With so many foreign exchange platforms, how to choose one that can be used and used easily?

You may not even know what "easy to use" means.

Let me popularize the basic knowledge.

First of all, foreign exchange trading platforms are very complicated, and some are even sinister.

For example, after receiving your quotation, some platforms may throw your quotation into the trash can-of course, this was a long time ago. At that time, after receiving the quotation, the operator would copy it on a small piece of paper and throw it into the trash can. Now the Internet age is more convenient. You don't have to copy or throw, as long as you don't care about your own order.

This platform is called trash can in the industry.

The trash can is not the most terrible thing. Some platforms not only don't deal with it, but also cheat you in turn. Obviously, the price has not risen, and the platform tells you that it has risen, or it tells you that it has fallen, which makes you lose everything.

If it's more subtle, deliberately set some sliding points. You clearly saw the price when you placed the order, but the price of the transaction was completely different from what you saw. The price difference in the middle is the sliding point. Slip points are inevitable. Many times, you can only admit that you are unlucky for the loss caused by slipping. Even if it is suspected that there is a problem, it is difficult to produce evidence to settle accounts with the platform.

In short, foreign exchange platforms are complex, with many good platforms and many bad platforms, which need to be carefully identified.

Fortunately, I feel that there are still many trading operations that have not been completed. I was cheated when I opened an account, and no one will listen to Brother Dog's class in the future. So Brother Dog introduces several principles here to help you identify cheaters and try to find a safe, easy-to-use and cheap platform to open an account.

1, supervision is the most important

In fact, China's financial market supervision is quite conscientious.

Friends who may have speculated on stocks think that A shares are very dark, and friends who have bought financial management think that financial management is risky. To tell the truth, it's because you haven't seen the financial markets in Hong Kong or the United States that you eat people and don't spit bones. People who don't believe it go to see the classic movie "Recovering Margin" and see how those foreign-style and big-name American financial groups cheat customers of money. If this is not fraud, then I really don't know what fraud is.

In the regulated financial market, all kinds of manipulation, fraud, illegal fund-raising and other acts are still endless. If there is no supervision, it will be even worse, and the liar will go to heaven.

So supervise, supervise, supervise. Supervision is the most important principle in the foreign exchange trading market.

When choosing a foreign exchange platform, the first thing is to choose a strict supervision.

Unfortunately, China doesn't care about foreign exchange transactions, and everyone can't enjoy the strictest financial supervision in the world. We have to settle for the second best and find something useful. The supervision of these developed countries is relatively acceptable:

United States: National Futures Association (NFA) and Commodity Futures Commission (CFTC).

United Kingdom: Financial Conduct Authority and Prudential Authority.

Australia: Australian Securities Investment Committee

Switzerland: Swiss Federal Committee on Banking Supervision (SFBC)

Germany: German Federal Bureau of Financial Supervision

France: French Financial Market Authority (AMF)

Canada: Financial Markets Authority of Canada (AMF)

If a platform can get the license (at least one license) recognized by the regulators in these developed countries, it shows that the basic requirements of this platform are still excellent and worth further understanding. Of course, there are other countries in the market that also issue regulatory licenses, depending on the regulatory level of that country. The higher the level of supervision, the more reliable the platform.

2. Reliable deposit and withdrawal

Before trading on the foreign exchange platform, you need to deposit money into the platform account, so that you can trade in real time.

Generally speaking, it is very smooth to deposit money into the foreign exchange platform (that is, you deposit money into the platform), and there may even be special service personnel to guide and train you how to operate it.

However, some unreliable platforms will make things difficult for you when withdrawing money (that is, taking money out of the platform), such as asking you to do some transactions first, or charging a high withdrawal fee, or providing all kinds of irrelevant and unnecessary materials and waiting for an unknown time. In short, it is all kinds of troubles.

Therefore, deposit and withdrawal is an important symbol of a reliable platform, especially convenient, reliable and less troublesome.

Brother Gou suggested not to save all the money at once after opening an account, but to save a small sum of money before taking it out to see if the whole process is feasible, convenient and timely.

If a small sum of money goes wrong, forget it. Making big money will only be harder. It is recommended not to use such a platform at all.

3. Less sliding points

In the early stock market trading, the records of stock trading were printed on paper tape with a printer. If you want to know the current price of the stock market, just look at the latest record on the paper.

But occasionally encounter special circumstances, the market transaction volume is too large, and the transaction speed is too fast, which exceeds the printing speed of the printer. This is awkward because it takes a long time for the printer to print the previous transaction records. 1929 this happened in the American stock market, when the market suffered a century crash and the stock market selling surged. Finally, the printer didn't print out all the trading records of the day until 40 minutes after the stock market closed 1 hour.

Of course, with the advent of computers and the Internet, the situation has improved, but it is still not completely solved. Because Internet equipment also has the limit of processing capacity, when encountering such catastrophic moments as 200 1, 9 1 1, the market fluctuates violently, and the transaction volume easily exceeds the limit of equipment, so there will be a time difference in the market. The greater the volume, the greater the time difference, the greater the price uncertainty in the middle, and the slip point will inevitably appear.

Slip points should be rare in daily transactions. If the trading platform you choose slides every day, even all the time, it means that you have chosen the wrong platform.

A good platform should have almost no slippage in daily life, and it will only appear when the trading volume in some special markets increases sharply and the price fluctuates violently. And even if it appears, the direction of the slip point should be half and half, half of which will make you lose money, but half of which may make more money instead! This is a reasonable situation.

Of course, it is difficult to encounter the problem of slipping, and it is also difficult to know whether the direction is normal. This goes back to the first one, supervision is the most important!

If the supervision of the platform is strict, it is generally afraid to make fraud on the sliding point. But if the platform is not standardized ... the sliding point is hard to say.

4, the transaction cost is cheap

If the platform

The safety is good, the deposit and withdrawal funds are guaranteed, and there are few special circumstances such as slippage. So basically this is a reliable platform, and then we have to consider the transaction cost.

The transaction cost of the platform is also divided into two types, one is spread and the other is commission, depending on whether the platform is a market maker or STP+ECN.

But whatever the form, the lower the transaction cost, the better. Especially for intraday trading, there is a transaction fee for each transaction. If you pay too much, a strategy that could have made money will become unprofitable or even lose money. Your hard-working strategy is worthless.

But if you hold the transaction for a long time, the transaction cost is relatively unimportant.

5, software friendly

At present, many foreign exchange platforms use MT4 software, and their operating interfaces are similar.

However, some platform softwares provide additional services, such as watching some real-time news and providing convenient tools for viewing pictures (not Meitu Xiu Xiu! It is a tool to look at the technical chart of foreign exchange trend! ), provide the calculation of commonly used indicators, and so on.

This kind of friendly software can simplify your operation and save a lot of time and energy.

6. Professional and reliable customer service

Taobao JD.COM, the best Internet company in the world, is sometimes blocked or even disconnected. The same is true for foreign exchange platforms. It is inevitable to encounter some problems occasionally. It is also important to find a clerk (or customer service bar) to help you solve the problem in time when there is a problem.

For example, the withdrawal time is a little late, or the software temporarily shows that it is difficult to log in. At this time, Xiao er's serve is very important.

Talk to their customer service when choosing a platform. If the customer service is professional and reliable, you can save a lot of effort by using this platform later.