Alpari, Forex Club, TeleTRADE dominate Russia’s Forex market in 2015
Is Forex Trading Halal explained by professional Forex trading experts the “ForexSQ” FX trading team.
Is Forex Trading Halal or Haram?
About 460,000 investors use the services of Forex brokers in Russia, with cumulative average trading volumes per month around $330 billion, according to the Interfax annual study of the Russian Forex market for 2015.
The total size of deposits reached meager $0.5 billion.
The amount of FX transactions fell 5% from 2014 levels, with the drop attributed to the economic crisis in Russia.
At the same time, the number of clients of Forex brokers in Russia rose 15% from 2014 levels, which underlines the growing interest in this sort of investments.
The leaders from 2014 continued to dominate the Russian Forex market in 2015. Alpari, Forex Club and TeleTRADE have 60% of all FX clients in Russia and accounted for 57% of the overall trading volumes.
Alpari had 137,000 clients in 2015, whereas average monthly volumes amounted to $90 billion.
Forex Club had 80,000 clients in 2015, whereas average monthly volumes amounted to $54 billion.
TeleTRADE had 61,000 clients in 2015, whereas average monthly volumes amounted to $45 billion.
interfax_rating_inside_2015
Is Forex Trading Halal or Haram Conclusion
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