Risk Management Index
The National Bank of the Republic of Belarus(NBRB) is the central bank of Belarus, located in the capital city, Minsk. The bank was created in 1922 under the name of "Belarusian Republican Bank" , but soon worked under the direction of the State Bank of the USSR. Undergoing reorganizations in 1959 and 1987, the bank appeared in its current form in 1990 after the passage of banking rules upon declaring independence from the Soviet Union. The bank's activities are regulated in the Banking Code enacted in October 25, 2000. Article 25 of the Banking Code, provides that one of the main functions of the NBRB is to ensure efficient, reliable and safe functioning of the interbank settlement system, and prescribes procedures for cash and non-cash settlements in the Republic of Belarus.
License Type:Retail Forex License
Regulated in Country/AreaBelarus
Regulatory License No.：УНП 192530878
Email Address of Licensed Institution :email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :220007, Minsk, Fabritsius St. 8Б, building 1, office 5
Phone Number of Licensed Institution :+375297577070
Most visited countries/areas
The data are from WIKI Research 2021.07.24 updated
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Basic Information & Regulators of Forexby
Forexby is a Belarus financial services provider，offering investors access to securities, OTC forex markets, oil, metals, and futures contracts. Forexby holds a retail forex license authorized by the National Bank of the Republic of Belarus with registration no. УНП192530878.
Forexby offers investors access to the most popular currency pairs in the Forex market, stocks, indices, securities, precious metals, and oil.
Accounts & Leverage of Forexby
To meet the investment needs and trading experience of different investors, Forexby offers four different accounts, namely Standard Accounts (minimum deposit of $500), Pro Accounts (minimum deposit of $1000), Premium Accounts (minimum deposit of $10,000), and Platinum Accounts (minimum deposit of $50,000). The leverage of the four accounts ranges from 1:10 to 1:100, and traders have the flexibility to choose according to their risk tolerance.
Spreads & Commissions of Forexby
Standard Accounts have spreads starting at 0.9 pips and no commissions. Pro Accounts have spreads starting from 0 pips, and commissions is $9 per lot for Forex trading and 0.02% for CFD trading. Spreads in Premium Accounts start from 0 pips, and Forex trading commission is $7 per lot, and CFD trading commission starts from 0.01%. Spreads in Platinum Accounts start from 0 pips, Forex trading commissions start from $6 per lot and CFDs commissions start from 0.008%.
Trading Platforms Available of Forexby
Forexby offers traders two trading platforms, the xCritical trading platform and the market-leading MT4 trading platform. xCritical offers online quotes, one-click trading, and automated market analysis. Traders have access to over 200 financial instruments in total. MT4 features advanced charting performance and accuracy and sets stops and profits directly on the charts. xCritical supports any smartphone and tablet for iOS and Android. MT4 is the ideal trading platform for the forex trading industry, enabling traders of all levels to develop the right trading strategies to help them get ahead of the financial markets.
Deposit and Withdrawal of Forexby
Traders can fund their investment accounts via VISA, MasterCard credit/debit cards, international bank transfers and cash replenishment at the cashier's office of Belarusian bank.
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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.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.