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SPARQ
Estonia
10 May 2019 (6 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 SPARQ
Company Information
Get to know SPARQ
SPARQ OÜ is a fintech company that created and developed a personal financial platform for everyday use. SPARQ’s personal finance platform is a unique technology that allows users to take their finances to a whole new level, i.e., to categorize their spending, manage their subscriptions, complete financial challenges to earn SPARQ’s internal currency (Q-points), make free European payments, earn special rewards, offers and challenges from partner companies and socialize their financial life.
Industry
- Financial Other ServicePRIMARY
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