September 29, 2020, The Financial Commission today announces execution certification for CapitalXtend, 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, CapitalXtend 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 CapitalXtend 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.

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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