Binary Options Russia

Binary Options Russia

Binary Options Russia

Russia is another one of the fastest growing markets for binary options customers.  Where there were once just a few binary brokers who offered their services and sites in Russian, there is a large push on at the moment with the brokers and breaking into the Russian market segment.  Though still uncommon, many binary sites now offer Russian translated as well as employing customer support staff capable of servicing Russian customers.  The number of brokers gearing up for Russian customers continues to rise as well.  You can often tell where the next big chunk of marketing dollars  from the industry are being spent as a whole by periodically checking the scroll-down language bars on the various broker sites.  If a big name like Banc de Binary adds a language to the list, you can expect a number of the other brokers to follow suit and start their own site translation and marketing activities.  If you’re looking for a binary broker fully focused on catering to Russian traders, take a look at Dragon Options.

Binary Options Russia – The Brokers

Despite being a burgeoning market, many of the brokers we’ve reviewed do not offer their services currently in Russian.  Contacting a few of the ones that don’t, we were told by all three that they are currently integrating the language to their site and making staffing changes to offer Russian support.  On our broker review list, currently the only brokers offering their services and support in Russian are Dragon Options and iOption.  Both offer the site platform and 24/7 chat service in Russian along with special bonuses geared specifically at Russian traders.

Binary Options Russia – The Assets

While the Russian interest grows in binary options and the binary brokers able to accommodate these customers slowly catches up, the story on the asset side is similar.  The brokers that do offer the trading platform in Russian have minimal Russian assets.  The couple we were able to find include:

• Gazprom
• MICEX 10 (Moscow Interbank Exchange)
• Lukoil
• Sberbank
• USD/RUB  Currency Pair

While the list is small currently, we would expect the number of offerings to grow as the binary brokers begin to penetrate further into the Russian market.  A more diverse list of assets will be needed to bring in customers and because of this, we expect this list to slowly rise as the number of binary options brokers catering to Russia increases.

Another good broker who has dedicated a large portion of their advertising dollars towards Russian traders is iOption.  They also employ a dedicated Binary Options Russia support staff who are available 24/7 to assist Russian customers.  iOption has also been for a number of years and is considered by many to be one of the pioneering brokers.  They have a very well laid out site, offer a lot of free information and resources for new traders and have had their platform professionally translated into Russian.  While Dragon Options would be our pick solely based on their amazing customer support team, iOption is way up there on the list as well when it comes to Binary Options in Russia.But Ioption has closed now 2013


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