The Financial Commission Has Added Trade99 To Be A Category-A member
The Financial Commission, which is an independent external dispute resolution, EDR, for the foreign exchange industry, has just gone ahead to announce that the Trade99 is a newly approved member.
What You Need To Know About Trade99
The platform has been able to provide a leverage crypto-based asset trading platform. It has been ranked as an A-category member within the agency as of June 4 2019. As a customer on the platform, you have been given access to the Financial commission protection services.
The EDR has gone ahead to provide their clients with a third party mediation platform. One that has been designed to resolve the problems in the vent that the separate parties are not able to agree. One of the mains services offered by the agency is the protection of up to €20,000 per submitted complaint in a statement made by the company.
“simpler, swifter resolution process” than going through the typical regulatory channels.
The Trade99 has joined a very diverse group of independent service providers and brokerages that have been able to utilize the services offered by the Financial Commission. A move that has been considered to be part of their commitment to their clients within the community.
The FX And Crypto brokers Have Gotten A New Member
The principal members within the Financial Commission are Crypto brokers and the Forex, plus the other companies that are operating within the vibrant crypto space.
The agency also went ahead to approve the membership of DealFX, which is an online brokerage; this is all according to the Financial Magnates. The DealFX was also listed as a category A member on the agency.
But this is not all as a PAMM, per cent allocation management module, was also launched, this is as per the statement, the new scheme that has been approved will need to certify the new PAMMs that are being offered by the different brokers within the space. With the use of PAMMs, it will allow the traders to be able to allocate specific amounts of money to an investment manager.
As a result, the manager will go ahead and invest the funds, when a profit is made, they take the commission. With such a system in place, it will allow the inexperienced traders within the space to invest there finds without having to trade the money themselves, a great way to safeguard them. A system that will be able to accelerate the adoption of the concept.