PU Prime Becomes the Newest Member of The Financial Commission

On July 16th, the Financial Commission, an independent external dispute resolution (EDR) forum focused on the Forex industry, announced that CFD broker PU Prime has become a member of the Commission.

PU Prime's status as an "Approved Broker Member" has been agreed by the Financial Commission with effect from the 16th of this month.

The FC will act as a third-party platform to mediate disputes between the broker and its clients when they are unable to reach an agreement directly. As the newest member of the Commission, PU Prime and its clients will be supported by the FC's Compensation Fund, which provides them up to €20,000 for each complaint as protection.

Clients trading CFDs, FX and cryptocurrencies with the brokerage member will also be able to benefit from a "a simpler, swifter resolution process than through typical regulatory channels such as arbitration or local court systems," the Commission said.