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Monte Carlo Gold
Ireland
02 Dec 2020 (4 Years)
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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 Monte Carlo Gold
Company Information
Get to know Monte Carlo Gold
Monte Carlo Gold Limited is a Fintech company incorporated in Ireland that has developed a proprietary technology platform granting it access to buy, sell & transfer physical gold. MCG has a strategic alliance with Dillon Gage, to access the physical gold reserves of the Royal Canadian Mint, in Ottawa, Canada granting MCG access to the vast gold reserves of the mint via a dedicated technology platform rail, feeding a live ‘bid/offer’ price on physical gold held in the mint. The gold is represented by a digital ownership or vault certificate held securely in your mobile wallet, enabling both retail and institutional Clients to buy and sell gold 24/7 in a highly liquid market, or transfer the ownership of the gold instantly, and redeem the physical gold if needed MCG's proprietary service layer platform transmits a live bid/offer physical gold price, allocating the gold real-time, permitting both retail and institutional Clients to buy and sell allocated, physical gold 24/7 in a highly liquid market, or to transfer the ownership of the gold instantly, and to redeem the physical gold if required
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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