May 10, 2017, Leading external dispute resolution (EDR) organisation, Financial Commission, catering to the financial services industry and operated by FinaCom PLC, today announces FXB Trading as its newest approved Member.
FXB Trading status as a Member of the Financial Commission took effect on May 3, 2017, following the approval of its membership application by FinaCom PLC’s board, thus allowing the company and its customers access to a wide range of services and membership benefits including, but not limited to, protection for up to $20,000 per submitted claim, backed by the Financial Commission’s compensation fund.
The Financial Commission provides brokerages and their clients with an unbiased 3rd party mediation platform that helps resolve complaints in instances where the original parties are unable to come to an agreement themselves.
For approved members and their clients participating in the CFD and foreign exchange (Forex) markets, the Financial Commission helps facilitate a simpler, swifter resolution process than can be had through common regulatory channels such as arbitration or the local court systems.
FXB Trading joins a diverse range of brokerages and independent services providers (ISPs) that utilise the services of the Financial Commission as part of their overall commitment to their clients whilst upholding the strict membership requirements of the Commission.
The Financial Commission Chairman, Peter Tatarnikov said, “We are pleased to see new brokers continuing to join the Financial Commission and proud to welcome A category member FXB Trading as our latest approved member and the most recent brokerage to join the Financial Commission. Our ongoing membership growth reflects the importance of efficient dispute resolution and shows that companies and their clients value when a neutral 3rd party provides such services. Financial Commission provides an unmatched dispute resolution process which FXB Trading and its customers can now take advantage of.”
About FXB Trading
FXB Trading is the trading name of FAZCO CAPITAL LTD, registered by the Financial Services Authority (FSA) of Saint Vincent. FXB Trading has established itself as a catalyst for change in the world of online trading by putting the interests of its clients first and foremost. The broker’s mission is to provide a standout trading service that delivers the tools traders of all levels need to be successful, so that they trade with FXB for the long-term. FXB offers CFDs (Contracts for Difference) on forex, commodities, indices and shares, and its clients benefit from superior security of funds, fast execution, multiple account types, highly competitive trading conditions, on-call support, a superb range of trading tools and great trading education resources that cannot be matched.
For more information, please contact FXB Trading at [email protected]
About Financial Commission
The Financial Commission is an independent external dispute resolution (EDR) organization for consumers/traders who are unable to resolve disputes directly with their financial services providers that are members of the Financial Commission. The Financial Commission initially set out to provide a new approach for traders and brokers alike to resolve any issues that arise in the course of trading electronic markets such as the Foreign Exchange Market, and then expanded into CFDs and related derivatives, in addition to certifying technology platforms used for trading.
For more information, please contact us at [email protected]