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

Chainwire

BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

Platinum Spotlight: BloFin dazzles as the top sponsor of TOKEN2049 Dubai, elevating its status with the electrifying WhalesNight AfterParty 2024. Celebrate blockchain innovation and join the night where industry leaders and pioneers connect.

Institutional FX

Eddid helps HK crypto platforms with Bitcoin and Ether ETFs

The brokerage firm will help SFC-licensed virtual asset trading platforms with Bitcoin and Ether ETFs in Hong Kong.

Digital Assets

Cboe can save up to $15 million by closing crypto exchange

“Refocusing our digital asset business enables us to refine our strategy, leveraging our core strengths in derivatives, technology excellence and product innovation to help maximize opportunities for our business and deliver efficiencies for Cboe and our clients.”

Fintech

Sumsub adopts Europe’s new KYC standards for crypto

“Businesses are facing a rising regulatory tide where properly preparing for compliance is crucial. There is now a simple choice, whether to implement solutions that can deliver this, or instead risk significant financial and reputational damages.”

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

<