Official website Open account






  • Seminars and training
  • Daily analyst
  • Low initial deposit
  • Trust management
  • Telephone trading
  • Affiliate program
  • Wide selection of trading instruments


  • a good broker for trading in the stock market


  • trading conditions for beginners


Overview of Otkritie Broker

Otkritie Broker, a prominent Russian bank, specializes in providing brokerage services in the stock market for private clients. It’s part of the larger Otkritie financial group, which boasts a high credit rating of “AAA” and operates 22 branches across Russia. Otkritie Broker is fully licensed for broker, dealer, and depositary activities, offering a comprehensive suite of services to its clients.

Services Offered by Otkritie Broker

  1. Currency Trading: Access to MICEX for currency trading.
  2. Futures and Options Trading: Engage in trading options and futures on the futures market.
  3. Stocks and Bonds Trading: Trade stocks and bonds on the stock market.
  4. Investment Options: Offers investments in structured products, model portfolios, and mutual funds.
  5. Protective Products: Investing in products to fix the interest rate on deposits for 2.5 years.
  6. Asset Management and Advisory Services: Including a personal financial adviser and personal brokerage services.
  7. Tax-Exempt Investment Accounts: Individual investment accounts with tax exemption, based on the amount of replenishment.
  8. Additional Services: These include currency exchange rate services on the interbank market, trading via MetaTrader 5 and QUIK platforms, free distance learning, analyst services, webinars, trading strategies, 24-hour technical support, and an affiliate program.

Recent Developments and Regulatory Actions

  • Integration with VTB Bank: Otkritie is undergoing an integration process with VTB Bank, set to be completed by the end of 2024. This integration includes offering VTB financial products to Otkritie clients and transitioning the Otkritie branch network under the VTB brand​​.
  • CySEC Actions: The Cyprus Securities and Exchange Commission (CySEC) has taken regulatory actions against Otkritie Broker Ltd, a part of the Otkritie group. This includes suspending voting rights and imposing management restrictions due to concerns over undue influence from its Russian parent company, Otkritie FC Bank​.

Advantages and Disadvantages of Otkritie Broker


  1. No Minimum Deposit: Offers flexibility for traders of all levels.
  2. Ease of Trading: Most trading operations can be performed through a personal account.
  3. Personal Investment Advice: Availability of a personal investment adviser.
  4. Support and Training: Includes phone dealing support and trading strategy coaching.


  1. Account Opening Process: Requires visiting an Otkritie office with a passport and tax ID.
  2. High Commissions: Higher fees compared to some other brokers.
  3. Technical Issues: Reports of frequent freezes in trading terminal servers.
  4. Customer Service: Concerns over the financial literacy of support service managers.


Otkritie Broker, with its comprehensive services and high credit rating, caters well to professional traders. However, its suitability for beginners might be limited due to its complex account opening process, higher commissions, and the need for a more robust customer support system. It’s advisable for novice traders to explore other options and consider their individual needs and trading experience before choosing a broker​.

In summary, while Otkritie Broker offers a range of services that can be appealing to experienced traders, the recent developments and some operational drawbacks highlight the importance of thorough research and consideration before engaging their services, especially for those new to trading.