The path to high returns from investing in securities lies through the use of a broker company.

I wrote earlier that . To purchase shares on the stock exchange, it is necessary to use the services of a broker.

The question arises: if you and I want to invest money in shares of Gazprom or Sberbank, then how can we avoid falling into the clutches of scammers, but use the services of a broker through whom we can actually buy real shares on the stock exchange?

Before opening an account and transferring your hard-earned money to the account of a brokerage company, I recommend playing it safe and checking that the brokerage company with which you want to enter into an agreement actually has access to the exchange.

How to do it?

On the official website of the Moscow Exchange there is a special section “List of trading participants”:
These are the companies that have access to trading. What are we doing? Let's check if the broker is on this list.

I will give an example for brokers whose services I use myself.
I have open accounts with brokers: Nettrader, Otkritie, Finam.

I search and find them in the table:
Nettrader - line 294
Opening Broker - line 304
Finam - line 486

Thus, I can be calm - all the brokers whose services I use are on the list of trading participants on the official website of the Moscow Exchange.

So, I told you about one of the ways to check the integrity of a brokerage company, i.e. a company through which you can invest in securities. A quick and simple check will help you avoid falling into the clutches of scammers.

Trusted Forex brokers, that’s what we will discuss today, because for any trader, a very important and responsible step is to choose among the best and controlled companies, since the efficiency and comfort of his further work in the currency market will depend on this choice.

The speed of order execution, swaps, spreads, leverage, minimum lot size and much more, all this determines what category the broker belongs to, whether he falls into the white list of good controlled companies or should be treated with caution.

Trusted Forex brokers – what points determine the essence of brokerage companies?

When studying the white list of the best companies controlled by various commissions, special attention should be paid to what trading conditions are provided by these brokers. For full-fledged work, traders need a fairly high speed of opening and closing orders. It is very important that you can start trading with a small deposit size, which is very important for most private traders.

It is important that the broker provides. For example, if this aspect is not so important for trading on news, then, for example, for scalping, which involves opening a large number of transactions, this nuance is of great importance.

It has been noticed that with good brokers included in the white list of the best companies, a trader can save hundreds of dollars on spreads. As for swaps, they should definitely be taken into account when conducting positional, long-term trading.

Good brokers, usually included in the white list of the best companies, have services related not only to currency trading, but also investment activities. This refers to copying trades or entire strategies, and other innovative introductions.

Trusted Forex market brokers, as a rule, conduct mailing lists for their clients or provide useful information on their web resources (all kinds of trading ideas, training webinars for market participants with varying degrees of training, and so on and so forth). All this indicates that the broker really cares about his clientele, increasing their level of trust in him, not to mention the fact that the company also provides an opportunity to earn money.

A mandatory distinguishing factor of good and best Forex market companies is the presence of an analytical section on the website.

This is especially important for trading on news. If analytical forecasts are highly accurate, then everyone wins, both speculators and brokers.

Well, and, of course, an important point when choosing a broker is the method of replenishing a trading account and withdrawing earned profits from it. The best Forex companies have a very large and varied number of these methods, as they say - everything is for the clients.

Also, the white list of Forex brokers includes companies whose transaction times are minimal.

That is, the trader does not need to wait a week for his “hard-earned money” to arrive in a bank account or on a card or wallet in an electronic payment system - this should be done in the shortest possible time.

In short, the trusted Forex brokers included in the list of the best companies are those that have a high reputation, high-quality service, a wide range of services provided, minimum deposits, interesting bonus offers and a convenient and reliable system of money transactions.

Below, we would like to present you with a white list of controlled best companies, which includes only proven Forex brokers, who are undoubtedly among the most reliable in the field of financial activity.

White list of verified Forex brokers – controlled company “InstaForex”

Our white list of the best companies in the Forex market opens with the InstaForex broker, launched in 2007. Literally immediately after registration, InstaForex enters into a cooperation agreement with MetaQuotes, a leading company in the programming industry, and global news providers, namely eSignal and Reuters.

This broker is included in the white list of controlled companies, since its activities are carried out on the basis of licenses issued by the Federal Service of the Russian Federation for Financial Markets, which give the right to organize brokerage activities. In addition, we note that this company is a member of “ RAUFR" - non-profit organization "Russian Association of Financial Market Participants".

As for the trading conditions of the InstaForex broker, they are very attractive:

• The minimum deposit of just one dollar can be topped up with USD, EUR or RUB.
• Regarding accounts, the broker provides the opportunity to trade in standard dollar and .
• You also have the opportunity to use a PAMM account and a Swap-free account.

For dollar accounts, the minimum lot starts from 0.01 points, and for cents 0.0001. The leverage size is set to 1:1 – 1:1000. An interesting fact is that the company charges 13% per annum on the trader’s free funds.

BEST FOREX BROKERS, ACCORDING TO THE RUSSIAN RATING FOR 2019:

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Alpari is a controlled broker by a number of financial authorities

The white list of controlled best companies in the Forex market could not help but get included, which from the moment of its founding (this is 1998) became simply a broker “on the market”.

Control over the company's activities is carried out by such revered and well-known regulators as KROUFR, NFA, FSFM, FSA and CFTC. Regarding trading conditions, the broker's clients can conduct trading activities through the MT4 trading platform, gaining access to Forex around the world.

Traders can use NDD accounts and have access to the Market Depth. There are also other services, and there are a lot of them and it is not possible to list them all, for example, access to “Zulu Trade” (the most famous service of signal providers), a wide variety of PAMM accounts and much more.

"RoboForex" is a brokerage company that has won its place as the best on the white list

The international broker RoboForex continues the white list of controlled best companies in the Forex market. This broker, which is a group of companies founded in 2009, has been able to occupy one of the leading positions in the field of finance in a fairly short period of brokerage activity.

RoboForex is included in the white list of controlled good brokers, as its activities are regulated by CySEC (license number 191/13). In addition, the company is an official member of the ICF, which provides insurance of investment deposits. But that's not all. The activities of the RoboForex broker are also regulated by the IFSC (No. IFSC/60/271/TS/16).

As for trading conditions, RoboForex offers the trader to trade through the MT4, MT5, cTrader and WebTrader RoboForex trading platforms.

• there is no minimum deposit,
• order execution is instant,
• There are 9 types of trading accounts to choose from,
• floating spread from 0 points,
• leverage size from 1:700 to 1:1000.

A remote free VPS server is available, as well as investment platforms RAMM and CopyFX.

Broker “Forex4you” is fourth among the best companies on the white list

The next broker included in the white list of Forex market companies is Forex4you. Registered a company in the British Virgin Islands under number 1384287 in 2007.

This broker is also controlled, and its activities are carried out on the basis of license SIBA/L/12/1027, issued by the FSC (Financial Services Commission). The audit and control over the activities of Forex4you is carried out by the company KPMG, which has great authority in the foreign exchange market.

• To start working with Forex4you, just replenish your deposit by $1.
• is 1:500,
• protective orders are executed automatically using the “Instant Execution” system,
• You can use more than 50 different instruments for trading (currency pairs, precious metals, CFDs, etc.).
• You can replenish your deposit and withdraw earnings using more than 15 methods.

VIDEO REVIEW:
White list, Forex brokers verified by specialists

Many who have tried their hand at Forex at least once note that trading on it is extremely unstable and is characterized by significant risks.

Because of this, most inexperienced traders begin to have a negative attitude towards all Forex exchanges, calling them nothing more than “kitchen”. In this article we will try to find out how to distinguish a normal broker from a scammer.

What groups of brokers are scammers?

Let's not deny that many brokerage companies are not at all what they say they are.

For clarity, we divide them into 2 main groups:

Financial Pyramide. This structure is considered a more dangerous fraudulent scheme than the above-mentioned “kitchen”. The main task of such fly-by-night companies is to attract as many clients as possible by offering them a “unique” product, and then the company disappears before our eyes like a “soap bubble” and it becomes impossible to receive your funds as compensation.

Now you have a completely logical question: how to find out that this or that dealing center is a fraudster. Let's highlight a few striking signs.

How to distinguish a normal broker from a “kitchen”? Several signs by which you can recognize a fraudulent broker

And as an example, we list a few signs by which we will understand from the “kitchen”:

The first sign of “kitchen” is the dealer’s bet on the inexperience of the novice player. Newly established brokers are especially guilty of this. Wanting to “promote” their trading platform, they, as a rule, promise “mountains of gold” to newcomers - a stable job, constant income, huge profits.

In such cases, you just need to remember that the Forex market sometimes does not spare both beginners and professional traders. Absolutely everyone is at risk. At first it is very important not to lose the entire deposit, and as for profit, at first it should be the last thing you care about.

Actively attracting inexperienced Forex traders. Even on legal exchanges, beginners who have never traded Forex in their lives are more likely to lose their deposit by choosing the wrong tariff or relying on chance.

If they call you on the phone and start actively offering brokerage services, then be sure that in this case they want to scam you out of money. They do not engage in “cold” calls and buying up telephone databases.

Organization of simple and unique courses. Forex trading does not have a magic strategy in which the trader will always receive a guaranteed profit. As a rule, such training materials either contain some well-known principles or do not imply further development. Thus, the “kitchen” only creates an appearance.
Lack of a referral program created on the basis of paying a percentage of the commissions received. Any other scheme for charging funds will be considered fraudulent. In addition, “kitchen” brokers very often offer clients a fixed rate.
There is no specification about liquidity providers.

When wondering how to distinguish a normal broker from a “kitchen” one, remember that such organizations pose a great danger, first of all, to traders, and only then to investors. In the latter case, investors choose a reliable player who prefers to work only with trusted brokers. However, this does not mean at all that investors should not know how to determine the “kitchen” in the Forex market. In any case, extra security won't hurt.

How to identify a fraudulent broker scheme in the foreign exchange market?

This phenomenon is quite rare on Forex, but despite this, modern scammers are quite inventive in their machinations, so that even experienced traders often fall for a skillfully hidden deception. Any broker whose assets are noticeably lower than his obligations should be considered a potential financial pyramid.

When an insured event occurs, the debts are unlikely to be paid to all victims. And until a controversial situation arises, the company’s clients may not even realize that they are working as a far from honest dealing center.

Let’s highlight a few more signs that will help you learn how to distinguish a normal broker from a scammer:

Companies with similar names like . It is very difficult for young organizations without proper experience to gain a foothold in the current market. That is why financial pyramids prefer to use brand recognition to their advantage by replacing just one letter in the name of a well-known trading platform.
Creating a unique product that promises guaranteed success and huge profits. In fact, this proposal is nothing special or outstanding.

Profit to first clients is accrued from funds received from new investors. The success of the “pioneers” is a kind of confirmation that you will not be “thrown in.” However, this is only necessary in order to “blur” the eyes of the remaining participants in the fraudulent scheme and with their help attract new investors.

The promise of guaranteed profits in the absence of restrictions on deposits. The main feature of a financial pyramid is the offer of “free cheese in a mousetrap.”

Any form of such promises should alert a novice trader. If a broker starts handing out cash bonuses for no good reason and at the same time makes it clear to the trader that he bears absolutely no risks, then this indicates that the organization has a financial pyramid structure.

Unfortunately, modern brokerage companies may have signs of fraudulent companies. For this reason, it is better not to take risks and turn to trusted companies that are members of such prestigious associations as the CFTC or NFA. Fraudsters, even if they want, will not be able to get into the above organizations.

BEST FOREX BROKERS, ACCORDING TO THE RUSSIAN RATING FOR 2019:

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Several important points for analyzing Forex brokers

When starting your journey as a Forex trader, you should not be biased towards this market, but you should not hope for fabulous profits.

Trading is extremely risky, but with a well-structured strategy, you can minimize your losses, and after gaining some experience, achieve a long-awaited profit.

If you want to find out whether your broker is a scammer or a scammer, then the first thing we recommend is to pay attention to its regulation. To do this, you need to take into account several important parameters:

• Registration of a brokerage company on the regulator’s website. All international organizations enter information about them into their databases, and it is completely public.
• The type of activity of the dealing center must comply with the permits it has.
• The license validity period must be current at the time of verification.

Do not start working with a brokerage company until you are sure of its reliability. Remember that fraudsters are also improving their skills and can forge any document. It also doesn’t hurt to talk to more experienced traders who have already had real experience interacting with the chosen firm.

As for reviews from Internet users, they are often biased, as they may be custom-made. At specialized forums, the question has been raised more than once whether it is worth starting to work with young companies or whether it is better to give preference to the “old-timers” of Forex.

It is difficult to say which path will be correct in this case, but if you want to try working with a newly established broker, then make sure that the firm is not less than 5 years old.

Many traders are very skeptical about banks, considering them, if not a financial pyramid, then certainly a typical “kitchen”. Numerous cases of bankruptcy of financial institutions due to the distribution of a large number of fictitious loans add fuel to the fire. In this case, it is necessary to perform a thorough analysis of existing banks, their level of stability in the market, etc.

In conclusion, a few more criteria by which you can distinguish a normal broker from a scammer:

Inflated spreads and commissions. Before entering into trading with a significant amount, make calculations, as a result of which you can calculate at least the approximate size of the spread and assess its adequacy. The same should be done with swaps if you are used to keeping trades open for quite a long time.
Broker management of quotes and stops. Of course, reliable dealing centers can also be guilty of this, but if you notice your brokerage company repeatedly influencing the market, then this is another reason to think about changing the dealing center.
Systematic interruptions in the operation of the terminal. Any trading platform can temporarily fail, but if something like this happens all the time, then it would be better to refuse such unprofitable cooperation.

How to define Forex cuisine?

From the article you will find out which brokers have official status in Russia. How to determine whether a broker is licensed. Who regulates brokers in Russia and how to complain about the actions of a broker. Read more in the article.

The Forex currency market received official recognition on the territory of the Russian Federation at the end of December 2014, with the adoption of appropriate amendments to Federal laws.

The first official date for the “launch” of regulation was October 1, 2015. At this point, brokers (in the text of the Law - “Forex dealers”) were obliged to:

• create a self-regulatory organization (SRO);
• increase equity capital to 100 million rubles;
• transfer an insurance premium of 2 million rubles to a special fund (for payments to clients in the event of bankruptcy of the organization);

The lack of companies willing to meet the listed requirements and obtain permits from an official Forex dealer in Russia led to the postponement of the launch date to January 1, 2016.

A series of inspections and raids by law enforcement agencies between 2015 and 2016 managed to convince some of the firms providing Forex trading services to unite into an SRO and obtain licenses from the Central Bank of the Russian Federation.

UPD: On December 27, 2018, the Central Bank of the Russian Federation revoked the licenses of 5 out of 9 Russian brokers: Teletrade, Forex Club, Alpari, Fix Trade and TrustForex.

What permissions does a broker need to have?

According to the requirement of the Federal Law “On Amendments to Certain Legislative Acts” (the so-called “Forex Law”, adopted under number 460), the company, registered in Russia, providing forex dealing services is obliged to:

Who is a Forex regulator?

The Forex market regulator is a government or commercial organization that is charged with the duty and responsibility of monitoring compliance with the legality of the activities of companies operating in this area.

In addition to control and audit powers, the Regulator issues regulations: guidelines, regulations, orders, instructions and develops standards for the work of Forex brokers in the country.

Specialists of the Forex Regulator can submit petitions to the country's legislative body to amend or adopt laws on the Forex market, and participate in working groups of development committees.

Who regulates Forex brokers in Russia?

Federal Law No. 460 assigns this role to the Bank of Russia. As the Regulator of Forex dealers, the Central Bank of the Russian Federation has broad powers in this area.

To obtain a license, a company must:

• approve the draft Agreement (Agreement) with the Client;
• ensure that staff and managers have certificates of professional market participants;
• maintain and submit reports in the established format;
• limit client risks with a leverage of 1 to 50;
• open separate bank accounts for storing traders' deposits;
• comply with minimum capital requirements.

The list of documents and laws for the work of Forex dealers in the Russian Federation is located on page site Central Bank of the Russian Federation.

How to find regulators' websites?

The websites of regulatory organizations must be indicated on the broker's page, in the section of the permitting documentation where the licenses are located. If there is no website address, the user can find the Regulator by searching on the Internet, taking the correct name of the supervisory authority from the License.

Where on the website can I see if a broker is regulated or not?

According to the laws of the Russian Federation, forex dealers are members of SROs, so we will receive complete information about the broker on website of this organization:

The ADF register contains comprehensive information that allows a trader to find out the license number and tax details, which will be useful if the dispute requires a decision in the courts.

The file is available for download in a convenient Excel spreadsheet format (in case of litigation, the defendant’s details do not have to be entered manually).

The Central Bank of Russia, the regulator of all types of financial markets and exchanges, publishes a register of Forex dealers in the section site“Financial markets”, in the subtitle – “Securities market and commodity markets”, at the bottom of the page:

On this page (on the right) the option of selecting regulatory and legislative acts of the Russian Federation on the Forex market is available.

Where to complain if a broker puts a spoke in your wheels?

If a trader has been subjected to unjustified infringement of rights by a licensed Russian forex dealer, he has the right to count on state protection.

In order for a complaint to be accepted effectively, the following steps must be taken:

• determine which rights were violated (clauses of the Client Agreement, articles of the Civil Code of the Russian Federation);
• write a complaint (leaving a copy) and send it by registered mail to the address of the legal registration of the company (taken from the ADF register).

The law provides for a mandatory attempt at pre-trial settlement of the dispute; the receipt of the registered letter and the left copy of the letter are evidence in court.

This does not mean that the issue cannot be resolved in parallel through the Forex broker's Support Service or e-mail. Copy the correspondence (take screenshots) - it will be useful for filing a complaint with the supervisory authority.

• write a complaint (at the same time) to ADF, KROUFR and the Central Bank of Russia (sites are indicated in the article), attaching correspondence (screenshots are possible), indicating points of violation of the Treaty and Articles of the Law of the Russian Federation.

List of licensed Forex dealers in Russia as of August 25, 2017

№	Name of company	TIN	OGRN	Legal entity address
1	Limited Liability Company "Alpari Forex"	9717003523	1157746930582	129164, Moscow, Rocket Boulevard, 16
2	Limited Liability Company "VTB 24 Forex"	9701034653	1167746257755	105066, Moscow, st. Novaya Basmannaya, 37A
3	Limited Liability Company "PSB-Forex"	7725323192	1167746652193	115114, Moscow, Derbenevskaya embankment, building 7, building 17
4	Limited Liability Company "Teletrade Group"	7709863070	1107746816540	123317, Moscow, Presnenskaya embankment, building 8, building 1, room 285 C
5	Limited Liability Company "Trustforex"	7734353387	1157746406366	127473, Moscow, Krasnoproletarskaya street, 30, building 1, room. 12, room 1-14
6	Limited Liability Company "Fix Trade"	3906186173	1083906004885	236022, Kaliningrad region, Kaliningrad, st. Teatralnaya, 30, office 516
7	Limited Liability Company "FINAM FOREX"	9710001492	1157746825940	127006, Moscow, per. Nastasinsky, 7, building 2, room. 17
8	Limited Liability Company "Forex Club"	7705931717	1107746881791	123022, Moscow, Zvenigorodskoe highway, building 18/20, building 1

conclusions

Every citizen of the Russian Federation has the Constitutional right to a fair trial and defense in court. If a trader is not satisfied with the results of the checks of the broker of the Central Bank of the Russian Federation, he can independently file a statement of claim in court. KROUFR will consider the trader’s complaint regardless of the broker’s jurisdiction. In case of a positive decision, an insurance fund created from contributions from Forex brokers is available to the deceived client.

In case of violation of the rights of a trader as a consumer, the case will be considered by the district court at the place of residence of the plaintiff, in other cases they are considered at the place of registration of the defendant.

All our students, clients and investors trade through a European broker. All relevant licenses are on its main page. During our trading (more than 2 years), there were no complaints about this broker.