The FinancialOctober 14th, 2016 – Hong Kong & New York: Financial Commission, a leading External Dispute Resolution (EDR) organization operated by FinaCom PLC and catering to the online brokerage industry, today announces that NPBFX has upgraded its membership status to Category A.
NPBFX had originally joined Financial Commission as a category B member in November 2015, and recently upgraded its membership status to Category A effective October 6th 2016, following approval by Financial Commission.
As a category A member, NPBFX and its customers are currently entitled to a wider range of services and membership benefits including protection for up to $20,000 per case from Financial Commission’s compensation fund.
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.
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Through its Belize-regulated entity NPBFX Limited, licensed by the International Financial Services Commission (IFSC) of Belize, NPBFX offers Forex traders the MetaTrader4 (MT4) platform, as listed on www.npbfx.com.
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Peter Tatarnikov, Financial Commission Chairman commented, “We are pleased to announce NPBFX has upgraded its membership with the Financial Commission from Category B to Category A status.”
“Category A members and their clients are provided a broader range of benefits and upgrading from Category B is often a natural progression for firms as they expand or as a larger number their clients utilize the services of the Financial Commission.”
Financial Commission was founded to provide traders and brokerages a new approach for resolving issues that arise in the course of trading electronic markets such Foreign Exchange, CFDs, Binary Options and related derivatives, in addition to certifying technology platforms used for trading. For more information on our services and membership requirements, please contact us at [email protected]