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What foreign exchange scams are there?
Scam 1: Black Platform

There is no legal foreign exchange platform in China, and all foreign exchange platforms are not regulated in China. Therefore, even a legally established foreign exchange trading platform overseas is not recognized in China, even if it is supervised by the NFA of the United States, the FCA of the United Kingdom and the Hong Kong Securities Regulatory Commission. However, in addition to the black platform, other foreign platforms are indeed formal.

Scam 2: high income, guaranteed profit

Any investment has risks, and the income is directly proportional to the risks. No investment can be profitable without losing money. Remember, there is no free lunch.

Scam 3: zero cost

The cost in our transaction is the spread, which is charged by each platform, because the platform also needs operation and maintenance, and the spread is equivalent to the service fee charged by the platform. If the platform you are doing now has no spread or the spread is very low, then pay attention. Under normal circumstances, the spread is basically around two or three points. Too high or too low is unreasonable.