: There are banking licenses, security and supervision.
It used to be known that the platform with a real protection plan is the platform under the supervision of FCA in the UK (please note that the account must be opened to FCA in the UK), and the protection plan is 50,000 pounds. Credit Suisse Bank of Switzerland also has a guarantee of 654.38 million pounds for 700,000 RMB. At present, few institutions in the market can provide trading platforms for retail investors. Credit Suisse provides investors with more protection than they do, and customers' funds can be directly guaranteed by the Swiss government. I believe that no other dealer can do this at present.
As early as 2009, Switzerland drastically rectified the chaos in the retail foreign exchange market. Only institutions with banking licenses can engage in foreign exchange business, so there are only one or two Swiss foreign exchange brokers left. Doing foreign exchange transactions in Swissquto Ruixun is the same as doing foreign exchange transactions in China Workers' and Peasants' Construction, and the funds are safe and secure.
In addition to providing foreign exchange services, Xunbank also provides traditional banking services, that is, providing fresh services, consulting services, coordination services and starting business.
In fact, the biggest difference between Credit Suisse Bank and ordinary foreign exchange dealers is that besides providing foreign exchange business, we also provide all conceivable banking services, including savings, deposits and loans, mortgage loans, credit cards and so on. In addition to the Swiss headquarters, we have branches in five countries and seven cities around the world. There are also private banks, mainly for high-net-worth customers, which help them customize their investment plans according to their investment preferences through network coverage and pure electronic operating platforms.
The so-called loan fraud means that borrowers or insiders of credit institutions cheat loans from credit institutions by fabricating facts and concealing the truth. With