The Financial Commission has approved multi-asset
CFD broker online brokerage firm VT Markets as its latest approved member. According to a statement sent to Finance Magnates, this
latest authorization follows the surge in demand for independent external
dispute resolution (EDR) services among FX industry participants.
VT Markets, a global multi-asset CFD broker founded
in 2015, has now earned the esteemed status of an Approved Broker Member within
the Financial Commission.
This membership, effective January 30th, 2024,
grants VT Markets and its clientele access to a suite of services and benefits,
including protection for up to €20,000 per submitted complaint, backed by the
Financial Commission’s Compensation Fund.
The Financial Commission serves as an impartial 3rd
party mediation platform, aiding in resolving disputes between brokerages and
their clients when direct agreement proves elusive.
Facilitating Transparent Dispute Resolution
Particularly for participants in CFDs, Forex , and
cryptocurrency markets, the Commission offers a streamlined resolution process,
circumventing the complexities of traditional regulatory channels like
arbitration or local court systems.
By aligning with the Financial Commission, VT
Markets joins a diverse array of brokerages and independent service providers
dedicated to enhancing client protections and upholding membership standards.
Established as an independent external dispute
resolution (EDR) forum, the Financial Commission offers a recourse for
consumers and traders embroiled in disputes with their financial services
providers.
Originally focused on resolving issues in electronic
markets such as Forex, the Commission’s purview has since expanded to include
CFDs, derivatives, and the certification of trading technology platforms.
The Financial Commission has approved multi-asset
CFD broker online brokerage firm VT Markets as its latest approved member. According to a statement sent to Finance Magnates, this
latest authorization follows the surge in demand for independent external
dispute resolution (EDR) services among FX industry participants.
VT Markets, a global multi-asset CFD broker founded
in 2015, has now earned the esteemed status of an Approved Broker Member within
the Financial Commission.
This membership, effective January 30th, 2024,
grants VT Markets and its clientele access to a suite of services and benefits,
including protection for up to €20,000 per submitted complaint, backed by the
Financial Commission’s Compensation Fund.
The Financial Commission serves as an impartial 3rd
party mediation platform, aiding in resolving disputes between brokerages and
their clients when direct agreement proves elusive.
Facilitating Transparent Dispute Resolution
Particularly for participants in CFDs, Forex , and
cryptocurrency markets, the Commission offers a streamlined resolution process,
circumventing the complexities of traditional regulatory channels like
arbitration or local court systems.
By aligning with the Financial Commission, VT
Markets joins a diverse array of brokerages and independent service providers
dedicated to enhancing client protections and upholding membership standards.
Established as an independent external dispute
resolution (EDR) forum, the Financial Commission offers a recourse for
consumers and traders embroiled in disputes with their financial services
providers.
Originally focused on resolving issues in electronic
markets such as Forex, the Commission’s purview has since expanded to include
CFDs, derivatives, and the certification of trading technology platforms.
