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Compensation Sought by FX Traders from Brokers Drops 3% to $3.3M in Q4

The total compensation sought by online forex brokers from all brokerages declined slightly to $3.3 million during the fourth quarter of 2022, down from $3.5 million in the prior quarter. Similarly, the compensation awarded to traders dropped by 23% to $60,919 during the past quarter.

On the contrary, the compensation sought from member brokers of the Financial Commission (FinCom), the independent external dispute resolution (EDR) body for the forex industry, surged by 66% during the fo... Read More

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Compensation

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Traders

From

Brokers

Drops

3m

Forex

Posted: Jan 21 2023, 10:46

Author Name: financemagnates

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