Company Information

Get to know Penny Picks

The term "Penny Picks" describes a category of financial information services focused on penny stocks—securities of small companies that trade for less than five dollars per share. These services, typically delivered through newsletters, websites, or social media, aim to identify stocks with high potential for rapid growth. They are marketed to retail investors willing to take on significant risk for the possibility of substantial returns. The history of such services is long and varied, ranging from legitimate analysis of micro-cap companies to fraudulent "pump and dump" schemes. Their business model is usually based on subscription fees for access to exclusive stock recommendations and analysis.

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Financial Financial AdvisementPRIMARY
Financial Other Service

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Penny Picks

Name: Penny Picks
Address: US

United States

Founded in

N/A

Founded

Last online: No recent activity

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OVERALL SCORE

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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

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

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.