First of all, let's talk about what is a liar of a foreign exchange company. I think there are several points. First, there is no supervision. Second, in the case of gambling, there is no fund pool maintenance and no risk control. Third, not taking enterprise development as the goal, but only taking the boss's self-interest as the only criterion. Fourth, malicious backstage manipulation prevents customers from making profits. Fifth, do not give customers free access to funds.
Why do I think the above points are all fraud companies?
First of all, if you don't even have a regulatory license, you can't be called a foreign exchange company at all. Second, sitting on the ground is not cheating, but gambling without economic ability and scientific risk control will inevitably lead to bankruptcy of enterprises and loss of customers. Third, enterprises that only rely on whether the boss makes money will inevitably develop to the fourth and fifth points.
So are there many swindlers in foreign exchange companies?
Unfortunately, there are many answers. Even people in the industry sometimes can't identify them one by one. I have been operating a foreign exchange platform for nearly five years, and sometimes I am surprised that "a certain foreign exchange platform is a liar".
Finally, how to prevent it: first, try to find a big company, and then carefully identify several elements. 1. Check whether the regulatory license is true. 2. Check whether the trading software is genuine. 3. Ask about the development of the enterprise. It's best to ask sales first, and then ask customer service. Whether the answers are consistent is very telling. 4. Ask the sales staff some professional questions to see the professionalism of their answers. 5. Check whether the deposit and withdrawal are smooth. 6. Whether there are actual employees in the office. 7. Whether the enterprise or representative office is registered in China. 8. The quality and knowledge system of senior managers.