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India
2011 (15 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
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.
Get to know BookMyForex.com
Company Information
Get to know BookMyForex.com
Founded in 2012, BookMyForex.com is India's first and largest online marketplace for retail foreign exchange services. The company's mission is to bring transparency, convenience, and cost-effectiveness to the process of buying and selling foreign currency for individuals and businesses. It operates as an aggregator platform, connecting customers with a network of RBI-authorized foreign exchange dealers and banks to provide competitive exchange rates for currency notes, forex cards, and international wire transfers. The platform is a brand of "Tripshope Travel Services Private Limited".
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