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Cartrack Technologies
South Africa
2004 (21 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 Cartrack Technologies
Company Information
Get to know Cartrack Technologies
Cartrack is a global provider of fleet management solutions, insurance telematics and vehicle tracking and recovery as a safety and security services. Cartrack collects raw data from telematics devices installed in vehicles transforming it into intelligent management reports, allowing business to maximise operational efficiencies of their vehicles and human resources, leading to significant financial savings and competitive advantages. Founded in South Africa, Cartrack designated Singapore as their global growth hub for countries outside Africa. Cartrack Technologies Asia currently has subsidiaries in the UK, Portugal, Spain, Poland, UAE, Malaysia, Philippines, Indonesia, Thailand and Hong Kong.
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- Financial InsurancePRIMARY
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