Is there a legal internet forex trading platform in the country?

No, but you can still go to the foreign exchange Tianyan** to check, this** can learn about the information of various foreign exchange trading platforms. You can unify to know and understand.

High-quality answer: There is currently no domestic foreign exchange trading platform that complies with domestic supervision, and all foreign exchange platforms operating in China are subject to foreign supervision.

Many people are concerned about the problem of foreign exchange platform, and they also have concerns about choosing foreign exchange platform, the main problem is to focus on compliance, security, cost, I will talk about my own experience.

First, the issue of platform supervision.

Everyone knows the mainstream supervision, such as Japanese supervision, British supervision, Australian supervision, and American supervision, which are the most mainstream supervision. These regulations all have the same problem, that is, the platforms protected by these regulations only allow customers of their own nationality to open accounts. Among them, although the British regulator can open an account globally, the process of what property proof and proof of transaction experience are required, and the process is very cumbersome.

Therefore, in order to allow Chinese customers to open an account, most of the platforms will be opened under the supervision of some small countries, such as the Virgin Islands, the Cayman Islands, etc., such as Jiasheng, which has been in the industry for a long time, is opened in the Cayman Islands.

So how do we rely on regulation to choose a platform?

In fact, it's quite simple, that is, choose your own big supervision, because many platforms not only have business in China, but also have business overseas, so they must apply for big supervision, and the threshold for big supervision is still relatively high, which is a guarantee of safety.

In order to facilitate the opening of accounts for Chinese customers, they will also engage in small country supervision, and we will check the overall supervision of that platform.

Here I emphasize that you can't just look at the publicity of the platform, you have to check it yourself, and it must be real supervision, not the kind of deck. How to check the specifics, you can search the Internet for yourself.

Second: the issue of trading spreads and commissions.

There are two big misunderstandings here).

1) Excessive pursuit of low spreads.

The platform relies on the spread to eat, just like a person who opens a store, if you blindly pursue low ** and let them make ends meet, then they will definitely give you a hand in the product itself, or find another way to earn the money back. Therefore, when we choose a platform, we should not pursue the absolute low price of scattered judgments, but the pursuit of cost performance.

Let's talk about the main factors I considered when choosing a platform:

A: The spread is reasonable.

Let the platform have food to eat, and have their own transactions to do, which is mutually beneficial, and the probability of something happening is not large.

b: The environment of the transaction.

There are not many cases of chucks, slippage, and drops. Some small platforms and black platforms are dropped on time when they arrive at non-agricultural or larger economic data, and such platforms have obvious problems. Slippage is also very hateful, for example, when the stop loss is set by a few points more than the **, which invisibly increases the cost of the transaction.

c: The speed of deposits and withdrawals.

Now 99% of the platforms are third-party deposits and withdrawals, and it is a platform with better performance to arrive within one day. Some platforms make a deposit for 3-4 days, and the wait is annoying, afraid that there is a problem with the funds, and there is no intention to trade. If you choose to arrive in the account within a day or two, the problem is not very big.

d: The difference in the exchange rate of deposits and withdrawals.

The exchange rate of withdrawal and deposit is different on all platforms, because there is an exchange rate difference between foreign exchange settlement and foreign exchange sales, which is normal.

Above, I hope it can help you!

In addition to banks, China is a stupid foreign exchange platform without formal authorization, so some platforms that claim to be domestic, don't believe what is guaranteed to make a profit or a guaranteed income.

Here are a few things to know before choosing a forex platform:

1. Regulatory conditions - to ensure the formal standards of the platform.

This is the most important and effective way. There is no formal supervision of the foreign exchange trading platform, there is almost no security at all, so to judge whether a platform is safe and credible, it is necessary to look at the supervision, not only to see whether the regulatory authority is authoritative, but also to see whether there is a regulatory number.

2. Separation of funds - the standard to ensure the safety of funds.

The separation of funds means that the user's funds and the operating funds of the foreign exchange platform need to be stored separately, and under the specifications of the regulatory authorities, the formal foreign exchange platform will provide traders with segregated accounts. Kai file Wang.

3. Trading software - the standard to ensure the security of transactions.

At present, there are many kinds of trading software in the foreign exchange market, and only formal and stable trading software can ensure the safety of trading, so be careful of those platforms that are privately built or not formal enough trading software, because this kind of software will occur in various unstable situations in the transaction process, and it is impossible to conduct quality transactions at all.

4. Customer complaints.

A supervised platform is not necessarily 100% safe, pay attention to its customer complaints, too many customer complaints, explain many problems, and it is not recommended to choose.

There are many foreign exchange platforms, and when choosing, you must pay attention to choosing a large platform as much as possible, which is relatively safer. Before investing, it is recommended to check the qualifications and information of the platform on the official website of WikiBit to avoid being deceived.

It is illegal to have no regulations, but Qi Liang has not let go of the foreign exchange margin business in China, only a few banks are doing it, and it is not a foreign exchange margin business in the real sense, compared with the traditional margin business, the business of domestic banks, the spread fee is higher, and the leverage is very low, or even no leverage. The choice of trading platform must be legitimate. Generally speaking, the more common legal practice is to use the online ** platform of the foreign parent bank to conduct transactions.

This kind of trading platform is applicable globally, and generally, some foreign parent banks will apply for an e-banking business license from the CBRC by their domestic branches, and at the same time place servers in China to link to foreign platforms, which can be operated. Foreign exchange trading is a transaction between foreign exchange and foreign exchange, which will not affect the balance of RMB and will not affect the balance of RMB, which is different from the foreign exchange settlement and sale business between foreign exchange and RMB. There are no laws and regulations in China that restrict the trading of foreign exchange and foreign exchange, as long as there is a business scope of "foreign exchange business", banks can do it.