What is MCQ Markets?
What types of assets can I invest in on McQ Markets?
What is fractional investing?
What is KYC?
KYC, or Know Your Customer, is a process used by financial institutions and other regulated entities to verify the identity of their clients. This is a crucial step in preventing fraud, money laundering, and other illegal activities. Here's a quick breakdown of what it involves:
Identity Verification: Collecting and verifying information such as government-issued ID, passport, or driver's license.
Address Verification: Ensuring the client's address is accurate through utility bills, bank statements, or other official documents.
Risk Assessment: Evaluating the potential risk of illegal activities based on the client's profile, transaction history, and other factors.
Ongoing Monitoring: Continuously monitoring client transactions and behaviour to detect any suspicious activities.
KYC is essential for maintaining the integrity of the financial system and protecting both institutions and customers from fraudulent activities.
What is SEC?
The Securities and Exchange Commission (SEC) is a U.S. federal agency responsible for enforcing laws related to the securities industry.
Think of it as a "watchdog" for the stock market and other securities and financial markets in the United States. Its job is to make sure everything runs fairly and transparently so that investors are protected from fraud and misleading practices.
In simple terms, the SEC makes sure that the financial markets are safe and fair for everyone.
What am I investing in?
What happens if the market for cars declines?
What happens if an asset appreciates or depreciates in value?
If an asset appreciates in value, investors may benefit from increased returns upon its sale. If an asset depreciates, the returns may be lower than the initial investment. Investors should be aware of these potential outcomes and consider them when making investment decisions.
As always, please note that your investment can go up or down in value, and you may not get back the amount you originally invested.
What are the fees involved on each investment?
What is an Escrow and how does MCQ Markets use it?
What if I want to sell my shares before the company sells the car?
What are the risks involved in the securities that MCQ Markets offers?
Investing in classic cars carries unique risks, such as market volatility where the value of these assets can fluctuate significantly based on trends and collector interest. Liquidity risk is also a factor; unlike stocks or bonds, selling these items quickly without a loss in value can be challenging. Lastly, the limited diversification offered by these assets can lead to higher risk if they form a significant part of an investment portfolio.
The above is just a selection of risks, and there are many more risks associated with investing in our offering. You should read and review the full disclosure of risks associated with investing in our offering, and investing in general, in our offering circular.