Financial Commission Adds Forex4you as its Latest Member

The Financial Commission, an independent external dispute resolution (EDR) organization for the foreign exchange (Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term) industry, announced this Tuesday that it had added Forex4you as its newest approved member.

Forex4you is a forex broker based in the British Virgin Islands established in 2007. The broker’s membership to the organization has taken effect today, the 22nd of October. Due to its status, customers of the firm now have access to the Financial Commission’s protection services.

The EDR organization providers brokerages and their clients with a third party mediation platform that helps to resolve issues when the separate parties are unable to come to an agreement themselves.

One of the agency’s services includes protection for up to €20,000 per the submitted complaint, which is backed by its compensation fund. In its own words, the Financial Commission provides a “simpler, swifter resolution process” than going through the typical regulatory channels.

“Forex4you joins a diverse range of brokerages and independent services providers (ISPs) that utilize the services of the Financial Commission and as part of their commitment to their clients while upholding membership requirements,” the statement released today said.

According to the company’s website, Forex4you does not provide its services for customers in a number of countries. These include users based in the European Economic Area (EEA), Australia, the United States, Canada, and Japan. The company is a trademark of E-Global Trade & Finance Group, Inc.

Members of the Financial Commission

Members of the Financial Commission include forex, contract-for-difference (CFD) brokers, as well as companies operating in the cryptocurrency space. The Financial Commission is constantly adding new members to its EDR service.

As Finance Magnates reported, the agency recently added Trade99, a provider of a leveraged cryptocurrency-based asset Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, as an A-category member. In addition, earlier this year in March, the agency approved DealFX, an online brokerage, as an A-category member.