5 Best Forex Brokers in Russia
We’ve listed the 5 Best Forex Brokers in Russia that offer safe, reliable, and well-regulated access to global currency markets. Forex trading in Russia is legal, and oversight is provided by the Central Bank of Russia (🇷🇺 CBR), which enforces strict licensing standards for financial firms. CBR regulation helps Russian traders benefit from enhanced transparency, robust fund protection, and stable trading conditions. Traders in Russia can access major and minor forex pairs, commodities, indices, stocks, and cryptocurrencies while using platforms known for tight spreads, fast execution, and secure account environments.
5 Best Forex Brokers in Russia (2026)
- Alpari – Overall, the Best Forex Broker in Russia.
- FxPro – Transparent pricing with consistently low spreads.
- EasyMarkets – Good Russian market reach with simple account setup and funding.
- ATFX – Good range of research, webinars, and trader education.
- FXTM – Large client base in Russia with strong local brand familiarity.
10 Best Forex Brokers – Globally
Pros and Cons of CBR-Regulated Forex Brokers in Russia – Immediate Advantages and Disadvantages
| ✓ Pros | ✕ Cons |
| Strong consumer protection under 🇷🇺 CBR licensing. | Very few brokers hold full CBR forex licenses. |
| High transparency and strict operational oversight. | Limited leverage compared to offshore alternatives. |
| Segregated client funds improve account safety. | Fewer trading bonuses and promotions allowed. |
| Regular supervision ensures broker accountability. | Tighter controls reduce platform flexibility. |
| Clear dispute-resolution channels for Russian traders. | Available instruments may be more restricted. |
The Central Bank of Russia (🇷🇺 CBR) enforces rigorous financial and structural standards for licensed forex brokers. This ensures Russian traders benefit from a safer, more transparent, and tightly regulated trading environment designed to reduce risk and promote long-term market stability.
1. Alpari
Alpari no longer operates as a locally regulated forex dealer in 🇷🇺 Russia and now serves Russian traders through its offshore entity. The broker continues to attract Russian clients because it maintains a long-standing industry presence, offers multiple account types, and provides broad access to major trading platforms and instruments.
| Feature | Statement |
| Brand Presence | Strong recognition in the Russian market |
| Accessibility | Accepts Russian clients via offshore entity |
| Platforms | Supports MetaTrader 4 and MetaTrader 5 |
| Account Variety | Offers multiple account types |
| Funding | Flexible funding options |
 | Minimum Deposit: $100 Regulated by: MISA Crypto: Yes |
Frequently Asked Questions
Is Alpari regulated or authorized to operate in Russia?
No. The Central Bank of Russia revoked Alpari’s license in 2018, meaning the broker no longer operates under local regulatory oversight. Alpari now operates through an offshore entity. Russian traders can still access its services but must accept fewer regulatory protections.
Does Alpari accept traders who reside in Russia?
Yes. Alpari continues to accept traders from Russia through its offshore registration. Clients can open accounts, trade major instruments, and use MetaTrader platforms, but they do so under offshore supervision, which offers less protection than the rules enforced by the Central Bank of Russia.
| Minimum Deposit: $100 Regulated by: MISA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong brand familiarity | Not regulated by 🇷🇺 Central Bank |
| MT4 and MT5 supported | Offshore status increases risk |
| Multiple account options | No Russian legal protection |
| Long-standing industry history | Weaker dispute resolution |
| Convenient funding options | Lower transparency overall |
Our Insights
Alpari remains accessible to Russian traders but no longer holds a forex-dealer license from the 🇷🇺 Central Bank. It operates through an offshore entity, offering convenience and familiarity while providing weaker regulatory safeguards. Traders gain broad platform access but must recognise the higher risk associated with offshore oversight.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
2. FxPro
FxPro maintains strong global regulation under top-tier authorities but does not operate under a 🇷🇺 Central Bank license. Despite this, it still accepts Russian traders via its internationally regulated entities, providing broad access to instruments, fast execution, and multiple trading platforms.
| Feature | Statement |
| Regulation Strength | FCA CySEC SCB FSCA |
| Platform Access | MT4 MT5 cTrader |
| Market Reach | Provides 2,100+ instruments globally |
 | Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC Crypto: Yes |
Frequently Asked Questions
Is FxPro regulated for Russian traders under any local authority?
No. FxPro does not hold a license from the 🇷🇺 Central Bank. It operates under foreign regulators, including 🇬🇧 FCA, 🇨🇾 CySEC, 🇧🇸 SCB, and 🇿🇦 FSCA. Russian traders access the broker through these internationally regulated entities rather than under domestic supervision.
Can residents of Russia open trading accounts with FxPro?
Yes. Russian clients can open accounts via FxPro’s internationally regulated branches. The broker offers access to MetaTrader 4, MetaTrader 5, and cTrader platforms, along with a wide range of forex, indices, commodities, and stock CFDs, all under the protection of foreign regulatory frameworks.
| Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Very strong global regulation | No 🇷🇺 license or local oversight |
| High number of tradable instruments | Legal recourse under foreign law |
| Offers negative balance protection | Deposits and withdrawals may take longer |
| Segregated client funds | Currency risk if not using local currency |
| Advanced execution via cTrader / MT | Verification and compliance are strict |
Our Insights
FxPro accepts Russian traders but does not hold a 🇷🇺 local license. It operates under top-tier international regulators, providing high security, segregated funds, and multiple platforms. Russian clients enjoy broad market access but must recognize that oversight comes from foreign authorities rather than the Central Bank of Russia.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
3. easyMarkets
easyMarkets does not hold a forex‑dealer license from the 🇷🇺 Central Bank. It operates under multiple international regulators – 🇨🇾 CySEC, 🇦🇺 ASIC, 🇸🇨 FSA, 🇧🇻 FSC, and 🇿🇦 FSCA – and continues to accept Russian clients through its globally regulated entities, providing access to fixed spreads, risk‑management tools, and multiple platforms.
| Feature | Statement |
| Regulation Depth | CySEC ASIC FSC FSA FSCA |
| Risk Tools | Offers deal cancellation and other protective features |
| Price Certainty | Provides fixed spreads |
| Account Flexibility | Supports multiple base currencies |
| Accessibility | Accepts Russian clients through global entities |
 | Minimum Deposit: $25 Regulated by: ASIC, CySEC Crypto: Yes |
Frequently Asked Questions
Does easyMarkets have a Russia-based regulatory license?
No. easyMarkets does not maintain a license issued by the 🇷🇺 Central Bank. Its operations rely on regulation from 🇨🇾 CySEC, 🇦🇺 ASIC, 🇧ᵛ FSC, 🇸ᶜ FSA, and 🇿ᴀ FSCA, depending on the entity. Russian clients trade under international supervision rather than local regulatory oversight.
Can residents of Russia open a trading account with easyMarkets?
Yes. Russian traders can open accounts through easyMarkets’ internationally regulated entities. They access risk‑management tools, fixed spreads, and multiple trading platforms, but all trades occur under offshore supervision rather than domestic regulatory protection.
| Minimum Deposit: $25 Regulated by: ASIC, CySEC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Multiple strong regulatory licenses | No 🇷🇺 Central Bank license |
| Fixed spreads offer stability | Higher costs during low volatility |
| Risk‑management tools reduce exposure | Some tools not available to all accounts |
| Negative balance protection | Limited legal recourse locally |
| Low minimum deposit | Verification can take longer |
Our Insights
easyMarkets accepts Russian traders but does not hold a 🇷🇺 Central Bank license. Its international regulatory framework offers security, fixed spreads, and risk‑management features. Russian clients gain reliable platforms and tools, but they must trade under offshore regulation rather than local protections.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Top 3 Forex Brokers in Russia – A Forex Face-Off
| Broker |  |  |  |
| Minimum Deposit | 100 USD | 100 USD | 25 USD |
| Fund/Withdrawal Fee | None | None | None |
| Spreads From | 0.1 pips | 0.0 pips | 1.0 pips |
| Commissions | Varies by account type | Variable | None |
| Base Currencies | 10+ | Multiple | 10+ |
| Swap Fees | Varies | Variable | Varies by instrument |
| Leverage | Up to 1:1000 | Up to 1:500 | Up to 1:400 |
| Margin Requirements | Varies by account type | Variable | Varies by instrument |
| Regulation | 🇰🇲 MISA | 🇬🇧 FCA 🇨🇾 CySEC 🇧🇸 SCB 🇿🇦 FSCA 🇦🇪 DFSA | 🇦🇺 ASIC 🇨🇾 CySEC 🇸🇨 FSA 🇧🇻 FSC 🇿🇦 FSCA |
| Open an Account |  | | |
4. ATFX
ATFX holds multiple strong international licenses but does not operate under a 🇷🇺 Central Bank license. It continues to accept Russian clients via its globally regulated entities. It serves traders using MetaTrader platforms with a wide selection of instruments and strict regulatory oversight.
| Feature | Statement |
| Global Licenses | FCA CySEC ASIC |
| Platform Options | Uses MT4 and MT5 for trading. |
| Market Access | Offers forex, CFDs, indices, and more. |
 | Minimum Deposit: $500 Regulated by: FCA, FSCA, ASIC, SCA, CySEC, FSC, FSA, HK Crypto: Yes |
Frequently Asked Questions
Does ATFX have a Russia-based regulatory license?
No. ATFX does not hold a license from the 🇷🇺 Central Bank. It operates instead under multiple foreign regulators, including 🇬🇧 FCA, 🇨🇾 CySEC, 🇦🇺 ASIC, and several others.
Can Russian residents open a trading account with ATFX?
Yes. Russian citizens can open accounts with ATFX via its internationally regulated arms. They can trade forex and CFDs under the protection of global regulatory bodies, though not under 🇷🇺‑specific oversight.
| Minimum Deposit: $500 Regulated by: FCA, FSCA, ASIC, SCA, CySEC, FSC, FSA, HK Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Very strong, multi‑jurisdiction regulation | No 🇷🇺 Central Bank license |
| Segregated client funds | Legal recourse is under foreign jurisdictions |
| Wide access to trading instruments | Verification may require international documentation |
| Supports MetaTrader 4 and 5 | Risk depends on the specific legal entity used |
| Negative balance protection in some entities | Withdrawal and deposit terms may vary by region |
Our Insights
ATFX does not run under 🇷🇺 Central Bank regulation but accepts Russian clients through its foreign-regulated entities. It provides robust global oversight, diverse regulatory coverage, and access to stable platforms. Russian traders benefit from strong compliance, yet they trade under non-domestic protection.
| # | Criteria | Score |
| 1. | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2. | Range of Investments, Platforms and Tools | ⭐⭐⭐☆☆ |
| 3. | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4. | Research and Education | ⭐⭐☆☆☆ |
| 5. | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6. | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7. | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8. | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9. | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10. | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
5. FXTM
FXTM does not hold a Russian Central Bank forex license. It operates under multiple international regulators, including CySEC and FSCA. The broker continues to accept Russian clients through its globally regulated entities, offering access to MetaTrader platforms, diverse instruments, and strong regulatory oversight.
| Feature | Statement |
| Regulation | CySEC FSCA |
| Platform Options | MetaTrader 4 MetaTrader 5 |
| Global Reach | Accepts clients from many countries, including Russia |
 | Minimum Deposit: $200 Regulated by: FCA, CMA, FSC, SCA Crypto: Yes |
Frequently Asked Questions
Is FXTM regulated by a Russian financial authority?
No. FXTM has no license from the 🇷🇺 Central Bank. It relies on regulation from international authorities, primarily CySEC and FSCA. Russian clients trade under these foreign regulatory frameworks, which provide protection but do not replace domestic supervision.
Can a resident of Russia open a trading account with FXTM?
Yes. Russian traders can open accounts via FXTM’s internationally regulated entities. They gain access to MetaTrader 4 and MetaTrader 5, a wide range of instruments, and risk‑management tools. All trading occurs under offshore supervision rather than under Central Bank oversight.
| Minimum Deposit: $200 Regulated by: FCA, CMA, FSC, SCA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong international regulation | No local regulatory protection |
| Segregated client funds | Legal recourse lies under foreign regulators |
| Supports MT4 and MT5 | Verification may require international documentation |
| Wide instrument range | Terms may vary by FXTM entity |
| Transparent risk‑management structure | Some regional restrictions apply |
Our Insights
FXTM does not operate under 🇷🇺 domestic regulation but accepts Russian traders through its globally regulated branches. It provides strong international regulatory protection, secure trading platforms, and a broad range of instruments. Russian clients gain access to reliable tools while trading under foreign oversight.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5 Best Forex Brokers in Russia – A Comparison
| Strong brand recognition and long-term presence in Russia’s retail forex market. | |  |
| Strong reputation among Russian traders for stability and professionalism. | | |
| Unique tools like dealCancellation and Freeze Rate appeal to active traders. | | |
 | Attractive for Russian traders due to multilingual support and easy onboarding. | | |
 | Large client base in Russia with strong local brand familiarity. | | |
Forex Trading in Russia – Quick Overview
Forex trading in Russia is legal but tightly regulated. The 🇷🇺 Central Bank oversees all licensed brokers and enforces strict financial and operational standards. Russian traders access major and minor currency pairs, commodities, indices, stocks, and cryptocurrencies via domestic and international brokers.
Offshore entities also accept Russian clients under foreign regulation. While local regulation offers protection, many traders choose globally regulated brokers for broader instruments and flexible trading conditions.
Pros and Cons of Forex Trading in Russia
| ✓ Pros | ✕ Cons |
| Legal and regulated by 🇷🇺 Central Bank | Limited leverage for retail traders |
| Strong client fund protection | Fewer high-risk trading options |
| Transparent reporting and supervision | Some brokers restrict bonuses |
| Access to major currencies and CFDs | Offshore brokers carry higher risk |
| Popular platforms like MT4 and MT5 | Local legal recourse is limited for offshore trading |
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In Conclusion
Forex trading in Russia combines strong regulatory oversight with opportunities through domestic and offshore brokers. Traders enjoy high transparency, secure platforms, and varied instruments. However, the choice between local and international brokers affects leverage, legal protection, and product availability, making informed decisions crucial.
Faq
Yes. Forex trading is legal in Russia, but only brokers licensed by the 🇷🇺 Central Bank can operate domestically. Offshore brokers also accept Russian clients under foreign regulation.
The Central Bank ensures client fund segregation, reporting standards, and broker transparency. Offshore brokers follow their own international regulators.
Yes. Many Russian traders use globally regulated brokers, gaining access to more instruments and higher leverage, but with less local legal recourse.
MetaTrader 4 and MetaTrader 5 dominate, with some brokers also offering proprietary platforms and web-based solutions.
Yes. The Central Bank enforces conservative leverage limits for retail traders to reduce risk. Offshore brokers may offer higher leverage under their regulations.
