July 13th, 2020, The Financial Commission, today announces BalansFX as its newest approved Member. The company becomes the 49th broker 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.
BalansFX status as an Approved Broker Members of the Financial Commission took effect on July 10th, 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.
BalansFX joins 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.
BalansFX operates in European countries since 2011 and entered the Turkish financial markets in 2018. Founded in London with the collaboration of the industry’s leading investors, the company provides services in the fields of Forex, Commodities, Stocks, and Cryptocurrencies with its expert team and experience.
BalansFX meets the demands of investors in a complete and timely manner with all the trading platforms developed with the latest technology by considering all the investors’ needs.
For more information about BalansFX, 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].