The Financial Commission has approved MBX PRO as its newest broker member effective this week, granting the firm and its clients access to dispute resolution services and up to €20,000 per complaint in compensation fund protection. The independent mediation organization, which covers forex, CFDs and cryptocurrency markets, has been actively expanding its membership roster with recent additions including RA Prime, FP Markets, OneRoyal, FXON, GTCFX and Neex.
The approval positions MBX PRO clients with third-party recourse for disputes that cannot be resolved directly with the broker, offering an alternative to arbitration or court proceedings. The Financial Commission provides streamlined mediation between brokers and traders across multiple asset classes. Separately, the organization recently certified trading technology provider iTech Software and issued warnings about scammers impersonating the Commission to target traders with fake fund recovery schemes.
FXnCO Insight
Traders using MBX PRO now have enhanced protection through independent dispute resolution and substantial compensation coverage, potentially reducing counterparty risk when selecting brokerage partners.
Source: Finance Magnates