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OilX
United Kingdom
2017 (8 Years)
Last online: No recent activity
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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 OilX
Company Information
Get to know OilX
OilX is a startup in the oil sector that provides a global real-time oil supply-demand balance. Combining oil sector expertise with data science to fuse oil, satellite and shipping data, OilX generates hyper-relevant real-time insights for traders and analysts in the oil markets. OilX is currently doing a beta test with 16 clients that concludes by the end of Q1 2019.
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