Some "foreign" foreign exchange companies actually have domestic bosses, such as nordfx. It is said that the boss is from Dalian (but then again, this company is not bad). That IKON Ai Kang should also be a fake foreign company, and there is a hotfx, which is definitely a fake foreign company.

Most of the domestic propaganda is fake foreign companies. I have to do it abroad because the current domestic laws don't allow it.

Also, in Russia, the word of mouth is relatively poor, and masterforex's banknotes have gone and never come back.

In the United States, regulation is stricter and leverage is lower. In the United States, it is generally more dutiful, but this is China.

In Britain, it seems that the supervision is lax (the leverage ratio is low), but the actual capital requirements for the company are higher.

Switzerland has the strictest requirements, so that only three of the dozens of foreign exchange brokers (Dukascopy \ MIG Bank \ Swiss Quote Bank) are left, all of which are very strong and have a high threshold (by the way, the bosses of these three are actually Russian, but they are completely different from those in Russia).

Small countries such as Mauritius, forget it, are just some guys who evade supervision. (There is a well-known "black shop" Marketiva, registered in Montenegro, but it has never been hacked. )

In addition, New Zealand, a small country, said that the behind-the-scenes bosses of many good companies are actually from China (Russian foreign exchange elites have all gone to Switzerland, and China's foreign exchange and futures elites have gathered in New Zealand).

Finally, it must be petty cash and novices who ask such questions. Don't be afraid, find a bigger one with a not too bad reputation, such as Fuhui (I'm not advertising, I'm not using Fuhui), which has billions, so you don't have to hack your few hundred dollars.

That's it. I hope I can help you.