Forex and CFD Brokers Russia
In Russia, the financial regulatory authority is the Central Bank of the Russian Federation, commonly known as the Bank of Russia. The Bank of Russia is the central bank of the country and is responsible for overseeing and regulating the financial sector in Russia. Its main objectives include maintaining price stability, ensuring the stability and soundness of the financial system, and protecting the interests of consumers and investors.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.