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Executives

LiquidityFinder’s Founder Sam Low Joins FinaCom’s DRC as 34th Member

Low founded LiquidityFinder in 2018.
FX traders seeking compensation from brokers in 2022 declined to $12.4 million.

Thursday, 02/02/2023 | 22:35 GMT by Solomon Oladipupo

Retail FX

Compensation Sought by FX Traders Worldwide Drops 17% to $12.4M in 2022

FinaCom expanded its global presence by 30% last year.
The organization also marked its fastest average resolution time since its founding.

Wednesday, 25/01/2023 | 20:09 GMT by Solomon Oladipupo

Retail FX

Compensation Sought by FX Traders from Brokers Drops 3% to $3.3M in Q4

This is according to FinCom's Quarterly Complaints Digest for Q4 2022.
The EDR body said range bound FX prices as well as winter holidays affected key metrics.

Saturday, 21/01/2023 | 10:46 GMT by Solomon Oladipupo

Retail FX

Baxia Markets Emerges Latest Approved Member of FinCom

FinCom recently approved Vida Markets' membership but withdrew IdealFX's.
More forex traders demanded compensation from FinCom broker members in Q4 2022.

Friday, 20/01/2023 | 18:50 GMT by Solomon Oladipupo

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

Retail FX

FinCom Awards 36% More Compensations to Forex Traders in Q3 2022

The number of complaints rose 5% to 809 complaints during Q3 2022.
The majority of complaints were about account blockage and funds withdrawal.

Friday, 07/10/2022 | 17:21 GMT by Solomon Oladipupo

Retail FX

Australian Broker Vantage Becomes Newest Member of FinCom

FinComm has over 40 approved forex broker members.
Moneta Markets separated from Vantage last month.

Friday, 07/10/2022 | 14:14 GMT by Solomon Oladipupo

Retail FX

CFD Service Provider Bold Prime Becomes Member of FinCom

Bold Prime’s membership took effect on August 17th.
FinCom has expelled at least two brokers this year.

Thursday, 25/08/2022 | 14:00 GMT by Solomon Oladipupo

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

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