Inveslo approved as member of Financial Commission: Up to €20,000 per client

Rick Steves

Membership provides the FX and CFD brokerage firm and its customers with access to a wide range of services and membership benefits including, but not limited to, protection of up to €20,000 per client, backed by the EDR’s compensation fund.

The Financial Commission has approved Inveslo as the newest member of the self-regulatory organization as independent external dispute resolution (EDR) services grow in popularity among FX industry participants.

The membership took effect on February 10, 2020, which means the online brokerage and its customers will from now on have support from the Financial Commission as an unbiased 3rd party mediation platform that helps resolve complaints in instances when parties are unable to directly come to an agreement over disputes.

Inveslo helps IBs and money managers launch FX trading

Inveslo was founded by Farrukh Adeeb, the former Global Head of Business Development at FXTM, who launched the new brokerage as a specialist in flexible partnership solutions.

The firm delivers services designed to meet the needs of individual introducers, money managers, and educators who want to offer Retail Forex Trading to their clients.

Inveslo operates as a counterparty to the Exinity Group for liquidity and has opened business development offices in the Middle East, Latin America, and Southeast Asia last year as the broker expands across the globe.

Catering individual clients with dedicated managers, customized packages, and tools that are available for clients from entry-level to professional level, Inveslo will add education programs such as information guides, tutorials, and articles.

Inveslo boasts more than 300 trading instruments in forex, stock CFDs, commodities, indices, and cryptocurrencies.

Swifter resolution and protection of up to €20,000 per client

In such a global and complex industry, most participants prefer to avoid the typical regulatory channels such as arbitration or local court systems.

The Financial Commission specializes in providing a simpler, swifter resolution process for clients participating in CFDs, foreign exchange (forex), and cryptocurrency markets.

Membership provides the brokerage firm and its customers with access to a wide range of services and membership benefits including, but not limited to, protection of up to €20,000 per client, backed by the EDR’s compensation fund.

 

  • Read this next

    Web3

    Lisk Partners with Indonesia’s Communications Ministry to Boost Web3 Startup Ecosystem

    Discover the strategic partnership between Lisk and the Indonesian Ministry of Communications and Informatics, aimed at propelling local Web3 startups to new heights through comprehensive support and education.

    Executive Moves

    Admirals appoints founder Alexander Tsikhilov as CEO

    “Striking the right balance between sourcing new talent and developing and harnessing the strength and capabilities of our current workforce, is key to achieving our vision.”

    Executive Moves

    GCEX appoints Ignacio Corral and Helen Man to UK operation

    GCEX has announced the appointment of Ignacio Corral and Helen Man to its UK FCA-regulated operation based in London as the firm further expands its global business on account of increasing demand for its digital prime brokerage services.

    Retail FX, Uncategorized

    Public.com to shut down UK operation after eight months

    Public.com’s UK withdrawal reflects broader market dynamics, where increased competition among retail investing platforms, including newcomers like Robinhood and Webull, pressures companies to consolidate their efforts in their most profitable or strategic markets.

    Industry News

    UK FCA commits to swifter enforcement actions

    “Reducing and preventing serious harm is a cornerstone of our strategy. By delivering faster, targeted and transparent enforcement, we will reduce harm and deter others. We will also make greater use of our intervention powers to stop harm in real time.”

    Digital Assets

    Ultimate Crypto Trading Software: Zent Launches Innovative Platform For All Institutional Needs

    Zent, a pioneering software provider for financial institutions, has unveiled its all-in-one platform for high-speed crypto trading across popular exchanges. The “ultimate tool tailored to institutional teams and trading volumes” offers distinct advantages, eliminating hurdles like delays and market impact.

    Digital Assets

    OKX officially launches Turkish crypto trading platform

    “With a crypto adoption rate close to 50%, Türkiye represents a very dynamic and promising market for the industry as it continues to develop. The population’s high level of engagement and understanding of digital assets makes it an ideal environment for OKX, and we’re strongly committed to helping continue to grow this already vibrant ecosystem.”

    Retail FX

    ZA Bank launches US stock trading service ZA Invest

    ZA Invest provides access to over 6,000 US stocks and 3,000 ETFs, and a promotional USD savings interest rate of up to 10% p.a. for eligible users.

    Podcasts, Women of the Industry

    FF Podcast delves into the rise of prop trading as Brokeree releases Prop Pulse

    In the latest FinanceFeeds Podcast, Tatiana Pilipenko discusses Prop Pulse, Brokeree Solutions’ platform for prop firms and retail brokers aiming to delve into prop trading. Offering a flat fee structure, Prop Pulse emerges as a scalable solution in an era where successful traders increasingly prefer prop firms over traditional retail brokers.

    <