Risk Management Index
The Central Bank of the Russian Federation (Bank of Russia) was founded on July 13, 1990, on the basis of the Russian Republic Bank of the State Bank of the USSR. Accountable to the Supreme Soviet of the RSFSR, it was originally called the State Bank of the RSFSR.According to the constitution, it is an independent entity, with the primary responsibility of protecting the stability of the national currency, the ruble.Before 1 September 2013, it was the main regulator of the Russian banking industry, responsible for banking licenses, rules of banking operations and accounting standards, serving as a lender of last resort for credit organizations. After pointed date functions and powers of CBR were significantly expanded and the central bank received the status of a mega-regulator of all financial markets of Russia.It holds the exclusive right to issue ruble banknotes and coins through the Moscow and St. Petersburg mints, the Goznak mint. The central bank issues commemorative coins made of precious and non-precious metals as well as investment ones made of precious metals, which are distributed inside and outside the country.Under Russian law, half of the bank's profit must be channeled into the government's federal budget. The Central Bank of Russia is a member of the BIS.
Current Status:Suspicious Clone
License Type:Retail Forex License
Regulated in Country/AreaRussia
Regulatory License No.：045-14070-020000
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :129090, г. Москва, Б.Балканский переулок, дом 20, строение 1, этаж 5, пом. В
Phone Number of Licensed Institution :(499)215-79-79
Licensed Institution Certified Documents :Alfa Forex CBR牌照 View Certified Documents
Most visited countries/areas
The data are from WIKI Research 2021.06.21 updated
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Basic Information & Regulators of Alfa Forex
Alfa Forex is a Russian online forex broker that creates the best service for its clients by offering a wide range of trading instruments and fund management. Alfa Forex claims to hold a retail forex license authorized by the Central Bank of Russia (license number: 045-14070-020000).
Safety analysis of Alfa Forex
The Russian CBR retail forex license held by Alfa Forex is suspected to be a fraudulent license, so in reality, Alfa Forex is an unregulated forex broker. The most important factor in measuring the safety of a forex trading platform is whether it is formally regulated, unregulated traders cannot protect the safety of their clients' funds. Investors should stay away from the Alfa Forex forex broker.
Alfa Forex offers investors 29 popular currency pairs in the Forex market, such as EURUSD, GBPUSD, USDRUB, EURRUB, USDJPY, etc.
Leverage & Accounts
Alfa Forex offers leverage of 1:40 for major currency pairs such as EURUSD, GBPUSD, USDRUB, USDCHF, and 1:20 for USDZAR and USDMEX.
Spreads & Commissions
The spread is 1.2 pips for EURUSD, 2.1 pips for GBPUSD, 2 pips for USDJPY, 1.7 pips for USDCHF, and 1.8 pips for USDCAD.
Trading Platforms Available of Alfa Forex
Alfa Forex offers traders a white-label MT5 trading platform. MT5 is the latest version of MT4, with all the positive features of MT4, 21 time periods, 70 technical indicators. MQL5 programming language will be several times faster, and EA testing is more powerful. There are five order types and four execution modes, which can implement different order strategies. MT5 can provide more financial instruments, in addition to precious metals, foreign exchange, futures. It also provides real-time quotes and trading of financial investment products such as stocks, options, etc.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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