How to choose a forex platform? How to distinguish the authenticity of the platform?

Updated on Financial 2024-03-17
3 answers
  1. Anonymous users2024-02-06

    If you want to judge whether the forex platform is informal or not, it is actually very simple, mainly look at the following 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 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.

    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.

    At present, the five most stringent regulatory agencies recognized internationally as the five powerful countries are as follows:

    National Association (NFA), Financial Conduct Authority (FCA), Australian Investment Commission (ASIC), Swiss Financial Market Supervisory Authority (FNMA), Financial Services Agency (JFSA).

  2. Anonymous users2024-02-05

    Personally, I think that the choice of foreign exchange platform should first look at whether it is regular, then look at the rating of its regulator, and finally look at its reputation.

    Then to see the authenticity of the platform, in general, it is also to the regulatory agency to check, but the process will be very troublesome, so it is more recommended to use the Huichacha app to check, which is very convenient and at least do not have to worry about encountering a fake platform.

  3. Anonymous users2024-02-04

    The authenticity of the forex platform can be judged by the following conditions:

    1) First of all, if you engage in foreign exchange trading, you must be regulated by the country where you are located, so whether you have obtained the permission of the country where you are located is a very important criterion. There is no regulation, or it is a fake forex broker.

    2) See if the trading software used by this platform is genuine, if pirated software is used, then it is a fake platform.

    3) Some clues can also be seen from the ** domain name used by the platform. For example, if the other party says that it is a large British company, but finds that the domain name of the other party's ** is registered in China, this is a problem.

    4) The next step is to do field research. According to the reports of netizens, then go to the reported companies to conduct on-the-spot investigations: pretend to be investors, have positive contact with these companies, and obtain relevant information. Or go to the place where these companies are registered.

Related questions
3 answers2024-03-17

The easy way to do this is:

One is to look at the color. Color is the most important factor in evaluating the quality of jade. The jade with a uniform, yang, dense and positive color is the top grade. >>>More

8 answers2024-03-17

Emphasizing, there is no legal formal foreign exchange platform in China, this area is not open, in China to do margin foreign exchange trading itself is illegal, don't be fooled, the so-called supervision of foreign countries is useless, don't believe it. Even state-owned banks can't do margin form, they do it in full; Financial security has now been raised to an unprecedented height, the country began to increase the intensity of the crackdown last year, no longer as in the past to turn a blind eye, the security of funds on the platform is more and more unguaranteed, now many platforms are not smooth in deposits, are engaged in deposit discounts, may be in preparation for the future to run away with money; The Supreme People's Court also issued a legal interpretation in February this year, trading more than 50,000 is a felony, and foreign exchange trading leverage is high, in fact, it is also the most difficult to do and make money, non-professionals better not to participate, do not take their own hard-earned money to try, not so easy to make money, do not listen to other people's fools; In any industry, the more you know, the more professional you are, the more likely it is to earn, and it is only possible to say that it is possible. Doing foreign exchange gambling is mentally stressful, and the body is also prone to various problems.

8 answers2024-03-17

Foreign Exchange 110 and Tianyancha are both private for-profit companies, with no legal supervision effect and no authoritative effect! It is also to earn money from peer platforms, and if you don't give money, you will be hacked by the platform.

11 answers2024-03-17

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. >>>More

5 answers2024-03-17

As far as I know, they can not only be published in Sina, NetEase, Xinhua, Phoenix, Tencent, CCTV and other tens of thousands of portals and places**, but also can be released after direct payment, and ** is made public on the official website. I summarized back a couple of advantages: >>>More