AmorFX Becomes Latest Approved Member of the Financial Commission

The Financial Commission announced that it has approved AmorFX, a multi-asset brokerage firm that offers trading of FX, indices, CFDs, and commodities, as its newest Broker Member, effective 24 December 2020. 

AmorFX becomes the latest online brokerage to join the ranks of the self-regulatory organization, highlighting the increased interest and demand for independent external dispute resolution (EDR) services among FX industry participants.

Following the approval of its membership application by the Financial Commission, AmorFX and its customers can have access to a wide range of services and membership benefits including, but not limited to, protection for up to €20,000 per the submitted complaint, backed by the Financial Commission's Compensation Fund.

The Financial Commission provides brokerages and their customers with an unbiased 3rd party mediation platform that helps resolve complaints in instances when parties are unable to directly come to an agreement over disputes.

For approved members and their clients participating in CFDs, foreign exchange (forex), and cryptocurrency markets, the Financial Commission helps facilitate a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems.