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Amacongo
United States
12 Dec 2018 (6 Years)
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Security Information
What are the differences in regulations for each
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.
Company Information
Get to know Amacongo
Company Information
Get to know Amacongo
Amacongo is the ecommerce platform solution for the financial services industry. For decades Financial services professionals have engaged with the end consumer the same way, fill out some forms, open some accounts at a custodian, and transfer or wire in funds. The end consumer puts up with this old process, meanwhile the rest of the free world now shops, researches, and purchases things online via their tablet, mobile device, or laptop. Billions of people shop online but the financial services industry remains in the dark ages with older technology and spreadsheets. Amacongo changes this dynamic and moves the financial services professional into the 21st century by providing a true ecommerce point of sale solution to financial firms.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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