Financial Commission Announces Olymp Trade as Latest Member Firm

25 February 2016 – Hong Kong & New York: FinaCom PLC, operator of FinancialCommission.org, a neutral mediator serving the online foreign exchange and binary options industry, announces today its newest member firm Olymp Trade.  

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Olymp Trade is a trademark of  Smartex International Ltd –  an online brokerage company that provides Binary Options Trading and registered in the Republic of Seychelles.

It is the latest member to engage the services of the Financial Commission to provide its customers with a neutral 3rd party mediator to help resolve complaints in cases of disputes where customers are unable to come to an agreement with their broker.

Following the successful certification of its trading technology, based on the rigorous process of evaluating comprehensive technical information requirements, and approval of its application by the FinaCom PLC’s board, Olymp Trade status as an official member of the Financial Commission took effect on February 22, 2016.

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In response to Olymp Trade’s official membership, Financial Commission Chairman Peter Tatarnikov said:  “Binary Options are considered a new and highly automated products, with all trading done on electronic platform. Unfortunately, there is no singular standard that binary options shall adhere to and this is why trading technology certification is a crucial point in obtaining the status with the Financial Commission. In order to provide clients with fair dispute resolution we must fully understand system’s execution mechanism and price determination process. Today we gladly welcome Olymp Trade to our organization and believe it is a great step for the broker to leverage its credibility and grow its business globally.”

 

Yarin_Andrei Olymp Trade COO Andrey Yarin commented, “Financial Commission’s value proposition is totally aligned with our commitment to serve customers based on the highest industry standards. Brand confidence building and client’s feedback have always been one of the top priorities for the company and this step is aimed to give our clients more confidence in the transparency of the company’s work and should any disputes arise, our clients always know that they are protected by the independent, reputable body. We believe having such an option is an integral part of complementing an already successful customer support and relationship management process, when dealing with a large number of traders in markets such as foreign exchange. It is great to see that there is finally a global organization, such as Financial Commission, which can expeditiously resolve conflicts within our industry in a friendly and a professional manner.”

About Olymp Trade

Olymp Trade is a new dawn on the Binary Options market, that  constantly strive to deliver the highest-quality service possible. By simplifying each stage of the trading process and lowering entry levels, they make binary options trading accessible for everyone. Olymp Trade take all necessary steps to provide their clients with great trading experience and to help their clients to succeed.

For more information please contact us at info@financialcommission.org

Thursday, 02/25/16 | fincom

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