Company Information

Get to know Covary

Covary is a fintech company that operates a social trading platform designed to make investing accessible and transparent. Its core service allows users (Investors) to browse through a selection of professional traders (Masters), view their performance history, and automatically replicate their trades in real-time. The company's mission is to provide a collaborative trading environment where beginners can benefit from the expertise of seasoned professionals, and successful traders can earn additional income by sharing their strategies. The platform supports trading across various asset classes, including Forex, cryptocurrencies, and CFDs on indices and commodities.

Industry

Forex Retail BrokerPRIMARY
Financial Insurance
Financial Other Service

Software

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Contact

Social

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Covary

United States

Founded in

25 9月 2021 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

0 reviews

Provided by TrustFinance

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.