The Financial Commission (FinaCom PLC), an industry-specific dispute resolution service that caters to the financial services industry, today announced that it has approved Gerchik & Co. as the latest addition to its growing membership, according to a FinaCom statement.
Gerchik & Co. is authorized and regulated by the International Financial Services Commission (IFSC) of Belize as a financial services provider, offering a wide range of trading services and technologies.
All clients of a company that is a member of the Financial Commission are protected by the compensation fund which acts as an insurance policy. More specifically, traders of a company with A-Category membership can be eligible for compensation of up to $20,000 per complaint, as well as having access to all dispute resolution services offered by the Commission.
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Commenting on the inclusion of Gerchik & Co to FinaCom’s membership, Financial Commission Chairman, Peter Tatarnikov, said: “We are pleased to see new brokers continuing to join the Financial Commission and proud to welcome A-Сategory Member Gerchik & Co. as our latest approved client and the most recent brokerage to join the Financial Commission. Our ongoing membership growth reflects the importance of efficient dispute resolution, and companies and their clients value when it’s provided by a neutral 3rd party. Financial Commission provides an unmatched dispute resolution process which is now extended to our newest member Gerchik & Co.”
Alexander Gerchik, founder and President of Gerchik & Co., added: “Gerchik & Co’s long-term goal is to continue creating honest, reliable and safe conditions for all clients and partners of the company. Therefore Gerchik & Co. has formed a partnership with The Financial Commission – the first, neutral, third party Dispute Resolution Organization that is dedicated specifically to Forex industry.”
He also noted: “By being a Financial Commission members, we at Gerchik & Co. ensures that traders and our client get their disputes resolved in a quick and efficient manner.”