Rage Markets is a member of the Financial Commission, an international organization dedicated to resolving disputes within the financial services industry, specifically for the forex market.
The Financial Commission serves as a neutral third-party committee to fairly review and resolve complaints, offering a simpler and faster alternative to industry regulators and legal processes.
It ensures disputes between traders and brokers are handled quickly, efficiently, and impartially, providing fair and thorough resolutions. The Commission also enhances trader protection through its Compensation Fund.
Importantly, the Financial Commission operates as an independent External Dispute Resolution (EDR) organization.
The Compensation Fund serves as an insurance policy for clients of member firms. It is held in a separate bank account and is only used if a member refuses to comply with a judgment issued by the Financial Commission.
The Compensation Fund is financed by the Financial Commission through allocating 10% of the monthly membership dues.
The Compensation Fund is only used to cover judgments issued by the Financial Commission. It does not cover losses traders incur from self-directed trading, nor does it apply to a broker’s entire client base in the event of insolvency.
The Compensation Fund covers judgments issued by the Financial Commission up to €20,000 per client.
It does not cover losses from self-directed trading nor apply to the broker’s entire client base in case of insolvency.
For more details, please visit the Financial Commission’s website and review our Client Agreement.
Rage Markets is a member of the Financial Commission, an international organization dedicated to resolving disputes within the financial services industry, specifically for the forex market.
The Financial Commission serves as a neutral third-party committee to fairly review and resolve complaints, offering a simpler and faster alternative to industry regulators and legal processes.
It ensures disputes between traders and brokers are handled quickly, efficiently, and impartially, providing fair and thorough resolutions. The Commission also enhances trader protection through its Compensation Fund.
Importantly, the Financial Commission operates as an independent External Dispute Resolution (EDR) organization.
The Compensation Fund serves as an insurance policy for clients of member firms. It is held in a separate bank account and is only used if a member refuses to comply with a judgment issued by the Financial Commission.
The Compensation Fund is financed by the Financial Commission through allocating 10% of the monthly membership dues.
The Compensation Fund is only used to cover judgments issued by the Financial Commission. It does not cover losses traders incur from self-directed trading, nor does it apply to a broker’s entire client base in the event of insolvency.
The Compensation Fund covers judgments issued by the Financial Commission up to €20,000 per client.
It does not cover losses from self-directed trading nor apply to the broker’s entire client base in case of insolvency.
For more details, please visit the Financial Commission’s website and review our Client Agreement.
