Multi-asset brokerage firm JDR Securities has been granted membership of the Financial Commission, marking the most recent inclusion into the ranks of this self-regulatory organization.
JDR Securities status as an Approved Broker Member of the Financial Commission was effective from August 21, 2023, following the acceptance of their membership application by the Financial Commission. The accreditation assures traders that they are receiving services that adhere to the commission’s quality standards.
The addition of JDR Securities as an Approved Broker Member offers stakeholders access to various benefits and services, including protection of up to €20,000 per complaint submitted.
JDR Securities operates in multiple jurisdictions, offering a range of over-the-counter CFD products, including foreign exchange, precious metals, commodities, and indices online. The company operates under three distinct brands:
- JDR Securities Limited (New Zealand): Registered under the Financial Service Providers Act 2008, providing financial services as a wholesale custodial and wholesale non-custodial service provider.
- JDR Securities Limited (St. Vincent and the Grenadines): Incorporated and registered under the Financial Services Authority of St. Vincent and the Grenadines as an International Business Company.
- JDR Tech Pty Ltd: Based in Sydney, this financial technology service provider offers products such as trading platforms, customer relationship management (CRM), and server management.
“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,” the statement further reads.
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 organization 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.
Most recently, the Financial Commission teamed up with Traders Education, a multi-lingual trading education portal and marketing technologies provider, unveiling an invaluable resource for retail FX and CFD traders – a new, free education portal.
The new website provides easily accessible resources that aim to empower retail traders with valuable insights and expertise from the financial markets. FinaCom’s partnership with Traders Education will see the publication of a series of trading tutorials that cover a wide range of essential topics related to trading – each is available to everyone can for free.
The education portal boasts an array of learning materials that cater to traders at all levels of experience. Video tutorials and e-books are available, covering various financial markets, such as Forex, CFDs, commodities, and stocks. Traders can delve into technical and fundamental market analysis, trading psychology, and how to formulate professional strategies using technical indicators.