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FinaCom regulated forex brokers

The Financial Commission · 🇭🇰 International (Hong Kong-registered)

The The Financial Commission (FinaCom) is a self-regulatory dispute-resolution organisation for International (Hong Kong-registered), established in 2013. ForexLicenses.com classifies it as tier 4 (light / offshore). We currently match 2 brokers in our database to an FinaCom licence.

The Financial Commission is an independent external dispute-resolution organisation, not a government regulator. Member brokers agree to its complaint process and contribute to a compensation fund. Membership can help if you have a dispute with an offshore broker, but it is not a licence and does not replace prudential supervision.

Dispute body, not a regulator. Membership offers a complaints route and a compensation fund, but not prudential supervision.

Key rules for retail clients

Tier
Tier 4 — Light / offshore
Compensation
Compensation Fund — up to €20,000 per complaint
Leverage
n/a
Negative balance protection
Not a regulatory requirement
Client money
n/a
Complaints
Financial Commission Dispute Resolution Committee

Brokers licensed by the FinaCom 2

Broker Licences on record Licence Score Actions
1 GC Grand Capital Forex & CFD broker, since 2006 FinaCom 22Very weak Licences Visit site
2 OT Olymp Trade Forex & CFD broker, since 2014 FinaComVFSC 19Very weak Licences Visit site

Frequently asked questions

How do I check if a broker is FinaCom regulated?

Search the firm's name or licence number on the FinaCom official register (https://financialcommission.org/members/), confirm the status is current and that the website domain you're using is listed, then check the FinaCom warning list for clones.

Does the FinaCom offer investor compensation?

Compensation Fund — up to €20,000 per complaint

What leverage do FinaCom-regulated brokers offer?

n/a

Is negative balance protection required by the FinaCom?

It is not a regulatory requirement under the FinaCom, though some brokers offer it contractually.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.