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Best international online brokers for citizens in Russia

Jan 2019
Our top 2 international broker picks
Interactive Brokers
Saxo Bank
Best international online brokers for citizens in Russia

To find the best international online brokers in Russia, we went ahead and did the research for you. After testing, analyzing and comparing 43 brokers, 5 made it to the top. We highly recommend all 5 to you. And now, without further ado...

The top 5 picks for the best international online brokers of 2019 for citizens in Russia:

  1. Interactive Brokers is the number one international online broker in 2019. Broad product portfolio. Low fees. Great and diverse research tools.
  2. Saxo Bank, place two. Outstanding research. Great trading platform. Broad product portfolio.
  3. Swissquote. Extensive market and product access. High investor protection amount. Digital account opening. Third place.
  4. XTB, numero quatro. Fast deposit and withdrawal. Fast and user-friendly account opening. Good research tools.
  5. TradeStation Global. Low trading fees. Wide range of products. Fast and relevant customer service. Just made it to the list with being number five.
Best international online brokers of 2019 for citizens in Russia
Broker Info Score Best in
#1 Interactive Brokers US discount broker 4.8 Best online broker
#2 Saxo Bank Danish investment bank 4.7 Best trading platform
#3 Swissquote Swiss investment bank 4.5 Best for funds
#4 XTB Global CFD and FX broker 4.5 Best CFD broker
#5 TradeStation Global UK-based global broker 4.5

All 5 brokers are considered safe. They are regulated by top-tier financial regulators.

What makes a good online broker? They need to offer fair fees. It must also be easy to open an account and deposit. They should offer access to a lot of markets and need to have a great platform. Easy to list, but hard to figure it out. We are testing brokers along ~100 criteria with real accounts and real money. We know what's up.

Not sure which broker? For a tailored recommendation, check out the broker finder tool. You can enter your country and it will show only the relevant brokers. Want more details? Compare brokers with this detailed comparison table.

Boring, but important stuff: Some of the brokers portfolio might contain CFD products. CFDs are complex and very risky, thus not suitable for everyone. You can easily lose all of your invested money. If you don't have clue what a CFD is, start with these CFD trading tips

And now, let's see the best international online brokers for Russia in 2019 one by one. Starting with the winner, Interactive Brokers.

#1 Best international online brokers for citizens in Russia
Interactive Brokers

4.8 5 stars

Best online broker

Interactive Brokers logo

Interactive Brokers was founded in 1978 and it is one of the biggest US-based discount brokers. It is regulated by several regulators globally, including top-tier authorities like FCA and SEC. Interactive Brokers Group is listed on the New York Stock Exchange.

Interactive Brokers is considered safe because it has a long track record, is listed on a stock exchange, discloses its financials, and is regulated by top-tier regulators.

Recommended for traders who prefer low fees and a professional trading environment

Pros
  • Broad product portfolio
  • Low fees
  • Great and diverse research tools
Cons
  • Funding and withdrawal only through bank transfer
  • Complicated account opening process
  • Not user-friendly and complicated desktop trading platform

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#1 Interactive Brokers
Fees 4 stars

Interactive Brokers has low trading fees and high non-trading fees. The fees are transparent.
Pros
  • Low trading fees
  • Transparent fee structure
Cons
  • Inactivity fee
Interactive Brokers fees
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Apple benchmark fee $2.2 $20.0 $30.2 $18.1 $3.2
Vodafone benchmark fee $17.9 $15.0 $73.0 $24.4 $2.7
EURUSD benchmark fee $23.0 $58.4 $18.9 $17.1 $23.0

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks, and $20k for FX

More Visit broker

#1 Interactive Brokers
Account opening 3 stars

The account opening process is fully digital, but slow and complicated.
Pros
  • Fully digital account opening
  • No minimum deposit for most accounts
Cons
  • Slow account opening
  • Not user-friendly
  • Confusing messages throughout the process
Interactive Brokers minimum deposit and time to open an account
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Minimum deposit $0 $725 $0 $250 $5,000
Time to open account 1-3 days 1-3 days 1 day 1 day 1-3 days

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#1 Interactive Brokers
Deposit and withdrawal 2 stars

Interactive Brokers offers a lot of base currencies and one withdrawal per month is free. On the negative side, only bank transfer is available.
Pros
  • Several account base currencies
  • No charge for the first withdrawal each month
Cons
  • Credit/Debit card deposit and withdrawal not available
  • Slow funding and withdrawal - over 3 days
Interactive Brokers withdrawal fee and options
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $10 $0 $0

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#1 Interactive Brokers
Markets and products 5 stars

Interactive Brokers allows you access to a very wide range of markets and you can trade with all product types. IB's product range is the widest available.
Interactive Brokers markets and products
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Fund Yes No Yes No Yes
Bond Yes Yes Yes No Yes
Options Yes Yes Yes No Yes
Futures Yes Yes Yes No Yes
CFD Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#1 Interactive Brokers
Web trading platform 4 stars

The Interactive Brokers web platform is simple and easy to use, even for beginners. On the negative side, it is a bit complicated to customize.
Pros
  • User-friendly
  • Clear fee report
  • Two-step (safe) login
Cons
  • Limited customizability (for charts, workspace)
Best international online brokers for citizens in Russia - Interactive Brokers trading platform
Interactive Brokers trading platforms
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Web platform score 4 stars 5 stars 3 stars 4 stars 2 stars
Mobile platform score 4 stars 5 stars 3 stars 4 stars 4 stars
Desktop platform score 3 stars 5 stars - 4 stars 3 stars

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#1 Interactive Brokers
Verdict

IB is one of the biggest discount US brokers regulated by top-tier regulators. If you like low-cost trading and easily navigate on a really complicated platform, Interactive Brokers is for you. We mainly recommend IB for traders.

It has low trading fees, a wide range of product portfolio, and diverse research tools. 

On the flip side, only bank transfer is available for deposit and withdrawal. The account opening and the desktop platform are not user-friendly and complicated.

Interactive Brokers is definitely recommended if you want low fees, a lot of products and you are experienced to cope with a complicated platform.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. IB is listed on stock exchange and regulated by several authorities, like the top-tier FCA and SEC.
Fees score 4 stars
Recommended for Traders who prefer low fees and a professional trading environment

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#2 Best international online brokers for citizens in Russia
Saxo Bank

4.7 5 stars

Best trading platform

Saxo Bank logo

Saxo Bank is a Danish investment bank providing online trading and investments. It is a leading European retail brokerage innovator. Saxo is privately owned, established in 1992, and headquartered in Copenhagen.

Saxo is considered safe as it is regulated worldwide by more than 10 financial regulators, including top-tier regulators, like the UK FCA.

Recommended for investors and traders looking for a great trading platform and solid research

Pros
  • Outstanding research
  • Great trading platform
  • Broad product portfolio
Cons
  • High forex, bond, options, and futures fees
  • Slow account opening
  • Missing live chat

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#2 Saxo Bank
Fees 3 stars

Saxo Bank has average trading and non-trading fees.
Pros
  • No withdrawal fee
  • Transparent fee structure
  • Lower fees for Platinum and VIP clients
Cons
  • Inactivity fee
  • High financing rate
  • High forex, bond, options and futures fees
Saxo Bank fees
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Apple benchmark fee $2.2 $20.0 $30.2 $18.1 $3.2
Vodafone benchmark fee $17.9 $15.0 $73.0 $24.4 $2.7
EURUSD benchmark fee $23.0 $58.4 $18.9 $17.1 $23.0

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks, and $20k for FX

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#2 Saxo Bank
Account opening 3 stars

Account opening is available for residents of almost every country and is fully digital.
Pros
  • Fast account opening
  • Fully digital account opening
  • Available for residents of almost every country
Cons
  • Minimum account balance is higher than $500
  • Sales team pushy
  • Classic accounts available only in a single currency
Saxo Bank minimum deposit and time to open an account
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Minimum deposit $0 $725 $0 $250 $5,000
Time to open account 1-3 days 1-3 days 1 day 1 day 1-3 days

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#2 Saxo Bank
Deposit and withdrawal 5 stars

Saxo provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
Pros
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
Cons
  • Credit/Debit card withdrawal not available
Saxo Bank withdrawal fee and options
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $10 $0 $0

More Visit broker

#2 Saxo Bank
Markets and products 4 stars

At Saxo Bank you can reach many markets and trade with a lot of different products, except for funds.
Saxo Bank markets and products
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Fund Yes No Yes No Yes
Bond Yes Yes Yes No Yes
Options Yes Yes Yes No Yes
Futures Yes Yes Yes No Yes
CFD Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#2 Saxo Bank
Web trading platform 5 stars

Saxo Bank's web trading platform is easy-to-use and well-designed. However, it doesn't provide a two-step login and the customizability is limited.
Pros
  • User-friendly
  • Good search function
  • Looks nice
Cons
  • No two-step (safe) login
  • Limited customizability (for charts, workspace)
Best international online brokers for citizens in Russia - Saxo Bank trading platform
Saxo Bank trading platforms
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Web platform score 4 stars 5 stars 3 stars 4 stars 2 stars
Mobile platform score 4 stars 5 stars 3 stars 4 stars 4 stars
Desktop platform score 3 stars 5 stars - 4 stars 3 stars

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#2 Saxo Bank
Verdict

Saxo Bank is a great broker, providing a complex and good service.

It has the best trading platforms backed by great research. The product portfolio is covering all important international markets and asset classes.

It has some drawbacks though. The fees for forex, bond, options, and futures are high. The account opening can take long and the live chat is missing.

In general, Saxo Bank is one of the best online brokerage companies you can choose. By opening an account, you end up with a broad, well-developed service.

Saxo Bank
Summary Saxo Bank is a Danish investment bank. It is regulated by more than 10 financial authorities, including the top-tier FCA.
Fees score 3 stars
Recommended for Investors and traders looking for a great trading platform and solid research

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#3 Best international online brokers for citizens in Russia
Swissquote

4.5 5 stars

Best for funds

Swissquote logo

Swissquote is a Swiss investment bank, established in 1996. It has two main arms: 

The Swiss arm for stocks, funds, options, and futures

The UK arm for CFDs, and FX

Formally, Swissquote Bank Ltd is based in Switzerland and regulated by FINMA, the Swiss financial regulator. This one offers stocks, funds, bonds, futures and options. The other, Swissquote Ltd is UK based, regulated by the FCA, the UK financial regulator, and offers CFDs and FX.

Swissquote is considered safe because Swissquote Bank Ltd has a banking license, it is listed on the Swiss stock exchange, and discloses detailed financials regularly.  

For clarity, we will call the Switzerland Swissquote for stocks "Swissquote (CH)", and the UK Swissquote for CFDs and FX "SwissquoteForex (UK)".

Recommended for beginners and investors

Pros
  • Extensive market and product access
  • High investor protection amount
  • Digital account opening
Cons
  • High trading fees
  • Overcomplicated trading platform
  • Better part of the research not free

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#3 Swissquote
Fees 2 stars

Swissquote has high trading fees and average non-trading fees. As a plus, there is no inactivity fee.
Pros
  • No inactivity fee
Cons
  • High trading fees
  • Withdrawal fee
Swissquote fees
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Apple benchmark fee $2.2 $20.0 $30.2 $18.1 $3.2
Vodafone benchmark fee $17.9 $15.0 $73.0 $24.4 $2.7
EURUSD benchmark fee $23.0 $58.4 $18.9 $17.1 $23.0

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks, and $20k for FX

More Visit broker

#3 Swissquote
Account opening 5 stars

Swissquote offers a fast, easy, and fully digital account opening. Also, there is no minimum account balance requirement.
Pros
  • Fast account opening
  • Fully digital account opening
  • No minimum account balance
Cons
  • Video identification of documents may not be available for some locations
Swissquote minimum deposit and time to open an account
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Minimum deposit $0 $725 $0 $250 $5,000
Time to open account 1-3 days 1-3 days 1 day 1 day 1-3 days

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#3 Swissquote
Deposit and withdrawal 4 stars

The depsoit is fast and user-friendly. On the flip side, you can only withdraw by bank transfer.
Pros
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card deposit
Cons
  • Credit card withdrawal is not available
  • Withdrawal is not user-friendly
Swissquote withdrawal fee and options
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $10 $0 $0

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#3 Swissquote
Markets and products 4 stars

At Swissquote(CH) you can reach many markets and trade with a lot of different product types. At SwissquoteForex (UK) you can trade only Forex and some CFDs.
Swissquote markets and products
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Fund Yes No Yes No Yes
Bond Yes Yes Yes No Yes
Options Yes Yes Yes No Yes
Futures Yes Yes Yes No Yes
CFD Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#3 Swissquote
Web trading platform 3 stars

The Swissquote (CH) platform has a lot of functions, even too many. It can get complicated. SwissquoteForex (UK)' MetaTrader 4 is a well thought out platform.
Pros
  • Two-step (safe) login
  • Price alerts
  • Available in several languages
Cons
  • Poor search function
  • Limited order types
Best international online brokers for citizens in Russia - Swissquote trading platform
Swissquote trading platforms
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Web platform score 4 stars 5 stars 3 stars 4 stars 2 stars
Mobile platform score 4 stars 5 stars 3 stars 4 stars 4 stars
Desktop platform score 3 stars 5 stars - 4 stars 3 stars

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#3 Swissquote
Verdict

Swissquote has a rock solid background. It is Swiss, it is listed, it is a bank. It has two entities, one in the UK and one in Switzerland. If you open an account at the London-based entity, you can trade with forex and CFDs, while the Swiss entity gives you access to a wide range of asset classes from stocks to options.

Swissquote has an easy and fast account opening. We really liked its market and product coverage. There are lot of stocks, mutual funds, and a lot of different type of products from bonds to cryptos.

However, nothing comes for free. The trading fees are relatively high. 

All in all, Swissquote is a great provider. As there is no minimum deposit requirements and no inactivity fee, feel free to try it out.

Swissquote
Summary Swissquote is Swiss online broker with its own banking background. It is listed on the Swiss exchange and regulated several authorities globally, including the top-tier FCA.
Fees score 2 stars
Recommended for Beginners and investors

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#4 Best international online brokers for citizens in Russia
XTB

4.5 5 stars

Best CFD broker

XTB logo

XTB is primarily a forex and CFD broker, while in some countries you can also trade with stocks. XTB is a global broker with more than ten offices worldwide. In Europe, it serves clients via the UK or a Polish entity. We tested the UK entity but will provide info on all entities.

XTB is listed on the Warsaw Stock Exchange. A listed company is more transparent, as it discloses its financials regularly. XTB is authorized and regulated by different regulators, including the UK FCA.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.

Recommended for forex and cfd traders looking for great funding and withdrawal processes and research tools

Pros
  • Fast deposit and withdrawal
  • Fast and user-friendly account opening
  • Good research tools
Cons
  • Limited product portfolio, mostly CFD and FX
  • Sales team can be pushy
  • No 24/7 customer support

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77% of retail CFD accounts lose money

#4 XTB
Fees 4 stars

XTB has average trading fees and low non-trading fees.
Pros
  • Low non-trading fees
  • No withdrawal fee
  • No inactivity fee
Cons
None
XTB fees
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Apple benchmark fee $2.2 $20.0 $30.2 $18.1 $3.2
Vodafone benchmark fee $17.9 $15.0 $73.0 $24.4 $2.7
EURUSD benchmark fee $23.0 $58.4 $18.9 $17.1 $23.0

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks, and $20k for FX

More Visit broker
77% of retail CFD accounts lose money

#4 XTB
Account opening 5 stars

XTB account opening is hassle-free and straightforward. Your account is ready for trading on the same day. However, the sales team is very pushy.
Pros
  • Fast account opening
  • Fully digital account opening
  • User-friendly
Cons
  • Sales team pushy
XTB minimum deposit and time to open an account
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Minimum deposit $0 $725 $0 $250 $5,000
Time to open account 1-3 days 1-3 days 1 day 1 day 1-3 days

More Visit broker
77% of retail CFD accounts lose money

#4 XTB
Deposit and withdrawal 5 stars

XTB's deposit and withdrawal are cost-friendly, fast, and can be done in several forms. Fees for electronic wallet deposits are quite high.
Pros
  • Credit/Debit card deposit and withdrawal
  • Quick funding and withdrawal -within 3 days
  • User-friendly
Cons
  • High fees for electronic wallet deposits
XTB withdrawal fee and options
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $10 $0 $0

More Visit broker
77% of retail CFD accounts lose money

#4 XTB
Markets and products 2 stars

UK residents, Hungarians and non-Europeans can trade only with CFDs and forex. All other Europeans can also trade with stocks and ETFs.
XTB markets and products
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Fund Yes No Yes No Yes
Bond Yes Yes Yes No Yes
Options Yes Yes Yes No Yes
Futures Yes Yes Yes No Yes
CFD Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

More Visit broker
77% of retail CFD accounts lose money

#4 XTB
Web trading platform 4 stars

XTB's xStation 5 platform is user-friendly, can be customized and has a good search function. On the other hand, we missed the two-step login, the leverage setting option and the more sophisticated order types.
Pros
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
Cons
  • No two-step (safe) login
  • Limited order types
Best international online brokers for citizens in Russia - XTB trading platform
XTB trading platforms
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Web platform score 4 stars 5 stars 3 stars 4 stars 2 stars
Mobile platform score 4 stars 5 stars 3 stars 4 stars 4 stars
Desktop platform score 3 stars 5 stars - 4 stars 3 stars

More Visit broker
77% of retail CFD accounts lose money

#4 XTB
Verdict

XTB is a good broker. It is regulated by more than 10 authorities globally, including the UK FCA, and it is listed on the Warsaw Stock Exchange. 

On the plus side, the deposit and withdrawal process is fast. We liked the seamless and hassle-free account opening. The research tools are easy-to-use.

XTB has some drawbacks though. Its product range is mainly limited to FX and CFDs, but there are stocks trading is also available in some countries. When opening the account the sales team can be pushy. We also missed the 24/7 customer support.

We recommend XTB for clients who prefer forex and CFD trading and are looking for fast account opening, cheap money withdrawal and great research tools. Feel free to test it via the demo account.

XTB
Summary XTB is a global CFD broker, listed on the Warsaw Stock Exchange, regulated by regulators, like FCA and KNF, the polish regulator.
Fees score 4 stars
Recommended for Forex and CFD traders looking for great funding and withdrawal processes and research tools

More Visit broker
77% of retail CFD accounts lose money

#5 Best international online brokers for citizens in Russia
TradeStation Global

4.5 5 stars

TradeStation Global logo

TradeStation is a US broker, and it offers TradeStation Global for non-US clients through its UK subsidiary.

TradeStation Global is practically Interactive Brokers's service, not TradeStation's. You can reach IB's markets almost at IB's fees. You can trade on both IB's and TradeStation's desktop platform. The customer service is by TradeStation. This is like you buy a British Airways flight ticket and then the plane is operated by Delta.

Both Interactive Brokers and TradeStation are very reputable brokers. Both have stock exchange listed parents and are regulated by top-tier regulators.

TradeStation Global is considered safe because it is regulated by the top-tier FCA, the UK regulator.

Recommended for traders looking for low fees and a lot of products

Pros
  • Low trading fees
  • Wide range of products
  • Fast and relevant customer service
Cons
  • Not user-friendly deposit and withdrawal
  • Complicated account opening
  • Under-developed web trading platform

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#5 TradeStation Global
Fees 4 stars

TradeStation Global has low trading fees and high non-trading fees. Its financing rates are very competitive as well. On the other hand, there are withdrawal and inactivity fees.
Pros
  • Low financing rate
Cons
  • Withdrawal fee
  • $10 inactivity fee
TradeStation Global fees
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Apple benchmark fee $2.2 $20.0 $30.2 $18.1 $3.2
Vodafone benchmark fee $17.9 $15.0 $73.0 $24.4 $2.7
EURUSD benchmark fee $23.0 $58.4 $18.9 $17.1 $23.0

All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks, and $20k for FX

More Visit broker

#5 TradeStation Global
Account opening 2 stars

TradeStation Global account open is the same as Interactive Brokers. It is fully digital but slow and complicated. There is also $5,000 minimum required.
Pros
  • Fully digital account opening
  • Dedicated account manager
Cons
  • Not user-friendly
  • Slow account opening, 1-2 days
  • Minimum account balance is $5,000
TradeStation Global minimum deposit and time to open an account
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Minimum deposit $0 $725 $0 $250 $5,000
Time to open account 1-3 days 1-3 days 1 day 1 day 1-3 days

More Visit broker

#5 TradeStation Global
Deposit and withdrawal 2 stars

TradeStation Global deposit and withdrawal is the same as Interactive Brokers. There are many base currencies, and one free withdrawal per month. On the flip side, only bank transfer.
Pros
  • Several account base currencies
  • No charge for the first withdrawal every month.
Cons
  • Credit/Debit card deposit and withdrawal not available
  • Slow funding and withdrawal - over 3 days
TradeStation Global withdrawal fee and options
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $10 $0 $0

More Visit broker

#5 TradeStation Global
Markets and products 5 stars

TradeStation Global has a great product offer. You can reach many markets and trade with all product types.
TradeStation Global markets and products
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Fund Yes No Yes No Yes
Bond Yes Yes Yes No Yes
Options Yes Yes Yes No Yes
Futures Yes Yes Yes No Yes
CFD Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

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#5 TradeStation Global
Web trading platform 2 stars

For trading online, you can use only Interactive Brokers' web trading platform. It is good for execution and has very advanced order management. It is not user-friendly and standard functions are missing or underdeveloped.
Pros
  • Clear fee report
  • Good variety of order types
Cons
  • Not user-friendly
  • Poor search function
  • Difficult to set the alerts
Best international online brokers for citizens in Russia - TradeStation Global trading platform
TradeStation Global trading platforms
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Web platform score 4 stars 5 stars 3 stars 4 stars 2 stars
Mobile platform score 4 stars 5 stars 3 stars 4 stars 4 stars
Desktop platform score 3 stars 5 stars - 4 stars 3 stars

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#5 TradeStation Global
Verdict

TradeStation Global has low trading fees and financing rate, a lot of products on a lot of markets, and a great customer support. The TradeStation Global desktop platform has great tools, like a charting tool with a lot of indicators, a highly customizable watchlist (Radar Screen), and visualized order placing (Matrix).

On the other hand, the deposit and withdrawal are not user-friendly and you can use only bank transfer. The account opening is complicated and there is a $5,000 minimum account balance. Lastly, the web trading platform is under-developed and not user-friendly. 

Feel free to try TradeStation if you prefer low fees and a lot of products. 

TradeStation Global
Summary TradeStation Global is a discount broker for EU clients. It is regulated by the top-tier FCA.
Fees score 4 stars
Recommended for Traders looking for low fees and a lot of products

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Best international online brokers for citizens in Russia
What makes a good online broker

Now you know the top 5. You are probably curious about how we came up with this list. Let's go through a few points quickly. What is an online broker? Why do we think these brokers are safe? What are the most important factors when selecting the best online brokers?

What is an online broker?

Thirty years ago if you wanted to buy a stock, you had to pick up the phone and call your broker, who executed the transaction in return for a commission. Brokers were like in the Wolf of Wall Street movie. They were checking the stocks' prices while holding a telephone and shouting. Everything changed after the internet appeared. Nowadays if you want to buy Apple shares, you open online an account, deposit money, and make the order through the brokers' online platform. These brokers are the online brokers. Online brokers help you buying and selling securities, like stocks. After making your order, the online broker executes it immediately. Everything is online.

Are these brokers safe?

Yes, they are considered safe. You can be sure none of them is a scam. They are regulated by top-tier regulators. Some of them are also listed on an exchange, and some have a banking background.

However, also brokerage companies can go down. Remember Lehman Brothers? In these cases, it is important to know what happens with your securities and cash. These are usually held in segregated accounts, so even in case of a broker bankruptcy, you are safe.

If everything goes very bad and for example, the broker steals your assets, then you have a last resort, the compensation fund of the country where the broker is regulated.

How did Brokerchooser pick the best international online brokers for a citizen in Russia?

At Brokerchooser we test online brokers along ~100 criteria, with a real account and real money. Not to overwhelm you we list the five most important criteria.

The 5 most important criteria for online brokers are:

5 important criteria for the best international online brokers
1. Fees The trading fee of a typical US equity trade can be 50 times higher at one online broker compared to another. Worth to check the fees.
2. Account opening Some online brokers require a minimum to invest, others don't set a minimal first-time deposit. Check out what the best online brokers require.
3. Deposit and withdrawal Transferring money to your account can be 5 times longer and more expensive at one online broker compared to another.
4. Products and markets You want to invest in Amazon and Bitcoin? They might not be available. Check the product coverage before opening an account.
5. Trading platform A user-friendlyAand well-equipped trading platform can significantly increase your trading comfort.

Best international online brokers for citizens in Russia
Bottom line

You saw the details, now let's zoom out. Here are the best international online brokers of 2019 for citizens in Russia:

Best international online brokers for citizens in Russia
Interactive Brokers Saxo Bank Swissquote XTB TradeStation Global
Overall score 4.8 4.7 4.5 4.5 4.5
Award Best online broker Best trading platform Best for funds Best CFD broker
Fees score 4 stars 3 stars 2 stars 4 stars 4 stars
Account opening score 3 stars 3 stars 5 stars 5 stars 2 stars
Deposit and withdrawal score 2 stars 5 stars 4 stars 5 stars 2 stars
Markets and products score 5 stars 4 stars 4 stars 2 stars 5 stars
Web platform score 4 stars 5 stars 3 stars 4 stars 2 stars
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77% of retail CFD accounts lose money
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Interactive Brokers is our winner, the best in 2019. Broad product portfolio. Low fees. Great and diverse research tools.
All brokers are considered safe, and a great choice. Pick the winner, or any runner-up and take the next step in your investment journey. Let us know what you think in the comment section.
Still unsure? Use the broker finder and find the best broker for you.

AUTHOR

Gergely Korpos
Gergely Korpos
Co-founder, CPO
Gergely's aim is to bring more clarity into personal investing. He has 10 years of experience in financial markets with GE Money, KPMG and MOL. He concluded thousands of trades as a commodity trader and financial portfolio manager
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