Do not invest more money than you can afford to lose.
The Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization announced it has partnered with Traders Education, a portal for educational resources for investment traders.
Thanks to the collaboration, the FinaCom members and their clients will gain free access to a wide range of educational materials provided by Traders Education. The materials are available on the EDR’s website.
The move follows the appointment of Dispute Resolution Committee (DRC) member Ran Cohen, CEO of Traders Education.
“As part of our ethos to help educate traders while delivering fair and efficient dispute resolution tools, Financial Commission is delighted to collaborate with Traders Education in order to provide our members and their clients with even more value when it comes to educational content,” said FinaCom chairman Peter Tatarnikov.
Its offering includes online videos and e-books about forex and contracts for difference (CFDs) trading. Traders Education’s offering includes resources for beginner and more advanced traders available in 30 languages.
“We expect to further broaden this offering in the near future, as part of our goal to educate consumers about financial products such as trading forex and CFDs,” Tatarnikov noted.
Following are some of the categories with educational materials available from Traders Education:
- Forex Trading
- Market Analysis
- Psychology
- Forex Strategies
- Trading Central
- Social Trading
- MetaTrader 4 (MT4)
- Stocks
- Contract For Difference (CFDs)
- Managed Accounts
- Technical Indicators
FinaCom acts as a third-party mediator in case of complaints and disputes between its members and their clients in cases when the involved parties cannot solve themselves. The organization helps facilitate a simpler, swifter resolution process than through typical regulatory channels.
FinaCom’s members are forex and binary option brokers, as well as independent service providers (ISPs). The EDR organization has two membership categories, depending on the amount of compensation to which investors are entitled. Clients of A-category member get up to to $20,000 and those of B-category members receive a compensation of up to $5,000.
