The FinancialJune 8th, 2020, The Financial Commission, today announces Deriv.com and its associated brand Binary.com as its newest approved Members. The companies become the 47th and 48th brokers to join the ranks of the self-regulatory organization, highlighting the increased interest and demand for independent external dispute resolution (EDR) services among FX industry participants.
Deriv.com and Binary.com status as an Approved Broker Members of the Financial Commission took effect on June 8th, 2020, following the approval of its membership application by the Financial Commission, thus allowing the companies 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 the submitted complaint, 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, foreign exchange (forex), and cryptocurrency markets, Financial Commission helps facilitate a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems.
Deriv.com and Binary.com join a diverse range of brokerages and independent service providers (ISPs) that utilize the services of the Financial Commission and as part of their commitment to their clients while upholding membership requirements.
About Deriv.com
Deriv.com, previously known as Binary.com, is an online trading service provider with over 20 years of experience in the industry. Its clients can trade over 100 assets composed of currency pairs, stock indices, commodities, and synthetic indices on 4 trading platforms: DTrader, SmartTrader, DBot, and Deriv MetaTrader 5 (DMT5).
Deriv.com is owned by Deriv Ltd, with offices in Malaysia, Malta, Paraguay, and the UAE.
For more information about Deriv.com, contact them at [email protected]
About Binary.com
Founded in 1999, Binary.com is one of the oldest and most respected names in online binary trading. Created with the mission to make online trading accessible to the masses, its 1 million customers can trade currencies, stock indices, commodities, and synthetic indices 24/7 on an array of platforms created for both beginner and experienced traders.
Binary.com is owned and operated by Deriv Limited.
For more information about Binary.com, contact them directly.
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 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].