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United States
01 Jun 2008 (18 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 LOYAL3
Company Information
Get to know LOYAL3
Founded in 2008 and based in San Francisco, LOYAL3 was a financial services company with a mission to democratize the stock market. The platform allowed everyday investors to buy fractional shares of their favorite brands with as little as $10, completely free of commissions or fees. A key feature was its "Social IPO" program, which enabled companies to offer shares directly to their customers and fans during their Initial Public Offering. In May 2017, LOYAL3 ceased its brokerage operations and all customer accounts were transferred to FolioFirst, a service of Folio Investing.
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