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Retail FX
Financial Commission Approves IUX Markets for Membership and Customer Protection
2024-11-07T12:22:07.527+02:00
As a member, IUX clients gain access to services including protection for complaints up to €20K.
The Financial Commission offers an independent platform for resolving disputes in forex, CFDs, and crypto markets.
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Retail FX
Financial Commission Drops DeltaFX from Membership over “Rule Violations”
2024-11-01T11:22:49.887+02:00
The firm’s clients can no longer claim compensation through the Financial Commission.
The Compensation Fund is available only to members' clients, based on the Committee's rulings.
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Retail FX
Neex Signs On with FinCom as Approved Broker Member for Dispute Resolution
2024-10-03T16:37:44.829+02:00
Under this membership, FinCom will provide Neex's clients up to €20,000 protection per complaint.
The organization recently appointed Aytugan Khafizov to its Dispute Resolution Committee.
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Retail FX
PU Prime Gains Financial Commission Membership, Increasing EDR Services
2024-07-16T15:52:24.560+02:00
The firm's customers have access to various benefits, including protection of up to €20,000 per complaint.
Founded in 2016, it offers trading in over 900 products, including forex, indices, commodities, shares, bonds, and ETFs.
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Retail FX
Financial Commission Membership Expands Vantage Trading's Service Portfolio
2024-07-09T12:57:43.027+02:00
Membership grants Vantage Trading and clients access to up to €20,000 per complaint.
The Financial Commission provides mediation services as an alternative to traditional processes.
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Executives
FinCom Bolsters DRC by Onboarding FastMT CEO
2024-05-28T14:02:54.586+02:00
Aytugan Khafizov's experience, with roles at Alpari and MetaQuotes, highlights his industry expertise.
FastMT aids brokers in improving trading systems, showcasing focus on advancing industry technology.
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Retail FX
Swift Trader Enters Financial Commission's Fold as Approved Member
2024-05-14T11:25:50.231+02:00
The firm gains access to a range of services, including €20,000 protection per complaint.
The Financial Commission offers a resolution process for approved members and their clients.
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Retail FX
Orfinex Adds Financial Commission's Membership for Dispute Resolution
2024-04-18T14:36:42.139+02:00
The firm can now leverage mediation and reinforce regulatory compliance and client support.
The company is regulated by the Financial Sector Conduct Authority in Australia.
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Retail FX
Financial Commission Welcomes Fusion Markets and Ultima Markets as Approved Broker
2024-03-06T17:29:45.621+02:00
Fusion Markets has become a member on March 6th, while Ultima Markets joined on March 4th.
Clients of both firms now have access to services and benefits, including €20,000 protection per complaint.
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Retail FX
Alert: Financial Commission Probes Impersonation Scam Targeting Traders
2024-02-16T13:03:19.603+02:00
Scammers mimic legitimate digital wallets to deceive victims into paying for services.
The organization doesn't cold-call or email traders, nor use messengers or issue letters of guarantee.
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Retail FX
VT Markets Joins Financial Commission in Response to Rising Dispute Resolution Needs
2024-01-30T15:17:13.585+02:00
This approval followed a growing demand for independent external dispute resolution services in the FX industry.
VT Markets' membership provides access to €20,000 protection per complaint from the Commission's compensation fund.
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Retail FX
Vittaverse Joins Financial Commission amid Growing EDR Demand in FX
2024-01-18T13:26:42.145+02:00
Clients can access Financial Commission services, including €20,000 protection per complaint.
As of January 18, Vittaverse officially holds the status of an approved broker member of the Financial Commission.
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CryptoCurrency
JPEX's Legal Woes Could Signal Trouble for Hong Kong Crypto
2023-09-19T10:50:34.994+02:00
HK authorities have arrested six people linked to an unlicensed cryptocurrency exchange.
The SFC has flagged complaints against JPEX involving more than $127.9 million in losses.
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Retail FX
Canada's CSA Removes Financial Commission from 'Investor Alert' List
2023-08-29T14:00:09.910+02:00
FinCom's name appeared on CSA's warning list on 20 June, which seemed to be a mistake.
The organization offers dispute resolution services and has many reputed brokers as members.
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Retail FX
Scam Website Adopts FinCom's Trademarks to Defraud the Public
2023-08-03T10:09:36.088+02:00
The fraudulent website illegally copied the details of some of FinCom's members.
It fraudulently names Finance Magnates as a partner.
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Retail FX
Financial Commission Responds to Canadian Watchdog's Investor Warning
2023-06-21T13:29:31.233+02:00
Brokers like Exness, Pepperstone, and IC Markets are members of the Financial Commission.
The organization is struggling with clones.
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Retail FX
FinCom Discontinues BalansFX Membership over Compliance Failure
2023-05-31T15:34:26.926+02:00
BalansFX became an approved member of FinCom in July 2020.
Meanwhile, FinCom warned against TresorFX, a platform recently flagged by the FCA.
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Retail FX
Financial Commission Warns against Clone Website
2023-03-31T12:15:55.687+02:00
The clone website listed expelled brokers as FinCom members.
FinCom has already filed complaints against the clone website.
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Retail FX
Financial Commission Expels FX/CFDs Broker Bold Prime as a Member
2023-02-09T13:05:51.691+02:00
Bold Prime became a FinCom member last August.
The organization expelled a few other members while adding many.
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Retail FX
FinCom Approves Vida Markets' Membership, Withdraws IdealFX’s
2023-01-12T18:39:06.154+02:00
Vida Markets' membership took effect on December 12, 2022.
IdealFX ceased to be a FinCom member late last year.
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Brokers
Offshore FX Broker ThreeTrader Becomes Financial Commission Member
2023-01-11T12:50:00.780+02:00
The brokerage offers retail counterparty trading services with a Vanuatu license.
The broker's clients will get €20,000 in deposit protection and dispute mediation services.
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Brokers
Financial Commission Adds TMGM as a Member Broker
2022-10-04T09:05:04.004+02:00
The self-regulator now has 42 FX and CFDs brokers as members.
It has also expelled a few brokers this year.
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Brokers
Financial Commission Expels Fiber Markets as a Member for Contract Breach
2022-09-09T11:48:14.848+02:00
The membership came to an end on 7 September.
Clients of Fiber Markets will stop receiving any services offered by FinCom.
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Retail FX
LordFX Has Been Expelled from the Financial Commission
2022-08-24T18:06:01.037+02:00
LordFX has violated the membership rules and guidelines.
The Financial Commission's quarterly report shows complaints against brokers have increased.
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Brokers
Fullerton Markets Becomes Broker Member of FinCom
2022-08-23T18:47:34.167+02:00
The broker’s approved membership status took effect on Monday.
FinCom has accepted as least three brokers as members this year.
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