Alpari receives license from the Bank of the Russian Federation
Ever since the initiation of Alpari, we have strived towards providing more transparency and safety within the Russian Forex market. This commitment of ours led to our participation with top industry organisations such as NAUFOR, NAFD, the Financial Commission and the legislative organs of power in Russia. We have worked together to establish new framework regarding transparency in both the Russian market and other countries in which the brand has a presence.
After a long procedure and a year of waiting, on the 28th of October, we were all overjoyed to hear the news that Alpari Ltd became a licensed forex broker in Russia, with full authority to conduct any forex activities within the Russian Federation. This is a start of a new chapter in the forex market, with Russian traders and investors receiving more legal protection, added transparency and help to build stronger partnerships with themselves and their brokers.
Words cannot describe how happy I am about this and how excited all of us are for what the future has in store for Alpari.
Acquiring this license further affirms Alpari’s position as an undisputed forex leader in Russia, after already being named ‘Largest Forex Broker’ by Interfax-CEA 5 years in a row, and being the first and only broker in Russia to publish its operational indicators for its activities every month.