The MICEX Stock Exchange is currently the leading exchange in Russia and one of the largest in Eastern Europe. It carries out transactions for the purchase and sale of shares, currencies, securities. In order to buy shares of the MICEX, you must first register a brokerage account and determine the starting capital.
Instructions
Step 1
Visit the website of the MICEX Stock Exchange at the link https://rts.micex.ru/. Here you can read basic information about stock trading and find out the current quotes. However, in order to start trading, you need to start by finding a brokerage office that will act as an intermediary. This is a mandatory procedure, since individuals and legal entities without an appropriate license do not have the right to directly participate in the work of the exchange.
Step 2
Use any search engine and leave a list of brokerage firms that provide services for entering the MICEX stock market. Find contact numbers on the websites of these companies.
Step 3
Call and ask for information about the company, the services offered, opening an account, commissions and ways to trade stocks. The last point is quite important, since the speed of the broker's response to the placed purchase and sale order depends on it.
Step 4
Contact your chosen brokerage office and sign the agreement. You will need a passport, TIN and bank account details. After that, a brokerage account will be opened for you, to which, in order to start trading, you need to transfer the amount specified in the agreement.
Step 5
Explore the trading system that allows you to buy MICEX shares. If something is not clear, consult a broker who will explain to you how orders are made and how trades are made.
Step 6
Analyze the situation on the MICEX stock exchange and consider buying securities. Submit your application and wait for its approval. As a rule, this happens at the moment when a response appears on the market with the requirements that satisfy you. Make sure the specified shares are listed in your account. If you wish, you can get your hands on them, but a non-documentary storage method is more convenient, since there is no need for additional paperwork.
