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FDCTech
United States
01 Feb 2016 (9 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 FDCTech
Company Information
Get to know FDCTech
Characterized by its vision and versatility, FDCTech Inc. (“FDC”) is a fully integrated company forever striving to partner not only with OTC Brokers but also those in the burgeoning cryptocurrency market by providing cutting-edge, cost-effective software solutions as well as business advice and, if need be, turnkey options that enable clients to fully realize their investment potential. Co-founded in January 2016 by Mitch Eaglstein and Imran Firoz, FDCTech (formerly Forex Development Corp.), based in New York City, has set itself apart from the competition in its brief history by melding technological and business expertise, and as a result can advise customers in either space. Eaglstein, now the CEO, is responsible for long-term strategy at FDC, his latest stop in a career that has stretched over a decade and seen him achieve great success in various executive-level positions in the FX brokerage and FinTech space. Firoz, now the CFO, heads up FDC’s strategic planning, corporate development, financial restructuring and risk management. Before assuming his present role he was the CEO and Director of ABT Holdings (also known as Scoobeez Global), helping that company increase revenues from less than $500,000 to $27 million.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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