PSB Forex Reviews in Russia
PSB Forex is a Russian online Forex broker that offers a modest range of financial products. The company claims to offer the highest leverage of 1:40 and only requires an initial deposit of 100,000 rubles. Most brokers only offer CFDs on precious metals and commodities. The minimum deposit amount is $1300 USD, and if you're new to the Forex market, you'll be glad to hear that they also offer a standard account for as little as $100. Looking more visit psb forex отзывы .
PSB Forex is owned by Artacho Ltd. in Cyprus and has a small but growing client base. The forex dealer license was cancelled earlier this year when the Central Bank of Russia revoked its retail license. The FX dealer market in Russia has remained unregulated since 2012, with only a few dozen active trading clients. Nevertheless, there are some positive signs for investors, and this can mean that the Russian regulator will soon begin enforcing its rules and regulations.
Although there are a few foreign companies that have entered the Russian forex market, this is still a crowded market. Because of the low capital of the country, the competition for customers is tough. While there are many offshore jurisdictions with larger markets, you must make sure that the broker you choose has a high quality reputation. If you're in the market for a new Forex brokerage, a review of PSB-Forex is highly recommended.
A review of PSB Forex's license is an excellent source of information on the company's services. It will help you decide if it is the right broker for your needs. You can also read customer reviews to see how satisfied past customers are. The financial performance of a broker is important to your success. If a company can make profits, it's the best choice. That's why it is so important to choose a reliable and reputable forex broker.
While PSB-Forex is licensed by the Central Bank of Russia, it is a popular option for traders. It offers low-cost fixed spreads on EUR/USD and is similar to MetaTrader 4. Its price was set at RUB 149 million in December 2020, but no bidders submitted bids. If you're looking for an affordable Forex broker, a review of PSB-Forex can help you decide whether it is right for you.
As a rule, PSB Forex offers high trading leverage. While the maximum leverage offered by most brokers is 1.1 pips, PSB Forex's spreads are 1.9 ppi. The high transaction costs mean that the broker will charge a significant commission to clients. So, before investing your money, make sure you understand your risk tolerance. In addition to low trading leverage, make sure to read a review about the broker's technical support.