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Oakam
United Kingdom
Aug 2006 (19 Years)
Last online: No recent activity
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1.67
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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 Oakam
Company Information
Get to know Oakam
Loal exists to equip those poorly served by mainstream credit services to overcome short-term difficulties, build their credit profiles and enhance their financial literacy. Through the Loal app, we provide the credit building tools to enable the financially excluded to level up and improve their financial wellbeing. We do this by disrupting the traditional credit scoring system and giving control back to consumers.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Technology Software Development
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