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myPortableFinance
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31 Jul 2020 (5 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 myPortableFinance
Company Information
Get to know myPortableFinance
What is MPF? myPortableFinance is designed to mimic your behavior to save you time and automate all your finance tracking & management. Simply, setup your Annual Expenses, Income Sources, Savings Goals, Debts and/or Vehicles and watch MPF take care of the rest. How is MPF different? We understand finance management isn't just about income and expenses. So we've built a solution that incorporates all your needs, not just a few. Accountant access (Business Access), Yearly expense cover, Tax deduction manager & vehicle manager are just a few of our innovations already available, with so much more to come.
Industry
- Financial Other ServicePRIMARY
- Financial Wealth Management
- Technology Software Development
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