The Financial Commission (FinaCom) today announced that it has certified Libertex web and mobile trading applications, which operates on the basis of HTML5 and Backbone framework.
Libertex, which stands for Liberty Exchange, is a simple investment platform – the terminal gives one access to the most popular financial instruments via single application that works on all types of desktop and mobile devices.
The announcement comes shortly after FinaCom introduced a new voice risk disclosure which requires the commission’s members to obtain a written and voice acceptance from each client to acknowledge that he is aware of the relevant risks of relying on or considering investment advice.
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Following the acceptance of its application by FinaCom PLC, Libertex has obtained membership status which guarantees that clients are under the protection of an international organization and that the services provided to them are of high quality and comply with the standards of the Commission.
FinaCom is an independent international service that guarantees honest and timely resolution of any disputes with the aim of resolving trader-broker conflicts. All clients of members of the Financial Commission are protected by the Compensation Fund which acts as an insurance policy.
As part of the review process, the commission has established a detailed list of points to verify covering system security, capacity, business disaster recovery, and continuity plans, as well as reporting and record keeping, among other fields deemed important for the certification.
According to Financial Commission Chairman Peter Tatarnikov in a recent statement on the new certification: “In order to provide traders with fair dispute resolution we must fully understand their system’s construction and working process. The Libertex trading terminal is the latest platform certified by the Financial Commission. The company also provides secure and effective mobile application which allows to trade from smartphones and tablets using the same set of functions as in web version. We will be happy to see more software providers certifying their products with us. Today we gladly announce successful certification of Libertex and believe it is a great step to leverage its credibility and grow its business globally.”
Libertex Head of Products Eduardo Remedios added: “Libertex is one of the best web and mobile platform for effective trading with different financial assets: stocks, currencies, indices, and commodities such as gold, oil and gas. This important Certification demonstrates the high standards, top quality and sustainability of the Libertex platform.”