A reliable and popular international broker from the USA. Perfect for advanced and active traders using various complexity instruments for trading on foreign markets.
It has direct access to most foreign exchanges, so for Russian investors the final commission is less than that of Russian brokers - on average $1 per share. It is profitable to open a brokerage account from $10,000.
1. Pros and Cons
Pros
+ The best commission among US brokers+ Free withdrawal of funds once a month+ The broker is not accountable to the Central Bank of the Russian Federation+ Access to all major world exchanges and a huge number of trading and investment instruments+ Multifunctional trading terminal on WEB and mobile platforms+ In fact, the only full-fledged US broker for clients from the Russian Federation+ The account is insured by American regulators and insurers
Cons
- Risks of blocking accounts due to requirements of American regulators- Minimum deposit 2000$- Minimum recommended deposit for competitive rates from10000 $- Difficult to understand trading terminal interface- It is difficult for beginners to calculate all additional fees- Submitting tax reports independently- Restrictions for citizens of those countries that are subject to EU and US sanctions
2. Rating
Reliability
5.0
Commissions
5.0
Customer Support
5.0
Software and services
4.0
Markets
5.0
Final assessment
5.0
Founded in 1978, a popular discount broker for trading on foreign markets outside the US. Favorable commissions from $0.0035, Accounts are insured by American regulators and insurers, Russian-language support 24/7. Not easy to understand, but a practical trading terminal with useful functions. Access to all major markets in these exchanges.
3. Commissions and Tariffs
* We update the information, but commissions and tariffs may change, check the current information on the broker's website