VT Markets obtains Financial Commission’s membership

Multi-asset brokerage firm VT Markets has been granted membership of the Financial Commission, marking the most recent inclusion into the ranks of this self-regulatory organization.

VT Markets status as an Approved Broker Member of the Financial Commission was effective from January 30, 2024, 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 VT Markets as an Approved Broker Member offers stakeholders access to various benefits and services, including protection of up to €20,000 per complaint submitted.

VT Markets is a regulated multi-asset broker providing access to a wide range of financial instruments, with operations across various entities authorized and registered in different jurisdictions:

  1. VT Global Pty Ltd is authorized and regulated by the Australian Securities & Investments Commission (ASIC) and holds an Australian Financial Service Licence (No.516246).
  2. VT Global South Africa (Pty) Ltd is an authorized Financial Service Provider (FSP) registered and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 50865.
  3. VT Markets LLC is registered under the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) with registration number 673 LLC 2020.

In 2023, VT Markets introduced notable enhancements for its customers, including integration with TradingView and Acuity Trading’s Signal Centre. Additionally, clients in Southeast Asia now have access to leverage up to 1000:1.

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.

Financefeeds.com