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Forex brokers in belarus

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forex brokers in belarus

We have just sent you an Email with your account confirmation link and another Email for newsletter subscription confirmation, in case you chose the option Please note: it might take a few minutes brokers the Email to land in your inbox. If you still cannot find it, search your spam, try and resend it or contact our team. On March 7,a new regulation on forex operations in Belarus has come into force. Understandably, this confusion will extend until the forex players come to grips with the brokers set to control foreign exchange companies in Belarus. The second step brokers to undergo an assessment of their trading platform in the National Forex Center, an institution established by belarus Council of Ministers together with the central bank. Other specific requirements for brokers companies include the obligation to incorporate a local entity to obtain a licence from the central bank. Since the adoption of the forex legislation in Belarus, only six brokers and one forex the brokers banks have been included in the register of forex companies by the National Bank of the Republic of Belarus. Funds are transferred to the National Forex Center and allocated on deposit in a local bank Risk management and risk capital Yes Regulation has belarus strict risk management requirements which implies that the maximum size of own, not overlapped total position for each instrument may not exceed the amount of equity capital of the dealer. In fact, if the dealer does not have large equity capital, then almost all client positions should be hedged on an external counterparty. At the same time, regulation is quite flexible belarus choosing of counterparties and permits transactions with foreign companies Trading conditions Max. Let Us Know Found a mistake? Brokers me forex followup comments via e-mail. You can also subscribe without commenting Finance Forex is a global B2B provider of multi-asset trading news, research and events with special focus on electronic trading, banking, and investing. For more information, read our terms and conditions You are using an outdated browser. Please upgrade your browser to improve your experience About Twitter Newsletter English My Area Remember Me Forgot password? Be it a typo or a factual error - we do our best but we are also human! Forex are transferred to belarus National Forex Center belarus allocated on deposit in a local bank. Belarus has fairly strict risk management requirements which implies that the maximum size of own, not overlapped total position for each instrument may not exceed the amount of equity capital of the dealer. At the same time, regulation is quite flexible in choosing of counterparties and permits transactions with foreign companies. Forex company may hedge transactions, in amount not exceeding 5 percent of the amount of client funds, in any foreign company which equity capital amounts to at least 5 million euros, as well as in forex company in any amount, but forex its own expense Prohibition of guaranteed income promises, mandatory risks warning, prohibition on belarus of information that is not evidenced documentary, etc. Higher legal or economic education, no criminal record unservedabsence of facts of initiation of criminal proceedings, as well as dismissal due to loss of confidence Higher legal or economic education, no brokers record unservedabsence of facts of initiation of criminal proceedings, as well as dismissal due to loss of confidence. forex brokers in belarus

Forex trading websites online Foreign exchange trading account forex brokers

Forex trading websites online Foreign exchange trading account forex brokers

5 thoughts on “Forex brokers in belarus”

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