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SurplusHub.com

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Norway

Founded in

19 Oct 2015 (10 Years)

Founded

Last online: No recent activity


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1.67

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Security Information

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    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.

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    Company Information

    Get to know SurplusHub.com

    The oil and gas industry is global, extensive and a mass consumer of equipment and materials. SurplusHub.com offers a more convenient way of trading surplus, saving time, money and reducing environmental impacts. The oil and gas industry is fast moving, procurement-intensive and resource demanding. Oil field operators, service industry majors and third party suppliers are under constant pressure to have updated and specialized parts in hand, replacement readily available and at the same time balance logistics, lead times and regulations. As a result budgets are often massive to ensure quick deliveries, and environmental aspects down prioritized. SurplusHub.com is a brand new take on how equipment and materials can be indexed, accessed, sold, bought and reused on a global scale. The result are lower cost, more efficient sourcing procedures, shorter lead times and significantly reduced environmental impacts. Too often industry surplus is perfectly fine, sometimes even brand new second hand, and with varying needs across the globe, one company's scrapping candidate might be golden for someone else. SurplusHub.com offer an online solution that enables buyers and sellers to discover, connect, trade and ship all over the world, from anywhere to anywhere. The online portal, which launched 1,5 year ago, has been custom built from the ground up to be tailored and adapted to actual industry needs and modes of operation: The item categories adhere to internationally recognized classifications and descriptions, users can easily put items up for sale on the go using the mobile app, and any documentation can be uploaded alongside each item, and the trade dialogues are logged and carried out directly between registered sellers and buyers, ensuring transparency, efficiency and amicability.

    Industry

    • Technology Software DevelopmentPRIMARY
    • Technology Software Trading Platform

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