Under 30: The industry’s future leaders. Meet Aleksey Kutsenko

Under 30 and moving up the ranks. We talk to Aleksey Kutsenko, the 29 year old CEO of Tools for Brokers to find out what attracted him to this exciting industry and what his working day looks like.

In an industry so well established with roots in all four corners of the globe we took time to discuss what the industry will look like in 10 to 20 years from now.

Whilst we all share different views on where the industry will end up or what it will morph into, the fact is that we forget the many good folk working in the industry. Especially the younger generation that started at the bottom and worked their way up essentially dedicating their careers to fintech, trading and finance.

As is a FinanceFeeds tradition, we decided to celebrate these hard working individuals that have and very well may become the future industry leaders as they move up the ranks. So without further ado, meet the industry’s future leaders (all under the age of 30).

Full name: Aleksey Kutsenko

Job Title: CEO

Age: 29

Company: Tools for Brokers

What is your role at Tools for Brokers?

I’m the CEO and Founder of the company. Actually, I take a very hands-on part in all the processes within the company. As I have an engineering background I’m not only fully engaged in the strategic management of the company but I also code myself from time to time. For example, I’ve made a major contribution to development of our binary options platform.

How many years have you been at Tools for Brokers?

I have been with the firm right from the moment at which I had the idea to establish it, which is now almost 7 years.

When did you start your career in the FX industry?

Almost a decade ago I started my career within the dealing and technology development department of a brokerage company. Whilst there, I was promoted to the position of Head of department and after 3 years in this position I decided to open my own technology company as I clearly understood all the internal needs of a brokerage and how they can be solved with the help of technology.

What attracted you to / made you get into this business sector?

Until now, my whole life remains completely connected to the Forex industry. As I already explained, my experience within the brokerage company that I initially worked for enabled me to learn all the specifics of Forex and to understand clearly the business logic of solutions required by brokers.

I would say that the most important thing for development companies is the ability to speak the “same language” as a client, in other words, not only to be experts in programming, but also to understand the client’s business. Unfortunately, now some newly emerged companies lack this knowledge of Forex. In terms of how I got to the position that I am in now, I would say that I am simply doing what I’m best at.

Would you like to share any tips for others looking at getting into the industry?

My main tip is to be brave and not to be afraid of taking risks. The more ideas you have, the more the probability that one of them will sooner or later succeed. I risked a lot leaving a stable and respected position at my previous company. It was a challenging decision to start my own business with only a few products developed at that time.

But now after significant time has passed, I have no regrets about this decision. Since that time we have developed around 100 products that are used by more than 250 brokers from all over the world. We also launched absolutely new services such as a white label solution and our binary optons platform, which have moved us to the new level.

Read this next

Digital Assets

Wirex launches crypto loans with LTV of up to 80%

The recent market collapse hasn’t stopped Wirex from pursuing its crypto loan offering allowing users to borrow up to $100,000.

Digital Assets

Chainalysis and Cellebrite to launch integrated solution

As a result of this cooperation, examiners, investigators, analysts, and compliance officers will be able to seamlessly identify illicit cryptocurrency-related activity in a single place as part of their familiar digital investigation workflows.

Executive Moves

Gate.io hires ex-Google Tom Yang for brand building

Gate.io has appointed Tom Yang as Executive Vice President (EVP) to gradually carry out its global brand building and market development.

Digital Assets

What if Ripple loses and XRP is deemed a security?

The outcome of the Veritaseum case could provide guidance to XRP holders looking for answers about what will happen to their assets.

Executive Moves

BestEx Research taps Paul Merolla as General Counsel

He has served as General Counsel at institutional broker Instinet Group and was Associate Counsel at Goldman Sachs.

Industry News

eToro announces termination of SPAC deal amid “circumstances”

“We ended Q2 2022 with approximately 2.7 million funded accounts, an increase of over 12% versus the end of 2021, demonstrating continued customer acquisition and retention rates that have been improving over time. We remain confident in our long-term growth strategy and excited for the future of eToro.”

Digital Assets

EU crypto regulation limits privacy to 1,000-euro threshold

MiCA complements existing AML rules and aims to enhance financial stability and investor protection in Europe.

Retail FX

GKFX Prime adds MT4 and MT5

In April, GKFX launched a proprietary trading platform.

Industry News

UEZ hits the Korean market

On the 8th to 10th of June 2022, the team from UEZ Markets attended the breathtaking Smart Tech Korea 2022 expo in the wonderful city of Seoul

<