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Loaded Pocket
United States
27 Nov 2013 (11 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 Loaded Pocket
Company Information
Get to know Loaded Pocket
Loadedpocket is a free to register financial web application that allows the integration of all financial services into a single platform. It is a central transaction website for all personal balance sheet items such as banking, investing, selling/buying assets, real estate, credit cards, personal loans, installment loans, real estate loans and business loans. Currently the market serves read only reporting but LoadedPocket will change the market for personal banking similar to Travelocity and Priceline of the travel industry. The bulk of their revenue comes from affiliates, a significant portion from full-service fees and a fair portion in sales commissions from easy listings of personal assets for sale. While there is not a business in the market offering third party transactional software, there is also not a competitor for valuing all assets a person owns (cars, planes, boats, baseball cards, diamond rings, the toy in a happy meal), all those sales earn commissions for LoadedPocket. The service allows for two functions that other sites do not allow as well. Integration with estate planning software, and integration with geneology sites that captures a families net worth and not only their own. The application provides up-to-date reporting, managing financial reporting, valuing all personal assets. All income and expenses are auto-categorized for income and expense reporting. That means preparing taxes is a snap. In summary, LoadedPocket is the Priceline and Travelocity of the financial services and banking industries where financial service companies bid for reducing a persons costs as well as allowing the ability to transact from all accounts to all accounts. The best part is that no other companies are doing this today.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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