It is difficult to imagine modern trading on the stock exchange without the use of automated systems. Indeed, on this site, thousands of deals are made every minute. There are quite a few trading applications / platforms available for traders in the Russian Federation. Below you can find a description, advantages and disadvantages of the most popular ones.
Rating of the best applications / platforms for trading in Russia – programs for PC, phones for Android and ios
Trading platforms for trading in the Russian Federation differ in functionality and capabilities. Finding the best stock market app for a Russian investor is not an easy process. It is important to take a responsible attitude to the process of choosing an automated system, because not only the quality of market analysis, but also the effectiveness of trading will depend on the functionality of the platform. Below is a list of the best stock investing apps that Russian traders can use.
XM
XM Group is an application that is perfect not only for professionals, but also for beginners. Traders can choose the most suitable account type for themselves: Micro, Standard, XM Zero. It is possible to develop an offer with individual conditions that best meet the needs of customers. To withdraw funds from an XM account, a trader must pass identity verification by indicating citizenship / tax residency, as well as adding a passport screenshot and personal photo.
| Account currency | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR |
| Spread | Micro, Standard – from 1 pip, XM Ultra Low – from 0.6 pips, Shares – market spread |
| Minimum deposit | Micro, Standard – 5 USD / XM Ultra Low – 50 USD / Shares – 10 thousand USD |
| Margin call / Stop out | 50% / 20% |
| Instruments | Stocks / stock indices / precious metals / energies / currencies |
- narrow market spread without “markup”;
- the ability to use more than 1000 trading instruments;
- round-the-clock support (5 days a week).
Pay attention ! XM Group assumes all the commission costs of payment systems, so traders do not have to pay a commission for deposit / withdrawal of funds.
At the same time, the XM application also has weaknesses, which are the lack of passive investing services and a small choice of trading platforms.
MT5 – software for trading in the derivatives and stock markets
MT5 is one of the latest working versions of the MetaTrader platform, which differs from the previous versions in its multi-market nature. The developers have added to the functionality the ability to trade not only on stock markets, but also on derivatives markets. Traders can participate in futures / securities / options trading. In addition, the program is endowed with the ability to:
- simultaneous testing of strategies of several currency pairs;
- additional options for the execution of trade orders;
- two additional options for deferred orders;
- additional working timeframes;
- overlaying TA indicators on the chart on top of each other;
- using a new order book.
The interface is clear, the functionality is wide, which is an indisputable advantage. However, traders found disadvantages while using MT5, namely:
- inability to open an opposite position;
- the impossibility of viewing the open price of each position;
- calculation based on the generalized value of orders for the same instrument.
HotForex
HotForex is a platform that traders can set up to trade Forex and commodities through CFDs. Users get access to unlimited liquidity. Regardless of the profile, users have the ability to choose between spreads / liquidity providers. The strategy is also selected individually. The advantages of the HotForex platform include:
- access to trading accounts without commission;
- competitive spreads;
- the ability to use premium MetaTrader instruments and indicators like AutoChartist.
| Demo account | There is |
| Fixed spread | Absent |
| Instruments | 17 trading instruments and over 150 trading products |
| Minimum deposit | 5 $ |
| Commission for transactions | Absent |
| Deposit, withdrawal options | Credit card, cryptocurrencies, FasaPay, iDeal, Maestro, etc. |
Libertex
Libertex is a popular trading platform among Russian traders looking to save on commissions. The lack of a spread is undoubtedly captivating. This is not to say that you will not have to pay a commission at all. The developer has set the amount of this payment within 0.1% of each transaction. However, such commissions will certainly not bankrupt the investor. CFDs are traded on the Forex / Commodities / Stocks market. Moreover, each transaction is equipped with a leverage that does not go beyond the limits allowed in the EU. Libertex allows you to make money on both a growing and a falling market by concluding CFD deals for sale and purchase. It will take just 3-4 minutes to open an account on the platform. The minimum deposit is $ 100. To replenish your account, you can use a bank card, transfer or transfer of funds from an electronic wallet.
- availability of a wide selection of assets;
- long-term experience in the market;
- provision of quality teaching materials;
- MT4 platform;
- favorable commission.
CFDs with a zero spread can also please. However, not every trader is comfortable with trading exclusively through CFDs.
Note! Each subsequent deposit after the first will have a minimum limit of $ 10.
Fxtm
FXTM is a popular trading application. Using this platform, specialists can trade Forex and CFDs. The company provides its users with a free VPS server. User support is multilingual. Anyone can receive qualified training in the basics of trading. Experts advise novice traders to open a Cent account. It is serviced in cents, which allows beginners to avoid significant financial losses in case of failure. This account type allows you to test your own trading strategies.
- round-the-clock support;
- optimal connection speed;
- the ability to execute orders with a minimum delay;
- no susceptibility of the VPS server to unexpected disconnections.
The developers also made sure that in the event of data loss, users could quickly recover data. Like any other application, FXTM has its drawbacks:
- work of the international branch under the offshore license of Mauritius;
- a small number of trading instruments;
- limited training program;
- lack of professional analytical tools;
- the need to pay in case of inactivity.
The minimum deposit is 10 USD. The commission for an inactive account is 5 USD per month. It is paid only after exactly 6 months have passed since the date of the last transaction.
Note! Scalping on ECN accounts is prohibited.
OCTAFX
OCTAFX is a platform that allows traders to comfortably make money on the financial markets. Users can choose the most suitable type of trading account for themselves. The minimum deposit in a Micro account is $ 5 (Pro – $ 500). High leverage, affordable registration, fast verification, loyal commission fee, the ability to choose a suitable trading account, a wide range of instruments can be attributed to the advantages of OCTAFX.
- high minimum trading volume on Pro accounts with a 1: 200 leverage;
- lack of a Russian-language interface (when making requests, you will have to work hard on translating the text into English);
- lack of a license from Russian regulators, which complicates the resolution of controversial issues;
- limited ways to replenish the account / withdraw funds.
By opening an ECN account, a specialist gets direct access to interbank liquidity using no dealing desk technology. OCTAFX is suitable for both novice users and experienced trading professionals.
What mobile platforms / applications can be used on Android and iPhone to trade stocks
Most applications and platforms for trading in the Russian Federation can be used on Android. These programs include:
- MT5;
- XM;
- HotForex.
Often, traders are interested in whether it is possible to use platforms for trading in the Russian Federation on an iPhone. Today there are many programs that can be installed on the iPhone. The most reliable of them are:
- Libertex;
- FXTM;
- MT5;
- OCTAFX.
