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BetterWealth
India
21 Mar 2016 (9 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know BetterWealth
Company Information
Get to know BetterWealth
BetterWealth is a personalized robo-advisory fin-tech portal or corporate and startups to manage their treasury in the most effective and tax efficient manner. It was founded with a vision to give unbiased comprehensive financial advice and end to end service to clients. It received its registration as a Mutual fund distributor on 21st March 2016. It has automated both execution and advisory and offers advice personalized to the profile and need of the user. It offers a platform for both investment advisory and financial planning.
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