Top Forex brokers in Russia
Find below the list of the russian Forex Brokers regulated by the Russian Central Bank. Brokers receive a license for Forex brokerage in Russia.
| # | Broker | Popularity | Bonus | Min. Deposit |
ECN (min. deposit) | Leverage | 
| 
| 
| 
| Русский | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | | $200 | ≤1:500 | Visit → | ||||||||
| IC Markets is a widely recognized ECN broker, known for its raw spreads and deep liquidity. It is a choice for automated strategies and scalpers due to low latency execution. Key features include no dealing desk intervention and diverse liquidity providers. Suitable for high-volume traders and algorithm developers. | ||||||||||||
| 2 | | $10 | ≤1:1000 | Visit → | ||||||||
| Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities. | ||||||||||||
| 3 | | $30 | $100 | $100 | ≤1:500 | Visit → | ||||||
| Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders. | ||||||||||||
| 4 | | $30 | $5 | ≤1:1000 | Visit → | |||||||
| XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders. | ||||||||||||
| 5 | | n/a | Visit → | |||||||||
| FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards. | ||||||||||||
| 6 | | $50 | $500 | ≤1:500 | Visit → | |||||||
| Vantage is a global multi-asset broker offering ECN infrastructure. It connects traders to deep liquidity for fast execution. Key features include professional tools packages and raw ECN accounts. Suitable for traders seeking speed, reliability, and professional-grade tools. | ||||||||||||
| 7 | | $30 | $500 | ≤1:3000 | Visit → | |||||||
| Alpari is a historic brand in the industry, known for its investment systems and managed account options. It provides access to ECN trading with flexible leverage and liquidity. Key features include a variety of account types to suit different strategies and expertise in emerging markets. Suitable for investors looking for managed accounts and traders seeking flexible conditions. | ||||||||||||
| 8 | | $30 | $1 | ≤1:1000 | Visit → | |||||||
| InstaForex is a major brand known for its community focus and contests. It offers a copy trading system and a wide range of services. Key features include tick trades, accounts for new traders, and flexible leverage. It is a comprehensive ecosystem suitable for traders who enjoy community interaction. | ||||||||||||
| 9 | | $10 | ≤1:1000 | Visit → | ||||||||
| LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction. | ||||||||||||
| 10 | | $100 | $100 | ≤1:200 | Visit → | |||||||
| Fortrade offers a straightforward proprietary platform designed for simplicity. It provides access to a wide range of global CFDs with competitive fixed spreads. Key features include real-time market data and a clutter-free interface. Suited for traders who prefer a simple, streamlined trading experience over complex tools. | ||||||||||||
| 11 | | $50 | $10 | $10 | ≤1:2000 | Visit → | ||||||
| FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility. | ||||||||||||
| 12 | | $1 | $100 | ≤1:500 | Visit → | |||||||
| FXOpen is an ECN pioneer, providing access to institutional liquidity. It offers specialized accounts and deep market depth. Key features include raw spreads, PAMM account technology, and a fair trading environment. Suitable for professional scalpers and institutional-style traders. | ||||||||||||
| 13 | | $100 | $10 | ≤1:1000 | Visit → | |||||||
| ForexChief operates on a STP/DMA model, ensuring direct execution and deep liquidity. It is known for its transparent order flow and negative balance protection. Key features include narrow spreads and a straightforward cost structure. It is a choice for traders looking for a cost-effective trading environment. | ||||||||||||
| 14 | | n/a | ≤1:2000 | Visit → | ||||||||
| HFM is a multi-asset broker with a global presence, offering a unified trading experience. It provides specialized account types and a social trading system. Key highlights include a loyalty program and free liability insurance. Suitable for traders seeking a full-service broker with diverse tools. | ||||||||||||
| 15 | | $10 | $500 | ≤1:500 | Visit → | |||||||
| Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety. | ||||||||||||
| 16 | | 120% | $20 | ≤1:1000 | Visit → | |||||||
| LQDFX is dedicated to a STP/ECN model with no dealing desk intervention, ensuring market execution. It accepts various deposit methods and offers flexible leverage. Key features include segregated accounts and fast execution speeds. Suitable for traders who want a straight-through processing environment. | ||||||||||||
| 17 | | $200 | ≤1:500 | Visit → | ||||||||
| IC Trading utilizes raw pricing connectivity and deep liquidity to deliver tight spreads and rapid trade execution speeds. The infrastructure is engineered for low latency, effectively supporting high-volume and automated approaches across a diverse range of asset classes. This environment is structured to serve participants requiring stable performance and direct market access without dealing desk intervention. | ||||||||||||
| 18 | | $100 | $100 | ≤1:500 | Visit → | |||||||
| FP Markets is an Australian broker offering ECN pricing and DMA access to global equity markets. It connects traders to advanced platforms with raw spreads. Key features include deep liquidity, no dealing desk intervention, and a massive range of tradable assets. Suitable for professional traders and equity investors looking for direct market access. | ||||||||||||
| 19 | | $100 | ≤1:500 | Visit → | ||||||||
| Eightcap is a CFD broker known for its extensive range of derivatives. It provides raw spread accounts and integration with third-party automation tools. Key features include tight spreads, fast execution, and a supportive environment for automated strategies. It is a choice for traders focused on asset variety and automation. | ||||||||||||
| 20 | | $1 | ≤1:1000 | Visit → | ||||||||
| Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis. | ||||||||||||
| 21 | | $1 | ≤1:3000 | Visit → | ||||||||
| FXGlory is a broker that offers flexible leverage and fixed spreads, making cost calculation easy. Key features include free VPS for active traders and zero commission accounts. It is designed for traders who prefer the predictability of fixed spreads. | ||||||||||||
| 22 | | $100 | $100 | ≤1:1000 | Visit → | |||||||
| IronFX is a global broker offering multiple account types to suit every trading style, from floating to fixed spreads. It is known for its live trading competitions. Key features include a massive range of instruments, localized support, and flexible leverage. Suitable for traders who enjoy flexible trading conditions. | ||||||||||||
IC Markets is a widely recognized ECN broker, known for its raw spreads and deep liquidity. It is a choice for automated strategies and scalpers due to low latency execution. Key features include no dealing desk intervention and diverse liquidity providers. Suitable for high-volume traders and algorithm developers.
| Popularity | |
|---|---|
| Min. Deposit | $200 |
| ECN | |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✓
cTrader
✓
MetaTrader 5 | |
Deriv Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN | |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✗
MetaTrader 4
✓
cTrader
✓
MetaTrader 5 | |
tickmill Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders.
| Popularity | |
|---|---|
| Min. Deposit | $100 |
| ECN (min. deposit) | $100 |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $30 → |
XM XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders.
| Popularity | |
|---|---|
| Min. Deposit | $5 |
| ECN | |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $30 → |
FxPro FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards.
| Popularity | |
|---|---|
| ECN | |
| Русский | |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✓
cTrader
✓
MetaTrader 5 | |
Vantage Vantage is a global multi-asset broker offering ECN infrastructure. It connects traders to deep liquidity for fast execution. Key features include professional tools packages and raw ECN accounts. Suitable for traders seeking speed, reliability, and professional-grade tools.
| Popularity | |
|---|---|
| Min. Deposit | $50 |
| ECN (min. deposit) | $500 |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
alpari Alpari is a historic brand in the industry, known for its investment systems and managed account options. It provides access to ECN trading with flexible leverage and liquidity. Key features include a variety of account types to suit different strategies and expertise in emerging markets. Suitable for investors looking for managed accounts and traders seeking flexible conditions.
| Popularity | |
|---|---|
| Min. Deposit | $30 |
| ECN (min. deposit) | $500 |
| Leverage | ≤1:3000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
InstaForex is a major brand known for its community focus and contests. It offers a copy trading system and a wide range of services. Key features include tick trades, accounts for new traders, and flexible leverage. It is a comprehensive ecosystem suitable for traders who enjoy community interaction.
| Popularity | |
|---|---|
| Min. Deposit | $1 |
| ECN | |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $30 → |
LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN | |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
fortrade Fortrade offers a straightforward proprietary platform designed for simplicity. It provides access to a wide range of global CFDs with competitive fixed spreads. Key features include real-time market data and a clutter-free interface. Suited for traders who prefer a simple, streamlined trading experience over complex tools.
| Popularity | |
|---|---|
| Min. Deposit | $100 |
| ECN (min. deposit) | $100 |
| Leverage | ≤1:200 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✗
MetaTrader 5 | |
FreshForex FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN (min. deposit) | $10 |
| Leverage | ≤1:2000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $50 → |
FXOpen FXOpen is an ECN pioneer, providing access to institutional liquidity. It offers specialized accounts and deep market depth. Key features include raw spreads, PAMM account technology, and a fair trading environment. Suitable for professional scalpers and institutional-style traders.
| Popularity | |
|---|---|
| Min. Deposit | $1 |
| ECN (min. deposit) | $100 |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
xChief ForexChief operates on a STP/DMA model, ensuring direct execution and deep liquidity. It is known for its transparent order flow and negative balance protection. Key features include narrow spreads and a straightforward cost structure. It is a choice for traders looking for a cost-effective trading environment.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN | |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $100 → |
HFM HFM is a multi-asset broker with a global presence, offering a unified trading experience. It provides specialized account types and a social trading system. Key highlights include a loyalty program and free liability insurance. Suitable for traders seeking a full-service broker with diverse tools.
| Popularity | |
|---|---|
| ECN | |
| Leverage | ≤1:2000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
GrandCapital Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN (min. deposit) | $500 |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
Plexytrade LQDFX is dedicated to a STP/ECN model with no dealing desk intervention, ensuring market execution. It accepts various deposit methods and offers flexible leverage. Key features include segregated accounts and fast execution speeds. Suitable for traders who want a straight-through processing environment.
| Popularity | |
|---|---|
| Min. Deposit | $20 |
| ECN | |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| Bonus | 120% → |
IC Trading IC Trading utilizes raw pricing connectivity and deep liquidity to deliver tight spreads and rapid trade execution speeds. The infrastructure is engineered for low latency, effectively supporting high-volume and automated approaches across a diverse range of asset classes. This environment is structured to serve participants requiring stable performance and direct market access without dealing desk intervention.
| Popularity | |
|---|---|
| Min. Deposit | $200 |
| ECN | |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✓
cTrader
✓
MetaTrader 5 | |
FP Markets FP Markets is an Australian broker offering ECN pricing and DMA access to global equity markets. It connects traders to advanced platforms with raw spreads. Key features include deep liquidity, no dealing desk intervention, and a massive range of tradable assets. Suitable for professional traders and equity investors looking for direct market access.
| Popularity | |
|---|---|
| Min. Deposit | $100 |
| ECN (min. deposit) | $100 |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
eightcap Eightcap is a CFD broker known for its extensive range of derivatives. It provides raw spread accounts and integration with third-party automation tools. Key features include tight spreads, fast execution, and a supportive environment for automated strategies. It is a choice for traders focused on asset variety and automation.
| Popularity | |
|---|---|
| Min. Deposit | $100 |
| ECN | |
| Leverage | ≤1:500 |
| Русский | |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
admirals Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis.
| Popularity | |
|---|---|
| Min. Deposit | $1 |
| ECN | |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
FxGlory FXGlory is a broker that offers flexible leverage and fixed spreads, making cost calculation easy. Key features include free VPS for active traders and zero commission accounts. It is designed for traders who prefer the predictability of fixed spreads.
| Popularity | |
|---|---|
| Min. Deposit | $1 |
| ECN | |
| Leverage | ≤1:3000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
IronFX IronFX is a global broker offering multiple account types to suit every trading style, from floating to fixed spreads. It is known for its live trading competitions. Key features include a massive range of instruments, localized support, and flexible leverage. Suitable for traders who enjoy flexible trading conditions.
| Popularity | |
|---|---|
| Min. Deposit | $100 |
| ECN (min. deposit) | $100 |
| Leverage | ≤1:1000 |
| Русский | |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✗
MetaTrader 5 | |
Forex trading, or the buying and selling of foreign currencies, is a popular activity in Russia. The country has a rapidly growing economy and is home to a large number of international businesses, making it an attractive market for forex traders.
The Russian Central Bank (CBR) regulates the forex market in Russia through the Federal Financial Markets Service (FFMS). The CBR sets rules and regulations for forex brokers operating in the country, including minimum capital requirements and reporting requirements.
Forex traders in Russia have access to a wide range of currency pairs and can trade using various trading platforms and tools. Many Russian traders prefer to use the popular MetaTrader 4 (MT4) platform, which is widely available among Russian brokers.
Despite the growing popularity of forex trading in Russia, there are some risks involved. The Russian economy is heavily dependent on the price of oil, which can be affected by geopolitical events and market fluctuations. Additionally, the Russian government has been known to implement strict capital controls, which can affect traders and their ability to move money in and out of the country.
Overall, forex trading in Russia is an attractive option for traders with a good understanding of the market and the ability to manage risk. However, traders should be aware of the potential risks and ensure they are using a reputable and regulated broker.
How We Ranked the Best Forex Brokers
To provide you with the most reliable forex brokers list for 2026, we employed a rigorous methodology combining quantitative data and qualitative user experience.
Our ranking system focuses on the metrics that matter most to active traders:
- Consensus of Reviews: We aggregated data from independent tests, expert financial reviews, and user feedback to gauge the reputation of each forex trading company.
- Average Trading Costs: We analyzed the all-in cost, combining spreads and fees. We favored brokers offering tight spreads on major pairs like EUR/USD.
- Execution Speed: We prioritized brokers with fast execution speeds to ensure your orders are filled at the requested price without delay.
- Range of Markets: We looked for access to Forex, Indices, Commodities, and Crypto from a single forex trading account.
This holistic approach ensures that the top 10 forex brokers listed in our table are not just popular, but truly capable of supporting your trading goals.
Which Trading Platform Should You Choose?
A differentiator between top forex brokers is the trading platforms they offer. The best platform depends entirely on your trading style: scalping, algorithmic trading, or chart analysis.
Here is a detailed breakdown of the industry standards: MetaTrader 4, MetaTrader 5, cTrader, and TradingView.
1. MetaTrader 4 (MT4): The Legendary Standard
Despite being released in 2005, MT4 remains a popular forex platform globally.
- Why it reigns supreme: The ecosystem is massive. The vast majority of trading robots (Expert Advisors or EA) and custom indicators were coded specifically for MT4 (MQL4 language).
- Pros: Extremely lightweight, stable, runs on older computers, and is offered by most online forex trading sites.
- Cons: The interface feels dated. Charting capabilities are less intuitive compared to modern standards, making it slightly harder for complete beginners to master initially.
2. MetaTrader 5 (MT5): The Modern Successor
MT5 is the official successor, developed to overcome the architectural limits of MT4.
- The Difference: It is significantly faster and allows for multi-asset trading, not just CFDs. It also features a vastly superior Strategy Tester for backtesting robots.
- Verdict: If you are opening a new forex trading account today and do not rely on legacy MQL4 robots, MT5 is the more future-proof choice.
3. cTrader: The Premium Choice for Manual Traders
Often considered the best platform for scalpers and day traders who execute manually.
- The Experience: Unlike the austerity of MetaTrader, cTrader is sleek, modern, and visually appealing. It is natively designed for ECN brokers (giving you direct access to interbank liquidity).
- Key Features:
- DOM (Depth of Market): See the incoming buy/sell volume liquidity in real-time.
- Advanced Order Management: Features like partial take profit, are one click away, whereas they can be clumsy on MT4.
- Cloud Sync: Your workspaces and templates are saved in the cloud, allowing you to switch between computers seamlessly.
4. TradingView: The Analyst's Favorite
Increasingly, traders are abandoning broker-proprietary software for analysis in favor of TradingView.
- Integration: Some of the best forex brokers in the world now offer direct integration. This means you can trade directly from the TradingView charts without switching tabs.
- Why choose it: It offers the best charting tools, social networking features, and specific Pine Script coding language. It is 100% web-based and incredibly responsive.
Platform Comparison Summary
| Criterion | MetaTrader 4 (MT4) | cTrader | TradingView |
|---|---|---|---|
| Interface | Dated / Austere | Modern / Intuitive | Excellent / Web-based |
| Auto Trading | The King (MQL4) | Very Good (C#) | Limited (Pine Script) |
| Execution | Reliable | Very Fast (Often ECN) | Broker Dependent |
| Scalping | Average (Low ergonomics) | Excellent | Good |
| Installation | Download Required | Software or Web | 100% Web / App |
Account Types: ECN vs. Standard (STP)
When searching for the best brokerage for forex, you will often face a choice between Standard accounts and ECN (Electronic Communication Network) accounts. Understanding this difference is vital for your profitability.
Standard Accounts (Market Maker / STP)
Usually, these accounts have zero commissions but wider spreads. The broker may act as the counterparty to your trade. Best for: Beginners or swing traders who do not want to calculate commissions per lot.
ECN Accounts (Raw Spread)
ECN brokers connect you directly to the real market participants.
- Cost Structure: You get the Raw market spread (often 0.0 pips on EUR/USD) but pay a fixed commission (e.g., $3.50 per lot).
- Best for: Scalpers, high-volume traders, and those using Algorithmic trading.
- Why it matters: ECN accounts generally offer faster execution and no requotes. For the best forex trading experience, we strongly recommend ECN or Raw accounts to ensure transparency.
Understanding Leverage in Forex Trading
Leverage is a tool that allows you to control a large position with a relatively small amount of capital. It is often expressed as a ratio, such as 1:10, 1:100, or even 1:500.
- How it works: With 1:30 leverage, a $1,000 deposit allows you to trade $30,000 worth of currency.
- The Double-Edged Sword: While leverage can magnify your gains, it equally magnifies your losses. It is possible to lose your initial deposit quickly if risk management is ignored.
