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2021 (5 Years)
Last online: No recent activity
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This company is currently Unproved.
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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 UCompare Mauritius
Company Information
Get to know UCompare Mauritius
UCompare.mu is the first financial services comparison website in Mauritius, launched to bring transparency and simplicity to the country's financial sector. The platform allows users to compare a range of products, including car insurance, home insurance, loans, and banking services, from various local providers. UCompare.mu is a trading style of Velox Underwriting Ltd, which is licensed by the Financial Services Commission (FSC) of Mauritius as an Authorised Agent for major insurance companies like SWAN, Mauritius Union, and SICOM.
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