Do not invest more money than you can afford to lose.
Alpari, an international forex broker with a significant presence in Russia, said it is moving its Russian-language site with the domain .ru, to a new section on its .com site – com/ru.
According to the official statement, the main reason for the move is to have all language versions of the site under one domain, but, the Russian-language site Forex Magnates claims the migration was caused by the recent closure of the .ru site of another major forex broker – TeleTrade. We remind you that last week Russia’s c-bank has blocked the access to teletrade.ru, accusing it of being a phishing site. Perhaps Alpari fears a similar fate could befall its .ru site.
In all fairness, though, it is worth noting that the official site of the Russian branch of TeleTrade is teletrade-group.ru, while teletrade.ru was subjected to a hacker attack and was not working for days before it was actually shut down.
Much like TeleTrade, Alpari also holds a forex broker license from the Bank of Russia, but this does not appear to guarantee smooth operations and no problems. In addition to the forex broker license, Alpari’s subsidiary Alpari Gold has a license from Russia’s Finance Ministry and Alpari Broker has a license for stock market services.