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Broker Sberbank Forex promised waiting for something?
The great and mighty Sberbank a few years ago on its website published information that currency speculators can begin to wait for his arrival on Forex. "Killer" of small companies, major Russian broker, "thunderstorm" all "Forex club"? On one of the forums was hotly debated in the news, but the reaction of many experienced traders was about this: "Oh, please, not on Forex".
On the "nose" of 2015, Sberbank fell silent, apparently in no hurry to undertake this project, and it would be worth it to wait? See why some of the currency speculators so waiting for the arrival of Sberbank in the Forex market.
First, the beginners think that the services of Sberbank will at the highest level and in the framework of the laws. Secondly, this is the interbank level, there will finally honest Forex. Third, this huge financial institution is known to all, it is associated with words such as reliability, stability, Russia.
Now let's look at this issue from a different angle. Not the fact that the company will act in the foreign exchange market, as a legal entity, registered in Russia. Practice shows that banks prefer to open exactly the same offshore companies to serve customers who wish to trade Forex and other brokerage companies (for example, Alfa-Forex).
In the same way do the eminent brokers stock market as BCS or Finam, registering legal entity, for example, in Cyprus, to work with Forex traders.
The next point is whether Sberbank will provide the same quality of services as brokerage companies working on Forex for decades? Why the author of such doubts? Several times I had to Fund a trading account in the broker company through branches of Sberbank, which carried out the international transfer of currency. Such a loss in the eyes of the members of the branch never had not seen.
How to perform international monetary transaction known only to the head of the branch, but it was on the output, and the transfer was only possible in the branch where you opened a foreign currency account. In recent years the situation has changed, apparently, there was a change of approach to the organization of work of branches of the Bank. Now, though, Oschadbank is not associated only with the place where you can pay utility bills.
If you really really want to trade Forex through banks, I recommend to read this article here, which tells about all the "charms" of this trade, as well as several options where you can work through the Bank. Can you believe that difficulties and inconveniences of the different plan will be provided to You.
To consider Bank Forex trading trading on the Forex market, in my opinion, is that if you intend to work quite large sums of money, amounting to hundreds of thousands of dollars. If you plan to use a smaller Deposit, it is possible to effortlessly pick up a serious brokerage company, which has much more experience in the market and the best trading conditions that the division of the Bank, which was tasked to serve the clients of Forex-market.
The author of the article has no purpose to dissuade You from finding a Bank that will fulfill the role of a Forex broker, just try for yourself to articulate why You are looking for a Bank? Believe me, if You first write on a piece of paper the reasons, and then try on each item to understand, is likely to change your mind, unless you are planning to sell in the millions.
Forex Bank in Russia already is the place to be, but to call it competitive, in my opinion, not yet obtained. In addition, large Russian banks are in no hurry to enter the currency market, waiting for the adoption of laws on Forex. It is probably easier to create a division when it is clear "rules of the game" in Russia, but until those rules are written, the mighty Sberbank Forex is not hurry.
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| Category: Forex | Added by: (06.11.2017)
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| Views: 319
| Rating: 0.0/0 |
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