3. Government attitude to currency rates market. It’s easy to claim that some country is willing to support the middle class, small and medium enterprises and work out some good laws. Yet, if these laws will not be obeyed the country will be full of fraud companies offering services like “mini forex”, making small investors and newcomers bankrupts. The countries with developed markets normally have well-developed currency market trading chains with strong systems of supervision and control of such organization by federal institutions or legal bodies. It’s just necessary for the government to want to make market clear and legal.

For example, in 2000 the US adopted a law supervising services of providing trade with a trade arm, that was restricting the operations of futures dealers. It enabled to prevent the non-market blasts, breaking stop-losses of thousands traders, quotations manipulating, non-timely orders closing deals and offering afterwards another price and other fraud actions. Some foreign exchange markets dealing companies were entitled by the banks to pay back million dollars compensations to their investors and thousands of small fraud dealing companies closed in several weeks. The western currency forex online trading specialists soon understood that addressing small dealing companies is not worth doing as the financial market is operating so that the investment of less than several millions dollars will not allow you to buy currency for really reasonable price and than sell it for a really great cost. It means that only large forex market trading dealing companies are worth investing in.

Such attitude to the forex trading market is surely preventing the market newcomers from unnecessary losses and therefore encourages many to stay and to trade.

International currency exchange market in Russia and CIS countries has just started it’s development and the development of it’s further growth is evident. Yet, in most cases the market players are left with no help and support from legal bodies and governments. Single traders with their tiny deposits have to be searching for their own niche in this world and take lots of global market risks and local risks. And it seems that if they are just trading in these circumstances, they could be just as successful as their colleagues from the foreign markets if they were given a hand and provided with any support.