1. Find the regulator.
Many platforms flaunt that they are supervised by various regulatory agencies, such as the United States, Britain, Australia, Cyprus, Mauritius and so on. 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, 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 separate from the brokerage company's 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, and powerful companies will be supervised by FSA/NFA /CFTC. For foreign exchange companies, they need stricter systems and higher standards of capital guarantee to gain the recognition and trust of domestic investors.
On the contrary, some companies without regulatory agencies will claim authorization and specious cooperation from the China government, so investors of such companies need to be careful. At present, only TD of Shanghai Gold Exchange has been approved by the State Council. If you feel unable to control the capital risk, you can try to invest in TD, which has high transaction cost but the best security.
3. Believe in word of mouth and find an old brand.
Foreign exchange trading has a history of more than ten years in China. The foreign exchange platform that can stand for so many years has naturally been demonstrated by countless investors and has high credibility. For example, some senior foreign exchange dealers such as Fuhui and Jiasheng. As for the new platforms that have just emerged recently and have never heard of their names, I am not sure that 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.
Traders who can spend money on advertising for a long time illustrate 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 safety card.
5. Look at the negative news on the Internet objectively.
Investors should remain skeptical. You can't listen to all the rumors and turn a blind eye to everything. There are many online slanders among peers, so it is not advisable for investors to hold their own views.
skill
It is the creditor's rights held by the monetary authorities (central bank, monetary management institution, foreign exchange stabilization fund, Ministry of Finance) in the form of bank deposits, treasury bonds, long-term and short-term treasury bonds, etc. Can be used when the balance of payments is in deficit. Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ).) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc. As of 20 15, China ranks first in the foreign exchange reserves of governments all over the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher than that of China.
Related Q&A: Which is better, Jindao Global or Fuhui? Are both reliable? Jindao Global is the foreign exchange platform of Hong Kong, and FXCM is the foreign exchange platform of the United States, which is a real and verifiable foreign exchange platform.