Financial Commission Approves Capital Level, Kappa Brokers as Latest Members
Both groups have been approved as Category A members following a lengthy certification process.
The Financial Commission (FinaCom) has announced the addition of Capital Level and Kappa Brokers as its latest approved members. The approval followed a lengthy certification process, which will now see both Capital Level and Kappa Brokers obtain Category A membership.
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FinaCom is an independent self-regulatory compliance specialist for the financial services industry. The group’s growing membership includes approved venues that constitute certifiable operations, as approved by FinaCom PLC’s board. Membership bestows a range of benefits, affording a given company and its customer base access to services and protection for up to €20,000 per submitted complaint, backed by FinaCom’s compensation fund.
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In addition, FinaCom’s approved members and their clients also help facilitate a more streamlined and easy resolution process than other alternatives offered via typical regulatory channels such as arbitration or local court systems. Per the latest approval, both Capital Level and Kappa Brokers’ clients are now entitled to these benefits.
Capital Level offers a wide range of execution services, following a NDD (no dealing desk) business model. The execution of its clients’ orders are fully automated, with a diverse suite of offered instruments. This includes FX currency pairs, US stocks, US commodities, US indices, and precious metals, all available for trading on the MetaTrader 5 platform.
Kappa Brokers is a retail brokerage offering MetaTrader 5, which covers over forty FX currency pairs, indices, shares, commodities, CFDs, gold and silver for a variety of personal investment and trading options.
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