company pledges suspiciously high returns and presents fake regulatory certificates on its website.
Read moreThe maximum leverage for FX trading in Russia should be at least 1:100, or two times higher than the level set in the law, CRFIN told the Bank of Russia.
Read moreMoscow Exchange (MOEX), the biggest marketplace for trading currencies and derivatives in Russia and the countries from CIS, today announced it would adjust risk parameters for some instruments on its Forex and precious metals markets. The changes will come into effect on April 1, 2015, and reflect a decision by the Bank National Clearing Centre.…
Read moreRussia's Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), the country's Forex self-regulatory organization has just enlarged its “Black List” of fraudulent companies. The latest addition is Trade Union, a business entity offering Forex investment services via https://trade-union.org/index.php. CRFIN has included the company in its “Black List” because: The company promises artificially high…
Read moreAlpari RU, the retail Forex broker servicing the Russian market, earlier today posted its operating metrics for February 2015, with the company obviously joining the raft of trading companies that recorded lower FX volumes in the second month of the year. Alpari's Forex volumes in Russia and the countries of the Commonwealth of Independent States…
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