A major announcement was made by the Financial Commission that the Samtrade Academy has been recognized as a certified educational provider coupled with being a member of FinCom.
The Financial Commission laid out a set of standards that Samtrade Academy has complied with by fulfilling the criteria that were mandatory for the certification process. The Financial Commission’s official website now lists Samtrade Academy as a recognized education provider.
Entrepreneurship, personal finance, tech to business, and several other associated topics are conducted by the company that is recognized as an educational provider. This accreditation comes only weeks after the Financial Commission gave execution quality certification to DeltaFX, a worldwide financial brokerage and recognized member of FinCom. DeltaFX also passed the Verify My Trade (VMT) accreditation process successfully.
The FX market saw the pricing and the execution transparency being promoted a couple of years ago through the introduction of Verify My Trade. Verify My Trade’s order execution verification was launched in September 2018. The certifications have been applied for by several members of the Financial Commission in the past few years in a bid for enhancing the execution speed and pricing transparency.
A customizable and comprehensive service called GetID was also in the news lately owing to a recent partnership announced by the Financial Commission. GetID is recognized for verifying the identities of businesses and streamlining the onboarding of customers while staying compliant with regulations and preventing fraud. The Financial Commission saw the inclusion of the multi-asset broker known as Exness as its member early in July. The approval of Fxview as a member of the self-regulatory organization came around the first week of July. A leader of an independent member-driven organization for external dispute resolution, the Financial Commission came into existence in 2013.
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