Exness is a member of the Financial Commission, an internation organization engaged in the resolution of disputes in the financial services industry for the forex market.
The Financial Commission was established to be a neutral third party committee to fairly review and resolve complaints. It aims to facilitate a simpler, swifter resolution than through industry regulators and the legal system.
The Commission ensures that traders and brokers have their disputes resolved in a quick, efficient, unbiased and authentic manner, while making sure that all parties walk away with a fair and thorough answer to their concerns. The Commission also provides additional protection for traders by using the Compensation Fund.
It is noted that the Financial Commission is an independent external dispute resolution (EDR) organization.
The Compensation Fund acts as an insurance policy for members’ clients. This fund is held in a separate bank account and is only used if a member refuses to adhere to a judgment from the Financial Commission.
The Compensation Fund is financed by the Financial Commission through the allocation of 10% of the monthly membership dues.
The fund will only be used for a judgment that has been issued by the Financial Commission. The fund does not cover traders’ losses incurred while engaging in self-directed trading. It also does not apply to a broker’s entire client base should the broker become insolvent.
The Compensation Fund will only cover judgments made by the Financial Commission of up to €20,000 per client.
For more information, please refer to the website of the Financial Commission and our Client Agreement.
RAGEMARKETS consist of the following entities:
RageMarkets is a trading name of RageMarkets Ltd, a Mauritius-registered company regulated by the Financial Services Commission (FSC) under the Investment Dealer license number GB23202204, Code SEC-2.1B.
Office Address: Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port Louis, Mauritius. GBC Number C200455.
RageMarkets SA (PTY) Ltd is an authorized Financial Service Provider (FSP), regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 52816.
Registered Address: 73 Richard’s Park, Fife Street, Sandton, Johannesburg, Gauteng, 2090.
RageMarkets is not licensed by any regulatory authority within the European Union (EU), European Economic Area (EEA), or the United Kingdom. Services provided by RageMarkets fall outside the EU and UK regulatory frameworks. Clients are not protected by the Investor Compensation Fund.
RageMarkets Ltd does not offer fiat currency exchange or cryptocurrency exchange services.
The information provided on this website does not constitute a solicitation, recommendation, or promotion to engage in any investment or trading activity. RageMarkets does not offer services to residents of the United States or any country where such services are restricted or prohibited by law.
RISK WARNING
Trading on margin in foreign currencies, virtual assets, or other off-exchange products involves significant risk and may not be suitable for all investors. Before trading, assess your financial situation and risk tolerance carefully.
Contracts for Difference (CFDs) are complex financial instruments with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. Ensure you fully understand how CFDs work and consider whether you can afford the high risk of financial loss.
Tax obligations may apply to any trading profits. We recommend seeking independent financial and tax advice to understand your specific circumstances.
