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Progi
Canada
1990 (35 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 Progi
Company Information
Get to know Progi
Progi benefited from the diverse expertise of its shareholders and employees to gain recognition from, first the auto recycling industry, then insurance companies, collision repair shops and other partners of these industries. Their development of software (named ProgiPac) targeting recycling center management and their devotion to their clients gave the business a solid base to establish its reputation. Since then, many innovations and the opening up of new markets -- through projects such as ProgiPix and Online Claim, for insurers and auto recyclers, ProgiParts, ProgiSync and ProgiLog, intended for collision repair shops -- served to boost Progi's steady expansion.
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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