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Flamingo Tech PTY LTD
Australia
19 Apr 2021 (4 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 Flamingo Tech PTY LTD
Company Information
Get to know Flamingo Tech PTY LTD
Flamingo is a personalised financial platform that helps users manage their finances & set savings goals based on their desired lifestyle. Financial Uncertainty has been given to us in this Post Covid World. Over 13 million Aussies are without a financial backup plan or emergency fund. There is an extensive gap between expense management and wealth-building tools. Despite a growing number of financial tools and resources, there are limitations on personalised solutions. Flamingo's Smart Analyst helps you forecast by tracking your income and expense behaviours whilst building your financial profile. By providing an overview of a user's financial well-being, we enable the user to be prudent and anticipate unforeseen circumstances.
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- Financial Other ServicePRIMARY
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