May 25th, 2022, The Financial Commission today announces the certification of trading technology provider 4X Solutions as part of its ongoing efforts to help ensure brokers and traders are operating in a fair and transparent environment with commonly accepted standards for trading technologies.
Trading technology certification
The Financial Commission conducted its rigorous review of 4X Solutions’ trading technology, to ensure it met the technical information requirements of the Commission’s technology certification evaluation process. The Financial Commission established a comprehensive list of points to verify including system security, capacity, business disaster recovery and a continuity plan, as well as reporting and record keeping, among other fields deemed important to certify.
About 4X Solutions
4X Solutions is a market-leading technology company that is one of the pioneers in the copy trading space. Their core product is a MetaTrader copy trading platform that can be used standalone or as a foundation for a more specialised application through API integration.
The platform has many features to handle risk management, compliance with regulations and per signal performance billing. The service operates on a cloud model, hosted from 4X Solutions private data centre facilities in London.
About Financial Commission
Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex), derivatives, and CFD markets.
Technology developers seeking membership status with the Financial Commission can learn more about the process and expected requirements as part of the technology certification process in advance of applying for membership or in the preparation of submitting an application by visiting our official website.