Abstract:According to the news of VESTNIK in Russia, unexpectedly, Russian Central Bank (RCB) claimed to cancel the regulatory licenses of two forex brokers, Alpari and Forex Club, for they violated the related rules.

According to the news of VESTNIK in Russia, unexpectedly, Russian Central Bank (RCB) claimed to cancel the regulatory licenses of two forex brokers, Alpari and Forex Club, for they violated the related rules.

Screenshot of the information of Alpari from RCB official website

Screenshot of the information of Forex Club from RCB official website
It is reported that the regulatory licenses of the two brokers will expire on January 27th 2019, and at that time they must stop all the transactions in Russia and return money to the customers.
Upon the news, WikiFX updated the regulatory information of the two brokers. Thus, it is advised that investors should be alert to risks.

Screenshot of Alpari interface from WikiFX

Screenshot of Forex Club interface from RC
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