Skip to main content

Capitalxtend gets approval to become a Financial Commission member

Written by Customer Service on . Posted in Public Companies.

Capitalxtend, global financial service provider, has recently announced that it has received approval to join financial Commission. Capitalxtend provides services including trading in a wide range of instruments including Forex, CFDs, Indices, Commodities, Equities & Cryptocurrencies.

The Financial Commission’s board has adopted resolutions approving a new applicant to join the self-regulator’s member roster, which is made up of online brokerages operating in FX, derivatives and cryptocurrency markets. This round of approved applicants includes Capitalxtend. The Financial Commission is an independent external dispute resolution (EDR) organization for the foreign exchange (forex) industry.

Following the acceptance of its application by FinaCom PLC, Capitalxtend has obtained membership status which means that its traders can be eligible for compensation of up to €20,000 per submitted claim and have access to all dispute resolution services offered by the commission.

After the acceptance of application by FinaCom PLC, Captialxtend members are now eligible for compensation of up to €20,000 per submitted claim. Traders that are members of Capitalxtend now also have access to all dispute resolution services offered by the commission.

Capitalxtend is a multi-asset brokerage firm that offers trading of Forex, CFDs, indices, commodities, equities, and cryptocurrencies. The company operates as an offshore provider of financial services based out of Vincent and the Grenadines.

Capitalxtend Team has been serving Traders since 2005 and has led the way in online trading ever since, to become a leading global financial service provider. Capitalxtend specialise in leveraged trading, bringing our clients the opportunities to generate returns in both rising and falling markets. What sets us apart is a combination of lightning-fast execution, tight spreads, 0% commission and deep understanding of what our customers need.

FinaCom is an independent international service that offers the resolution of disputes to resolve trader-broker conflicts. In addition to a more streamlined and swift resolution process, relative to traditional channels of arbitration, all clients of members of the Financial Commission are protected by the Compensation Fund, which acts as an insurance policy.

According to its latest annual report, the self-regulator made progress across some of its key business drivers. Specifically, the number of new complaints rose seven percent year-over-year as a record $7.4 million sought by traders in 2019, up from $3,184,932 in 2018.

Likewise, the number of resolved complaints in “clients favor” increased 17 percent to 179, up from 153 the previous year. The commission also ruled in favor of its broker members in 451 cases it assessed, up from 373 in 2018.

For approved members, the Financial Commission also introduces many services that intended to allow brokers to spot and halt fraudulent transactions. This includes its DisputeWatch tool which lets the broker search its community registry to see if a client has any dispute records, and sends alerts regarding suspicious clients that have the potential to abuse a company.
For more information, visit: https://capitalxtend.com/

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.