December 26th, 2019, The Financial Commission today announces enhancements to its ‘Check Your Broker’ online directory with the addition of broker profiles. The update is intended to make it easier for traders to find out important information about a broker’s license, membership with the Financial Commission and possible Compensation Fund protections.
Check Your Broker
The ‘Check Your Broker’ directory was launched in April 2019 in order to help traders to find out basic information about their broker, check their broker’s membership status and whether they can use Financial Commission’s services and what companies should be avoided due to reported fraud or misconduct.
Now the directory has been updated with valuable information about non-member firms to help traders check the license and regulatory status of over 200 brokers, as well as find out company details regarding the products and services offered by each broker. Moreover, traders can now leave feedback and share their trading experience on the broker’s profile page and find the contact details for each listed broker in the directory.
The enhancements are intended to help the trading public navigate the FX community to choose the right broker for them, find out about the regulatory and licensing status of their broker or compare reviews and comments from other traders who have had experience trading with one broker or another.
The directory will be updated regularly to include more brokers and inform on the change in the regulatory status of existing firms. If you can’t find your broker in our directory – please contact us at [email protected] to get more information.
About the 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 as 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].