November 25, 2021, following meetings at the IFX EXPO International in Limassol, Cyprus, and ongoing negotiations, the Financial Commission today announces IC Markets as its newest approved Member. IC Markets becomes the latest online brokerage to join the ranks of the self-regulatory organization. The approval highlights the increased interest and demand for independent external dispute resolution (EDR) services among the industry’s leading FX industry participants.
IC Markets status as an Approved Broker Members of the Financial Commission took effect on November 24th 2021, following the approval of its membership application by the Financial Commission. The membership allows the brokerage 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 client, backed by the Financial Commission’s Compensation Fund.
The 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, the Financial Commission helps facilitate a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems.
IC Markets 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.
About IC Markets
Built by traders for traders, IC Markets is one of the world’s largest Forex CFD broker dedicated to offering ultra-tight variable spreads, phenomenal order execution speeds, unrivalled liquidity and exceptional 24/7 service clients around the world. Since our launch in 2007, IC Markets has bridged the gap between retail and institutional clients, by offering a trading solution previously only available to investment banks and high net worth individuals.
For more information, please contact IC Markets directly: [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. The 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].