Financial Commission’s Membership Capitalxtend is a proud member of The Financial Commission, an international self-regulatory organization for resolving disputes within the financial services industry and the forex market.
We’re affiliated with the Financial Commission to Secure your Investments!
What is The Financial Commission?
Financial Commission is an independent, global External Dispute Resolution (EDR) organization for the traders or consumers who are not able to resolve disputes directly with their financial services providers or financial brokerage firms that are members of the Financial Commission.
The Financial Commission fairly reviews and resolves complaints to facilitate a simpler and smoother settlement than through industry regulators and the legal system. Aside from that, the organization also provides additional protection for the traders through the Commission’s Compensation Fund.
How does it work?
The Compensation Fund will act as an insurance policy by the Financial Commission for Capitalxtend Clients. It will be kept in a separate bank account and will be only used or paid if the Commission member i.e. Capitalxtend does not adhere to a judgement from the Financial Commission, following a dispute resolution.
Which means, as the Capitalxtend client, you can rest assured that you will receive the money which you are entitled to.
The Compensation Fund
The Fund is financed by The Financial Commission.
The Commission allocates 10% of the monthly membership fees to the Compensation Fund.
Who is Covered?
The Compensation Fund will only be used for a judgement made by The Financial Commission. This includes only the individual case considered. The member’s entire client base will not be entitled to the payout from the fund.
What is the Maximum Coverage?
The Compensation Fund will only cover judgements that have been made by The Financial Commission, up to €20,000 per client.