September 17th, 2020, The Financial Commission, today announces CapitalXtend as its newest approved Member. The company becomes the latest online brokerage 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.

CapitalXtend status as an Approved Broker Members of the Financial Commission took effect on September 17th, 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.

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.

CapitalXtend 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 CapitalXtend

Capitalxtend is one of the leading financial service providers, with many years of loyal patronage and a team committed to providing exceptional services, competitive prices and a wide range of trading tools. Find the right opportunities and trade over 300+ Financial Instruments in the global markets, with 24/7 support to embark your way to success! CapitalXtend takes client protection very seriously and client’s security and confidentiality are of utmost important. Client’s money is held in segregated trust accounts i.e. tier 1 banks and not held in CapitalxTend’s own funds.

For more information about CapitalXtend, 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. 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]

September 14th, 2020, The Financial Commission, today announces a strategic partnership with online FX industry news websites Industry Spread and Traders Spread to deliver expanded media and public relations opportunities for trusted brokers, exchanges, fintech, and education providers. The new partnership will offer exclusive benefits to Financial Commission members and partners in advertising, media, and public relations. 

Exclusive Benefits

With the new partnership, Financial Commission approved members can take advantage of exclusive discounts for display media, sponsorships, guest posts, and interviews, as well as participate in the Business ORG directory and broker comparison listings. The new opportunities provide companies with engaged B2B and B2C audiences interested in FX, CFD, and digital currency trading. 

Approved broker members are also invited to collaborate with Traders Spread’s editorial team on distributing proprietary market research to thousands of interested traders around the world. 

The Industry Spread & Traders Spread 

The Industry Spread is a news and information site built for the global trading industry. The site provides the B2B trading industry with the information they need to keep informed about trading technology, changing global regulations, new industry partnerships, and announcements of the latest executive moves. The Industry Spread doesn’t just cover FX or digital currencies, the news portal covers all exchange-traded markets as well as OTC products.

The Traders Spread is the global home for traders who want the best news and trading solutions. Whether you are a new or experienced trader you will find information to help your trading covering Forex, Commodities, Indices, and global equities.

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].

The Financial Commission has been notified by concerned traders regarding the companies and associated websites of GIV CAPITAL, AvalonMarkets (AvalonMarkets Capital Advisors Corporation), Wizards trading, and Orion Fx Pro.

Upon reviewing the submitted information from potential customers of these brokers, the Financial Commission has determined that the indicated companies and associated websites may be used to scam and defraud traders and investors. As such, the Commission does not recommend to do business with any of the above-mentioned companies neither individuals purporting to represent these brokers on social media and in private messages on popular messaging apps. Given this information, GIV CAPITAL, AvalonMarkets (AvalonMarkets Capital Advisors Corporation), Wizards trading, and Orion Fx Pro placed on the Financial Commission’s Warning List.

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August 31st, 2020, The Financial Commission, today announces LordFX as its newest approved Member. The company becomes the latest online brokerage 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.

LordFX logo

LordFX status as an Approved Broker Members of the Financial Commission took effect on August 28th, 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.

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.

LordFX 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 LordFX

LordFX is a London-based organization with a broad vision of commonwealth epaulet. Lord Fx 2006 is an intermediary company serving the global foreign exchange, commodity and CFD markets in 19 different markets, with the beginning of the calendar year and originating in London.

It has a paid-in capital of £12,000,000. Lord Fx Limited is periodically audited by leading audit authorities that are accepted by international standards. Lord Fx Limited serves its investors according to corporate governance principles with its quality service understanding, strong financial structure and specialized staff in the field of activity.

For more information about LordFX, 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. 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]

August 5th,  2020, The Financial Commission announces its operating metrics for the month of July 2020 as part of its monthly Complaints Digest. The organization experienced a slowdown in new complaints as traders headed into the summer months and market volatility slowed. The organization achieved another month of growth in some key metrics as well as a slowdown in others, while its key metric of dispute resolution times improved significantly month over month.

Key monthly highlights for July 2020:

Month Over Month Comparison

Key Takeaways

Conclusions

The Financial Commission continues to effectively resolve traders’ disputes and public inquiries in a difficult environment as the Covid-19 pandemic continues to impact the globe. Established traders look to be winding down trading positions heading into the summer months, while new traders continue to be interested in trading Forex and CFD, as indicated by the number of new complaints received and processed. The Dispute Resolution Committee witnessed a rise in trading related complaints, which increased by 6% in July as compared to June. Meanwhile, a slowing influx of new complaints amid continued operational efficiencies was attributed to a record average resolution time, which improved 25% to a record 5.14 days from 6.9 days overall for all complaints resolved in July 2020.

About Financial Commission

Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages, exchanges and Blockchain firms that participate in global foreign exchange (forex), derivatives, CFD and digital asset markets.

The Financial Commission provides efficient compliance solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.

For more information please contact us at [email protected].

The Financial Commission has been notified by concerned traders regarding the companies and associated websites of Primetrade, Alpha24trade, Highoption, and Diamondforexoptions.

Upon reviewing the submitted information from potential customers of these brokers, the Financial Commission has determined that the indicated companies and associated websites may be used to scam and defraud traders and investors. As such, the Commission does not recommend to do business with any of the above-mentioned companies neither individuals purporting to represent these brokers on social media and in private messages on popular messaging apps. Given this information, Primetrade, Alpha24trade, Highoption, and Diamondforexoptions placed on the Financial Commission’s Warning List.

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July 28, 2020, The Financial Commission today announces execution certification for Samtrade FX, an approved member of the Commission using Verify My Trade, a “value-added” service launched several years ago to promote pricing and execution transparency in the Forex market.

Verified order execution quality

Following the launch of order execution verification with Verify My Trade (VMT) in September of 2018, Financial Commission broker members continue to apply for certification of their order execution quality as a step to increase transparency regarding execution speed and pricing.

Today, Samtrade FX becomes the latest Financial Commission member to have successfully completed the VMT certification, having satisfied all execution quality standards set out for all members of the Commission. Trades can now view the execution audit results for Samtrade FX directly on our website, by clicking here.

Check your broker’s status

All interested parties can now view the execution audit results for members of the Financial Commission using VMT certifications by visiting our Members page or the profile pages of brokers listed in our Members section. Certified brokers will be highlighted with a unique badge as displayed below.

By clicking on the badge users will navigate to a dedicated webpage for each broker that will indicate the last time an audit was performed, how many orders were analyzed, and whether the results satisfied the order execution standards established by VMT.

If you are interested in using the VMT service or would like more information, please reach out to us at [email protected].

About the Financial Commission

Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages, exchanges, and Blockchain firms that participate in global foreign exchange (forex), derivatives, CFD and digital asset markets.

The Financial Commission provides efficient compliance solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.

For more information please contact us at [email protected].

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.

About BalansFX

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].

July 7, 2020, The Financial Commission today announces execution certification for Gann Markets, an approved member of the Commission using Verify My Trade, a “value-added” service launched several years ago to promote pricing and execution transparency in the Forex market.

Verified order execution quality

Following the launch of order execution verification with Verify My Trade (VMT) in September of 2018, Financial Commission broker members continue to apply for certification of their order execution quality as a step to increase transparency regarding execution speed and pricing.

Today, Gann Markets becomes the latest Financial Commission member to have successfully completed the VMT certification, having satisfied all execution quality standards set out for all members of the Commission. Trades can now view the execution audit results for Gann Markets directly on our website, by clicking here.

Check your broker’s status

All interested parties can now view the execution audit results for members of the Financial Commission using VMT certifications by visiting our Members page or the profile pages of brokers listed in our Members section. Certified brokers will be highlighted with a unique badge as displayed below.

By clicking on the badge users will navigate to a dedicated webpage for each broker that will indicate the last time an audit was performed, how many orders were analyzed, and whether the results satisfied the order execution standards established by VMT.

If you are interested in using the VMT service or would like more information, please reach out to us at [email protected].

About the Financial Commission

Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages, exchanges, and Blockchain firms that participate in global foreign exchange (forex), derivatives, CFD and digital asset markets.

The Financial Commission provides efficient compliance solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.

For more information please contact us at [email protected].

The Financial Commission has been notified by concerned traders regarding the companies and associated websites of PROFXEXCHANGE, Bitfxtrades, Stock Trading Capital LTD, Royal Funds (White Rock Partners LTD), Digitalprofit247, MottoFX, and FXTRADES ONLINE.

Upon reviewing the submitted information from potential customers of these brokers, the Financial Commission has determined that the indicated companies and associated websites may be used to scam and defraud traders and investors. As such, the Commission does not recommend to do business with any of the above-mentioned companies neither individuals purporting to represent these brokers on social media and in private messages on popular messaging apps. Given this information, PROFXEXCHANGE, Bitfxtrades, Stock Trading Capital LTD, Royal Funds (White Rock Partners LTD), Digitalprofit247, MottoFX, and FXTRADES ONLINE placed on the Financial Commission’s Warning List.

Don’t miss the latest news and discussion on our Telegram channel. Subscribe today

June 23, 2020, The Financial Commission today announces execution certification for Garnet Trade, an approved member of the Commission using Verify My Trade, a “value-added” service launched several years ago to promote pricing and execution transparency in the Forex market.

Verified order execution quality

Following the launch of order execution verification with Verify My Trade (VMT) in September of 2018, Financial Commission broker members continue to apply for certification of their order execution quality as a step to increase transparency regarding execution speed and pricing.

Today, Garnet Trade becomes the latest Financial Commission member to have successfully completed the VMT certification, having satisfied all execution quality standards set out for all members of the Commission. Trades can now view the execution audit results for Garnet Trade directly on our website, by clicking here.

Check your broker’s status

All interested parties can now view the execution audit results for members of the Financial Commission using VMT certifications by visiting our Members page or the profile pages of brokers listed in our Members section. Certified brokers will be highlighted with a unique badge as displayed below.

By clicking on the badge users will navigate to a dedicated webpage for each broker that will indicate the last time an audit was performed, how many orders were analyzed, and whether the results satisfied the order execution standards established by VMT.

If you are interested in using the VMT service or would like more information, please reach out to us at [email protected].

About the Financial Commission

Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages, exchanges, and Blockchain firms that participate in global foreign exchange (forex), derivatives, CFD and digital asset markets.

The Financial Commission provides efficient compliance solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.

For more information please contact us at [email protected].

June 22, 2020, The Financial Commission today announces execution certification for 4xCube, an approved member of the Commission using Verify My Trade, a “value-added” service launched several years ago to promote pricing and execution transparency in the Forex market.

Verified order execution quality

Following the launch of order execution verification with Verify My Trade (VMT) in September of 2018, Financial Commission broker members continue to apply for certification of their order execution quality as a step to increase transparency regarding execution speed and pricing.

Today, 4xCube becomes the latest Financial Commission member to have successfully completed the VMT certification, having satisfied all execution quality standards set out for all members of the Commission. Trades can now view the execution audit results for 4xCube directly on our website, by clicking here.

Check your broker’s status

All interested parties can now view the execution audit results for members of the Financial Commission using VMT certifications by visiting our Members page or the profile pages of brokers listed in our Members section. Certified brokers will be highlighted with a unique badge as displayed below.

By clicking on the badge users will navigate to a dedicated webpage for each broker that will indicate the last time an audit was performed, how many orders were analyzed, and whether the results satisfied the order execution standards established by VMT.

If you are interested in using the VMT service or would like more information, please reach out to us at [email protected].

About the Financial Commission

Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages, exchanges, and Blockchain firms that participate in global foreign exchange (forex), derivatives, CFD and digital asset markets.

The Financial Commission provides efficient compliance solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.

For more information please contact us at [email protected].

 

June 15th, 2020, The Financial Commission today announces its successful participation in the Virtual Vision Finance 2020 conference, which took place online Wednesday, June 10th. The organization’s representatives met virtually with representatives of brokers and fintech providers to discuss how the Commission is helping thousands of traders and brokers amid elevated market volatility and Covid-19 pandemic disruptions.

 

The organization’s COO, Nikolai Isayev, also presented an on-demand video workshop about increasing revenues with customer satisfaction in today’s challenging times, which is now available on Financial Commission’s Youtube Channel.

According to Ultimate Fintech, the event’s organizer, the event generated over 11,000 virtual booth visits and 2,000 content views from attendees. Financial Commission staff spoke with some of the attendees representing fintech and liquidity providers to discuss the impact of recent financial market movements on traders and brokers.

Nikolai Isayev, COO of the Financial Commission commented that: “this unique event gave us the opportunity to network with our industry colleagues in a completely new format, which actually turned out great. It was important for us to exchange feedback on the major trends in our industry, as they are quickly evolving in light of what is happening in financial markets and the global economy. We hope to see everyone in person later this year to continue our efforts in protecting traders and ensuring transparency for our industry.”

About Financial Commission

Founded in 2013, the Financial Commission is a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages, exchanges and Blockchain firms that participate in global foreign exchange (forex), derivatives, CFD and digital asset markets.

The Financial Commission provides efficient compliance solutions to its members, alongside its External Dispute Resolution (EDR) mechanism that serves as an effective channel for processing complaints from clients of member firms.

For more information please contact us at [email protected].

The Financial Commission has been notified by concerned traders regarding the companies and associated websites of MyCryptoInvestment24, InvestoTrades, StallionWings, My UNIFX, Atom Fx Pro, and an individual mimicking the representative of the Financial Commission Lam Chi Wan Yvonne.

Upon reviewing the submitted information from potential customers of these brokers, the Financial Commission has determined that the indicated companies and associated websites may be used to scam and defraud traders and investors. As such, the Commission does not recommend to do business with any of the above-mentioned companies neither individuals purporting to represent these brokers on social media and in private messages on popular messaging apps. Given this information, MyCryptoInvestment24, InvestoTrades, StallionWings, My UNIFX, Atom Fx Pro, and an individual mimicking the representative of the Financial Commission Lam Chi Wan Yvonne placed on the Financial Commission’s Warning List.

Don’t miss the latest news and discussion on our Telegram channel. Subscribe today!

June 8th, 2020, The Financial Commission, today announces Deriv.com and its associated brand Binary.com as its newest approved Members. The companies become the 47th and 48th brokers 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.

Deriv.com and Binary.com status as an Approved Broker Members of the Financial Commission took effect on June 8th, 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.

Deriv.com and Binary.com join 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 Deriv.com

Deriv.com, previously known as Binary.com, is an online trading service provider with over 20 years of experience in the industry. Its clients can trade over 100 assets composed of currency pairs, stock indices, commodities, and synthetic indices on 4 trading platforms: DTrader, SmartTrader, DBot, and Deriv MetaTrader 5 (DMT5).

Deriv.com is owned by Deriv Ltd, with offices in Malaysia, Malta, Paraguay, and the UAE.

For more information about Deriv.com, contact them at [email protected]

About Binary.com

Founded in 1999, Binary.com is one of the oldest and most respected names in online binary trading. Created with the mission to make online trading accessible to the masses, its 1 million customers can trade currencies, stock indices, commodities, and synthetic indices 24/7 on an array of platforms created for both beginner and experienced traders.

Binary.com is owned and operated by Deriv Limited.

For more information about Binary.com, 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].