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Is the foreign currency investment platform illegal?
Of course not. In this regard, the state has not promulgated any laws on foreign exchange speculation, so it belongs to the gray area of the law, and the state has neither allowed nor forcibly prohibited it. Foreign exchange trading itself is not illegal. It is not illegal, but there are countless foreign currency investment platforms that operate illegally. At present, in China, only foreign exchange transactions in banks are legal, and other trading platforms are illegal. However, at present, domestic development lags behind foreign countries, and there are no qualified distributors. Because there is no supervision in China, the key lies in the lack of qualified dealers and effective supervision in the domestic market, so that domestic investors who invest in this field must participate in transactions through Hong Kong or foreign distributors.