A group of professional traders came to the decision to build up a company orientated on Russian speaking clients mostly from Russian and Ukraine.

At those days United Kingdom legislation was the most progressive and convenient for the Forex dealings so it was chosen for the registration.

Parex Banka was selected as the main bank for the companies’ clients. At the time it was the most up to date Baltic bank experienced in the marginal trading for the retail clients.

Among the first Larson and Holz deployed the forth version of Metatrader. The Technical back office was opened in Seattle (USA) for the trading servers and data centers.

The first off-line office was opened in Saint-Petersburg, Russia.

The decision was taken to change the jurisdiction. The company moved to the classical off shore format. Seychelles had been selected as the country of registration as the most popular free zone for the financial companies.

The structural optimization allowed to cancel the commission on the transitions and to improve trading conditions. Also among the first Larson and Holz introduced the new quotation system-Instant Execution.

The Company had started the realization the partners programme on the franchise basis and expansion to the regions began.

The representational offices were opened in Tver, Saratov, Kemerovo, Vinnitsa, Novosibirsk. Several startupers from Saint-Petersburg joined the corporate governance and bought the stock of Larson&Holz IT Ltd shares.

Larson &Holz took part in the majority of the Financial exhibitions in Russia and all over the world. Among the others are Forex Expo, Financial supermarket, But Brand in Moscow, Kiev, Budapest, Hong Kong.

As well the company opened offices in Moscow and Astrakhan. Financial crisis began.

The company successfully overcame the crises. CFD trading on shares and precious metals was open.

The new marketing program Forex Family was launched. The above programme was oriented on the professional traders and included a wide variety of options: Islamic accounts, multi currency deposits, dynamic spread reduction, bonus program etc.

Larson&Holz IT Ltd opened the new office in Saint-Petersburg on the base if the well know educational center TCS than is functioning since 2002.

New offices were opened in Kiev, Irkutsk, Makhachkala and other cities. Many representational offices had outgrown to the level of independent companies and expanded the list of services and brokers, and some of them even have opened their own dealing centers under new brands.

Most of the Larson&Holz IT Ltd representatives introduced the additional education programs with the local Universities.

In Moscow and Kazan new offices were opened. Business model modification was launched. The emphasis was put on the online sales activity. The services were renewed: the introduction on the five decimal digits, quotation with the more progressive Market Execution, automatic withdrawal and deposit of funds and etc.

The new marketing policy is focused on the development of online services for the professional traders. Off-line offices are exclusive brokers ‘representatives and are kept only in the key cities of Russian and CIS. Also the quality of provided services is standardized.

New services for traders are lunched: Start – without limits on the initial deposit and Non-deposit – the unique unparalleled service for the beginners.

The Broker has passed the certification of the independent non-commercial partnership FMRRC and has received the Global Banking&Finance Review(UK) Award in two nominations.

The next step is registration of joint-stock company of the closed type and preparation for the organization of the JSC of the open type according the Russian Federation legislation.

The Company opened additional sales offices in Saint-Petersburg and in Moscow. At that time Larson&Holz had three offices.

The Company joined the Center for regulation of over-the-counter financial instruments and technologies – the first and the only SRO in Russia regulating the FOREX retail market in Russia.

Larson&Holz wins a number of prestigious awards. Among others – The Best Bonus Programme from the Master FOREX of Forex Club and Innovative Broker of the year according to the IAFT AWARDS from MOFT.

Larson&Holz outgrew the limits of a small business and accepted social responsibility, engaging in a charity programme. The Company provides help for children, disabled citizens and animals.

The Company developed numerous different services, added new currency pairs, opened new types of accounts for professional traders – NDD and ECN accounts with direct access to the inter-bank market. For this purpose a separate portal was open within the system of sites Larson and Holz - ndd.lh-broker.com

The possibility of autonomous leverage regulation from 1:1 to 1:500 was introduced. New developments were introduced: the first in the world system of spread-reporting, social media for traders, continuous monthly contest for traders, automatic access systems to any payment system, credit cards, etc.

The Company launched a single social media for traders on the basis of the real-time rating. Now the traders can chat and have lists of friends and communities.

Many new Larson&Holz offices were opened in Omsk, Nizhny Novgorod, Tyumen, Alma-Aty, Pavlodar and other cities.

The Company kept developing services and creating new ones.

The system of transactions copying was introduced, thus making possible to duplicate the most successful traders’ signals all over the world.

Offices in Cyprus and in Montenegro were in the process of opening.

History is being made.