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Office: 63 Chulia Street, OCBC Centre East, #15-01, Singapore, 049514
Main contacts:
[email protected]-Technical supports and inquiries
[email protected]-Free online reputation consulting services
[email protected]-Sales inquiries
Business Hours: Mon. - Fri. (11.00-19.00)
Time zone (Singapore)
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Copyright © TrustFinance 2022 | V.2.0

TrustFinance is trustworthy and accurate information you can rely on. If you are looking for financial business information, this is the place for you. All-in-One source for financial business information. Our priority is our reliability.

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Otkritie Broker

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FTD LIMITED

FTD LIMITED

(505 reviews)

foundedInBritish Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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What are the differences in regulations for each

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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Company Information

Get to know Otkritie Broker

Founded in 1995, Otkritie Broker grew to become one of Russia's largest and most well-known brokerage companies, providing a wide range of investment services to retail and institutional clients, including access to Russian and international stock exchanges. Following the 2017 nationalization of its parent, Otkritie FC Bank, by the Central Bank of Russia, the entire banking group was sold to the state-owned VTB Bank in December 2022. Subsequently, a full integration process began, and on January 1, 2024, all client brokerage services of Otkritie Broker were officially transferred and merged into VTB My Investments, the brokerage division of VTB Bank. The Otkritie Broker brand is no longer in active use.

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News

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TrustFinance Intelligence Agency

Research date: Okt 14, 2025

The Cyprus Securities and Exchange Commission (CySEC) has extended the ban on Igor Gutinskiy, director of Otkritie Broker Ltd, from managing the company for an additional six months due to concerns regarding the company's ties to Russia's Otkritie FC Bank. This ban follows earlier restrictions and aims to prevent Russian interests from dominating shareholder meetings. Otkritie Broker has faced scrutiny since its licensing in Cyprus in 2016, particularly in light of geopolitical tensions. The company voluntarily surrendered its CySEC license recently, following a trend of FX brokers leaving Cyprus, but clients remain protected under the Investor Compensation Fund.

The Cyprus Securities and Exchange Commission (CySEC) has extended the ban on Igor Gutinskiy, director of Otkritie Broker Ltd, from managing the company for an additional six months due to concerns regarding the company's ties to Russia's Otkritie FC Bank. This ban follows earlier restrictions and aims to prevent Russian interests from dominating shareholder meetings. Otkritie Broker has faced scrutiny since its licensing in Cyprus in 2016, particularly in light of geopolitical tensions. The company voluntarily surrendered its CySEC license recently, following a trend of FX brokers leaving Cyprus, but clients remain protected under the Investor Compensation Fund.

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