Licensed forex dealers in Russia showed record profitability results in 2020. On April 19 the companies operating on the currency market published their financial reports for the last year. The total annual revenue of all forex dealers exceeded 1 billion rubles.
All of the companies listed below are licensed and regulated by the Central Bank of Russia. This explains the favorability of traders to such forex dealers. So, the top three in terms of financial results for 2020 are:
The cumulative income of the three leading brokers in 2020 was about 527 million rubles, compared with 65 million in 2019. Thus, we can conclude that the pandemic has increased the interest of traders in the foreign exchange market. Now forex dealers need to work hard in order to exceed the achieved result in the next reporting period.