Brex Capital Is Expelled by Financial Commission Two Months After Rebrand
By Tanya Chepkova
AI summary of the source article
Brex Capital has been expelled from the Financial Commission for repeatedly failing to comply with its rules, effective 19 October. The expulsion applies under both its current name and its former name, QRS Global.
Why it matters
The expulsion removes a benefit the broker had continued to advertise under its new name.
Key facts
- Brex Capital was expelled from the Financial Commission effective 19 October for non-compliance with rules and guidelines.
- The expulsion strips clients of access to the Commission's independent dispute resolution and compensation fund of up to €20,000 per complaint.
- Brex Capital adopted its current name in August 2026 following an acquisition, continuing QRS Global's trading infrastructure and operations.
Source excerpt · Finance Magnates
Brex Capital has lost its Financial Commission membership after repeatedly failing to comply with the organisation’s rules and guidelines. According to the Financial Commission’s announcement, the expulsion took effect on 19 October and applies to the broker under both its current name and its former name, QRS Global. Clients Lose Access to the Compensation Fund The decision ends a membership that…