Justforex Stops Opening New Accounts for Clients from Russia and Belarus

The forex broker Justforex also joined a list of other leading financial firms in seizing operations in Russia.

The company said that it strongly condemned this invasion, military aggression against Ukraine, and acts of genocide systematically committed against civilians.

"Firstly, our company has decided to terminate all relationships with clients from the russian federation and belarus. Opening new accounts for clients from these countries is prohibited,"Justforex stated."Furthermore, our company decided to make a donation for the needs of the Armed Forces of Ukraine. Ukraine should not be alone in this struggle."

This week, the London Bullion Market Association (LBMA) and CME Group have suspended six gold and silver refiners with immediate effect. In addition, Russia will be excluded from all of JPMorgan's fixed income indexes on March 31, the bank said in a statement on Monday, joining rival index providers that had excluded Russian securities from their indexes after Moscow's invasion of Ukraine.