Legal analysis: As long as the standardized formal platforms are legal, because our government does not interfere with everyone's personal investment, many people want to do foreign exchange transactions, but they are worried that they will break the law. So I'd like to introduce you to the question of whether foreign exchange transactions are legal or not. Foreign exchange companies are usually provided by foreign exchange dealers and refer to trading companies or individuals who buy and sell foreign bills.

Legal basis: Article 190 of the Criminal Law of People's Republic of China (PRC), if a state-owned company, enterprise or other state-owned unit, in violation of state regulations, deposits foreign exchange abroad without authorization, or illegally transfers domestic foreign exchange abroad, if the circumstances are serious, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention.