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Financial commission
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financial commission
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Retail FX
Financial Commission Welcomes Fusion Markets and Ultima Markets as Approved Broker
Fusion Markets has become a member on March 6th, while Ultima Markets joined on March 4th.
Clients of both firms now have access to services and benefits, including €20,000 protection per complaint.
Wednesday, 06/03/2024 | 15:29 GMT
by
Tareq Sikder
Retail FX
Alert: Financial Commission Probes Impersonation Scam Targeting Traders
Scammers mimic legitimate digital wallets to deceive victims into paying for services.
The organization doesn't cold-call or email traders, nor use messengers or issue letters of guarantee.
Friday, 16/02/2024 | 11:03 GMT
by
Tareq Sikder
Retail FX
VT Markets Joins Financial Commission in Response to Rising Dispute Resolution Needs
This approval followed a growing demand for independent external dispute resolution services in the FX industry.
VT Markets' membership provides access to €20,000 protection per complaint from the Commission's compensation fund.
Tuesday, 30/01/2024 | 13:17 GMT
by
Jared Kirui
Retail FX
Vittaverse Joins Financial Commission amid Growing EDR Demand in FX
Clients can access Financial Commission services, including €20,000 protection per complaint.
As of January 18, Vittaverse officially holds the status of an approved broker member of the Financial Commission.
Thursday, 18/01/2024 | 11:26 GMT
by
Tareq Sikder
CryptoCurrency
JPEX's Legal Woes Could Signal Trouble for Hong Kong Crypto
HK authorities have arrested six people linked to an unlicensed cryptocurrency exchange.
The SFC has flagged complaints against JPEX involving more than $127.9 million in losses.
Tuesday, 19/09/2023 | 08:50 GMT
by
Damian Chmiel
Retail FX
Canada's CSA Removes Financial Commission from 'Investor Alert' List
FinCom's name appeared on CSA's warning list on 20 June, which seemed to be a mistake.
The organization offers dispute resolution services and has many reputed brokers as members.
Tuesday, 29/08/2023 | 12:00 GMT
by
Arnab Shome
Retail FX
Scam Website Adopts FinCom's Trademarks to Defraud the Public
The fraudulent website illegally copied the details of some of FinCom's members.
It fraudulently names Finance Magnates as a partner.
Thursday, 03/08/2023 | 08:09 GMT
by
Arnab Shome
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Retail FX
Financial Commission Responds to Canadian Watchdog's Investor Warning
Brokers like Exness, Pepperstone, and IC Markets are members of the Financial Commission.
The organization is struggling with clones.
Wednesday, 21/06/2023 | 11:29 GMT
by
Arnab Shome
Retail FX
FinCom Discontinues BalansFX Membership over Compliance Failure
BalansFX became an approved member of FinCom in July 2020.
Meanwhile, FinCom warned against TresorFX, a platform recently flagged by the FCA.
Wednesday, 31/05/2023 | 13:34 GMT
by
Solomon Oladipupo
Retail FX
Financial Commission Warns against Clone Website
The clone website listed expelled brokers as FinCom members.
FinCom has already filed complaints against the clone website.
Friday, 31/03/2023 | 10:15 GMT
by
Arnab Shome
Retail FX
Financial Commission Expels FX/CFDs Broker Bold Prime as a Member
Bold Prime became a FinCom member last August.
The organization expelled a few other members while adding many.
Thursday, 09/02/2023 | 11:05 GMT
by
Arnab Shome
Retail FX
FinCom Approves Vida Markets' Membership, Withdraws IdealFX’s
Vida Markets' membership took effect on December 12, 2022.
IdealFX ceased to be a FinCom member late last year.
Thursday, 12/01/2023 | 16:39 GMT
by
Solomon Oladipupo
Brokers
Offshore FX Broker ThreeTrader Becomes Financial Commission Member
The brokerage offers retail counterparty trading services with a Vanuatu license.
The broker's clients will get €20,000 in deposit protection and dispute mediation services.
Wednesday, 11/01/2023 | 10:50 GMT
by
Arnab Shome
Brokers
Financial Commission Adds TMGM as a Member Broker
The self-regulator now has 42 FX and CFDs brokers as members.
It has also expelled a few brokers this year.
Tuesday, 04/10/2022 | 07:05 GMT
by
Arnab Shome
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Brokers
Financial Commission Expels Fiber Markets as a Member for Contract Breach
The membership came to an end on 7 September.
Clients of Fiber Markets will stop receiving any services offered by FinCom.
Friday, 09/09/2022 | 09:48 GMT
by
Arnab Shome
Retail FX
LordFX Has Been Expelled from the Financial Commission
LordFX has violated the membership rules and guidelines.
The Financial Commission's quarterly report shows complaints against brokers have increased.
Wednesday, 24/08/2022 | 16:06 GMT
by
Matti Williamson
Brokers
Fullerton Markets Becomes Broker Member of FinCom
The broker’s approved membership status took effect on Monday.
FinCom has accepted as least three brokers as members this year.
Tuesday, 23/08/2022 | 16:47 GMT
by
Solomon Oladipupo
Brokers
Pepperstone Becomes a Financial Commission Member
The CEO of Pepperstone Bahamas welcomed its approval status.
The FinCom services are used by a variety of brokerages and ISPs.
Wednesday, 01/06/2022 | 17:31 GMT
by
Felipe Erazo
Brokers
GANN Markets Membership Withdraws from Financial Commission
GANN Markets was a member up until 29 April.
The membership was terminated following a withdrawal.
Tuesday, 03/05/2022 | 23:42 GMT
by
Felipe Erazo
Brokers
Financial Commission Expels EGMarkets from Membership
The decision is effective from 13 April 2022.
According to Financial Commission, EGMarkets breached contractual obligations.
Friday, 15/04/2022 | 13:10 GMT
by
Bilal Jafar
Retail FX
Financial Commission Approves Agra Markets Application
The Financial Commission's services are used by a variety of brokerages and ISPs.
Agra Markets' approved status began on March 29.
Tuesday, 29/03/2022 | 17:21 GMT
by
Felipe Erazo
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Retail FX
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.
Friday, 11/02/2022 | 10:23 GMT
by
Arnab Shome
Brokers
IC Markets Becomes a Financial Commission Member
Funds of each of the clients of the broker will receive protection of up to €20,000.
Thursday, 25/11/2021 | 09:50 GMT
by
Arnab Shome
Retail FX
Financial Commission Grants Certification to Samtrade Academy
FinCom stated that Samtrade Academy adequately complied with the standards asked by the Commission to receive certification.
Wednesday, 18/08/2021 | 21:48 GMT
by
Felipe Erazo
Brokers
DeltaFX Receives Execution Quality Certification from Financial Commission
DeltaFX is an approved member of the Financial Commission.
Monday, 26/07/2021 | 13:59 GMT
by
Bilal Jafar
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