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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 Route 66 Warranty
Company Information
Get to know Route 66 Warranty
Founded in 1986, Route 66 Warranty is one of the leading providers of vehicle service contracts in the nation. The company's business model is centered on partnering with financial institutions, such as credit unions and banks, to offer these plans to their members and customers. Their products are designed to cover the cost of unexpected mechanical repairs after the original manufacturer's warranty has expired. The program is administered by Auto Services Company, Inc. and its plans are insured by American Bankers Insurance Company of Florida, both of which are subsidiaries of the global insurance provider Assurant.
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