The FinancialCommission News
Financial Commission Announces PrimeXBT as Latest Approved Member
Nisan 23, 2024
The Financial Commission today announces PrimeXBT 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. PrimeXBT status as an Approved Broker Members of the...
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Financial Commission Announces Orfinex as Latest Approved Member
Nisan 17, 2024
The Financial Commission today announces Orfinex 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. Orfinex status as an Approved Broker Members...
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Financial Commission Announces Strifor as Latest Approved Member
Mart 14, 2024
The Financial Commission today announces Strifor 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. Strifor status as an Approved Broker Members of...
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Financial Commission Announces OT Platform as Latest Approved Member
Mart 8, 2024
The Financial Commission today announces OT Platform 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. OT Platform status as an Approved...
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Financial Commission Announces Fusion Markets as Latest Approved Member
Mart 6, 2024
The Financial Commission today announces Fusion Markets 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. Fusion Markets status as an Approved Broker Members of...
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Financial Commission Announces Ultima Markets as Latest Approved Member
Mart 4, 2024
The Financial Commission today announces Ultima Markets 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. Ultima Markets status as an Approved Broker Members...
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The Financial Commission Warns of Fake Representative Scams Targeting Victims of...
Şubat 15, 2024
The Financial Commission, a leading external dispute resolution (EDR) forum catering to the financial services industry, issues an update on its investigation of a recently uncovered scam when fake representatives mimicked The Financial Commission to defraud traders and extort money. The Financial Commission previously warned the public regarding this group of fake...
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Financial Commission Announces Alpari and FXTM Membership Withdrawn
Şubat 6, 2024
The Financial Commission today announces that the membership status of Alpari and FXTM has ceased following a voluntary withdrawal. Alpari and FXTM have been members of the Financial Commission up until 27 January 2024, when their membership was effectively withdrawn. The Financial Commission notes that it will not be able to process...
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Financial Commission Appoints Opal J.Y. Yang to its Dispute Resolution Committee...
Ocak 31, 2024
The Financial Commission, a leading external dispute resolution (EDR) forum catering to the financial services industry announces the appointment of Ms. Opal Yang Founder and CEO of New Direction Solution to its Dispute Resolution Committee (DRC). Enhancing the DRC structure Ms. Yang is the 36th member industry expert to join the Financial...
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Financial Commission Announces VT Markets as Latest Approved Member
Ocak 30, 2024
The Financial Commission today announces VT Markets 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. VT Markets status as an Approved Broker Members of...
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Financial Commission Publishes 2023 Annual Summary Highlighting Continued Membership Growth Amid...
Ocak 29, 2024
The Financial Commission today announces the results of its operations for the previous year with the publication of the 2023 Complaints Summary. The forum achieved significant growth in several key metrics, including amounts sought, awarded to traders, as well as complaints values during the year, while improvements in streamlining complaints submissions at...
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Financial Commission Announces Vittaverse as Latest Approved Member
Ocak 18, 2024
The Financial Commission today announces Vittaverse 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. Vittaverse status as an Approved Broker Members...
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Financial Commission Announces Vida Markets Membership Withdrawn
Aralık 29, 2023
The Financial Commission today announces that the membership status of Vida Markets has ceased following a voluntary withdrawal. Vida Markets had been a member of the Financial Commission up until December 29th, 2023, when its membership was effectively withdrawn. The Financial Commission notes that it will not be able to process any...
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The Financial Commission Warns of Fake Representatives Scam
Aralık 15, 2023
The Financial Commission, a leading external dispute resolution (EDR) forum catering to the financial services industry, warns the public regarding fake representatives mimicking the Financial Commission to defraud customers of forex brokers and provide illegal services. The Financial Commission was recently contacted with information from the public regarding a group of individuals...
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Financial Commission Warns of Trading Licenses Scam Using Fake Certificates
Aralık 1, 2023
The Financial Commission, a leading independent, non-governmental self-regulatory organization and external dispute resolution (EDR) forum, warns the public regarding unknown individuals offering so-called “trading licenses” using fake Financial Commission certificates. The Financial Commission was recently informed that unknown individuals operating the website https://milionaireflix.com/ and using the email address [email protected] are offering fake...
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Scam ALERT: Eplanet Brokers Added to Warning List
Nisan 24, 2024
Concerned traders have notified the Financial Commission regarding the company Eplanet Brokers and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission...
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Scam ALERT: TitanFX Clone Website Added to Warning List
Nisan 19, 2024
The Financial Commission has been notified by concerned traders regarding the clone website of TitanFX (the website IS NOT affiliated with TitanFX) Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated website may be used to scam and defraud traders and investors....
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Scam ALERT: Related Invest Added to Warning List
Nisan 18, 2024
Concerned traders have notified the Financial Commission regarding the company Related Invest and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission...
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Scam ALERT: LKY Trade LTD Added to Warning List
Nisan 12, 2024
Concerned traders have notified the Financial Commission regarding the company LKY Trade LTD and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such,...
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Scam ALERT: LLoyds Markets Added to Warning List
Nisan 11, 2024
Concerned traders have notified the Financial Commission regarding the company LLoyds Markets and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the...
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Scam ALERT: Traderium Added to Warning List
Nisan 10, 2024
Concerned traders have notified the Financial Commission regarding the company Traderium and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission...
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Scam ALERT: OlympTrade Clone Website Added to Warning List
Nisan 5, 2024
The Financial Commission has been notified by concerned traders regarding the clone website of Olymp Trade (the website IS NOT affiliated with Olymp Trade) Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated website may be used to scam and defraud traders and...
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Scam ALERT: Binomex Added to Warning List
Nisan 3, 2024
Concerned traders have notified the Financial Commission regarding the company Binomex and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does...
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Scam ALERT: GlobalAlphaFxPro Added to Warning List
Nisan 2, 2024
Concerned traders have notified the Financial Commission regarding the company GlobalAlphaFxPro and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does not...
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Scam ALERT: SuperForex Added to Warning List
Nisan 1, 2024
Concerned traders have notified the Financial Commission regarding the company SuperForex and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does not...
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Scam ALERT: GlobalFoxTrade Added to Warning List
Mart 29, 2024
Concerned traders have notified the Financial Commission regarding the company GlobalFoxTrade and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does...
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Scam ALERT: FBSTraders Added to Warning List
Mart 27, 2024
Concerned traders have notified the Financial Commission regarding the company FBSTraders and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does...
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Scam ALERT: Comert Added to Warning List
Mart 26, 2024
Concerned traders have notified the Financial Commission regarding the company Comert and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does...
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Scam ALERT: Bairun Global Added to Warning List
Mart 25, 2024
Concerned traders have notified the Financial Commission regarding the company Bairun Global and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission does...
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Scam ALERT: Financial Horizon Added to Warning List
Mart 22, 2024
Concerned traders have notified the Financial Commission regarding the company Financial Horizon and its associated website. Upon reviewing the submitted information from potential customers of this broker, the Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors. As such, the Commission...
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Vantage Markets Reports on Impact of US$100,000 Donation to UNHCR
Nisan 26, 2024
In May 2023, Vantage Markets donated US$100,000 to the UN Refugee Agency (UNHCR) to assist in the protection and resettlement of refugees and stateless individuals in Australia. Vantage Markets has now provided an update on the significant effects of their financial support. The brokerage firm noted that the Australian Government has issued...
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Lion Introduces AI-Enhanced Multi-Currency Trading Accounts
Nisan 24, 2024
Lion Group has unveiled its new multi-currency trading account services enhanced by AI technology, as announced by the comprehensive trading platform. This online brokerage offers a diverse range of products and services, including total return service (TRS) trading, contract-for-difference (CFD) trading, over-the-counter (OTC) stock options trading based in Hong Kong, along with...
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CySEC Removes Leverate from Investor Compensation Fund Membership
Nisan 23, 2024
Clients of firms no longer covered by CySEC's safeguarding program are still eligible for protection under the Investor Compensation Fund (ICF). This fund aims to secure the claims of eligible clients and provides compensation if a member fails to meet its financial commitments. Cyprus's leading regulatory body has clarified that “under paragraph...
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Public Completes Acquisition of Stocktwits’ TradeApp Investment Accounts
Nisan 22, 2024
Public has finalized an agreement to acquire the TradeApp investment accounts from Stocktwits. Following this acquisition, Stocktwits will focus on enhancing its core offerings, including community engagement and real-time discussions on earnings and cryptocurrencies. This strategic move will see tens of thousands of Stocktwits' brokerage customers transitioning to the Public investment platform,...
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Malaysian Traders to Pioneer Revamped Global Trading Platform OctaTrader
Nisan 19, 2024
Malaysian traders are set to be the first beneficiaries of the enhanced OctaTrader, a global financial platform that has been redesigned to offer an integrated, all-in-one trading solution. This newly revamped platform simplifies the trading process by combining all aspects of the client journey into a single, cross-device application, delivering a seamless...
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Vantage Markets Launches Educational Podcast on Spotify
Nisan 18, 2024
Vantage Markets, a leading multi-asset broker, has expanded its educational offerings by launching a new podcast on Spotify, aligning with its brand strategy to provide added value to its audience. This initiative is part of the broader Vantage Academy effort to support traders at all levels—from novice to expert. The Vantage Markets...
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Vantage Markets Awarded “Most Innovative Broker” by FX Broker Tester
Nisan 17, 2024
Vantage Markets has been recognized as the "Most Innovative Broker" by FX Broker Tester (FXBT), marking a significant milestone in its commitment to enhancing the trading experience in the financial industry. FXBT, a platform that evaluates forex brokers based on their fees, technology, customer support, and safety, awarded Vantage for its exceptional...
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Plus500 Q1 Performance Highlights: Modest Revenue Growth and Strategic Expansions
Nisan 16, 2024
In the first quarter of 2024, Plus500 continued to enhance its product offerings and technological capabilities, which contributed to a modest increase in revenue. The company's financial performance also saw a slight uptick, with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reaching $102.6 million, marking a 2% increase from the previous...
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RoboMarkets Continues as BMW M Motorsport’s Trusted Partner Through 2024-2025 DTM...
Nisan 15, 2024
RoboMarkets, a well-established European brokerage firm, is proud to announce the extension of its partnership with BMW M Motorsport for the upcoming 2024-2025 DTM seasons. The renewal reinforces the longstanding collaboration, promising to bring a fresh and engaging experience to the motorsport arena. As the DTM (Deutsche Tourenwagen Masters) series prepares to...
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Axi Strengthens Market Presence in Brazil Through Extended Sponsorship of Esporte...
Nisan 12, 2024
Axi has renewed its sponsorship with Brazilian soccer club Esporte Clube Bahia, reinforcing its strategy to broaden its footprint in Brazil and engage with the country's burgeoning consumer base. Recognizing Brazil as the fifth-largest nation globally by population and a country with a deep passion for soccer, Axi sees this partnership as...
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Australian Court Initiates Liquidation Process for Prospero Markets Following ASIC Application
Nisan 11, 2024
An Australian court has mandated the liquidation of Prospero Markets, acting on a petition from the Australian Securities and Investments Commission (ASIC). ASIC's request was based on various concerns regarding Prospero's management practices and adherence to financial service commitments. The move to liquidate Prospero stemmed from its failure to comply with the...
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VT Markets’ Premier Event at the Monaco E-Prix
Nisan 10, 2024
VT Markets, a leading global multi-asset broker, is set to host its largest event to date - a special three-day event in Monaco, where their principal partner, the Formula E team Maserati MSG Racing, is based. Scheduled from April 25th to April 27th, this exclusive event invites select VIP guests, partners, and...
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SquaredFinancial Enhances Partnership Offers and Launches New Website for Partner Engagement
Nisan 9, 2024
In a bid to expand its presence in emerging markets and territories, SquaredFinancial has revamped its partnership incentives, strengthening collaboration ties. This effort is complemented by the debut of a redesigned, multilingual partner-centric website. The platform delivers an immersive, user-friendly experience with a contemporary design, ensuring seamless interaction for partners with the...
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Exness Enhances Its Presence in Latin America Through Strategic Partnership with...
Nisan 8, 2024
This collaboration aims to strengthen Exness’s position in the dynamic Latin American market by leveraging the widespread appeal of renowned football clubs like Real Madrid, Barcelona FC, and Atletico Madrid. By tapping into LaLiga’s substantial fan base in Latin America, this alliance is expected to improve Exness’s market reach and brand visibility...
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Exness Sees Over 70,000 New Accounts in March, Client Base Exceeds...
Nisan 5, 2024
In March 2024, Exness, a multi-regulated trading platform, reported handling $3.85 trillion in trading volume. This represents a 9 percent increase from February's $3.53 trillion. The trading volume for March remained stable compared to the previous year's $3.88 trillion, showing a slight year-over-year decline. The increase in trading activities on Exness coincides...
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