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United States
01 Jan 2001 (25 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 First Progress
Company Information
Get to know First Progress
First Progress is a financial services brand specializing in secured credit cards for individuals with poor, limited, or no credit history. The program's mission is to provide an accessible pathway for consumers to establish or improve their credit scores. Cardholders provide a refundable security deposit that typically matches their credit limit, reducing the risk for the issuing bank. The First Progress Platinum Mastercard® cards are issued by Synovus Bank, N.A., and First Progress is the program manager. The company reports payment history to all three major credit bureaus (TransUnion, Equifax, and Experian) to help customers build their credit profiles.
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