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

Digital Assets

Bitcoin halving is done: ViaBTC mines historic block 840K

The Bitcoin network has confirmed its fourth-ever halving block, mined by the cryptocurrency pool ViaBTC, according to data from Blockchain.com. This significant event in the Bitcoin ecosystem reduced the mining reward by half, a deflationary measure occurring approximately every four years to control the issuance of new bitcoins and curb inflation.

Retail FX

True Forex Funds now offers Match-Trader and cTrader platforms

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

Retail FX

CySEC hits FXORO parent with €360,000 fine

The Cyprus Securities and Exchange Commission (CySEC) has fined MCA Intelifunds, trading as FXORO, a total of €360,000 for multiple violations of the Cypriot investment laws.  

Digital Assets

Binance’s CZ in good mood ahead of sentencing, says partner

Yi He, co-founder of cryptocurrency giant Binance, has shared a positive outlook on the legal situation of the exchange’s former CEO, Changpeng Zhao. Zhao is currently awaiting a sentencing hearing scheduled for April 30 in the United States.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

Digital Assets

Tether expands USDT and XAUT offerings on Telegram

Tether’s stablecoin USDT, which boasts a market cap of $108 billion, has expanded its presence onto The Open Network (TON), a blockchain closely linked to the Telegram messaging app.

<