The most reliable stock market brokers in Russia. Rating: brokers of the Moscow Exchange

The table contains the top 25 companies whose statistics are disclosed by the exchange. The entire client turnover in the stock section is presented. Over 80% of it falls on RPS and REPO, and a smaller part on T0 and T+, where individuals also trade in shares, bonds, ETFs and others.

Place	Company	Total trading volume for 2016	Total trading volume. Change 2016/2015	Mode T +, T0. Change 2016/2015	Mode of Negotiated Deals (NTP). Change 2016/2015	REPO mode-Change 2016/2015
1	FG "BCS"	16 342 756 086 577	+22,77%	+1,33%	-51,82%	+32,97%
2	FG “OPENING”	14 546 134 825 715	-21,85%	-9,57%	+138,15%	-26,56%
3	LLC "Renaissance Broker"	12 348 434 666 832	-19,46%	+9,66%	-73,45%	-21,51%
4	Sberbank	6 344 788 755 965	-21,23%	+18,25%	+83,87%	-37,97%
5	BK REGION LLC	5 625 600 683 316	+64,65%	-34,21%	+4,80%	+79,60%
6	PJSC Promsvyazbank	4 623 299 389 179	+25,85%	+43,57%	+195,59%	+23,76%
7	IFK METROPOL LLC	4 603 320 123 730	+362,37%	-46,99%	-92,01%	+363,31%
8	JSC "FINAM"	4 252 086 155 062	+32,76%	-1,28%	+811,67%	+55,71%
9	IK VELES Capital LLC	4 133 376 940 761	+4,81%	+16,00%	+1,47%	+3,65%
10	PJSC Sovcombank	3 160 524 802 077	n.a.	n.a.	n.a.	n.a.
11	RONIN LLC	2 889 798 411 244	+60,95%	-23,69%	-48,89%	+90,36%
12		2 488 349 509 664	+85,27%	+5,34%	-8,54%	106,94%
13	ATON LLC	2 216 905 524 342	+12,40%	-6,62%	-27,69%	+23,12%
14	LLC “UNIVER Capital”	2 070 117 109 989	+122,97%	-33,68%	-58,23%	+177,53%
15	JSC Bank Credit Suisse (Moscow)	2 020 641 663 155	+39,33%	+60,98%	+39,04%	+35,63%
16	Bank GPB (JSC)	1 550 372 765 534	+15,57%	-0,30%	+4,35%	+40,60%
17	JSC "ALFA-BANK"	1 467 738 519 067	+46,15%	+5,49%	+82,24%	+68,52%
18	VTB 24 (PJSC)	1 424 977 346 124	+3,34%	-4,03%	+10,48%	+40,24%
19	ALOR BROKER	1 230 667 911 552	-22,95%	-11,53%	-45,86%	-33,76%
20	JSC IC "AK BARS Finance"	1 094 150 009 053	n.a.	n.a.	n.a.	n.a.
21	PJSC CB "UBRD"	1 041 945 670 055	-10,06%	+403,14%	+136,84%	-13,08%
22	CB "LOKO-Bank" (JSC)	981 270 901 380	-32,91%	+30,12%	-11,50%	-34,93%
23	KIT Finance (JSC)	962 126 218 022	-0,63%	-30,94%	-0,11%	+19,50%
24	JSC IC IT Invest	880 565 380 273	+4,73%	-2,84%	-53,03%	+97,90%
25	PJSC "MinBank"	797 770 740 985	-15,01%	-19,39%	-33,37%	-14,44%
	Total,%:		+10,11%	-2,65%	+19,42%	+12,56%
	Total, rub.:		99 097 720 109 653	15 908 497 544 669	4 784 525 750 760	78 404 696 814 222

We see that the total volume of trading in the top 25 increased by 10.11% compared to 2015 and amounted to 99 trillion. rubles. REPO and RPS also grew, but the turnover of participants in T mode stagnates -2.65%. Below in the diagram you can see the same structure, but perhaps in a more visual form.

Rating of brokers of the Moscow Exchange by client turnover on the stock market for 2016 (infographic)

Mode T is highlighted in gray. This includes turnovers made by clients of brokers - individuals and legal entities with bonds, shares, shares, depository receipts and ETFs. The BCS company is in first place both in general and in this segment. Further (if you look selectively by mode T) “Opening”, the third “Sberbank”, the fourth “Finam”, the fifth place behind the “Renaissance”.

Help site

T0 mode– Bidding is conducted in the form of an open continuous bilateral auction. In the Main Trading Mode (in T0 order book), all bonds are traded, except for OFZs. From June 1, 2015, OFZ trading is conducted only in the T+ main trading mode (“T+1 order book”).

T+ mode this mode assumes delivery on the T+N day. Shares and depository receipts for shares are traded in T+2 mode. That is, if trades are settled on the same day during the evening clearing, this is Т+0. If the period is 2, then the settlement will take place on the third working day. Starting March 23, 2015, the Moscow Exchange introduces a T+1 settlement cycle for transactions with federal loan bonds (OFZ) on the stock market in the T+ main trading mode.

Time spending

10:00:00 - 18:39:59 Moscow time (for shares and DR for shares)
10:00:00 – 18:44:59 Moscow time (for shares)

REPO(from the English repo - repurchase agreement) - a type of transaction in which securities are sold and at the same time an agreement is concluded on their repurchase at a predetermined price. Reverse REPO is the purchase of securities with the obligation to resell them. Thus, a repurchase agreement consists of two transactions: a transaction with cash securities today plus a forward contract for the same assets in the future. From an economic point of view, REPO is analogous to lending secured by securities. At the same time, the REPO agreement saves the parties from procedures related to the use of collateral, such as auctioning in case of non-payment of the debt, because the rights to securities have already been re-registered to the creditor in the first part of the transaction. Moreover, the difference in price between buying and selling is a payment for the use of resources, by analogy with interest payments. REPO transactions are used in exchange trading so that clients of brokers can open short positions, that is, sell those securities that they do not have available. To do this, securities are borrowed through a REPO transaction and sold. After the position is closed (repurchase of securities), they are returned to the previous owner (as a rule, the brokerage company itself), and thus the second part of the REPO agreement is closed.

REPO with CCP– with a Central Counterparty - this is a type of exchange REPO, in which the counterparty of the participant is the Central Counterparty (Bank “National Clearing Center”). The Central Counterparty (CC) fulfills obligations to all bona fide participants, regardless of the fulfillment of obligations to the CCP.

OFZ
Shares and depositary receipts
Corp. bonds
Eurobonds

RPM- Negotiation mode. Under this mode, Trading Members inform specific counterparties of their intention to make a deal on certain conditions and come to an agreement by placing targeted orders. A necessary condition for concluding a transaction in the negotiated settlement mode is 100% preliminary deposit of assets. Settlements for concluded transactions are carried out on the terms of "Delivery against payment" on the day of the transaction.

RPS with the Central Committee– Mode of negotiated transactions with the central counterparty.

Trading time:

09:30:00 – 18:59:59 Moscow time

Trades in the following securities are carried out in the RPS with the CCP:

All securities from the T+2 order book (shares, RDRs, units, ISUs, foreign shares, depositary receipts for shares, ETFs)
All OFZ
A number of corporate and sub-federal bonds

Leaders in terms of trading volume on the stock market in all modes (except REPO)

By tradition, this platform is called the MICEX, in fact it is the stock market of the Moscow Exchange.

№	Company	Trading volume 2016	Trading volume 2015	Change, in %
1	FG BCS	3 908 273 060 590	3 929 162 533 516	-0,53%
2	FG “OPENING”	1 876 522 206 353	1 563 457 762 412	+20,02%
3	LLC "Renaissance Broker"	1 502 166 552 300	1 418 950 585 420	+5,86%
4	Sberbank	1 352 622 345 041	1 325 460 892 217	+2,05%
5	JSC "FINAM"	1 308 792 446 864	1 309 645 484 562	-0,07%
6	VTB 24 (PJSC)	969 180 548 700	1 015 768 115 844	-4,59%
7	JSC IC IT Invest	715 436 019 566	784 644 170 319	-8,82%
8		653 385 954 634	456 881 320 138	+43,01%
9	ALOR BROKER	459 779 282 391	608 828 100 605	-24,48%
10	JSC IC ZERICH Capital Management	364 058 391 488	482 146 611 081	-24,49%
11	ATON LLC	352 972 543 904	361 753 719 755	-2,43%
12	AO Citigroup Global Markets	327 764 207 291	190 770 006 563	+71,81%
13	JSC "ALFA-BANK"	322 271 944 712	322 385 964 239	-0,04%
14	Bank GPB (JSC)	307 660 776 491	345 245 969 999	-10,89%
15	Merrill Lynch Securities LLC	295 200 713 381	283 258 069 109	+4,22%
16	Morgan Stanley Bank LLC	281 088 775 734	205 122 908 965	+37,03%
17	PJSC Promsvyazbank	267 267 284 272	161 431 657 608	+65,56%
18	UBS Bank LLC	224 791 332 421	176 848 789 225	+27,11%
19	LLC VTB Capital Broker	190 558 571 018	106 023 913 106	+79,73%
20	PJSC “Best Efforts Bank”	190 111 882 379	147 034 826 571	+29,30%
21	IK VELES Capital LLC	188 143 286 152	172 706 039 793	+8,94%
22	JSC IFC "Solid"	173 932 646 301	140 684 193 861	+23,63%
23	KIT Finance (JSC)	127 460 566 771	162 587 382 595	-21,60%
	Goldman Sachs LLC	68 494 663 759	72 714 337 346	-5,80%
		32 259 170 291	33 969 902 938	-5,04%
	Total turnover for the year by TOP-50 brokers	17 666 636 105 816	17 464 962 276 442	+1,15%

The same data, but in the form of a chart

Otkritie and Promsvyazbank are adding well - they also have the most flexible approach to tariffs for trading in securities. In addition to these companies, "Best Efforts Bank" and "VTB Capital Broker" have a strong growth, but these two brokers do not work with individuals - their clients are other professional participants. We see that the turnover on the stock market of most intermediaries (and the segment as a whole) is not growing, and this despite the excellent upward trend in the MICEX index. significantly increased interest in trading shares on the Moscow Exchange in 2016. Apparently, they calculated the situation better and worked synchronously.

№	Company	Trading volume 2016	Trading volume 2015	Change, in %
8	Credit Swiss Securities LLC (Moscow)	653 385 954 634	456 881 320 138	+43,01%
12	AO Citigroup Global Markets	327 764 207 291	190 770 006 563	+71,81%
15	Merrill Lynch Securities LLC	295 200 713 381	283 258 069 109	+4,22%
16	Morgan Stanley Bank LLC	281 088 775 734	205 122 908 965	+37,03%
18	UBS Bank LLC	224 791 332 421	176 848 789 225	+27,11%
	Goldman Sachs LLC	68 494 663 759	72 714 337 346	-5,80%
	KB “J.P. Morgan Bank International” (LLC)	32 259 170 291	33 969 902 938	-5,04%

Leaders in terms of trading volume on the derivatives market of the Moscow Exchange (FORTS)

The derivatives market is a platform where active investors, numerous algorithmic traders, robots trade, but it is also used by professionals to hedge risks. In principle, all these types of participants are also represented on the stock market, but in smaller numbers, because. many hold securities for the long term, so there is an order of magnitude less speculation.

The exchange publishes monthly statistics on the TOP-10 brokers, but the data for 2015-2016 for each month is available in full only for the companies represented, so the full figures are only for 7 brokers.

Place	Company	2016	2015	Change 2015/2016
1	FG BCS	63 734 701 809 718	50 812 299 462 289	+25,43%
2	FG "OPENING"	46 082 250 933 723	31 932 320 001 665	+44,31%
3	OJSC IC ITInvest	19 143 969 156 925	21 796 618 757 951	-12,17%
4	IC "Renaissance Capital"	25 512 159 035 247	12 502 735 097 051	+104,05%
5	JSC "FINAM"	27 855 664 225 785	11 475 120 427 313	+142,75%
6	OJSC IC "ZERICH Capital Management"	9 973 691 409 851	9 376 763 410 624	+6,37%
7	Sberbank	5 846 150 805 313	4 978 247 394 828	+17,43%

Trading volumes in this section are growing steadily. The only thing that can be noted is IT Invest - their turnover sank both on the stock market and here.

Here it is worth noting "Finam" and "Renaissance", which have grown more than 2 times, however, we have no doubt that "Finam" did this at the expense of retail, the company has a platform for auto-following comon.ru. As we recently learned, over the past year, the assets of participants trading on it have grown from 8 billion rubles to 17 billion rubles, which could not but affect the turnover. “Renaissance Broker”, on the contrary, works only with institutional, foreign clients, but, apparently, also successfully.

Rating by active clients in the stock market

The table shows the average monthly number of active traders in 2015 and 2016 making deals on the stock section, excluding FORTS. The Moscow Exchange considers an active account that has at least one transaction in the reporting month. Based on the dynamics of this indicator, you can see which brokers the trading people choose. With a high probability, these companies will have the most acceptable conditions and service.

2 965 -0,34% 8 Gazprombank2 373 2 112 +12,36% 9 Alfa Capital Management Company851 0 – 10 Promsvyazbank1 726 1 060 +62,83% 11 KIT Finance1 388 1 384 +0,29% 12 ALOR1 249 1 304 -4,22% 13 FK RGS Investments598 0 – 14 Uralsib835 850 -1,76% 15 IT Invest609 528 +15,34% 16 IFK Solid649 666 -2,55% 17 IC Zerich Capital Management528 477 +10,69% 18 Surgutneftegazbank621 575 +8,00% 19 IC Recom-Trust413 425 -2,82% 20 IK TFB Finance249 0 –

Alfa Capital, RGS Investments and TFB Finance are investment companies that work with clients' assets under trust management, by the way, TFB is unlikely to resume work in 2017, because Tatfondbank's license was revoked. For the rest, we see that, in principle, the majority of companies have an increase in the number of traders. It is strange that there are more people trading, but there is a decline in turnover ..

The source of all data is the Moscow Exchange. The information was processed and formatted by IIS24.ru specialists.

Those who want to make money on the exchange will have to prepare for additional expenses:

broker commissions;
exchange commissions;
monthly service fee;
commissions for using programs for operations on the stock exchange;
fees for depository services (maintenance of accounts where securities are kept).

During the investment, additional commissions may arise.

The largest, as a rule, is the broker's commission. For one company, this may be 0.5% of the value of shares, for another - 0.055%. This means that when buying securities for 100 thousand rubles. the broker in one case needs to pay 500 rubles, and in the second - 55 rubles.

Where is more profitable?

We studied the tariffs of the largest brokers in Russia. The most favorable rate was at the company IT Invest - 0.035% per transaction. This means that when buying shares for 100 thousand rubles. for the services of a broker you need to pay 35 rubles.

The market leader in brokerage services, the BCS company, at the Start tariff, takes a commission of 0.0354%, but not less than 35.4 rubles. per day or 354 rubles. per month. The purchase of shares through Sberbank will cost 0.125% - from 100 thousand rubles. you have to pay 125 rubles.

The larger the purchase amount of shares, the lower the broker's commission.

Most brokers do not limit clients to the minimum amount required to open an account. VTB24 has the most significant limitation - in order to purchase shares, at least 100 thousand rubles must be transferred to the account.

15 brokers with a minimum commission

Broker - tariff	Commission for a transaction for the purchase / sale of shares (with a turnover of 100 thousand rubles per day)	Service fee	Min. invoice amount	Depositary services
			300 rub. per month (not charged if the account has more than 50 thousand rubles)
0.0354% (but not less than 35.4 rubles per day)	354 rub. (reduced by the amount of commissions paid)
0.0354%, but not less than 41.3 rubles. for the order	177 rub. per month, (reduced by the amount of the commission that is paid when buying / selling shares)		177 rub. per month (if there are transactions)
			200 rub. per month
0.04 of the transaction amount (including exchange commission)			0.004% per year
			150 rub. per month (if there are transactions)


0.055%, but not less than 35 rubles.	RUB 306.8 for keeping an account
	250 rub. per month (reduced by the amount of commission)		100 rub. per month (if there are transactions)
0.057%, but not less than 0.04 rubles. per deal	295 rub. per month (reduced by the paid commission on transactions), if the portfolio value is less than 50 thousand rubles. per month		0.01%, but not less than 100
			separately for each paper
			200 rub. per month (if there are transactions)

Where to open an account?

To start buying shares on the exchange, you need to choose a broker and conclude an agreement with him. For this you need a passport. Documents can be issued via the Internet (for example, using a State Services account) or at the company's office. 9 companies out of 15 surveyed offer the possibility of concluding a contract remotely:

IT Invest
Finam
Veles Capital
Alfa Bank
Zerich
Alor Broker
Opening Broker
ATON.

The largest network of offices where you can conclude an agreement in Moscow, VTB24 has 104 branches. Here are the addresses of brokers in Moscow. If you are from another city, then you can find the nearest office on the broker's website.

Warning: trading on the stock exchange is risky - you can make or lose the money invested. If you do not know how a stock differs from a bond and believe in a fabulous return in one day, then sign up for investment courses.

How was the ranking made?

It was taken as the basis, leading in terms of trading volume on the Moscow Exchange in January 2017. It included the first 15 companies that provide services to individuals. For each broker, a tariff was determined with a minimum commission for the purchase / sale of securities with a turnover of 100 thousand rubles. in a day. The rating did not take into account special offers and promotions. The lower the broker's commission, the higher its position in the rating. Broker rates are valid as of May 24, 2017.

I present to you the official rating of the best and most reliable Forex brokers in 2019 according to my website website— an independent rating is based on the general impressions of working with the represented brokerage companies over several years, as well as on the analysis of customer reviews of these companies on the Internet.

Note: over time, this TOP rating may be updated, new honest Forex brokers may be added to the rating, and some companies may also be removed from the list if they tarnish their reputation in any way.

Detailed description

In my rating of brokerage companies in 2019, not only Russian regulated Forex brokers with a license from the Central Bank of the Russian Federation can be represented, but also foreign (European and American) licensed international brokers that allow Russian citizens to open accounts.

This page contains those exchange companies that, in my opinion, are in the TOP 10 best Forex brokers in 2019. You will be able to decide through which broker it is better to trade and which broker is better to open an account with. Compare trading conditions and start earning.

The rating includes reliable ECN and STP Forex brokers with cent and ruble accounts, with no deposit bonuses, with minimal deposits and minimally low spreads, with instant money withdrawal and fast order execution.

Many foreign exchange brokers offer accounts with both floating and fixed spreads. And some of them even provide access to binary options trading, the popularity of which is quite high.

Dear friends, this TOTALLY INDEPENDENT rating of Forex brokers - only the best companies are represented here. The rating is based on my 9th experience and no less experience of my friends in the field of Forex.

The purpose of this ranking is to separate the wheat from the chaff. To show beginners (and not only them) truly reliable Forex brokers who will not specifically interfere with them during trading, who will withdraw money exactly at the time specified in the regulations and provide fast technical support.

All Forex brokers presented on this page have licenses, some licenses are very significant. Choose the broker you like and register - each of the companies is personally verified by me and my friends, professional traders!

I wish you success. Trade only with the right brokers!

1. Forex broker EXNESS (EXNESS)

The EXNESS group of companies was founded in 2008. Deeply understanding the needs of traders, she strives to provide the best trading conditions in the Forex market so that her clients from all over Russia and around the world have the opportunity to realize their full professional potential and achieve success. Tight spreads, no deposit/withdrawal fees, high-quality order execution, a wide range of instruments in EXNESS are the basis of the best trading strategies. Excellent conditions, reliability, convenient service, openness, quality and availability - this is EXNESS!

Regulation: EXNESS (Cy) Ltd is licensed by the Cyprus Securities and Exchange Commission (CySEC), EXNESS Limited is licensed by the International Financial Services Commission Belize.

The UK division of EXNESS Europe Limited has been awarded a Financial Conduct Authority (FCA) compliance certificate with registration number 730729.

EXNESS (Cy) Ltd is also a member of the Investor Compensation Fund.

Deposits and withdrawals: 11 deposit methods and 12 withdrawal methods ().

EXNESS trading conditions:

Trading platforms: MetaTrader 4, MetaTrader 5, WebTerminal MT4, mobile platforms;
Account types: demo accounts, cent (only with EXNESS Limited), mini accounts, classic, ECN accounts (only with EXNESS Limited);
Account currency: more than 80 options;
Minimum deposit: absent (for cent and mini-accounts);
Tools: more than 120 currency pairs, metals (gold, silver), CFDs on futures (NYMEX);
Spreads:
Max. leverage: up to 1:INfinity (only in EXNESS Limited);
Min. order volume: 0.01;
Max. order volume: from 100 to 200 standard lots (for cent accounts — 100 cent lots);
Min. order volume step: 0.01 (for classic accounts - 0.10);
Max. number of orders: 1000 for cent accounts, 2000 for ECN accounts, 100 for Mini accounts, for Classic accounts - unlimited;
Max. total volume of orders: no limits;
margin call: from 30% to 100% (depending on the account type);
stop out: from 0% to 50% (depending on account type).

2. Forex broker RoboForex (RoboForex)

The goal of RoboForex is the successful trading of its clients in the most comfortable and stable conditions. Enjoy the convenience of your Personal Account, a variety of trading accounts and instruments, high-quality and fast execution of transactions using STP technology, as well as trading terminals covering a wide variety of preferences: MetaTrader4, MetaTrader5, cTrader and their mobile versions. Test any trading strategy at RoboForex and choose the most suitable one for you. Give orders - RoboForex will do the rest!

Regulation: RoboForex (CY) Ltd is licensed by CySEC (Cyprus Securities and Exchange Commission), RoboTrade Ltd is licensed by IFSC.

RoboForex trading conditions:

Trading platforms: MetaTrader 4, MetaTrader 5, cTrader, WebTrader, iPhoneTrader, Android Trader, cTrader Web;
Account types: demo, cent, standard, ECN, Affiliate, R Trader and Prime accounts;
Account currency: USD, EUR, RUB, BTC, ETH, GOLD;
Minimum deposit: 10 USD/10 EUR;
Tools: 36 currency pairs, Metals, CFDs;
Spreads: from 0 points (on the ECN-Pro NDD account);
Max. leverage: 1:1000;
Min. order volume: 0.01;
Max. order volume: 100;
Min. order volume step: 0.01;
Max. number of orders: 200 for cent accounts (there are no restrictions for other types of accounts);
margin call: from 40% to 60% (depending on the type of account);
stop out: from 10% to 100% (depending on the account type).

3. Forex broker WELTRADE (VELTRADE)

WELTRADE is 65 professionals with extensive international experience in the field of finance and Internet technologies. The company offers traders around the clock, really high-quality service and an individual approach to each client. It is direct communications that are the main priority of the company. WELTRADE always listens to customers, trying to improve its service. Why WELTRADE? — 9 years in the Forex market, more than 100,000 traders, friendly service, 24/7 support, 30 minutes withdrawal!

Regulation: Systemgates Capital Ltd., which owns the WELTRADE brand, is licensed and regulated by the Belize International Financial Services Commission (IFSC) to trade in financial instruments.

WELTRADE is a candidate member of the Association for the Development of the Financial Market (ARFIN), which includes participants in the international Forex currency market and other similar markets that carry out financial intermediation in transactions with over-the-counter financial instruments.

Deposits and withdrawals: 13 ways to deposit funds and 11 ways to withdraw funds ().

WELTRADE trading conditions:

Trading platforms: MetaTrader 4 for Windows, MT4 for iOS, MT4 for Android;
Account types: Demo Accounts, Micro Accounts, Premium Accounts, Pro Accounts, ZuluTrade Accounts, Crypto Accounts;
Account currency: USD, EUR;
Minimum deposit: 25 USD;
Tools: Forex, Metals, Commodities, Cryptocurrencies;
Spreads: from 0 points;
Max. leverage: 1:1000;
Min. order volume: 0.01;
Max. order volume: 100;
Min. order volume step: 0.01;
Max. count open orders: 150 on Pro-accounts;
margin call: from 20% to 40%;
stop out: from 10% to 20%.

4. Forex broker AMarkets/AForex (AMarkets, AForex)

Brokerage company AMarkets has been widely known in Russia and the CIS since 2007 as a reliable partner when working on financial markets. It offers a wide range of financial instruments for online trading, including currencies, metals, commodities, stocks, bonds, cryptocurrencies, as well as CFDs on global stock indices. AMarkets provides traders with premium services, paying special attention to the quality and speed of order execution. AMarkets means transparent working conditions and security of client funds!

Regulation: international financial company AMarkets is a member of the Financial Commission. The presence of the Financial Commission certificate indicates the full compliance of the brokerage company with the requirements for the provided legal documents, the main criteria for the professional provision of brokerage services, the capital requirements that form the Financial Commission insurance fund, as well as the principles of business ethics and fair competition.

Since 2017, the company has been audited by Ernst & Young, a member of the Big 4 (4 of the world's largest audit consulting firms). E&Y concluded that all funds in AMarkets accounts far exceed any obligations the company has to its customers. Those. a trader can withdraw his deposit or profit in any case, and in any amount.

Deposits and withdrawals: 15 deposit methods and 10 withdrawal methods ().

AMarkets trading conditions:

Trading platforms: MT4, MT5 - desktop, web, mobile, MT4 Multiterminal, PAMM;
Account types: demo accounts, Standard, Fixed, ECN, Institutional, Bitcoin;
Account currency: Bitcoin (MBT), USD, EUR, RUB;
Minimum deposit: at least $100 for citizens of the Russian Federation;
Tools: Forex, Cryptocurrencies, Metals, Indices, Commodities, Bonds, Equities CFDs;
Spreads: from 0 points;
Max. leverage: 1:1000;
Min. order volume: 0.01;
Max. order volume: is not limited;
Min. order volume step: 0.01;
Max. number of orders: any;
margin call: from 50% to 100% (depending on the account type);
stop out: from 20% to 40% (depending on the account type).

5. Forex broker Alpari (Alpari)

Today Alpari is one of the leading companies offering Forex trading in Russia. An impeccable reputation, customer focus and an innovative approach to business development have allowed the company not only to firmly occupy its niche in Russia, but also to successfully expand globally. The history of Alpari's development is a vivid example of how several people achieve dizzying success by starting a business from scratch. The company is already 18 years old - more than a MILLION customers have chosen Alpari! Forex with Alpari - traditions and reliability of work in the Forex market!

For clients with large deposits, Alpari offers special Forex trading conditions, specially designed services and other privileges - to join the Alpari VIP Club!

Regulation: Alpari-Broker LLC is licensed by the Federal Financial Markets Service of Russia and is a member of SRO NAUFOR, Alpari Limited is licensed by the International Financial Services Commission of Belize. Alpari is one of the initiators of the creation of the CRFIN (Center for the Regulation of OTC Financial Instruments and Technologies).

Alpari is a member of The Financial Commission, an international organization that resolves disputes in the field of financial services in the international foreign exchange market.

Deposits and withdrawals: 38 deposit methods and 9 withdrawal methods ().

Alpari trading conditions:

Trading platforms: MetaTrader 4 and MetaTrader 5 + mobile terminal for IOS/Android, Alpari Mobile, Alpari Invest;
Account types: demo accounts, cent, standard, ECN accounts, PRO accounts, PAMM accounts;
Account currency: USD, EUR, RUR, GLD;
Minimum deposit: from 20 USD (not available for cent accounts);
Tools: 46 currency pairs, Metals, Commodity CFDs, Indices CFDs, Cryptocurrency CFDs;
Spreads: from 0 points (on the pro.ecn.mt4 account);
Max. leverage: 1:1000;
Min. order volume: 0.01;
Max. order volume: 100;
Min. order volume step: 0.01;
Max. number of orders: no restrictions (on pro.ecn.mt4 account);
stop out: from 10% to 60% (depending on the account type);
Phone dealing: only closing positions;

6. Forex broker Forex4you (Forex4U, ForexFOU)

The Forex4you brand is registered by E-Global Trade & Finance Group, Inc. in many countries of the world and has been represented since 2007. In many cities of the Russian Federation and the CIS, there are Forex4you introducing agents who provide customer support services on all issues of trading and the Forex market. Today Forex4you in Russia actively cooperates with a wide range of financial intermediaries, insurance companies, payment systems and banks. Forex4you traders are confident that they have the best opportunity in existence!

Regulation: E-Global Trade & Finance Group, Inc (E-GLOBAL) is licensed to provide financial services and is regulated by the Financial Services Commission (FSC).

E-GLOBAL complies with all regulations of the Financial Services Commission (FSC), is regulated by the Securities and Investment Business Act (SIBA) and is based on three key principles: transparency of activities, protection of the interests of clients and activities in accordance with the law.

Deposit and withdrawal of funds: 9 ways to deposit funds and 7 ways to withdraw funds ().

Forex4you trading conditions:

Trading platforms: MetaTrader 4, Metatrader 4 for iPhone/iPad and Android, Forex4you WebTrader, Forex4you Desktop;
Account types: demo accounts, cent, classic, NDD accounts, PAMM accounts, Pro STP accounts;
Account currency: USD, RUB, EUR;
Minimum deposit: absent;
Tools: more than 150 tools for trading on Forex, indices, commodities, stocks and cryptocurrency;
Spreads: from 0 points (on Pro STP accounts);
Max. leverage: 1:1000;
Min. order volume: 0.01;
Max. order volume: 200;
Min. order volume step: 0.01;
Max. number of orders: 500;
margin call: from 50% to 100% (depending on the account type);
stop out: from 10% to 20% (depending on the type of account).

7. Forex broker FreshForex (FreshForex)

FreshForex started working in the foreign exchange market in 2004 and today is one of the leading companies in the online trading market. Constant improvement of trading conditions, launch of popular financial instruments, care for each client - all this ensured the rapid development of the company and the wide popularity of the FreshForex brand in the community of traders. Today, the company provides traders with some of the best Forex trading conditions. FreshForex - Your reliable Forex broker!

Regulation: FreshForex is regulated by CRFIN (Center for Regulation of Over-the-Counter Financial Instruments and Technologies) and KROUFR (Commission for the Regulation of Relations of Financial Market Participants).

Deposits and withdrawals: 28 deposit methods and 22 withdrawal methods ().

FreshForex trading conditions:

Trading platforms: MetaTrader 4 for Windows, iPhone/MAC, Android, Linux and MetaTrader 5 for Windows, iPhone/MAC, Android;
Account types: demo accounts, classic accounts, MARKET PRO accounts, ECN accounts;
Account currency: US dollars (USD), Russian rubles (RUB), Euro (EUR), Bitcoin (BTC);
Minimum deposit: absent;
Tools: 49 currency pairs, CFDs on precious metals, CFDs on stocks, CFDs on indices, CFDs on energy commodities, CFDs on cryptocurrencies;
Spreads: from 0 points (on ECN accounts);

The effectiveness of a broker on the Russian stock market is determined by a number of significant indicators.

Comparison of parameters of intermediaries allows the client to find "his" representative in the country's stock market. The following are recognized as the main criteria for the activity of exchange representatives:

One of the significant criteria for the productivity of a broker is the volume of his trading on the Moscow Exchange. Based on the MICEX data, brokers can be ranked in a special rating based on their business activity. According to official data for 2016, the TOP-10 is as follows:

No. p / p	Name of exchange intermediary	Trading volume according to the Moscow Exchange, million rubles
1	BCS financial group is the industry leader	1 974 030
2	Bank FC Otkritie	705 860
3	JSC Bank Finam	681 900
4	Sberbank of Russia is the leading bank in the country	669 960
5	Renaissance	643 110
6	VTB	523 390
7	IT Invest investment company	412 060
8	ALOR group of companies - association of companies	357 440
9	CERICH Broker	266 920
10	Aton Investment Group	180 580

BCS

At the end of 9 months of the current year, BCS remains the leader in all parameters of the MICEX key ratings. Moreover, the broker confidently holds the leading position at the end of each reporting month. According to the results as of 01.01.2016, the main indicators of the intermediary's business activity show its significant superiority over the main market competitors in the leading areas.

For example, according to the ranking of the leading players in the options and futures market, compiled in September of this year, the volume of the company's transactions exceeded 5 trillion. rubles, which is almost 2 trillion. surpasses the data of the closest competitors and doubles the similar indicators of the broker itself a year ago. When evaluating the activity of participants in the mode of basic trading, the company occupies a leading position.

Its monthly turnover was fixed at the level of 290 billion rubles, which ensured a two-fold lead over other major stock market brokers. Continued volatility in the stock market allowed spurring client activity in the derivatives and currency markets. The use of structured credit bonds created an opportunity for the BCS Financial Group to "sew" ready-made strategic decisions into IIS.

This is the opinion of P. Sorokovy (Head of Inter-Broker in BCS) about the work of the company in September of this year.

Opening

As of 2016, FC Otkritie was recognized as systemically important for the country. Among the selection criteria published by the Bank of Russia in the middle of this year are the following indicators:

bank size
volume of deposits of individuals
ratio of FL and LE contributions
volume of transactions in the interbank market
amount of attracted financial resources
quality of funds placed in other structures

JSC Finam

The value of the broker's turnover on the international market in September 2016 amounted to $60,194 million, with the total amount of all transactions equal to $116,644 million over the past month. With offices in more than 90 cities, the bank works for clients living in more than 40 countries around the world.

Founded in 1841, today's Sberbank is a recognized leader in the Russian banking sector. It accounts for 1/3 of all banking assets of the country. It is the main creditor of the economy and the largest player in the deposit market. The bank is represented by 16 territorial units and more than 17,000 branches throughout the country.

Renaissance Broker

Brokerage is the main activity for the company, established in 2002 and registered with the Moscow Inspectorate. The intermediary has all the necessary licenses to carry out activities on the stock exchange, including: a professional participant in the securities market, the right to conduct brokerage, depositary, dealer activities and to manage securities.

Average number of active clients on FORTS

Unlike the MICEX, it is possible to calculate not only the value of newly registered accounts, but also the structure of the activity of existing clients using the derivatives market indicators. Based on the number of active traders, the current rating of operating brokers in 2016 looks like this:

TOP-5 brokers by average monthly amount of active traders in 2016

Trading volume on FORTS

In terms of the volume of trades conducted on FORTS, the industry leader is also BCS. At the same time, the turnover for analysis is recognized in the full contract value, and not in the amount of only one collateral.

TOP-5 financial intermediaries in terms of trading volume on FORTS

According to the indicated selection criterion, SBERBANK takes only 8th place in the rating, while VTB 24 is in 9th place. It should be noted that in this list the 11th place belongs to another significant market player - Promsvyazbank with an indicator of 1,062,165 million rubles. (trading volume of the company for 6 months of the year - 66,790 million rubles)

An exchange broker is a professional participant in the stock and other securities market. His knowledge and experience allow inexperienced investors and speculators to make money on the stock market. The activity of stock market brokers in Russia is regulated by the state, which deliberately excludes fraudulent schemes and unprofessional behavior of the parties. The rating of RBC intermediaries will help you find the most reliable broker to represent the client's interests.

Every year, national investment resources update the ratings of brokers in Russia based on the activity of clients, trust in the company, the number of transactions and contracts, the volume of processed successful investments, and a number of other indicators.

The information provided will help you choose a reliable broker for investment activities, because feedback on their work is very important.

We tried to select the most popular resources, analyze the assessment of the information provided in comparison with each other and derive a single consolidated rating of brokers in Russia in 2016-2017.

For the purpose of analysis, indicators on demanded markets will be considered: stock and derivatives, the FOREX market and binary options.

Stock and futures markets

Moscow Exchange for December 2016 presented the leaders of the rating Russian stock brokers for the positions below:

respectively: VTB 24 (PJSC), Sberbank, FG BCS, JSC Finam, FG Otkritie.
By number of active clients: Sberbank, JSC Finam, FG BCS, VTB 24 (PJSC), FG Otkritie

Based on customer feedback analysis of the described segment, the leaders with a rating system of 5 and 5 are:

IN assessment of the International Association of Forex Traders JSC FINAM became the top again (5 out of 5).

As you can see, the statistics of real reviews allows us to call him the main contender for 1st place in the rating of Russian stock brokers.

By the number of registered clients: Finam JSC, FG Otkritie, BCS Company LLC, Sberbank, VTB 24 (PJSC).
By number of active clients: similarly - Finam JSC, FG Otkritie, BCS Company LLC, Sberbank, VTB 24 (PJSC).

The number of registered clients and active clients clearly shows the broker's defense capability and its attractiveness among investors. By analysis indicators of the stock and futures markets of the FinancialOne magazine again, FINAM became the undisputed winner, 2nd and 3rd places are shared by FG Otkritie and.

From the above data, we can conclude that the leadership of 3 brokers and the competition between them. Let's present in the table the attractiveness of the opening conditions, commission and the amount of the minimum deposit, and also display the same data for two more leaders of the above data: Sberbank and VTB 24 (PJSC).

Summary data on the stock and futures markets

The set of investment strategies for each company is replenished and formed according to the principle of a combination of instruments and their level of riskiness. The attractiveness of each strategy is relevant for the investor after choosing a particular broker. It should be noted that companies with a larger share of state participation, like the two banks listed in the rating, are more attractive in terms of reliability, but active investment activity is diverse with the top three in the rating.

Binary Options

Binary options are a relatively new and popular financial instrument. Ratings of binary options brokers in Russia in 2016 are presented on specialized resources for the analysis of foreign companies, with which our citizens have the opportunity to work. However, some Russian brokers also provide potential clients with the opportunity to use binary options.

The table shows their characteristics in terms of key indicators according to the information provided on the official websites, and similar indicators of leaders among foreign representatives.

Russian options

The following table shows the most liquid foreign representatives of the rating of binary brokers for 2016 in Russia.

Foreign Options

The table shows participants with a high degree of trust from traders, according to the reviews provided, Russian-language support, a fairly convenient way to deposit and withdraw funds (WebMoney, Qiwi, VISA, MasterCard, Yandex Money payment systems).

FOREX market

Expanding the theme of the rating of forex brokers 2016 in Russia, it should be noted that in accordance with the requirements of the legislation of the Russian Federation (Federal Law of December 29, 2014 No. 460), forex dealers are required to obtain accreditation from the Central Bank of the Russian Federation and join a specialized SRO. As of 01/20/2017, which means that the rest of the forex dealers are now working illegitimately.

For foreign brokers, the restriction is to advertise services. Those. foreign market representatives will be able to use this right if they create a legal entity in Russia in accordance with the requirements of the law.

It should be noted that national brokers who did not manage to obtain a license on time continue to work through offshore companies, but they cannot attract new clients in the legal field.

It is known that large Russian representatives of the segment applied for accreditation: Fix Trade LLC and Rodeler Ru LLC.

Outcome

Now, taking into account the analysis of the above information, we will reflect the consolidated rating of brokers in Russia for 2016-2017. according to the indicators presented in the table for each market, where

B - high level, C - medium level, H - low level;
customer growth (1) and customer activity (2) calculated from the weighted average for 2016 - over 700 thousand - level B;
indicator of customer orientation (3) from information on the strategies presented, information accessibility, professional support;
indicator + / - the presence of an investment product;
positive feedback from customers, taking into account the rating from 1 to 5.