The Financial Commission, the first dedicated Forex dispute resolution organization, is pleased to announce the newest member of the organization, MFX Broker (Formerly MasterForex). The Commission was formed to provide traders with an alternative to legal or regulatory proceedings for resolving Forex related disputes with broker members of the Financial Commission.
Commenting on the membership in the committee, Financial Commission Chairman Peter Tatarnikov said, “We are proud to add MFX Broker to our growing membership. We feel this will provide their clients a fair and convenient way to voice any complaints they may have. The Financial Commission also has confidence that the members of the Dispute Resolution Committee will be able to resolve any complaints in a manner that is fair for both the trader and the broker.”
Also commenting on joining the Financial Commission, MFX Broker CEO Igor Volkov said, “We feel that the Financial Commission is providing an essential service to the Forex industry and we want to offer this service to any of our clients who may need it. As we continue to grow as a company we feel we will continue to excel at meeting our client’s needs and providing them with an excellent Forex Trading experience.”
The Financial Commission feels that a well-functioning alternative dispute resolution process in the Forex industry will encourage traders to seek solutions to the problems they encounter when trading in the Forex market. This will help both the trader and the broker save time and resources which can be better spent elsewhere. In addition, an efficient alternative dispute resolution process will help boost trader confidence in their broker, as well as in the Forex industry. The Financial Commission is open for membership to brokers across the world and plans to hear disputes from traders of all monetary value.
The Financial Commission features a Dispute Resolution Committee (DRC) comprised of senior members in the Forex industry. The DRC members include Carl Elsammak, CEO Kammas Trading; Ilan Azbel, CEO Autochartist; Francesc Riverola, Founder FXStreet, Simon Grunfeld, Partner Stone Street Solutions, Andrew Ralich, Co-Founder oneZero Solutions, Lior Nabat, CEO Tradency, and Ilya Sorokin, CEO Act Forex. The DRC members bring diverse backgrounds, strong legal skills and extensive experience to the role. This experience will enable the DRC to review and resolve disputes providing both the broker and trader an amicable solution to any issues that arise in the course of Forex trading.
Interested parties can contact the Financial Commission at: https://www.financialcommission.org or via email info@financialcommission.org
