The Financial Commission has announced the inclusion of binary options in its suite of regulated asset-classes, and is now accepting new applications for membership.
The Financial Commission has just announced the inclusion of binary options in its suite of regulated asset classes, and is now accepting all new applications for membership, following the successful certification of binary options platform, Binarystation.
The Financial Commission is a third-party regulator that helps mediate and resolve disputes between Forex brokers and traders. Following a highly successful launch last year, the number of cases arbitrated has swelled with the Commission’s popularity, culminating in the addressing of additional asset classes. As per the new certification, all entities or parties seeking membership eligibility in the Commission can now request certification for their platforms.
The Financial Commission is uniquely situated to help resolve disputes between competing bodies and is comprised of some of the Forex industry’s leading personnel from several Forex brokerages. As per its new certification, the Commission is now aiming to provide the same such benefits to binary options trading parties as part of a continual process of establishing a fair and transparent outlet across a widening scope of asset classes. As recently as last week, the Commission wrapped up the certification of Binaryware LLC, the binary options technology provider operating binarystation.com, and has the satisfaction of being the first binary options provider to be certified by the Financial Commission.
According to Financial Commission Chairman, Peter Tatarnikov, in a recent statement on the integration, “We are pleased to announce the certification of Binarystation’s platform, for binary options, by the Financial Commission. Now Forex and binary options brokers that are using the Binarystation platform have the opportunity to become Members of the Financial Commission.”
“Having already completed the Financial Commission’s certification, Binaryware will focus on binary option brokers around the world and also offer our solutions to companies that are already members of Financial Commission,” added Binaryware Managing Director, Mikhail Chistyakov, in an accompanying statement.
Obligatory Requirements for Approval
According to an official mandate from the Financial Commission, “As part of the membership approval process for firms seeking to join the financial commission, the commission will require that binary options platforms undergo a specialized review by the commission, which will check key points throughout the platform Execution process to help ensure that an equitable decision process can be provided when reviewing claims from binary options traders using such platforms.” Any binary options firms wanting to receive membership status are encouraged to apply in advance and fill out the appropriate applications. As part of the review process the commission has established a detailed list of points to verify covering the following sections:
Platform Security
Platform Capacity
Instruments and orders types
Pricing and Execution Policy
Reporting and record keeping
Business Continuity/Disaster Recovery Plan
The Financial Commission has just announced the inclusion of binary options in its suite of regulated asset classes, and is now accepting all new applications for membership, following the successful certification of binary options platform, Binarystation.
The Financial Commission is a third-party regulator that helps mediate and resolve disputes between Forex brokers and traders. Following a highly successful launch last year, the number of cases arbitrated has swelled with the Commission’s popularity, culminating in the addressing of additional asset classes. As per the new certification, all entities or parties seeking membership eligibility in the Commission can now request certification for their platforms.
The Financial Commission is uniquely situated to help resolve disputes between competing bodies and is comprised of some of the Forex industry’s leading personnel from several Forex brokerages. As per its new certification, the Commission is now aiming to provide the same such benefits to binary options trading parties as part of a continual process of establishing a fair and transparent outlet across a widening scope of asset classes. As recently as last week, the Commission wrapped up the certification of Binaryware LLC, the binary options technology provider operating binarystation.com, and has the satisfaction of being the first binary options provider to be certified by the Financial Commission.
According to Financial Commission Chairman, Peter Tatarnikov, in a recent statement on the integration, “We are pleased to announce the certification of Binarystation’s platform, for binary options, by the Financial Commission. Now Forex and binary options brokers that are using the Binarystation platform have the opportunity to become Members of the Financial Commission.”
“Having already completed the Financial Commission’s certification, Binaryware will focus on binary option brokers around the world and also offer our solutions to companies that are already members of Financial Commission,” added Binaryware Managing Director, Mikhail Chistyakov, in an accompanying statement.
Obligatory Requirements for Approval
According to an official mandate from the Financial Commission, “As part of the membership approval process for firms seeking to join the financial commission, the commission will require that binary options platforms undergo a specialized review by the commission, which will check key points throughout the platform Execution process to help ensure that an equitable decision process can be provided when reviewing claims from binary options traders using such platforms.” Any binary options firms wanting to receive membership status are encouraged to apply in advance and fill out the appropriate applications. As part of the review process the commission has established a detailed list of points to verify covering the following sections:
Webull Introduces "Lite" Version of Trading App for Retail Users
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
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20-22 MAY 2024
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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