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Trakz
United Kingdom
26 Aug 2016 (9 Years)
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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.
Company Information
Get to know Trakz
Company Information
Get to know Trakz
Trakz Labs provides products and services to pet owners using new and emerging technology to make pet ownership easy and engaging. We develop, manufacturing, and distribute a connected pet collar for cats and dogs, which allows a pet owner to quickly locate a lost animal, understand its activity levels, monitor its vital signs and generally engage with their pet in a much more meaningful way. We also provide Data interpretation to service providers such as insurance companies, vets, and food manufacturers to improve engagement, reduce underwriting risk and drive up margins.
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- Financial InsurancePRIMARY
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