We found 11 online brokers that are appropriate for Trading Moex.
After the collapse of the Soviet Union in 1991, Russia started rebuilding its financial system. Despite ongoing international sanctions in recent years, the country has made significant progress. The Moscow Exchange'commonly known as MOEX'was officially formed in 2011 after merging two major platforms: the MICEX (Moscow Interbank Currency Exchange) and the RTS (Russian Trading System). This merger created a centralized hub for trading stocks, bonds, currencies, commodities, and derivatives in Russia.
Today, MOEX is ranked among the top 25 exchanges in the world by market capitalization, making it an essential part of Russia's financial landscape.
Looking to trade on the Moscow Exchange (MOEX)? We've rounded up the best brokers that offer reliable access to MOEX markets, combining robust platforms, regulatory protection, and tools to enhance your trading experience.
RoboForex doesn't offer direct trading on the Moscow Exchange (MOEX), but it provides CFDs on Russian stocks and indices, allowing traders to gain exposure to MOEX-related instruments. The broker stands out with its tight spreads starting from zero pips and generous leverage options. RoboForex supports MT4 and MT5 platforms, making it suitable for both manual and automated strategies. Regulated by the IFSC in Belize, it offers a secure environment for traders interested in diversified portfolios across crypto and Russian market assets.
eToro provides exposure to MOEX-related instruments through CFDs and ETFs but does not offer direct MOEX trading. Known for its popular CopyTrading feature, eToro lets users replicate trades from top investors. Its simple interface, coupled with access to a wide array of global markets and cryptocurrencies, makes it attractive for beginners and experienced traders alike. Regulated by CySEC, FCA, and ASIC, eToro ensures a safe and transparent trading environment for those seeking indirect access to Russian equities.
IC Markets offers CFDs on global indices and select Russian market assets that provide indirect exposure to MOEX-listed companies. Traders benefit from extremely tight spreads and ultra-fast execution through MT4, MT5, and cTrader. While it doesn't offer official MOEX trading, IC Markets is a solid choice for those using technical strategies like scalping or automated trading. It's regulated by ASIC and CySEC, adding to its appeal for serious traders.
XTB allows indirect trading on MOEX assets via CFDs on Russian indices or ETFs. It excels in market research and educational content, making it ideal for both new and seasoned traders. The xStation platform is highly intuitive and includes rich analytical tools. XTB is regulated by CySEC and the FCA, offering a secure and compliant environment for those interested in MOEX-linked investment strategies and cryptocurrency markets.
XM provides CFD trading on a wide range of instruments, including indices that track MOEX performance. Although it doesn't support direct access to the Moscow Exchange, its focus on tight spreads, flexible account options, and multilingual support makes it a favorite among international traders. Regulated by ASIC, CySEC, and IFSC, XM is a dependable platform for diversified trading across crypto and MOEX-related assets.
Pepperstone doesn't provide direct access to MOEX but supports CFD trading on Russian equities and indices where available. The broker is highly regarded for its execution speed, advanced trading platforms, and low-latency trading infrastructure. With regulation from top-tier authorities like the FCA and ASIC, Pepperstone delivers a trusted solution for traders who want to diversify into Russian and global markets without needing a Russian trading license.
Note: Due to international sanctions and evolving regulations, direct access to MOEX from outside Russia is limited. These brokers offer indirect exposure through CFDs or ETFs based on Russian market assets. Always confirm instrument availability with each broker before opening an account.
There are two major indices tracked on the Moscow Exchange: the MOEX Russia Index and the RTS Index. Both include the same set of leading Russian stocks;but here's the key difference: the MOEX Russia Index is priced in rubles, while the RTS Index is calculated in US dollars.
These are capitalization-weighted indices, which means they reflect the total market value of the top publicly traded companies in Russia;especially those that are most liquid and have strong growth potential.
The ruble remains the dominant currency on the MOEX foreign exchange market. The most popular trading pairs include USD/RUB, EUR/RUB, and increasingly CNY/RUB. You can find the latest trading volumes and FX data directly on the official MOEX website.
The Central Bank of Russia (CBR) is the main regulator for MOEX brokers and all Forex activities within the country. Since 2013, the CBR has been in charge of making sure brokers follow strict rules to protect traders and maintain market stability.
MOEX brokers must meet transparency, anti-fraud, and anti-money laundering (AML) standards set by the CBR. In recent years, tighter rules have been introduced to prevent market manipulation and improve oversight. New reporting systems and surveillance tools now help regulators track suspicious activity more effectively.
All legitimate Forex brokers operating on MOEX must be members of the Association of Forex Dealers (AFD), a self-regulatory organization overseen by the CBR. The AFD ensures brokers follow best practices, especially when it comes to leverage limits and client protection.
Some additional non-governmental bodies, like the FMRRC (Financial Market Relations Regulation Center) and CROFR (Center for Regulation of Financial Market Relations), also offer certification. However, keep in mind that these are not recognized by the CBR, and brokers regulated only by these bodies should be approached with caution.
MOEX brokers serve both local traders and, in some cases, international clients (depending on sanctions and local regulations). They offer everything from basic accounts to advanced trading tools, market research, and margin trading support. If you're thinking about trading on MOEX, it's crucial to work only with licensed brokers regulated by the CBR.
Example: A Moscow-based investor uses a CBR?licensed broker's mobile app to trade Gazprom shares on margin, accessing real?time research and executing orders within seconds.
Despite the challenges, Russia offers some interesting investment opportunities; especially through the MOEX platform.
According to the IMF, Russia is ranked 11th globally by GDP and 6th by Purchasing Power Parity (PPP). Among BRICS countries, it stands out for its relatively high GDP per capita and strong industrial base.
Example: Investing in Norilsk Nickel on MOEX gives exposure to one of the world's top nickel producers, capitalizing on global metal demand.
Russia has a young, educated population and solid logistics networks. Its deep trade ties with Commonwealth of Independent States (CIS) countries also create a strong foundation for regional commerce and supply chain growth.
Example: A St. Petersburg IT firm lists on MOEX to raise capital, leveraging its CIS partnerships to expand into Kazakhstan and Belarus.
While MOEX offers potential, it's not without hurdles:
Ongoing sanctions from the EU, US, and other countries have limited Russia's access to global markets, affecting foreign investments and trade. These restrictions have made cross-border transactions more difficult and reduced liquidity in some segments of the MOEX market.
Example: A European fund reduces its position in MOEX-listed Lukoil due to restrictions, causing a temporary drop in trading volume.
Russia scores low in global rankings for cross-border trade, minority investor protection, and tax complexity. These issues can be a deterrent for international traders or businesses looking to enter the Russian market via MOEX.
Example: An Australian pension fund delays opening a MOEX account after encountering lengthy KYC and tax compliance procedures.
If you're planning to trade on MOEX, using smart technical analysis tools can give you an edge:
Volume Profile: Shows where the highest trading volumes occurred, helping identify key support and resistance zones on MOEX charts.
Example: A trader spots heavy volume around 7,500?RUB on the RTS Index and sets buy orders just above this level.
MACD (Moving Average Convergence Divergence): Highlights changes in momentum. A bullish crossover suggests potential upward movement; a bearish one hints at a decline.
Example: A bullish MACD crossover on Sberbank's hourly chart signals a 2% gain opportunity over the next session.
Ichimoku Cloud: A powerful tool that gives a full picture of support, resistance, and trend direction on MOEX securities.
Example: Price moving above the Ichimoku cloud on Tatneft shares prompts a breakout trade with tight stops.
Stochastic Oscillator: Helps spot overbought or oversold conditions. Great for timing reversals on MOEX-listed stocks or indices.
Example: A reading above 80 on the Stochastic for the MICEX Index alerts a trader to take profits on a long position.
ATR (Average True Range): Measures market volatility. Traders can use it to set smart stop-loss levels and manage risk.
Example: Setting a 1.5' ATR stop-loss on Gazprom improves risk control during volatile sessions.
As Russia continues to evolve its regulatory system, MOEX brokers must stay agile. Recent changes include tougher AML laws and increased disclosure requirements. These updates aim to make MOEX more secure and attractive for investors.
Example: A broker updates its platform to include mandatory source-of-funds checks before large trades, complying with new AML rules.
International sanctions have forced the Russian government and MOEX to adapt. This includes tighter capital controls, the rise of ruble-based settlements, and the expansion of domestic trading infrastructure. While these changes help stabilize local markets, they also limit foreign access.
Example: Introduction of ruble-only settlement for key indices reduces currency exposure for domestic traders.
In 2022, Sberbank'Russia's largest bank'faced heavy sanctions and was cut off from SWIFT. This led to increased scrutiny of financial institutions on MOEX and highlighted the importance of compliance, transparency, and risk management in volatile environments.
Example: Sberbank's MOEX-listed bonds saw a spike in yields as international buyers exited amid sanctions news.
In response to growing challenges, the CBR has rolled out new tech initiatives'improving digital platforms, simplifying onboarding for retail traders, and expanding support for sanctioned entities. These moves aim to keep MOEX functional and liquid despite external pressures.
Example: Launch of a streamlined digital onboarding portal reduces account opening time from days to under an hour for retail clients.
MOEX brokers operate under some of the strictest financial regulations in Russia, providing a solid level of market integrity and investor protection. That said, international investors should approach with caution, given the geopolitical risks and regulatory barriers.
If you're already based in Russia;or working through a locally licensed broker;MOEX can offer unique opportunities, particularly in energy, metals, and large-cap sectors. For foreign traders, the situation remains complicated, but should sanctions ease in the future, MOEX may become a much more accessible and attractive market.
We have conducted extensive research and analysis on over multiple data points on Moex Brokers to present you with a comprehensive guide that can help you find the most suitable Moex Brokers. Below we shortlist what we think are the best moex brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Moex Brokers.
Selecting a reliable and reputable online Moex trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Moex more confidently.
Selecting the right online Moex trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for moex trading, it's essential to compare the different options available to you. Our moex brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a moex broker that best suits your needs and preferences for moex. Our moex broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Moex Brokers.
Compare moex brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a moex broker, it's crucial to compare several factors to choose the right one for your moex needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are moex brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more moex brokers that accept moex clients.
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IC Markets
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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SpreadEx
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FXPro
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Admiral
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FXPrimus
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) |
Min Deposit | 200 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | No minimum deposit | 100 | 1 | 15 |
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Used By | 200,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 60,000+ | 7,800,000+ | 30,000+ | 300,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) |
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Learn More |
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Risk Warning | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits |
Demo |
IC Markets Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
FXPrimus Demo |
Excluded Countries | US, IR, CA, NZ, JP | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, TR | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. |
You can compare Moex Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Moex Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Moex brokers below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.