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Ybex
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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 Ybex
Company Information
Get to know Ybex
Ybex is a Hong Kong-based FinTech startup and their platform, YBEX, is the ultimate marketplace for foreign currencies services. They help individuals and businesses compare and lock-in exchange rates with the most suitable money service providers for their remittance, cross border payment and money exchange needs. Their two-sided platform marries the latest mobile, web and cloud-based technology with bleeding-edge ultra-high frequency trading infrastructure. For users of FX services, their mobile app YBPay brings transparency and convenience; for money service providers, their web portal YBPro helps streamline operation. Their aim is to revolutionise the whole ecosystem - whether it is for oversea foreign workers, travellers, oversea students and multi-national corporations on the user side, or for local money exchange shops, international remittance companies and banks on the service provider side, YBEX improves the experience for everyone.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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