November 22, 2018, The Financial Commission today announces execution certification for Binomo, a Category A member using Verify My Trade, a recently launched “value-added” service.
Verified order execution quality
Following the launch of order execution verification with Verify My Trade (VMT) in September of this year, Financial Commission broker members continue to apply for certification of their order execution quality as a step to increase transparency regarding execution speed and pricing.
Today, Binomo becomes the latest Financial Commission member to have successfully completed the VMT certification, having satisfied all execution quality standards set out for all members of the Commission. Trades can now view the execution audit results for Binomo directly on our website, by clicking here.
Check your broker’s status
All interested parties can now view the execution audit results for all members of the Financial Commission by visiting our Members page or the profile pages of brokers listed in our Members section. Certified brokers will be highlighted with a unique badge as displayed below.
By clicking on the badge users will navigate to a dedicated webpage for each broker that will indicate the last time an audit was performed, how many orders were analyzed and whether the results satisfied the order execution standards established by VMT.
If you are interested in using the VMT service or would like more information, please reach out to us at [email protected].
About Financial Commission
Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex), derivatives, CFD and digital currency markets.
Financial Commission provides efficient compliance and certification solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.