How to determine the legitimacy and security of a foreign forex platform.

1.First of all, there must be formal supervision, such as ASIC, FCA, etc., at present, FCA can only do less than 30 times the leverage, the fluctuation is too small, you can refer to the ASIC regulatory platform.

2.At present, this market and platform are relatively chaotic, in the past, they were all gambling mechanisms or AB models, but there are many customer complaints, many problems, and not transparent enough, you can seek whether there is a pure STP model platform for full selling, which is more secure for funds and trading environment.

3.The trading environment, whether there are often chucks and vicious slippage, whether there are many restrictions, etc. 4The service of the platform, whether there is a permanent contact person, can solve the problem in a timely manner5Whether the deposit and withdrawal are punctual, convenient and fast.

There are regular and unofficial. The safest should be through banking channels, but the fees are also high. If you don't want to go through the bank, you have to find it yourself, the cost is less, but the relative risk is larger, of course, the market also has a special qualification review, such as the foreign exchange WikiBit is such a platform.

The main thing is to look at the regulatory license, and at the same time pay attention to the screening of some black deck platforms. Generally speaking, platforms with the world's three major regulatory licenses (FCA IN THE UK, NFA in the United States, and ASIC in Australia) are more trustworthy. For example, CCcapital, which is more popular now, has a full license (MM) from the British FCA, which is a certification with high gold content in the industry.

The verification method is relatively simple, traders go to the regulatory authority** to check the company's regulatory number to see if it matches the nature of the company's name.

You can go to the relevant platform for inquiry, such as FX110, as well as remittance and other inquiries. If the company's rating is low and the deck is played, it's a black platform, so stay away.

In terms of foreign exchange platforms, I think there are still some things to be examined in terms of security, because there are more foreign exchange platforms in the market now, and everyone may be a little dazzled when choosing.

I still have to go to the English official of the supervision ** to check whether the platform is regulated, or to see how the friends around me are doing, whether there is a withdrawal problem or something, I have been doing it in Chaohui International, or I have been doing it for a long time.

You can check on Swan Finance, most of the foreign exchange platforms can be checked, the information is relatively complete, and it is also very fair.

The security of the forex trading platform mainly depends on these points:

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 of knowledge to ensure the safety of funds.

The separation of funds is 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 regular foreign exchange platform will provide traders with isolated accounts.

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 we should 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 trading process, and it is impossible to carry out 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.

There is only one criterion for judging the security of the platform, and the regulatory license is authoritative. You must know that there are only a few formal foreign exchange trading platforms, and pay attention to see if it is regulated when choosing. Lazhen must choose a platform with strict supervision.

The British FCA, the American NFA, and the ASIC Australian Securities Regulatory Commission are all OK. It is necessary to see whether the regulatory license held by the platform is consistent with its business and scope, so as to avoid the situation of selling dog meat on the head of a sheep, so as not to be deceived.

If you are a novice, you can use ATFX, the spread is low, the deposit and withdrawal are also fast, and the account can be received in 1-2 working days, this kind of platform is relatively safe. When a novice is just starting out, be sure to do what you can, don't be greedy, and don't expect too much. Investing is inherently risky.

The state supervises, so it is generally necessary to look at the supervision of the license Pi Nai guess, but China's laws do not recognize these at present, so the old platform that has been tested by the market is more reliable.

The security of the foreign exchange trading platform mainly depends on the supervision and judgment of the Xun Travel Management, strong supervision can ensure the safety of funds, EBC, Jiasheng are regulated by the FCA platform, a stool must choose the FCA regulated platform! Be sure to choose an FCA regulated platform! Be sure to choose an FCA regulated platform!