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, but those with strength will be supervised by FSA/NFA/CFTC. For foreign exchange companies, stricter supervision and higher standards of capital security are needed to gain the recognition and trust of domestic investors. On the contrary, some companies without regulators will claim authorization and specious cooperation from the China government, so investors of such companies need to be careful.
3. Believe in word of mouth and find an old brand. Foreign exchange trading in China has a history of more than ten years, and the foreign exchange platform that has been able to gain a foothold for so many years has naturally been demonstrated by countless investors and has a high credibility.
People who dare to spend money have strength. I don't believe you. Look at dealers who have been advertising on professional websites for a long time. They can spend money on promotion for a long time, which shows the strength of the company to some extent.
5. Look at the negative news on the Internet objectively. If you are a customer, you just need to see if the platform has frequent problems, is it slippery, is it disconnected, register for a simulation test several times, and then open a mini or a small real account to try it, see the supervision and see their publicity; If it is an agent, pay attention to platform supervision, agency policy and company strength. If the company is in the United States and Britain, it is difficult to visit the office. However, if there is a branch in Hong Kong, you must visit it. Hong Kong is a land-intensive place, and a decent office location represents the strength of this company. You can neither blindly believe the gossip on the Internet, nor turn a deaf ear to it. Before judging things, you need to have your own opinion based on facts. Otherwise, if you are on thin ice all day, you can't avoid the stock market countercurrent and gain something in the foreign exchange market.
Whether you are trading yourself or choosing a banker, you should remember one sentence: investment is a state of mind, and an objective state of mind is the fundamental prerequisite for trading profits. There is no savior in the world. Believe in yourself when trading.
Finally, it is emphasized again that the most important and reliable thing for investors is non-authoritative supervision.