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Trak Global Group
United Kingdom
2009 (16 Years)
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What are the differences in regulations for each
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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 Trak Global Group
Company Information
Get to know Trak Global Group
Trak Global Group develops hardware & app-based telematics platforms for the high-growth usage-based insurance and fleet management markets, both in the UK and overseas. Their capability spans product design through to data analytics, and their market-leading app technologies mean they’re ideally placed to capitalise on the convergence of OEMs, insurers and consumers around both connected car and new usage-based mobility models. Their core group businesses work with insurers, fleet operators and OEMs to help them leverage the power of connected technologies, the IoT and big data.
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- Financial InsurancePRIMARY
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