We found 11 online brokers that are appropriate for Trading MOEX Stock Exchange Brokers Investment Platforms.

The MOEX Index, also known as the Moscow Exchange Index, is the main benchmark of the Russian stock market. It reflects the performance of the country’s most liquid and capitalized companies across energy, finance, metals, and industry. While the RTS Index also tracks similar companies but is quoted in US dollars, the MOEX Index is ruble denominated and remains the go to measure for local investors. From my own trading experience, I’ve noticed that many traders use MOEX not only to track Russia’s economic health but also to hedge against currency swings. For example, when sanctions tightened in 2022 and the ruble fluctuated heavily, the MOEX gave me a clearer picture of which sectors were adapting energy companies often held up better compared to banks. More recently, after oil prices rebounded in 2024, I saw how energy heavy stocks in the index helped stabilize the market, even when foreign inflows were limited. This taught me that MOEX isn’t just a number it’s a real reflection of how different parts of the Russian economy react to global and local shocks.
Trading on the Moscow Exchange (MOEX) requires brokers that allow Russian residents to access international markets, deposit in Russian rubles (RUB), and comply with local regulations where applicable. Below is a guide to popular brokers accessible to MOEX traders, highlighting their platforms, account features, and how they cater to the needs of Russian investors.
IC Markets provides Russian traders with access to Forex, commodities, indices, and cryptocurrencies. Accounts can be funded in RUB through international payment methods or brokers offering RUB conversion. The platform supports MT4, MT5, cTrader, and TradingView, offering low latency and fast execution. Features like automated trading, VPS hosting, and tight spreads make it suitable for active traders on MOEX looking to diversify internationally.
Ideal for scalpers and day traders who rely on quick order execution. Regulated by ASIC (Australia) and CySEC (Cyprus), IC Markets ensures a secure trading environment for Russian clients using compliant international channels.
RoboForex offers Russian traders access to MOEX and global markets through accounts in RUB and multiple base currencies. Platforms include MT4, MT5, and a web terminal, allowing seamless trading from desktop and mobile. High leverage, low spreads, and automated trading options like EAs appeal to traders seeking flexibility.
RoboForex also provides copy trading and social trading features. Traders can take advantage of promotional bonuses and educational content to improve strategies while complying with local regulations through international oversight.
eToro offers Russian investors a social trading platform where they can copy trades from experienced investors. While accounts are primarily in USD, RUB deposits are accepted via payment processors, allowing MOEX traders to participate in global markets.
The platform is user friendly and ideal for community driven trading insights. Regulated by CySEC and the FCA, eToro provides safety for Russian clients accessing international equities, commodities, and ETFs.
XTB allows Russian traders to access a wide range of instruments, including stocks, indices, commodities, and ETFs. Accounts can be funded in RUB using local and international payment options. XTB offers advanced charting tools, market analysis, and educational resources for traders at all levels.
Best suited for those who value thorough market research and strategy development. Regulated by FCA and CySEC, XTB ensures a secure and compliant trading environment for Russian clients.
XM provides Russian investors access to Forex, commodities, indices, and CFDs. Accounts can be opened in RUB and include micro, standard, and XM Ultra Low accounts. The broker offers multiple platforms, including MT4 and MT5, with fast execution and robust customer support.
Ideal for traders who prioritize reliable support and diverse trading instruments. Regulated by ASIC, CySEC, and IFSC, XM offers strong oversight for Russian clients trading on MOEX and international markets.
Pepperstone allows Russian traders to trade Forex, commodities, indices, and cryptocurrencies with accounts funded in RUB via payment processors. Platforms include MT4, MT5, and cTrader, providing fast execution, competitive spreads, and access to automated trading tools.
Regulated by FCA and ASIC, Pepperstone is reliable for traders seeking a broad range of instruments and responsive support while maintaining regulatory compliance for Russian clients.
AvaTrade supports Russian investors with Forex, commodities, stocks, and CFDs. Accounts can be funded in RUB and accessed via AvaTradeGo mobile app or AvaSocial for social trading. The broker provides commission free trading, multiple funding options, and automated trading support.
FP Markets offers Russian traders access to global equities, Forex, and CFDs with accounts in RUB via international payment methods. Platforms include MT4, MT5, and web based trading terminals. Competitive spreads, advanced charting, and automated trading features make it suitable for active and professional traders.
The MOEX Index is highly concentrated compared to other global benchmarks. As of 2025, top holdings still include energy leaders Gazprom, Lukoil, Rosneft, and Novatek, which together account for more than one third of the index. Financial giants Sberbank and VTB represent the banking sector, while Norilsk Nickel and Severstal dominate mining and metallurgy. This concentration means that energy and finance often dictate overall market performance.
From my own trading, I’ve noticed that this concentration gives traders opportunities to make directional bets. For example, when oil prices spiked in mid 2023 due to OPEC+ production cuts, Lukoil and Rosneft shares surged, giving short term traders significant gains. On the flip side, when new sanctions were announced against Russian energy exports in late 2024, the same companies dropped sharply. This volatility can be risky for long term investors, but traders looking for quick moves often see it as an opportunity.

Geopolitical risks remain central to investing or trading on MOEX. The events of 2022 triggered unprecedented sanctions, exclusion from MSCI indexes, and restrictions on foreign capital outflows. I personally experienced the impact when Sberbank ADRs I held were delisted in Europe, making them practically worthless. This situation highlighted the risks of relying on global custodians for Russian securities.
The ruble’s volatility is another challenge but also creates trading setups. In 2023, inflation surpassed 7% year on year, forcing the Central Bank of Russia to raise rates above 12%. While this stabilized the ruble temporarily, it also created a wave of speculative currency trades. I remember taking advantage of ruble swings against the dollar in early 2024 when capital controls were tightened again something that would have been nearly impossible in more stable markets like the euro or yen.
Government control also plays a major role. In 2022, Gazprom canceled its dividend, causing a 25% single day stock collapse. I was caught in this downturn and realized how quickly policy decisions could alter investment outcomes. But at the same time, such dramatic moves create high volume trading opportunities. Unlike more liberalized markets, MOEX requires constant monitoring of political and regulatory news something that active traders can actually turn into an advantage.

Investing or trading on MOEX involves choosing the right exposure and finding a suitable broker. Before 2022, foreign investors could access MOEX easily through international brokers. Today, however, many international platforms have blocked direct access, forcing investors to turn to local Russian brokers or specialized intermediaries. In my own case, I shifted from an international broker that froze my assets to a Russian based broker that required a ruble account, which created challenges in currency conversion and withdrawal policies. Still, for short term trades, the ruble account gave me more flexibility in capturing market swings.
Your investment or trading style should guide whether you buy individual MOEX listed stocks or broader index funds. Both options have advantages, but they come with different levels of risk and complexity.
Trading single MOEX stocks allows targeted exposure but requires vigilance. For instance, my investments in Lukoil delivered strong returns during rising oil prices, but when the government raised export taxes in 2023, the stock quickly fell. On another occasion, I traded Norilsk Nickel after reports of rising demand for palladium it surged for a few weeks before profit taking set in. Sberbank shares once gave me steady dividends, but sanctions crushed its value overnight. This level of volatility makes direct stock trading on MOEX suitable only for those ready to follow political and economic developments daily.
Exchange traded funds (ETFs) tracking MOEX are a more diversified choice. The FinEx Russian RTS Equity UCITS ETF was popular until it was suspended after sanctions. Russian listed ETFs still exist, but most are denominated in rubles and harder for foreign investors to access. In my experience, local ETFs gave me more stability than holding energy stocks alone, though management fees reduced my long term returns. Some traders I know still use ETFs as a way to ride broad market sentiment, especially during commodity driven rallies.
Broker selection is critical for MOEX investors and traders today. International brokers like IC Markets, and XTB suspended trading of Russian securities after 2022, leaving many investors locked out of their positions. I personally had to deal with Interactive Brokers’ restrictions, which taught me the importance of reading policy updates carefully.
Local brokers such as BCS Global Markets, Sberbank Brokerage, and VTB Capital continue to provide MOEX access but require ruble accounts and often provide limited support in English. Freedom Finance, which operates both in Russia and internationally, offers partial access with stricter compliance checks. For me, the choice often came down to whether I wanted the convenience of international brokers with restrictions or the full access of local brokers with added operational hurdles. Active traders tend to prefer local brokers because execution speed and ruble liquidity matter more than international convenience.
Compared to Western markets, MOEX offers unique exposure. While the S&P 500 is dominated by technology and innovation driven firms like Apple, Microsoft, and Tesla, MOEX is resource heavy and influenced by commodity cycles. The FTSE 100 in London also has a resource bias, but it offers more international diversification than MOEX. From my perspective, investing in MOEX is less about balanced economic growth and more about betting on the strength of Russia’s energy exports and state led companies. As a trader, I’ve found MOEX more similar to a commodities market than a stock market big swings tied to oil, gas, and metals make it highly tradable if you follow the news.
For non Russian investors, MOEX presents extra hurdles. Currency conversion, sanctions compliance, and limited withdrawal options make it harder to operate. I once struggled to move funds out of a ruble account when my broker limited foreign transfers, which trapped my capital for months. Additionally, restrictions on dividend payments to foreign shareholders reduced the attractiveness of holding certain stocks.
However, for traders willing to accept these risks, MOEX offers unique opportunities that don’t exist elsewhere. For example, in late 2024 when oil jumped after Middle East tensions, Russian energy stocks rallied much faster than their Western counterparts. I was able to capture quick gains by moving into MOEX energy shares a type of short term play that wouldn’t have been as sharp on the S&P 500 or FTSE 100. These operational risks are real, but they coexist with some of the most volatile and therefore tradable moves in global equity markets.

The MOEX Index is still one of the most important ways to gain exposure to Russian equities. It is dominated by energy and financial giants, which means returns often follow global commodity prices and domestic policy decisions. While it provides opportunities for diversification, the risks are higher than in most developed markets. Geopolitical uncertainty, ruble volatility, and state influence create a unique environment that requires constant vigilance.
From my personal experience, investing in MOEX has been both rewarding and frustrating. I enjoyed significant gains when oil prices rose and when certain banking stocks paid generous dividends, but I also endured sudden losses when sanctions or policy changes reversed the trend overnight. I learned that broker choice is just as important as stock selection. International brokers like eToro left me with restricted access, while Russian brokers like BCS Global Markets gave me flexibility but forced me to operate entirely in rubles.
My final verdict is that MOEX is not a market for passive or casual investors. It requires active monitoring, careful broker selection, and the willingness to accept sudden disruptions. For seasoned investors who understand Russia’s economy and can tolerate uncertainty, MOEX offers unique opportunities. For those seeking stability, however, global markets like the S&P 500 or Euro Stoxx 50 may be safer long term options.
We have conducted extensive research and analysis on over multiple data points on MOEX Stock Exchange Brokers to present you with a comprehensive guide that can help you find the most suitable MOEX Stock Exchange Brokers. Below we shortlist what we think are the best MOEX Stock Exchange Brokers Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching MOEX Stock Exchange Brokers.
Selecting a reliable and reputable online MOEX Stock Exchange Brokers Investment Platforms 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 Stock Exchange Brokers Investment Platforms more confidently.
Selecting the right online MOEX Stock Exchange Brokers Investment Platforms 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 Stock Exchange Brokers Investment Platforms trading, it's essential to compare the different options available to you. Our MOEX Stock Exchange Brokers Investment Platforms 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 Stock Exchange Brokers Investment Platforms broker that best suits your needs and preferences for MOEX Stock Exchange Brokers Investment Platforms. Our MOEX Stock Exchange Brokers Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top MOEX Stock Exchange Brokers Investment Platforms.
Compare MOEX Stock Exchange Brokers Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a MOEX Stock Exchange Brokers Investment Platforms broker, it's crucial to compare several factors to choose the right one for your MOEX Stock Exchange Brokers Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are MOEX Stock Exchange Brokers Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more MOEX Stock Exchange Brokers Investment Platforms that accept MOEX Stock Exchange Brokers Investment Platforms clients.
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IC Markets
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Roboforex
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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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EasyMarkets
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SpreadEx
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FXPro
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| Regulation | International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd | RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund | 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, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France | FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority) | Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, 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) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) | 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) (SD 130) | Easy Forex Trading Ltd is regulated by CySEC (License Number 079/07). Easy Forex Trading Ltd is the only entity that onboards EU clients, easyMarkets Pty Ltd is regulated by ASIC (AFS License No. 246566), EF Worldwide Ltd in Seychelles is regulated by FSA (License Number SD056), EF Worldwide Ltd in the British Virgin Islands is regulated by FSC (License Number SIBA/L/20/1135) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 | 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) |
| Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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| Used By | 200,000+ | 730,000+ | 40,000,000+ | 2,000,000+ | 15,000,000+ | 830,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 11,200,000+ |
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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 | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | 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) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | 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) |
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| Learn More |
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Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 46% of retail investor accounts lose money when trading CFDs with this provider. | 70% - 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. 74.48% 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. | 72-95 % of retail investor accounts lose money when trading CFDs | 57% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 62% of retail CFD accounts lose money | 74% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | 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, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare MOEX Stock Exchange Brokers Investment Platforms 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 Stock Exchange Brokers Investment Platforms for 2026 article further below. You can see it now by clicking here
We have listed top MOEX Stock Exchange Brokers Investment Platforms 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. 46% 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.
Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here.
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.
Losses can exceed deposits