There are still many reliable precious metal trading platforms, and of course there are also many black platforms. Many investors are at a loss when choosing and don't know how to choose a formal platform. In fact, it is easy to judge whether the platform is a black platform as long as you observe it carefully!

Account opening currency

Since it is an overseas investment, it is certain that no matter what the excuse is, it is impossible to open an account in RMB. Because the international market does not recognize RMB, it is not a freely convertible currency. Commonly used currencies are: USD, EUR, GBP, JPY, etc. Therefore, if a company's transactions are quoted in US dollars and accounts are opened in RMB, there is definitely a problem. It is probably a gambling transaction, and the investor's order is not to enter the international market at all.

administration of funds

Generally speaking, storage funds are managed by a third party.

Trading software

Formal trading software should include quotation, trading, information and so on. And the data is a real market transaction.

Open an account and save money

It should be noted that when you open an account, you sign a contract with the platform company, not with the company that represents the platform. The same is true of the deposit, which is entered into the legal person account of the platform company, not the account of the agency company, and cannot be a private account.

Supervision unit

The domestic financial industry lacks effective supervision means, and black platforms are often not supervised by authoritative institutions.