Company Information

Get to know RACQ

Founded in 1905, The Royal Automobile Club of Queensland (RACQ) is a member-owned organisation, or mutual, dedicated to serving its nearly 1.8 million members. Initially established to advocate for and assist motorists, RACQ has grown into one of Queensland's most trusted brands. Its mission is to deliver value and peace of mind to members through a diverse portfolio of services, which includes its renowned roadside assistance, a wide range of personal and commercial insurance products, a comprehensive retail banking division (RACQ Bank), and travel agency services. As a mutual, profits are reinvested back into the organisation to improve services and benefit its members and the broader Queensland community.

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Financial InsurancePRIMARY
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RACQ

Australia

Founded in

1905 (121 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

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.

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.