So it can only be relatively reliable.
Generally, friends who have just entered the business can judge whether a platform is relatively reliable from the following aspects.
1, check and manage qualifications
At present, the regulatory agencies recognized by the foreign exchange market are: British FCA, American NFA, Australian ASIC, etc. Their part-time management is strict, which can effectively supervise the daily operation of the platform and ensure the safety of users' funds. The platform vendors under these regulatory agencies are more formal. Generally speaking, the phenomenon of running away is rare, because there is a strong capital background, and other unknown supervision should pay more attention.
2. Check the year of establishment and word-of-mouth evaluation.
Generally speaking, the older the platform, the safer it is. After all, it has been tested by the market. Black platforms are pits and generally don't last long. It can't be said that it will last for a long time, but the new platform that has just been established for 1-3 years is more prone to problems. Then look at the network evaluation of the platform. It is natural that some customers complain about a platform. Be careful if there are a lot of customer complaints. If you look at the evaluation, you can look at it from the industry media or directly ferry it.
Step 3 check the company background
Checking the company background, including the background of shareholders, is to ensure that the platform has sufficient funds and the ability to resist gambling risks. Many companies have the background of listed companies or banks. I suggest you find such platforms. Pay attention to the authenticity of the background here. For example, in order to show their strength, some capital sectors are forced to get involved with big platforms or listed companies, which is shameless. It can be verified through official customer service channels. If you cheat, don't do it.
4. Operation strategy
Black platforms usually promise you a high return on investment and so on. 99.9% of the promised stable income are black platforms, such as some managed financial platforms, such as Haihui and TR foreign exchange, which usually attract users with a monthly income of more than 4%. As investors, we must understand a truth. No one in the foreign exchange investment market can guarantee stable income, and there will be no pie in the sky! If you can make an investment, why should others pull you in?
5. Look at the platform trading experience.
So how to judge whether the platform trading experience is good or not? Well, it has to be divided into several points:
Is it normal to slide?
Generally, small platforms will have sliding points, of course, it is normal to have sliding points occasionally. However, if there are frequent sliding points or always sliding points that are unfavorable to traders, then such a platform should also be careful.
Is the software used smoothly?
Orders, stop loss and other systems operate smoothly, because there is gambling between the black platform and customers, so it will tamper with the system to reduce the probability of users making money, such as not letting you close your position when you are profitable, and not letting you place an order when the market opportunity is good. If the software is often not smooth, this platform should also be careful.
Is it fast to deposit and withdraw money?
The purpose of the black platform is to extract your principal, so it usually uses various methods to stop you from giving money or not giving you money at all. For example, the platform will say that it is applying for gold and the submarine cable is broken. Under normal circumstances, a reliable platform is relatively smooth.
Generally speaking, these factors can judge whether a platform is reliable.