Financial Commission Certifies FX and Binary Technology Provider, UpTrader

The Financial Commission (FinaCom), an independent self-regulatory compliance specialist for the financial services industry, has announced the certification of UpTrader to its growing membership, per a FinaCom statement.

The Financial Commission exists as an industry-focused dispute resolution service, with its Dispute Resolution Committee (DRC) serving as the group’s paramount regulatory body in all circumstances. The DRC is staffed by executives from leading companies in the financial services industry with the aim of resolving trader-broker conflicts.

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UpTrader is a technology provider, providing solutions for both foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) and binary options brokerages. The group also offers a multitude of custom solutions and modules for brokers, including CRM and social trading capabilities. The certification of UpTrader follows a lengthy review by the Financial Commission.

The review focused on UpTrader’s web solutions, making sure that they ensure and meet the technical information requirements imposed by the Commission’s technology certification evaluation process.

According to Financial Commission Chairman Peter Tatarnikov in a statement on the certification: “In order to provide traders with fair dispute resolution we must fully understand their system’s construction and working process. UpTrader’s web solutions for brokerages are the latest technology certified by the Financial Commission.”

“We will be happy to see more software providers certifying their products with us. Today we gladly announce successful certification of UpTrader’s brokerage technology and believe it is a great step to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term its credibility and grow its business globally,” he added.