We found 11 online brokers that are appropriate for Trading Russian Ruble Investment Platforms.
In the context of post-pandemic economic recovery, some factors can potentially contribute to weakening the Russian Ruble. Multiple contributing factors show signs of the fundamental weakness of the currency. It's simply because the Russian economy responds to global factors and development differently than emerging markets. Some factors mentioned below may play a crucial role in determining the weakness and strength of the Russian Ruble.
The primary factor that influences the Ruble value is, of course, the Russian macroeconomics. The country has been experiencing inflation rises since Q4 2020 while emerging economies like Turkey and Brazil experienced a decrease in inflation in the same period. The considerably slow recovery pace in the pandemic situation has grown the risks of prevailing disinflationary risks for Russia. These are translated to signs of the weak Russian Ruble.
In Q2 2021, the Russian Ruble was sharply weakened against the United States Dollar(USD) for weeks for obvious reasons. The country's relationship with the West was in high tension at that time. It's worsened by the most recent waves of sanctions on Russia led by the United States. These factors have successfully halted the Ruble appreciation and put more depreciation pressure on the currency instead. On the other hand, Russia's fiscal policies have drawn a not-so-positive outlook in the Forex market.
The RUB-USD exchange rate isn't too sensitive to the oil price, but it's finally becoming another weakening factor due to the slow pace of recovery. There's no significant depreciation on the Ruble against the Dollar even though the oil prices fluctuated throughout the pandemic. The RUB/USD exchange threshold is around 75 Ruble per Dollar, but the first hit of the pandemic collapsed the oil prices that weakened the Russian Ruble to nearly 80 per Dollar back in Q1 2020. The Ruble finally got appreciated after oil prices experienced rises and stabilisation. Generally speaking, the Ruble would weaken as the oil price collapses.
As the COVID-19 is the context, how fast Russia can recover from the pandemic has also become an inevitable indicator of the Ruble performance. Gross Domestic Product(GDP) is one of the foremost figures to consider in this sector. Russia is generally applying a slower pace of post-pandemic recovery than other emerging economies around the world. GDP is the basic figure to see the progress of post-pandemic recovery in Russia.
In 2020 itself, Russia experienced falls in its GDP by around three per cent while emerging economy countries are likely to have better performance. There are complicated factors that led Russia's GDP into that same condition. The service sector was reported to significantly decline as this sector was badly hit by the pandemic and not receiving structured recovery yet.
Another factor is a more classical reason. For a long time, Russia has had less complex supply chains internationally than any other major economies. While other countries can improve their GDP with increased exports following normalisation, Russia has more limited performance in this sector. In general, Russia shares some limitations in post-pandemic growth with European, US, and emerging markets.
At this point, we can see two major prominent factors contributing to the weak or strong Russian Ruble: oil price and economic recovery. In the context of a pandemic, which one is more dominant? The USD/RUB exchange rate movement would likely follow the pace of economic recovery worldwide.
The oil prices have caught up to the pre-crisis level, and we can expect further growth in the future for sure. The price has reached $64 while Russia's oil BEP is around $43, so the country has already made significant revenues from the profits that would generally support the Ruble. In the non-pandemic situation, the oil price normalisation could have already provided enough support, but it's not for this context.
Economic recovery would likely play a more dominant role in driving the USD/RUB exchange rate than the oil prices. Additional oil revenues from the recent oil price rises aren't adequate to support the Ruble against the greenback. Analysts would consider them signs of a fundamental downtrend of the Russian Ruble.
Even though the Ruble isn't as successful as other currencies to gain from US-China tensions, the broad weakness of the USD is undoubtedly something for Russia. The Ruble will likely strengthen if the USD sustains the broad weakness that pushes up a group of currencies. However, as previously mentioned, the less complex supply chains in international trade decrease Russian currency to exploit the potential and actual weakness of the USD. On the other hand, the rapid recovery in global trade could be the halting factor as well.
We've collected thousands of datapoints and written a guide to help you find the best Weak Russian Ruble for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best Russian Ruble Investment Platforms below.
There are a number of important factors to consider when picking an online Russian Ruble Investment Platforms trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Russian Ruble Investment Platforms.
Compare Russian Ruble Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Russian Ruble Investment Platforms. Learn more about what they offer below.
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IC Markets
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eToro
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Roboforex
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AvaTrade
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XM
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XTB
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Pepperstone
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FP Markets
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Trading212
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Plus500
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EasyMarkets
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) |
Min Deposit | 200 | 10 | 1 | 100 | 5 | No minimum deposit | 200 | 100 | 1 | 100 | 100 |
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Used By | 180,000+ | 27,000,000+ | 10,000+ | 300,000+ | 3,500,000+ | 250,000+ | 89,000+ | 10,000+ | 15,000,000+ | 15,500+ | 142,500+ |
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Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | 78% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% 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. | 74% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Your capital is at risk |
Demo |
IC Markets Demo |
eToro Demo |
Roboforex Demo |
AvaTrade Demo |
XM Demo |
XTB Demo |
Pepperstone Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
easyMarkets Demo |
Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | US, JP | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, IL, KR, IR, MM, CU, SD, SY | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | US, JP, NZ | US, CA | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | 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 |
You can compare Russian Ruble 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.
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We have listed top Russian Ruble Investment Platforms below.
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