LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Alpari RU, one of the biggest Forex brokers in the industry, and Strategy Store, the developer of the investment platform which combines the attributes of PAMM accounts with social and copy trading, have partnered to provide an entirely new service to Alpari’s Russian audience.
Alpari has announced that the pioneer of Alpari’s PAMM account, Dmitry Orlov, has partnered with them to bring about the launch of the new and innovative Alpari Forex Signals Club.
LeapRate today spoke to Strategy Store, the developer of this service, whose COO Daria Timoshchuk explained “Dmitry Orlov created Strategy Store, then he partnered with Alpari, and together they launched the product Alpari Forex Signals Club which is based on Strategy Store platform and is modified for the specifics of Alpari.”
Sergey Vyazmin, Director of International Business Development at Alpari stated to LeapRate: “I’m glad that Dmitry and his team joined the company for this project. Our mutual efforts should bring our clients revolutionary new product and further strengthen Alpari’s competitive position on the market.”
During his tenure at Alpari, Mr. Orlov was responsible for a milestone in the FX industry’s platform development, in that he was instrumental in the design and implementation of the PAMM account, from which fund managers could execute one trade and echo it across the accounts of their clients.
This methodology was swiftly echoed by many platform firms, including MetaQuotes, which proceeded to offer its own Multi Account Manager software which has become ubiquitous among many retail brokers worldwide.
During the last year and the establishment of Strategy Store, Mr. Orlov has concentrated on combining the functionality and virtues of copy trading with those of PAMM accounts.
Currently, the Apari Forex Signals Club is available in Russian and English, in demo mode, with registration in Russian, but will eventually also offer English language registration, with a live launch date yet to be announced.