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Storat
United Arab Emirates
01 Sep 2015 (10 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 Storat
Company Information
Get to know Storat
Our mission is to web and mobile enable small businesses all over the middle east to help them reach millions of customers locally and overseas. Our vision is to create a social ecommerce marketplace, where sellers and buyers are not locked inside and can communicate and transact freely on or off the market. Where the marketplace operator charges no margin, so sellers can provide their products and services at the lowest cost possible, while distinguishing themselves with a great brand, excellent customer service, and feedback. We will make it easy for consumers and small businesses to setup online and mobile presence in minutes at no or very little cost with powerful, simple, and easy to use cloud-based solutions to connect with customers, run their business, and grow. While our flagship product is a socially-enabled online marketplace, we are a technology company, a Cloud Distribution Company.
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- Media Media AdvertisingPRIMARY
- Technology Software Development
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