How to avoid encountering black platforms for stock allocation, summarized as follows:
1Don't believe in low interest rates: Every stock allocation company has a cost for the funds they give you, and most of the money is not their own, but also from other sources of financing. There are also company management expenses in between, so it's impossible to give you very low interest rates, otherwise they won't make money. So the platform that cooperates with you at low interest rates needs to be extra careful, as it is very likely that scammers are deceiving you of your funds.
2Don't believe in interest free capital allocation: Most of the people in the market who do interest free capital allocation need to negotiate profit commissions with you, otherwise how can they make money by borrowing money. This cooperation model may not be reliable. If you are constantly in a loss making state, their money will be borrowed in vain and they will also bear the risk of liquidation. So in interest free funding platforms, there are also many fraudulent companies, and we should be extra careful when encountering them. There are also some platforms in the market that temporarily offer interest free allocation. First, interest free allocation allows you to experience what it is, and then interest will still be charged later.
3The method to distinguish whether a trading account is a real trading account or a virtual trading account is very simple. The orders placed on the real trading account can be seen on the trading platform of the securities company's software. If they cannot be seen, they are definitely virtual trading accounts. Therefore, the capital allocation company you are in contact with is a scammer company. When cooperating with a capital allocation company, we can first invest a small amount of funds and look at a list of low-priced stocks to verify that it is a real offer before considering real stock capital allocation cooperation. This approach is the most secure.
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