About ZERICH
Company Overview
ZERICH Capital Management is a Russian brokerage firm that was established on May 15, 2019. The company operated as a securities broker providing access to both Russian and international stock exchanges. According to its official records, ZERICH has no regulatory licenses from any financial authority, meaning it is an unregulated entity in the jurisdictions it serves.
The broker's official website indicates that the company has undergone a corporate reorganization. As per public notices, ZERICH Capital Management was merged into Freedom Finance, which later changed its name to ООО «Цифра брокер». This means that ZERICH no longer exists as an independent legal entity, and its client accounts have been transferred to the successor firm.
Regulation and Safety
Our review found no evidence that ZERICH holds any current regulatory licenses. The known facts from our records confirm that the broker has no regulators on file. This lack of oversight is a significant concern for traders who prioritize investor protection. In Russia, brokerage firms typically require licenses from the Central Bank of Russia, but ZERICH's status in this regard is unclear.
Given the merger and the absence of regulatory information, traders should exercise extreme caution. The broker's website itself redirects clients to the new entity, implying that active trading through ZERICH's platform is no longer available. For those considering the successor broker, independent verification of its regulatory standing is essential.
Products and Services
ZERICH offered brokerage services in equities, derivatives, and currency instruments on the Moscow Exchange. It also provided access to major US stock exchanges such as NYSE and NASDAQ. The broker claimed to offer a unified brokerage account that allowed trading across multiple markets from a single interface.
Additional services included margin lending, currency exchange on the MOEX foreign exchange market, and trust management for securities. The broker also had educational resources through its 'School of Exchange Mastery'. These offerings positioned ZERICH as a full-service broker for Russian investors interested in domestic and international markets.
Trading Platforms and Technology
The primary trading platform offered by ZERICH was QUIK, a widely used system in Russian brokerage. QUIK provides real-time market data, order execution, and portfolio management. The platform was available in desktop, web, and mobile versions, catering to different trading styles.
ZERICH also promoted its algorithmic trading services under the ZerichAlgoTr brand, targeting active traders and quantitative strategies. The broker's technology infrastructure included server co-location options near the Moscow Exchange data center, which could reduce latency for high-frequency trading.
Target Audience
ZERICH's services were aimed at Russian-speaking investors, both retail and institutional. The broker highlighted its experience in US and Russian markets, making it attractive for those seeking diversified exposure. Corporate clients and high-net-worth individuals were offered tailored solutions.
However, with the merger into Freedom Finance (Цифра брокер), the original ZERICH brand is no longer active. Potential clients should note that any new accounts or trading activities would now be handled by the successor entity.
Overview compiled by FXCanary from regulatory records and public data. full ZERICH review