Re: eToro stops offering forex trading in Russia

2
mlawson71 wrote: Wed Sep 13, 2017 11:38 pm Etoro, the largest social trading brokerage, will stop offering Forex trading to its clients in Russia.
The change comes into effect from September 13.

The eToro decision is most likely made in compliance with Russian legislation, which requires a forex trading license, which they don't have.
Is it not strange,big organizations like this functioning with out license
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: eToro stops offering forex trading in Russia

5
The license will cost them probably some significant sum and that could be considered as one of the reasons. However, I’m sure that there are other options that could be implemented.
For example, some of the brokers are offering exchange listed products that are not forbidden and that’s how they keep serving Russian residents. Other are accepting professionals only.


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