Forex in Russia

The origin and development of the Forex market in Russia occurred in the mid-90's, with the rise of free-market. Quite quickly, he gained popularity due to the spread of departments banks involved speculation. Of course, the development of this market in Russia lagged in comparison with developed countries, primarily because of the "feverish" economy and underdeveloped information.
But gradually, with the emergence in Russia of large brokerage firms, as well as the rapid growth of Internet service providers, began to fill this "no tillage field." Forex attracts Russians high liquidity, efficiency, lack of tax payments and leverage, allows you to trade in the market, with a small deposit. To date, the market is one of the largest, in fact it's even more than just off-exchange trading platform.
The thousands of investors are trading a dozen brokerage firms, causing a huge amount of spin funds. Forex in Russia - this is a whole subculture, with its principles and myths. This huge market is very attractive to many inexperienced privateers, which is particularly evident in our country. So you can often see how customers money disappear into the one-day companies offering enticing terms of trading, catching in their nets novice traders. Often these firms are registered in the so-called offshore in order to obtain the desired profits disappear "meet."
By 2010, Russia have several major dealing centers, such as Forex Club and Alpari, controlling much of the foreign exchange market. Market, unlike in the West, is unregulated, so there are many problems for dealing rooms, and for their customers. For traders, the risk of non-profits for the brokers - the risk of losing customers and bankruptcy. The main problem of the Russian market - a huge number of traders who trade in small deposits. Statistics for the last few years shows that of the 10 traders only one has a profit for the year, while 70% of newcomers leave the market, draining all the money and was disappointed in him.
However, despite the numerous "but" prospects of Forex in Russia is quite optimistic: the level of brokerage firms is growing, there is a constant flow of private investment, infrastructure development leads to the appearance of advertising in the press, on TV and online resources.
All commercial banks are becoming more bidders, and by-night companies on the contrary - is decreasing. The engine of all this - the competition. That makes it an emerging market, is not fully saturated, but rather dense and voluminous. Russia is among the developing countries - so the Forex market will develop in parallel with the general development of the financial system in the country, which will positively affect both the supply of capital and on exports.