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Propel
United States
2012 (13 Years)
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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 Propel
Company Information
Get to know Propel
Propel is a software company in the commercial transportation industry. In recent years accident rates, insurance claims, and insurance premiums have risen dramatically in both frequency and cost. There is now a greater need to track and quantify the true risk level of a commercial fleet than ever. This need has led to the creation of RouteRisk, Propel’s mobile software platform that tracks, scores, predicts and ultimately reduces commercial vehicle accidents by over 50%. With cutting edge and proprietary technology, RouteRisk is uniquely positioned to drastically reduce the accident rates and claims of every driver who participates in the program. From its turn-by-turn routing and in-cab safety voice alerts to the immense database of FMCSA, DOT inspection, and vehicle history data for every single commercial fleet in the country, RouteRisk is unrivaled in its ability to reveal the true risk level of any commercial fleet in the United States.
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- Financial InsurancePRIMARY
- Technology Software Development
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