The FinancialThe Financial Commission today announces FXON as its newest approved Member. The company becomes the latest online brokerage to join the ranks of the self-regulatory forum, highlighting the increased interest and demand for independent external dispute resolution (EDR) services among FX industry participants.
FXON status as an Approved Broker Member of the Financial Commission took effect on January 20th, 2025, following the approval of its membership application by the Financial Commission, thus allowing the company 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.
FXON joins a diverse range of brokerages and independent service providers (ISPs) that utilize the services of the Financial Commission as part of their commitment to their clients while upholding membership requirements.
About FXON
FXON’s vision is to “create the norm for the future of trade.” As an innovative FX broker, the company is constantly evolving to pioneer the next generation of trading experiences. FXON goes beyond simply providing a trading environment, relentlessly pursuing the ideal global trading experience for every trader.
By integrating MetaTrader 4 and MetaTrader 5, FXON offers some of the industry’s lowest spreads and ultra-fast execution. Additionally, FXON makes its proprietary advanced trading data publicly available, empowering sophisticated analysis and strategic decision-making.
Operating under the regulation of the Seychelles Financial Services Authority (FSA) and offering 24/7 support, the broker aims to deliver convenience and peace of mind to traders at all levels.
Looking ahead, FXON is dedicated to setting new standards and exploring unlimited possibilities alongside traders striving for global success.
For more information, please contact FXON directly.
About Financial Commission
The Financial Commission is an independent external dispute resolution (EDR) forum for consumers/traders who are unable to resolve disputes directly with their financial services providers who 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].