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Forex Club applies for Russian Forex dealer license


Forex club russia

Forex Club has been active in the Forex market for 18 years already. The company is a member of CRFIN, a Forex self-regulatory body in Russia. If CRFIN officially gains a status of a Forex self-regulatory organization, membership in it will be compulsory for securing a Forex dealer license. TeleTrade Group LLC, a Russian retail forex broker, has recently announced the suspension of its operations in Russia. This move is not surprising, as it comes merely a couple of days after the massive crackdown by the Bank of Russia on the regulated retail FX sector. On December 27, the Russian. Forex сайт о ведущих Forex брокерах России и СНГ. На сайте Вам предлагается ознакомиться с аналитикой, актуальными курсами большого количества валют и инструментами рынка Forex.

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All the companies are subsidiaries of foreign firms that use aggressive advertising to lure Russian clients and focus on moving their money offshore, according to the regulator. The official reasons behind the move were repeated violations of Russian law, namely on securities.

The Central Bank says the five dealers failed to fulfill the regulator's requirements, had flaws in internal accounting and presented inaccurate information and false reports to the regulator among other violations. The Central Bank also said that Alpari Forex, Forex club russia, Forex Club, Forex club russia, Fix Trade, Trustforex and Teletrade Group had few little clients through two Forex club russia of their work as most of them Forex club russia drawn not through licensed dealers.

The head of the central bank's market violations monitoring department, Valeriy Lyakh, explained that such companies enjoy offshore jurisdiction and can have no license at all. The regulator says it has repeatedly warned the forex dealers they must shift their Russian clients into Russia's legal framework, but nothing was done. Forex Club told Russian media that it has no documents from the central bank on the decision and hopes for further dialogue on the matter.

Alpari-Forex also said it has not yet received official notification from the Central Bank, but if it gets it, the platform will file an appeal. This website uses cookies. Read RT Privacy policy to find out more. Applications RSS. RT Shop. RT Question more. Home Business News. Get short URL. Follow RT on. The decision comes into force on January Also on rt. Russian president may attend World Economic Forum in Davos The official reasons behind the move were repeated violations of Russian law, Forex club russia, namely on securities.

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Russian c-bank annuls licenses of Alpari, Forex Club, TeleTrade - FinanceFeeds


Forex club russia


Forex Club Updates Rumus Platform, StartFX Mobile App Feb 17 in Software. Forex Club, the Russia-based group of Forex brokers and training centers, has just released updated versions of its proprietary trading platform Rumus and the mobile trading app for StartFX, another of the broker's own platforms. Dec 27,  · In a sweeping move, the Central Bank of Russia has just announced that it is annulling the Forex dealer licenses of some of the major players in the Russian retail Forex scene, including Alpari, Forex Club and TeleTrade. Best Reviews Forex Club Russia Forex Club Russia. Forex Club Russia InStock yes Valid Offer! Things to Buy at this store. If you are not fully satisfied with your purchase, you are welcome to return any unworn and unwashed items with tags intact and original packaging included.