Financial Commission Announces X Spot as Latest Approved Member

The Financial Commission / أخبار و أحداث جديدة / Company News @ar / Financial Commission Announces X Spot as Latest Approved Member

February 6, 2017 – Hong Kong & New York: Leading external dispute resolution (EDR) organization, Financial Commission, catering to the financial services industry and operated by FinaCom PLC, today announces X Spot as its newest approved Member.

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X Spot’s status as a Member of the Financial Commission took effect on January 30, 2017, following the approval of its membership application by FinaCom PLC’s board, thus allowing the company and its customers to be entitled to related membership benefits.

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 and foreign exchange (forex) markets, Financial Commission helps facilitate a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems.

X Spot joins a diverse range of brokerages and independent services providers (ISPs) that utilize the services of the Financial Commission and as part of their commitment to their clients while upholding membership requirements.

Financial Commission Chairman, Peter Tatarnikov said, “We are pleased to see new brokers continuing to join the Financial Commission and proud to welcome A category member X Spot as our latest approved member and the most recent brokerage to join the Financial Commission. Our ongoing membership growth reflects the importance of efficient dispute resolution, and companies and their clients value when it’s provided by a neutral 3rd party. Financial Commission provides an unmatched dispute resolution process which is now extended to our newest member X Spot.”

About X Spot

X Spot International Ltd. is an international financial services company, registered by the Financial Services Authority (FSA) of Saint Vincent under number 21285 IBC 2013 and by the Marshall Islands Business Corporation Act. under number 79833. X Spot provides its clients a unique trading experience on more than 1500 financial products utilizing cutting edge technology and deep liquidity with ultra-fast execution via the award winning platform xStation and MetaTrader 4 (MT4). The company supports their clients with live market analysis and news, directly from their in-house research department.

For more information please contact X Spot at [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.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 Foreign Exchange, and then expanded into CFDs, Binary Options and related derivatives, in addition to certifying technology platforms used for trading.

For more information please contact us at info@financialcommission

 

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