Exclusive: eToro Stops Offering FX Trading in Russia

[kreslik.news]

eToro is suspending its foreign exchange offering in Russia, Finance Magnates can confirm. The company sent out an official email to its Russian clients, informing them of the upcoming changes. The company will cease offering FX trading starting from tomorrow, the 13th of September.

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The changes are a consequence of the official implementation of a new regulatory framework for the provision of rolling spot FX in Russia. After years of deliberations, Russian authorities have mandated the licensing of companies that are willing ... (read more)