FinaCom PLC, operator of FinancialCommission.org, the industry driven neutral mediator serving the online foreign exchange and binary options industry, today announced its newest member firm- MTrading.com operated by ServiceCom Ltd.
The Financial Commission is an industry specialized and tailored service for financial trading firms, providing a cost effective and efficient method to trade and settle disputes between online market participants via firms holding membership status with the commission.
The membership status of MTrading in the Financial Commission is effective as of September 1st, 2014, following the approval of their membership application by FinaCom PLC’s board.
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Commenting on the new membership approval, Financial Commission Chairman, Peter Tatarnikov said: “We are glad to welcome MTrading as our newest member, and believe it’s a great step for the broker as well, as it seeks to leverage its regulatory licenses and grow its business globally.”
The Belize regulated broker is joining the growing list of members who have obtained membership status with the Financial Commission in order to provide customers with unbiased advice in resolving escalated complaints which customers cannot resolve directly with their broker.
The commission said the organization’s efficient dispute resolution process, aided by a committee of recognized forex industry professionals, provides a value add to the brokers, such as MTrading, which became a member of the Financial Commission.
MTrading’s CEO, Maxim Petrov, commented on the approval: “Even after obtaining regulatory approval in Belize, we expect that by joining the Financial Commission MTrading will continue to strengthen our value proposition to our customers even more, using a neutral 3rd party.”