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Binery
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07 May 2020 (5 Years)
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Security Information
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 Binery
Company Information
Get to know Binery
Binery provides an AI-enabled accounting service for growing businesses. Binery services customers who dislike dealing with self-service accounting software and seek a more digital accounting experience compared to legacy practices by traditional accountants. We strive to provide an affordable & hassle-free experience, ultimately enabling business owners to focus on the core aspects of their business. Accounting is notoriously confusing and laborious for a founder without a financial background, even with accounting software. Business owners deserve a better accounting experience.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Technology Software Development
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