RoboForex Expands to Lithuania, Set Sights on Poland and Germany

Cyprus regulated broker RoboForex has exclusively revealed to Finance Magnates its plans to open a representative office in Lithuania. It will be the first step in what the firm describes as a major effort to expand its presence in the Baltic countries and Poland.

The office is to be opened during the second half of November and will work with clients from Latvia and Lithuania. In addition to this, RoboForex says that it is making efforts to find and attract new strategic partners in Poland with the aim of eventually having official representative offices opened in all countries of the region.

“Before entering the Baltic states market, the Company did a great research,” says Konstantin Rashap, RoboForex development manager in Europe. "This market attracts our attention because it has clients from completely different audiences in the first place. RoboForex is ready to offer each client unique services as we have effective solutions for beginners, experienced professionals, and institutional clients.

We’re aware of how important the local presence is for both client satisfaction and traders' trust in the Company and their confidence in its stability. The year of 2015 has brought many changes to the brokerage services industry. Such events as sharp increase of the Swiss Franc in January and the problems with payouts that followed have affected clients of some brokerage companies and significantly shuttered people's’ confidence in financial organizations.

We want traders to consider us a successful, reliable, and fast-growing company, which proves its worth not only with the words and advertising slogans, but also with particular actions. This has once again been clearly shown by our local markets promotion, which, apart from everything else, facilitates investments in the national economy and creates jobs for the local community."

RoboForex also revealed that by the end of November, it is planning to launch a new version of its website for traders from Germany, and to participate in a trading exhibition which will take place in Frankfurt.

Earlier this year, RoboForex upgraded its binary options brand so that clients could receive trading signals and copy transactions of other traders via a ZuluTrade service with RoboOption.