Compensation Fund
As a commitment to client satisfaction and financial security, Exness has introduced the Compensation Fund, which is a robust protective measure for our clients. This initiative reflects our dedication to offering not just excellent trading conditions, but also a layer of financial security that sets us apart in the industry.
What is the Compensation Fund?
The Compensation Fund acts as a financial safety net for clients of Exness members. It is designed to ensure that traders are protected in the unlikely event that a member refuses to adhere to a judgment from the Financial Commission. The fund offers an added layer of protection by securing insurance-like coverage for judgments passed by the commission.
How Does the Compensation Fund Operate?
The Compensation Fund is managed independently by the Financial Commission and is completely separate from the operating funds of Exness. It is financed through allocations from the monthly membership dues paid by Exness to the Financial Commission, amounting to 10% of these dues. This ensures that the fund is not only sustainable but also sufficient to cover potential claims.
Coverage and Eligibility
The Compensation Fund provides coverage up to €20,000 per client, per judgment issued by the Financial Commission. This coverage is crucial in offering peace of mind to our clients, ensuring that they have financial recourse in case of disputes. It’s important to note that the fund covers judgments and is not a blanket insurance against losses incurred through trading activities.
Commitment to Fair Resolutions
The Compensation Fund is part of Exness’s broader commitment to fairness and transparency in all its operations. As a member of the Financial Commission, Exness adheres to a stringent set of guidelines that govern financial conduct and dispute resolution, ensuring that all parties receive a fair and impartial hearing.
This initiative underscores Exness’s dedication to upholding the highest standards of financial integrity and customer satisfaction. It provides our clients with an added layer of security, knowing that they are backed by a mechanism that promotes fairness and accountability in the financial trading space.
For more information on the Compensation Fund and other protective measures offered by Exness, clients are encouraged to visit our website or contact our support team directly. This commitment to client security is integral to the trust our traders place in us, and we continue to strive for the highest standards in every aspect of our operations.
