The founders of Strategy Store investment platform have today announced their business expansion. The company is preparing to provide the investment service based on the platform from their own brokerage company.
Dmitry Orlov, CEO of Strategy Store and inventor of the PAMM account, commented on the news: “we are in the process of registration of our own brokerage company in an effort to be able to fully implement our vision of an ideal investment service for a broad audience of investors all over the world. In order to guarantee quality, we need to have control over all aspects of the service, including deals execution.”
Moreover, Strategy Store and RuStars Ventures venture fund announce closing a financing round.
Anton Starskiy, RuStars Ventures executive director, commented on the deal: “We are glad to finally announce closing the deal. We are sure that Strategy Store is going to have bright future. This is one of the most competent teams on the market, a unique technological product and a huge fast-growing market.”
A comment from Strategy Store COO Daria Timoshchuk: “This has been long and rigorous work over structuring the deal performed by lawyers from the Silicon Valley. We got very useful experience in raising venture financing. Taking into account the opening of a brokerage company and our ambitious plans on the business development and providing the service in various jurisdictions, raising the next financing rounds is forthcoming. And thanks to RuStars Ventures, we are ready for them”.
At the moment the liquidity provider for Strategy Store is EXNESS, and on this basis, Dmitry Orlov commented on the partnership with this broker: “Our execution model is 100% STP. Considering our focusing on providing the investment service, we want to eliminate any conflict of interest with our clients. We earn from commission and a share of the fees from our clients’ profit, thus we are interested in high quality of deals execution. Now we are testing the service live version with the first clients. The customer funds are accepted and the liquidity is provided by our partner EXNESS. We are very pleased with the conditions provided to us and look forward to our long-term cooperation.”
EXNESS CEO Peter Valov commented on the partnership with Strategy Store:
“This is a very interesting project. Our specialists have tested Strategy Store for a long period. We are assured that the project is going to have great success, since it solves one of the main social trading problems – it practically eliminates the trader’s psychological mistakes. For investors, Strategy Store provides a new, higher work level, switching from deals copying and “likes” to forming a well-weighted, diversified investment portfolio”.