The FinancialSeptember 20th, 2017, The Financial Commission, a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex), derivatives, and cryptocurrency markets, today announces Carrax as its newest approved Member.
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Carrax’s status as a B-category Member of the Financial Commission took effect on September 19, 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 $5,000 per submitted claim, backed by the Financial Commission’s compensation fund. |
Financial Commission provides brokerages and their customers with an unbiased 3rd party mediation platform that helps resolve complaints in instances when parties are unable to directly come to an agreement over disputes.
For approved members and their clients participating in CFDs and foreign exchange (forex) markets, Financial Commission helps facilitate a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems.
Carrax joins a diverse range of brokerages and independent services providers (ISPs) that utilise the services of the Financial Commission and as part of their commitment to their clients while upholding membership requirements.
About Carrax
Founded in 2010, Carrax is a licensed and regulated by FSA online Broker-Dealer. The company Carrax is ECN / STP Forex broker providing services on the international Forex market for online trading. The company provides uninterrupted access to the best Forex quotes instant and market execution for ECN / STP technology from today’s best service provider partner of the Company AMTS Solutions. The company offers its our clients honest ECN-trading and access to the best liquidity flows. Carrax highly appreciated among traders from around the world that use algorithmic trading systems and advisers. Perfectly formed trading conditions make feel comfortable for any trader, from beginner to professional. Carrax widely presented in regions such as Asia, Africa, CIS, middle and far East.
For more information please contact Carrax at [email protected]
About Financial Commission
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.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 Foreign Exchange, 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]