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FoxRent
Italy
13 Sep 2019 (6 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 FoxRent
Company Information
Get to know FoxRent
FoxRent is an innovative platform dedicated to the rental of commercial vehicles. It was born from a group of entrepreneurs who have been working in this sector for 25 years to meet the growing needs of the Rental and Customers. FoxRent allows every commercial vehicle to be continuously on the move, improving the customer experience and boosting rental revenues. As a further step towards innovation, there is the FoxCoin, the proprietary cryptocurrency of the platform, with which it is possible to carry out safe and convenient transactions.
Industry
- Crypto CryptocurrencyPRIMARY
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