Fiber Markets Becomes Latest Approved Member of Financial Commission

The Financial Commission (FinaCom), an independent external dispute resolution (EDR) organization, announced that it has approved Fiber Markets to obtain its membership, effective from August 30, 2021.

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Fiber Markets provides traders access to a platform for buying and selling foreign currencies, Metals, Commodities, CFD’s, and synthetic products. It offers more than 140 products and account options tailored to each trader’s needs.

Fiber Markets joins a diverse range of brokerages and independent service providers (ISPs) that utilize the services of the Financial Commission and as part of their commitment to their clients while upholding membership requirements.

Becoming the latest provider to join the ranks of the self-regulatory organization, Fiber Markets' customers will be eligible for a wide range of services and membership benefits, including compensation of up to €20,000 per submitted claim, which is supported by the Financial Commission’s Compensation Fund.

In addition, 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.

Last month, the commission has approved the leading global multi-asset broker Exness to obtain its membership, effective from July 22, 2021.