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The Financial Commission Warns of Website Mimicking Dispute Resolution Services

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  5. The Financial Commission Warns of Website Mimicking Dispute Resolution Services
  • November 5, 2024

The Financial Commission, a leading external dispute resolution (EDR) organization serving the global financial services industry, is issuing a public warning regarding a website (https://fdrc.org.uk) that is falsely mimicking the Financial Commission’s services in order to legitimize unknown brokers, who are not members of the forum.

The website, operating under the name “Financial Dispute Resolution Commission” (FDRC), is attempting to mislead and defraud financial consumers by claiming to offer genuine dispute resolution services and certifications when, in reality, it provides no actual support or resolution.

Mimicry of Financial Commission Services

The FDRC has unlawfully used the Financial Commission’s legal name in its disclaimer (https://register.fdrc.org.uk/disclaimer/) and plagiarized several official press releases from the Financial Commission’s website, falsely presenting these as evidence of its services. The copied content includes outdated announcements that FDRC has no legitimate association with. This mimicry includes false claims of dispute resolution services and membership benefits which the FDRC is not authorized to provide or facilitate.

Examples of these plagiarized releases include:

  • Financial Commission Welcomes Grand Capital as Latest Member Firm
  • Financial Commission Certifies Binary Options Platform from Tools for Brokers Inc.
  • Financial Commission Announces Forex Club as Latest Member Firm
  • Financial Commission 2015 Annual Report

This unlawful impersonation goes beyond mere copyright infringement; it is a fraudulent attempt to trick users into believing they are engaging with an authorized dispute resolution entity. The FDRC has created a misleading structure on its website, resembling the original Financial Commission services, such as EDR offerings, membership benefits, and certifications, which they do not genuinely provide.

Important Reminder to Traders

We remind the public that the Financial Commission’s services are 100% free for traders, and we only reach out in response to direct inquiries made through our official website or verified social media channels. The Financial Commission never solicits fees, payments, or personal data without a prior request initiated by the trader.

To avoid falling victim to this and similar fraudulent sites, ensure that you are visiting the Financial Commission’s official website at / and verify the .org domain suffix. If you receive any suspicious communication claiming to be from the Financial Commission, please contact us directly to confirm authenticity.

About The Financial Commission

The Financial Commission is an independent external dispute resolution (EDR) organization dedicated to supporting consumers who cannot resolve disputes directly with their financial services providers. Initially founded to help resolve issues in electronic markets such as Forex, CFDs, and cryptocurrency trading, the Financial Commission has since expanded to certify trading technologies and uphold transparency and trust in the financial services industry.

For further information, please visit our official website at /.

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