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Neo (getneo.com)
Spain
02 Sep 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 Neo (getneo.com)
Company Information
Get to know Neo (getneo.com)
NEO re-invents international corporate banking from the ground up. Our vision is to create a global multi-currency account for global treasury teams. NEO multi-currency account allows you to start operating globally: > Accessible in matter of days > European IBAN > Multi-currency by design pay / collect in +25 currencies with 1 IBAN number > An IBAN in your company name > SEPA, SWIFT connected > Ultra competitive pricing (both for FX and cross-border payments) > Connectivity with accounting systems and PSPs via API > Professional support from cross border payment specialists All powered by NEO's proprietary core banking system: > Market prices in real time > Trading capabilities at transparent and ultra low commissions > Broad range of assets: spot, forward, options and swaps > Multi-currency wallets to store currencies > Post-execution management NEO offers the highest level of security: > +300 corporate clients in Europe > Regulated by the Spanish market authorities - CNMV > National Bank of Spain PSD2 license > ISO 27001 certified > Swift Member (BIC: NEOPESBB) > Safeguarding of funds with AA rated banks in EU 100% plug and play. It is live immediately without any type of complex integration. Neo is fully regulated by the Spanish Market Authorities (CNMV) for advising and dealing in FX derivatives.
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- Financial Other ServicePRIMARY
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