Financial Commission Adds Inveslo as the Newest Broker Member
- Inveslo was founded last year and is registered in Kazakistan.
- Funds of each of the clients of the broker will receive protection of up to €20,000.
The Financial Commission (FinCom), a self-regulatory organization in the financial services space, announced that it has added Inveslo as a newly approved member, effective from February 10.
Inveslo is a new name in the forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term and contracts for differences (CFDs) industry that came into existence last year. The broker, which is registered and licensed in Kazakhstan, was founded by industry veteran Farrukh Adeeb, who was formerly the Business Head at FXTM.
Self-Regulatory Services
As a FinCom member, Inveslo will receive a wide range of services and benefits, but the most important one being fund protection of up to €20,000 per client, which is backed by the Financial Commission’s Compensation Fund.
Additionally, the Financial Commission gained traction for providing third-party mediation services in case of any dispute between the broker and customers, a service Inveslo will also receive.
“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 official announcement stated.
“For approved members and their clients participating in CFDs, 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 (forex) and cryptocurrency markets, the Financial Commission helps facilitate a simpler swifter resolution process than through typical regulatory channels such as arbitration or local court systems.”
Over the years, demand for FinCom’s services exploded as many big broker brands like IC Markets and Exness joined the self-regulatory organization as members. Furthermore, it highlighted the increased interest and demand for independent external dispute resolution (EDR) services among FX industry participants.
Last year, FinCom partnered with GetID, an identity verification service, thus enhancing services for its member brokers.
The Financial Commission (FinCom), a self-regulatory organization in the financial services space, announced that it has added Inveslo as a newly approved member, effective from February 10.
Inveslo is a new name in the forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term and contracts for differences (CFDs) industry that came into existence last year. The broker, which is registered and licensed in Kazakhstan, was founded by industry veteran Farrukh Adeeb, who was formerly the Business Head at FXTM.
Self-Regulatory Services
As a FinCom member, Inveslo will receive a wide range of services and benefits, but the most important one being fund protection of up to €20,000 per client, which is backed by the Financial Commission’s Compensation Fund.
Additionally, the Financial Commission gained traction for providing third-party mediation services in case of any dispute between the broker and customers, a service Inveslo will also receive.
“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 official announcement stated.
“For approved members and their clients participating in CFDs, 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 (forex) and cryptocurrency markets, the Financial Commission helps facilitate a simpler swifter resolution process than through typical regulatory channels such as arbitration or local court systems.”
Over the years, demand for FinCom’s services exploded as many big broker brands like IC Markets and Exness joined the self-regulatory organization as members. Furthermore, it highlighted the increased interest and demand for independent external dispute resolution (EDR) services among FX industry participants.
Last year, FinCom partnered with GetID, an identity verification service, thus enhancing services for its member brokers.