Teach you how to distinguish a formal foreign exchange platform.
The prosperity of the market shows that the public's awareness of investment and financial management is becoming more and more mature, but this overgrown and mixed market often makes investors feel at a loss and suffers greatly! How to see the authenticity of the platform at a glance? For black platforms that rely on malicious attacks to gain a foothold in the same industry, how should they strip off their powerful "disguise"? 1, Identifying Regulators Many platforms advertise that they are regulated by various regulators, such as the United States, Britain, Australia, Cyprus, Mauritius, etc. But in the final analysis, the supervision of the British Monetary Authority (FSA) is the strictest in the whole financial industry, so if a company is supervised by FSA and can find the corresponding supervision number, then you can trade with confidence. You know, FSA is the first regulator in the world to require foreign exchange companies operating in the UK to put their clients' funds in separate accounts, which are completely separated from the brokerage companies' own bank accounts. 2. Does China government cooperate with distributors? Because the domestic foreign exchange margin trading market has not really been opened, the business activities of major foreign companies will not be supervised and authorized by any domestic institutions, but those with strength will be supervised by FSA/NFA/CFTC. For foreign exchange companies, stricter supervision and higher standards of capital security are needed to gain the recognition and trust of domestic investors. On the contrary, some companies without regulators will claim authorization and specious cooperation from the China government, so investors of such companies need to be careful. At present, the State Council has only approved TD of Shanghai Gold Exchange. If you feel that the capital risk is uncontrollable, you can try to invest in TD. Although the transaction cost is high, safety is the first. 3. Believe in word of mouth and find an old brand. Foreign exchange trading in China has a history of more than ten years, and the foreign exchange platform that has been able to gain a foothold for so many years has naturally been demonstrated by countless investors and has a high credibility. For example, some experienced foreign exchange dealers such as Fuhui and Jiasheng. As for the new platforms that have just emerged recently, I haven't heard much about their names. I'm not sure they are all black platforms, but at least half of them are problematic and need to be carefully considered before investing. People who dare to spend money have strength. I don't believe you. Look at dealers who have been advertising on professional websites for a long time. They can spend money on promotion for a long time, which shows the strength of the company to some extent. Take Fu Hui as an example. I can see his advertisements all over the world, which shows that the client's funds are safe and reliable. Advertising is a safe card. 5. Look at the negative news on the Internet objectively. When I first started doing foreign exchange, there were few platforms to choose from, but in 2004, various domestic platforms began to scuffle. In 2006, something happened to Ruifu, and my friends and I never got the money because Ruifu entered the settlement procedure. Fortunately, I have orders on several platforms, and the loss is not great; Immediately after Jiasheng quit China, he felt that being a customer was too insecure, which made me pay more attention to industry websites and forums. I am rooted in Taoke, and pay attention to Bao Tong (Waihuitong and Waihuibao). I've seen odl go bankrupt before. I really called out of curiosity, but the result was false, saying that it was malicious slander by my peers, and then there were more and more comments attacking each other on online forums, and my heart became more and more peaceful. Investors should treat these negative news dialectically, and their mood need not be affected by it. If you are a customer, you just need to see if the platform has frequent problems, is it slippery, is it disconnected, register for a simulation test several times, and then open a mini or a small real account to try it, see the supervision and see their publicity; If it is an agent, pay attention to platform supervision, agency policy and company strength. If the company is in the United States and Britain, it is difficult to visit the office. However, if there is a branch in Hong Kong, you must visit it. Hong Kong is a land-intensive place, and a decent office location represents the strength of this company. You can neither blindly believe the gossip on the Internet, nor turn a deaf ear to it. Before judging things, you need to have your own opinion based on facts. Otherwise, if you are on thin ice all day, you can't avoid the stock market countercurrent and gain something in the foreign exchange market. Whether you are trading yourself or choosing a banker, you should remember one sentence: investment is a state of mind, and an objective state of mind is the fundamental prerequisite for trading profits. There is no savior in the world. Believe in yourself when trading. Finally, it is emphasized again that the most important and reliable thing for investors is non-authoritative supervision.