European Forex brokers are among the most reliable companies providing transparent trading conditions. In recent years, Russia and the CIS Forex trading is gaining momentum, resulting in new brokers in the Russian market. This includes opening new Offices and the Representation of the European brokers. If earlier for trading on European markets proficiency in English was a prerequisite for a successful trade, but now you can find many European brokers that carry Russian language support.
What are the advantages of European brokers to Russian dealing centers? First, in Europe at the opening of a brokerage company impose strict requirements to have a license, without which there can be activities of a broker. Secondly, European brokers offer low spreads and commissions to trade futures and currency pairs. Third, the brokers of the EU countries have excellent liquidity of the market, as well as complete visibility of information. Finally, the brokers offer the best conditions for scalping.
The disadvantages of European brokers include increased requirements to the minimum amount of deposit, as well as the need to verify your identity. Therefore, to open accounts in such companies only recommended for those who are already familiar with the Forex market, and it has the necessary amount of money to start trading.