Tinkoff Investments named best retail broker at Stock Market Elite contest

Moscow, Russia — 10 July 2020.
Tinkoff Investments was named the winner in the Retail Brokerage Company category of the Stock Market Elite 2019. The contest is an annual event for the Russian securities market professionals that has been held for 20 years by the National Association of Stock Market Participants (NAUFOR).

A national jury, comprising leading market experts, heads of major brokers, management companies, and infrastructure representatives, selects the winners from short-listed candidates. The contestant short list is created by surveying over 800 stock market participants.

With the number of its active clients increasing threefold in 2019, Tinkoff Investments emerged as Russia’s largest broker in terms of active clients on the Moscow Exchange (MoEx). During the year, the Company reinforced its market leadership by bringing over 800,000 retail investors to the MoEx, more than any other player. In total, Tinkoff Investments has attracted over 1 million retail investors. In December 2019, it accounted for about 40% of all new accounts opened on the exchange. The platform’s mobile app is downloaded and installed more than 25,000 times a day.

Dmitry Panchenko, the head of Tinkoff’s investment business

«We are happy to be rated highly by the professional community. This is our second award from NAUFOR, and it will certainly provide an additional growth incentive for Tinkoff Investments.
We worked hard last year seeking to improve our product by launching new tools and making them easy to use for novice and seasoned traders alike.
We will continue making every effort to prove the point that investing can be simple and affordable, a testament to which is our increasing active client base. We have recently launched Investing Jar, a straightforward tool that even an inexperienced trader will have no trouble grasping. For savvy traders, in 2019 we offered margin trading, stop-loss orders, depth of market dashboards, and an uncluttered and easy-to-use web terminal. This year, we plan to further expand our product portfolio to make trading even easier and more convenient for our clients.»

Stock Market Elite is one of the most prestigious awards in Russia’s securities market. The event is held by the National Association of Stock Market Participants, the market’s leading self-regulatory organisation. The jury votes in person to name the winners among contestants nominated by the market participants. The Stock Market Elite contest has been held since 2000 and remains one of the most respected independent and non-profit awards in Russia’s securities market.

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Tinkoff is an online financial ecosystem centred around the needs of its customers.
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