FOREX (Foreign Exchange) - OTC interbank market in which transactions occur around the clock sale of a non-cash foreign currency for another.
Other financial markets FOREX differs the greatest volume of trading (more than 2.5 trillion U.S. dollars a day), the lowest cost of transactions and the fastest cash flows. This is the only global financial market that works 24 hours a day. Another feature of the FOREX (FX) is the absence of a specific marketplace. Market participants (central and commercial banks, investment and brokerage firms, regional currency exchanges) are located around the world and selling over the telephone and through computer terminals.
The advantages of the currency market FOREX
Service conditions
To conduct foreign exchange transactions in the market FOREX (FX) with natural and legal persons in the territory of the Russian Federation have the right to only banks with foreign exchange license from the Central Bank of Russia. They are subject to all regulations of the Central Bank, and the relationship between the bank and the client - the rules of civil law. Therefore, working in the FOREX market via a Russian bank, you get a 100 percent guarantee of safety of funds deposited in your account, and are protected by Russian law.
As one of the leading market makers market FOREX (FX), VTB 24 offers you direct access to trading on favorable terms:
a large number of listed currency pairs (at least 23, including the USD / RUB and EUR / RUB);
clock service, 5 days a week (from 03:00 to 00:00 Monday to Saturday, for the Rouble pairs - from 10:00 to 19:00 Moscow time);
a minimum deposit of U.S. $ 2,000 (for the Rouble couples - U.S. $ 10 000) for individuals, U.S. $ 10 000 for legal entities;
Leverage from 1:1 to 1:100;
no commission for the transaction, no fees for opening and maintaining accounts of individuals;
the possibility of concluding deals on live prices;
Spreads from 4 points on the main currency pairs;
interbank market spread from 2 points for transactions in the amount of 500 000 units (in accordance with generally accepted banking practices);
accept all types of market orders (Stop-Loss, Take-Profit, IF DONE, OCO);
Remote management of accounts and withdraw funds from your trading accounts, including credit card;
ability to make transactions using the system Reuters Dealing, online trading system, Online Broker, as well as by telephone;
Free installation and use of OnlineBROKER, including software for encryption;
toll-free number for trading regional clients;
hour technical support;
analytical support and news feeds online;
Dealers and analysts consulted the bank's market;
daily reports on the bank of the transaction.
In transactions on the FOREX market via Online Broker, except the usual password protection, uses a system of cryptographic protection Inter-PRO, developed by "Signal-COM".
Become a client
To get started in the market FOREX (FX), you should enter into a contract to conduct foreign exchange arbitrage and execute the necessary documents. To do this, you can contact the central office in Moscow or at your nearest regional affiliate.
