May 15, 2016 BY Maria Nikolova

Bank of Russia issues FX licenses to TeleTrade, TrustForex, denies authorization to Profit Broker

Russia's Megaregulator has issued two more Forex dealer licenses – to TeleTrade and TrustForex, following the issuance of such a license to FINAM in December last year. At the same time, the Bank of Russia denied authorization to Profit Broker. The regulator did not provide any details regarding the grounds for its decision. Under the terms…

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