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The Braun brothers, who were destined to become some of the most successful people in the field of stock markets, took their life start from the lowest point. Otto and Lars were born not so much in destitution, but in poverty for sure. Their father held a small brokerage firm and could barely make ends meet. Perhaps it was extreme penury that brought the two brothers together. Despite the four-year age difference, the Braun brothers were inseparable like twins. Since their early age, they tried to be useful to the family.
The embrace of stock exchange overtook the Braun brothers at a very young age. Actually, they did not want deal with anything else. Their whole narrow world was made up of the tiny company of their father, where they spent days and nights as boys and teenagers later.
In 1991, the brothers moved to Luxembourg from the hometown of Vianden, located on the border with Germany. There were better work opportunities. At first, the Brothers got into a small brokerage firm specializing in the sale of lesser-known companies and their shares at a very low price. And in just six months at the new place Otto has grown from a sales agent to a department head. The brothers worked for about four years, gaining practical experience in buying and selling a wide variety of stocks. Then they moved to England, taking up positions of sales agents. Things got even better here. Otto soon became a head of department, and Lars (it worth mention, he was more technically gifted of the two brothers, but Otto compensated for some technical lag with his entrepreneurial streak) began to use fundamental analysis alone. This was the starting point. Otto found an investor and the brothers opened their first brokerage firm in a rented office with his money. Otto and Lars arranged sale of shares of then-lesser-known companies and engaged exclusively in this direction.
At the end of the 20th century, hundreds of brokerage firms were being opened in England. And hundreds were closed. This business was actively concentrated in the hands of major players. And clearly realizing that buying stocks of small companies could not help to get rich, the Brauns returned to Luxembourg in 2001. After selling their brokerage firm, they got a little capital.
The brothers reasoned soberly. They could not open their own large brokerage firm: they had enough knowledge, but the amount available was clearly not enough for such a scale. But neat and responsible Braun brothers, who held their reputation dear, became excellent performers. They began to buy up the shares of companies that were just starting to emerge, buying them a relatively low prices. They hired six people to analyze the market, while six sales agents plus Otto and Lars themselves, not being afraid to make calls and keep financial records on their own, processed a wide variety of orders.
We have to admit that the brothers were very lucky with their customers. There were several people whom the Braun brothers used to sell shares of new companies that were growing in value. They concluded several contracts. Only one contract brought the young company everything you could dream of: money, fame, reputation. But an even larger client appeared on the horizon, his name was John Bogle.
The Braun brothers have been partners with John Bogle literally since the company was founded. Back in 2004, Otto came to own a large equality stake in Sunshine Motors. It was then, that the inseparable brothers provided their own and their families’ well-being for lifetime. A relatively small stake made them multimillionaires in 2004.
However, by that time Otto and Lars themselves were already well-known brokers in narrow circles. The brothers decided to go on an independent voyage for several reasons. First, John Bogle gradually abandoned the practice of fundamental analysis, concentrating everyone and himself exclusively on technical analysis within his own company. Plus, according to the apt expression of Otto, they were “just tired of being a trifle in the vast pocket of John Bogle.” And in 2006, the brothers started their own brokerage firm. This start-up was doomed to success.
Braun’s reputation was well-known in the trading circles of Europe and America at that time. And before anyone could see their company the number of people willing to sell shares with them broke all records. The brothers received cooperation offers from more than 8 thousand companies from all over the world! Only a frankly failed product could spoil such a start. But Brauns has been inherent with the secret of success for much too long to drop a clanger. The brothers were well aware of all the pros and cons of stock exchange, and therefore decided on the concept of the first independent company model quite quickly.
In 2007 – 2008, the world met a financial crisis that affected all sectors of the economy. But Braun brothers were able to skillfully play this card as well. They did not start a company during the crisis, together with a small group of like-minded people they started bought up shares of companies that started to fall, but here no one expected such success, as many traders and brokers watched it and thought it would be their failure. But since 2011, the crisis began to gradually recede and in 2013 it was completely over.
Nobody expected this, but the shares of the companies that the Braun brothers had bought up began to stabilize in price, and later even demonstrated growth.
In 2015, the Braun brothers began to think about opening a company and its trading platform.
The name of the company was not long in coming and thus StockSons was born.
In 2015, they began to register a company.
After such success during the financial crisis, the brothers gained fairly good fame and a great reputation. Every free agent wanted to get a job at the brothers’ brokerage firm.
And in 2015, the Braun brothers began to interview and announced recruitment of traders, brokers, analysts, and trading agents.
Essential Information
| Start Date | 20 Jan 2020 |
| Website Link | https://stocksons.com |
| Min/Max | 50 $ – No Limit |
| Minimum withdraw | $1, except for cryptocurrency. Ethereum, Litecoin – from $10. BTC – from $50 Tether – USDT (ERC) -from $5 |
| WHOIS | View Here |
| Domain |
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