The Financial Commission has approved FP Trading as its newest member, the organization announced today (Monday).
The Financial Commission recently added RA Prime as a member. Other firms that have joined the organization include FP Markets, OneRoyal, FXON, and GTCFX. Neex, which provides trading in forex, indices, and commodities, has also joined the commission.
Separately, the commission certified iTech Software, confirming that its technology meets the organization’s trading infrastructure standards. The company provides solutions for forex, CFD, crypto, and NFT brokerages.
Commission Offers €20,000 Protection Per Complaint
With its approval, FP Trading and its clients gain access to the commission’s dispute resolution services, including protection of up to €20,000 per complaint through the Compensation Fund.
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The Financial Commission operates as an independent dispute resolution body for the financial trading industry. It offers mediation when brokers and clients cannot resolve complaints directly. For participants in CFDs, foreign exchange, and cryptocurrency markets, the commission says its third-party process can be faster and simpler than arbitration or local courts.
Broker FP Trading Gains Access to Mediation Services
FP Trading is an online brokerage providing access to global financial markets, including forex and CFD instruments. The company states it offers trading tools, pricing structures, and order execution systems for both new and experienced market participants, with a focus on technology, transparent conditions, and customer support.
By joining the Financial Commission, FP Trading becomes part of a network of brokerages and independent service providers that use the organization’s mediation services as part of their client dispute handling process.
Traders Targeted by Fake Commission Representatives
Separately, the Commission provided an update on a scam involving individuals falsely claiming to represent the organization.
The imposters targeted traders who experienced losses or blocked withdrawals from non-licensed brokers, offering funds recovery and chargeback services for a fee. Some issued letters of guarantee through fictitious companies and falsified contact details resembling legitimate digital wallet providers.
The Commission reiterated that it does not offer recovery services, charge fees, send unsolicited messages, or issue guarantees. Traders should consult the official member list, use the Dispute Resolution Form for inquiries, and verify all communications directly with the organization.