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Following Russia's Forex legislation introduced in January 2016, InstaForex submitted a set of documents required by the Bank of Russia to apply for a Forex dealer's license. The application has been considered by the Bank of Russia. Next week, InstaForex is awaiting a list of formal remarks and comments from the regulator. The company will fulfil all requirements and present the amended package of documents to obtain the license.
Thanks to a Forex dealer's license from the Bank of Russia, every client will be able to choose to be served under the Russian jurisdiction.

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