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Nomad Credit
United States
2017 (8 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 Nomad Credit
Company Information
Get to know Nomad Credit
Nomad Credit is a financial marketplace for those underserved by other marketplaces. They aim to find the right product for international students and/or visa holders currently or planning to live in the U.S. The main visa holders they serve are F1, J1, L1 and H-1B visas. Nomad Credit allows international students and visa holders to search for education loans, education loan refinancing, personal loans, auto loans, auto insurance, student medical insurance, renters insurance and credit cards. Based upon the information provided in a search, Nomad Credit will provide the potential options for that international student or visa holder to compare.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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