April 19, 2022, The Financial Commission today announces the expansion of its external dispute resolution (EDR) and membership services to the Mauritius entity of approved broker Member Axiory. The expansion highlights the increased interest and demand for EDR services among FX industry participants.
Axiory first joined the Financial Commission in November 2016 as an Approved Broker Member and has been in good standing with the organization since. Axiory has expanded EDR coverage to its Mauritius entity effective April 14, 2022, thus allowing 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.
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.
Axiory Global Ltd is an investment firm based in Belize and authorized and regulated by the Financial Services Commission (FSC) of Belize. Axiory provides trading on Forex, CFDs on indices, metals and commodities, and exchange traded products via its MetaTrader (MT4 & MT5) and cTrader platforms offering. Axiory additionally offers strategies via the MyAxiory client portal and copy trading services.
For more information about Axiory, please visit their website.
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.
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