Therefore, in any formal foreign exchange trading platform, funds need to be remitted to the custody account supervised by the FSA in the UK or the custody account supervised by the NFA of the American Futures Association. Such a platform belongs to the external market and is a formal platform.
Secondly, consult the regulatory information of the platform and ask the relevant staff to provide you with perfect regulatory information. If it is not regulated by NFA, FCA or even ASIC, then even if it is not a gambling platform, don't try it easily. Because it will be unsafe, in this market, the safety of funds is the first. If you can't even guarantee the safety of funds, what investment will you make?
It depends on whether the spread is too low. Too high a price difference is probably the price difference added. It may not be a gambling platform, but it is even more strange if the spread is too low. Here, a low spread refers to a spread as low as 1. In the foreign exchange market, the spread of half of the formal platforms is 2-5. If it is 1, it is impossible to maintain the normal operation of a company. Imagine if
Another important way to judge is the establishment time and popularity of this platform. There are many new platforms in the foreign exchange market every day, accompanied by many preferential policies. As for the spread, whether the server is stable, whether it is a gambling platform, etc. There is no way to judge. Therefore, we might as well find some well-known traders with older brands. After so many domestic customers' experiences and transactions, there are no disputes and problems, which shows that these platforms have excellent stability, convenient transaction speed and safe capital guarantee.