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BuyForexOnline
India
2012 (13 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.
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Get to know BuyForexOnline
Company Information
Get to know BuyForexOnline
Have you ever purchased or wanted to purchase Forex online? Chances are, you haven't. Not because you didn't want to, but because there was a woeful lack of quality, user friendly and Forex-focused sites unavailable on the web. BuyForexOnline is here to change that. As the first non-banking online platform in India geared solely towards your personal travel Forex needs, BuyForexOnline.com is a bold and unique initiative to simplify the experience of acquiring foreign exchange. Expect the best rates and transparent pricing, coupled with the convenience of D3 - direct doorstep delivery. What's more, unlike traditional money changers who cannot guarantee a fixed Forex rate when placing your order, BuyForexOnline.com ensures that you stay insulated from any rate fluctuations, once you confirm your order. No More IVRs - Expect shorter response times with dedicated customer service lines and personnel that are always available to you while in India or abroad In a nutshell, they have brought to you an online Forex store which requires no phone calls or physical visits to a bank or money changer, no last minute rush for arranging cumbersome documentation, and no hassles of preparing a DD or withdrawing large sums of money. All it takes are a few simple clicks. Who are they? They are a dedicated team of individuals with extensive expertise in the Forex, e-commerce and client service spheres. Being in the Forex market for over 15 years they have understood the need for a completely online portal. And their website is an answer to bridging this gap.
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