The Financial Commission announced today that IUX Markets has become its newest approved Member. This status took effect on November 6, 2024, following approval of IUX's membership application.
IUX Markets Joins Financial Commission
As an Approved Broker Member, IUX Markets and its clients can now access various services and benefits, including protection of up to €20,000 per submitted complaint, supported by the Financial Commission's Compensation Fund.
IUX Markets is a global financial services provider offering a variety of trading instruments, such as forex , commodities, indices, and CFDs. The company focuses on technology, security, and transparency in its services.
The Financial Commission offers an independent dispute resolution service for brokers and clients in markets like forex, CFDs, and cryptocurrency. This platform facilitates quicker resolutions than traditional legal processes such as arbitration or courts.
“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,” the organization stated.
IUX Markets joins a range of other brokerages and service providers that use the Financial Commission's services to address customer complaints and meet membership obligations .
Neex and PU Prime Join Financial Commission
The Financial Commission has recently announced two new approved members, Neex and PU Prime, highlighting the demand for independent external dispute resolution services in the FX industry.
Neex, an online brokerage offering a range of financial instruments including forex, indices, and commodities, gained approved status on October 3, 2024, as reported by Finance Magnates. This membership provides Neex and its customers access to various benefits.
Similarly, PU Prime, which became an approved member on July 16, 2024, also offers its clients access to services such as protection up to €20,000 per submitted complaint, supported by the Financial Commission's Compensation Fund. Both additions reflect the trend towards utilizing EDR services in the sector.
