Is it okay to speculate on foreign exchange in China? Can China speculate on foreign exchange?

Recently, many recent college graduates are very interested in copying foreign exchange, so how to copy foreign exchange in order to make money?

It is possible to trade foreign exchange in China. Although China has clear laws and regulations prohibiting the establishment of companies to organize citizens to speculate in foreign exchange, our domestic investors can open accounts abroad through domestic foreign exchange account opening companies. At present, the foreign exchange companies in China are all foreign companies and are legal.

Let's explain it this way, for example, if you travel abroad and go to a foreign exchange company to trade foreign exchange margin, this is naturally legal. At present, the role of domestic foreign exchange companies is to save you the step of going abroad. But if your funds are not remitted abroad or to Hong Kong, Macao and Taiwan, it is certainly not a legitimate company.

So all forex speculators should pay attention. That is to say, it is legal, but these companies must be subject to strict supervision, such as the British FSA (British Financial Authority), the American NFA (National Association of the United States), and the British FCA supervision, which are all relatively formal, and other regulatory agencies, I suggest that you don't need to look at it more. Like FCA supervision, I recommend the British APJFX platform, which is strong and strictly regulated!

It can be speculated, but it is not protected by law, and losses can be recovered by rights protection. The nest can be contacted.

The People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Regulatory Commission, the State Administration of Foreign Exchange and their branches have not approved any institution to carry out or carry out foreign exchange margin business in China. Any unauthorized institution carrying out foreign exchange margin trading is an illegal act; It is also illegal for customers (units and individuals) to entrust unapproved institutions to conduct foreign exchange margin transactions.

Friends who have lost money, if you have complete chat records and are induced to invest, then you can legally defend your rights and recover your losses.

OK.

According to Article 16 of the Regulations of the People's Republic of China on Foreign Exchange Administration, foreign institutions and individuals shall register with the foreign exchange administration authorities for direct investment in China after approval by the relevant competent authorities. Overseas institutions and overseas individuals engaged in the issuance and trading of valuable or derivative products in China shall comply with the provisions of the state on market access and register in accordance with the provisions of the foreign exchange administration.

Domestic institutions and domestic individuals shall register in accordance with the provisions of the foreign exchange administration department when they make direct investment abroad or engage in the issuance and trading of overseas valuable and derivative products. Where the state stipulates that prior approval or filing is required by the relevant competent authorities, the approval or filing formalities shall be completed before the foreign exchange registration.

China has not yet explicitly stipulated the opening of the foreign exchange market, but there are currently two ways to participate in foreign exchange speculation in China:

1. Foreign exchange margin speculation, choose a foreign exchange margin company, invest a small part of the funds, control large amounts of funds according to the principle of leverage, and speculate on foreign exchange, so that customers have the opportunity to win big profits with small funds. It is conceivable that the profits and risks are very large, and the margin is characterized by speculation in both directions, that is, you can buy up or down.

Second, the real (shi pan) speculation of foreign exchange, at present, many domestic ** banks have launched foreign exchange intermediary business. The client opens a foreign exchange investment account with a commercial bank. Domestic foreign exchange speculation is connected to foreign exchange brokerage trading platforms through commercial banks.

Participating in the international foreign exchange market refers to how many dollars you have in hand, and you can convert the exchange rate into non-US dollars to earn the exchange difference.

If the investor chooses to trade in foreign exchange, this investment method generally comes from the bank, only double the leverage, and earns the cost of the spread, about 20-30 points, there is not much investment risk, and there is no need to worry about losses in terms of funds, which is the same as depositing money in the bank.

Although there are no forex trading platforms in the mainland, as a world financial center, Hong Kong, China has many forex trading platforms. Most forex investors will choose the Hong Kong forex trading platform for forex trading.

Open the market, grasp the trend, and open a position. Before the formal trading of foreign exchange speculation, the most important thing is to consider the market trend and analyze the current pattern of the foreign exchange market, whether it is long, short, or **. As long as you choose the right up and down direction and then open a trading position, most orders will generally be profitable.

First of all, we should pay attention to supervision, strong supervision can ensure the safety of funds and the trend of the regular. Poor supervision, not to mention the safety of funds, is prone to fake**! The better regulations in the market include FCA regulation in the United Kingdom, NFA regulation in the United States, FIMA regulation in Switzerland, and ASIC regulation in Australia.

After all, it is a real investment of real money, and the money is sent abroad, and good supervision can ensure the safety of funds. It's like flying a kite, if the string doesn't work, the kite may not come back at any time.

There is also be a must pay attention to the trading spread, many beginners often do not pay attention to the cost of foreign exchange trading spreads, feel that as long as they can make money, in fact, the impact of spreads on trading is often beyond your imagination. As I said before, a difference of one point in the spread is a 10% difference in profit in a year, and a difference of 2 points can be a 20% difference in income in a year, and the vast majority of traders whose annual income can reach 30% are absolutely in line with the law of 28. This is one of the reasons why 80% of people lose money steadily.

For example, the exchange ratio between the dollar and the yen is 1:100, then I can exchange 100 yen in my hand for 1 dollar to save, after a period of time the yen depreciates, 200 yen can be exchanged for 1 dollar, then I use the 1 dollar in my hand to exchange for 200 yen, back and forth, I earn 100 yen, this is foreign exchange speculation.

Absolutely. However, most of the platforms that can do foreign exchange transactions in China are banks, which have no leverage and high cost spreads. If you are interested in foreign exchange trading, you can choose a foreign platform to trade 24 hours a day.

I would like to recommend you a platform that I use now. Called CCcapital, they have the British FCA regulation, and the qualifications are relatively complete in all aspects.

It is illegal for foreign platforms to carry out foreign exchange margin business without the approval of China.

Domestic banks also do foreign exchange, but do the real market, for leveraged margin trading, there are no domestic policies and regulations to supervise, so domestic companies can not develop their own trading system to do traders, but domestic investors can invest in the foreign disk, this belongs to the policy gap.

Let me talk about this, WikiFX is great.

The answer is yes, because the state does not explicitly prohibit foreign exchange speculation, and now the domestic development is very fast, and the development of foreign exchange is also very rapid, intergroup

<> foreign exchange speculation, also known as foreign exchange trading, refers to the activity of exchanging one foreign currency for another foreign currency in order to obtain the difference in exchange rate changes. It is a financial derivative that helps investors make profits from the global currency market.

Second, the operation method of foreign exchange speculation.

1. Choose a trading platform: First of all, investors need to choose a reliable trading platform, so as to ensure the safety of funds.

2. Analyze the market: Forex traders need to study the market in order to better understand the market and make the right trading decisions.

3. Open an account: Investors need to open an account on the trading platform in order to speculate on foreign exchange.

4. Set the stop loss of the nuclear bucket: The stop loss means that when the investor's transaction reaches the set level, the transaction will be automatically closed to prevent the loss of the investor.

5. Trading operations: When investors are ready to trade, they can realize foreign exchange transactions by buying and selling operations on the trading platform.

6. Withdraw profits: Investors can withdraw corresponding profits through the trading platform according to their trading results.

Speculating on foreign exchange is a popular way to invest, but investors must understand how it works in order to operate the foreign exchange market correctly and obtain good returns. The operation methods of foreign exchange speculation mainly include choosing a trading platform, analyzing the market, opening an account, setting a stop loss, trading operations and withdrawing profits. First of all, investors need to choose a reliable trading platform, then conduct market analysis in order to understand the market**, then open an account, set a stop loss, conduct trading operations, and withdraw profits.

Only when investors master the correct operation methods can they get good returns.

All in all, forex speculation is an investment method that can make profits, but investors need to master the correct operation methods in order to obtain good returns. The operation methods of foreign exchange speculation mainly include selecting the trading flat key, analyzing the market, opening an account, setting a stop loss, trading operations and withdrawing profits. These steps are very important for investors, so investors should carefully read the relevant information and understand the operation methods of foreign exchange speculation in order to succeed in the foreign exchange market.

ICBC's personal account foreign exchange trading business can be participated in through ICBC's e-banking (online banking, mobile banking, ** banking) channels, only the amount is counted, and the actual foreign exchange is not withdrawn, and the foreign exchange of the account is bought and sold in RMB.

The main currencies traded are five commonly used foreign currencies, including British pounds, Swiss francs, Canadian dollars, Australian dollars, and euros. The starting point of the trading of all foreign exchange varieties in the account is a minimum of 10 foreign currencies, and the minimum increment unit is 1 foreign currency. The trading method is to sell first, that is, the customer first has ** account foreign exchange, and then sells ** account foreign exchange.

Investors are reminded that the foreign exchange trading business of the bank's personal account implements T+0 trading, with no limit on the number of transactions per day, and no handling fee is charged, and the income is tax-free. Trading hours are from 7:00 a.m. on Monday to 4:00 a.m. on Saturday.