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Lirunex Joins Financial Commission, Boosts Trader Protection

WikiFX | 2025-02-07 17:49

Abstract:Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.

Lirunex Joins Financial Commission, Boosts Trader Protection.jpg

Lirunex Limited, a multi-asset broker, has made an important step toward prioritizing consumer safety by joining the Financial Commission, an independent authority specializing in external dispute resolution (EDR). This membership, which begins on February 6, 2025, indicates Lirunex's constant commitment to providing great customer service and adhering to compliance requirements.

By joining the Financial Commission, Lirunex assures that its clients now have access to improved dispute resolution services, including coverage of up to €20,000 per claim through the organization's Compensation Fund. This decision underscores Lirunex's commitment to providing a secure and transparent trading environment for its varied worldwide client base.

Lirunex, headquartered in the Marshall Islands and registered in the Republic of Maldives, provides a reputable Forex trading platform. The broker is overseen by numerous respectable regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC), the Labuan Financial Services Authority (LFSA), and the Republic of Maldives Ministry of Economy and Development. These regulatory connections strengthen Lirunex's reputation as a reliable and compliant financial broker.

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With trading volumes of over USD 10 billion and over 15,000 traders globally, Lirunex has established a strong position in the global trading arena. The broker handles weekly assets totaling USD 40 million, catering to a diverse range of traders with varying demands and aims.

The Financial Commission provides a modern alternative to old conflict resolution procedures including arbitration and judicial systems. It enables traders and brokers to resolve issues more quickly and efficiently. Supported by the Dispute Resolution Committee (DRC), which is made up of known industry experts, the organization not only settles disagreements but also gives execution certificates to avoid execution-related difficulties from becoming official complaints.

Lirunex's decision to join the Financial Commission reflects the growing need for fair and unbiased dispute resolution services in the financial industry. Earlier this year, the Financial Commission released findings from its case studies, which shed light on recurring themes and results in disputes between traders and financial service providers. These findings underline the vital role that institutions like the Financial Commission play in today's trading environment.

By joining the Financial Commission, Lirunex underlines its commitment to openness, client satisfaction, and industry best practices. Traders may now operate with more confidence, knowing they have an additional layer of security and assistance at their disposal.

About Lirunex

Lirunex is a worldwide known multi-asset broker that provides Forex and CFD trading services. The broker is regulated by CySEC, LFSA, and MED, and it offers a safe and user-friendly platform to traders all over the world. Lirunex continues to set the standard for the financial trading sector by emphasizing innovation and customer-focused solutions.

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Related broker

Regulated
LIRUNEX
Company name:LIRUNEX LIMITED
Score
8.06
Website:https://lirunex.online
5-10 years | Regulated in Cyprus | Regulated in Malaysia | Straight Through Processing (STP)
Score
8.06

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