According to the guidelines of Hong Kong regulators, investment advisers have no right to trade for clients, and all transactions must be recorded through the central telephone system to ensure that clients know and agree to trading instructions. Customers can also trade through online trading. Only the customer knows the password, and the customer must keep the password confidential to protect his personal interests, otherwise he will bear the consequences. The company that provides transactions for customers is likely to be a problem company.
All foreign exchange dealers in Hong Kong must handle corporate accounts and investor accounts separately, and submit relevant account records to the regulatory authorities on a regular basis. Therefore, if the funds are deposited in private accounts, the chances of investors being cheated are greatly increased.
4. Pay attention to whether the gold and foreign exchange quotations provided by the company are the same as those in the international market (to avoid falling into a whole set of false information).
Some illegal or fraudulent companies will falsify trading records to deceive investors who are not familiar with market operations, so it is best to understand trading operations and quotation methods before investing to reduce the chance of being cheated.
Usually, regular companies will be strict in examining customers, so they will never open an account for customers before their information is complete.
For example, in Hong Kong, there will be a guideline to prevent money laundering, requiring large investors to provide proof of income or assets to ensure that funds are obtained through normal channels.
6. Pay attention to whether the company charges are lower than the industry charges.
Take Hong Kong as an example. Every regulated foreign exchange dealer must strictly abide by the level of deposit with the CSRC, otherwise it may be delisted, with a design amount of10 million Hong Kong dollars. Therefore, the low cost is simply not enough to cover the operating costs, which indicates that the company may be a problem company.
7. Don't believe in the so-called guaranteed income.
I have seen a website that claims to guarantee a monthly income of 3000-6000 points. For example, as long as they have 200 thousand funds, they can earn at least 50 million to 654.38+billion profits a year. If they have such profitability, they don't need to provide trading services for you at all. Therefore, most of these companies that exaggerate profitability are informal and unprotected.
8. A regular investment consultant must be qualified. They must pass the examination and relevant industry qualification assessment, obtain the license issued by the CSRC, and then provide consulting and trading services to customers in accordance with the guidelines.
9. Before participating in the investment transaction, the investment consultant must explain the risks of the transaction design to the customer in detail.
10. We suggest that customers inquire about the information of regulatory agencies and investment institutions before making relevant investment activities to protect their own interests.
1 1. Investors should pay more attention to the reputation of investment institutions and whether there are any negative news that harms the interests of investors.
12. In the trading operation, the investment consultant can't advise the customer to lock the position unless required by the customer, because this action only makes another position in the opposite direction to the existing position of the account, which can't bring extra profits to the customer and can't help the customer reduce losses.
Finally, when there is a transaction investment dispute, most foreign exchange investors in China don't know how to communicate and negotiate with traders, how to find a suitable regulatory agency and how to write a complaint letter in English. Since September this year, the foreign exchange complaint rights protection center, which was spontaneously organized by the domestic financial media, has officially provided services. It is a non-profit organization, and its services are free. In case of disputes, investors are advised to report to the Foreign Exchange Complaint Rights Protection Center to get rights protection suggestions, and if necessary, write a complaint letter in English to complain to the regulatory authorities. Try to protect your rights and interests through formal channels, and also contribute to standardizing this market. Related reading: effectively identify foreign exchange risks