The Financial Commission, a self-regulatory organization offering independent external dispute resolution (EDR) services, has welcomed Fusion Markets as its newest member.
This addition, effective March 6th, 2024, marks Fusion Markets’ commitment to high standards of dispute resolution and customer service in the forex and CFD trading industry.
The milestone follows the approval of its membership application by the Financial Commission, which gives their traders further assurance that they are offered services of high quality that comply with the standards of the commission.
By joining the Financial Commission, Fusion Markets gains access to a range of benefits and services, including the potential for their customers to be protected for up to €20,000 per submitted complaint.
The Financial Commission is an independent international service that offers the resolution of disputes with the aim of resolving trader-broker conflicts. The commission is supported by the Dispute Resolution Committee (DRC), which in turn is comprised of recognized industry professionals. It operates as an independent international service that helps facilitate a simpler resolution process than through typical regulatory channels, such as arbitration or local court systems.
All clients of members of the Financial Commission are protected by the Compensation Fund which acts as an insurance policy.
The Financial Commission also issues execution certifications for approved brokers as the industry-specific association attempts to reduce the number of execution-related disputes that occur before they progress into formal complaints.
Fusion Markets is recognized as a low-cost forex broker, offering trading services in forex, commodities, indices, cryptocurrencies, and stock CFDs. It is regulated in several jurisdictions, including Australia and Seychelles. Fusion Markets operates under FMGP Trading Group Pty Ltd, regulated by the Australian Securities and Investments Commission (ASIC) with an Australian Financial Services License No. 385620. It’s also regulated by the Financial Services Authority of Seychelles with license number SD096.
Founded in Melbourne, Australia, in 2017, Fusion Markets has quickly gained a reputation for being a reliable and cost-effective option for traders worldwide.
The Financial Commission continues to expand its membership, reflecting the growing demand for independent, unbiased dispute resolution in the financial trading sector. Earlier today, the regulator published several case studies from 2023, revealing key themes and outcomes in disputes between traders and financial service providers.
