1、foreign exchangegeneration.Is business management legitimate
Many domestic foreign exchange investment companies are agents of foreign platforms.Reason. To determine whether a domestic foreign exchange investment company is legitimate, we first need to look at its representative.Is the platform of Li legitimate. So we can't just look at domestic agents.理商的情况,更要详细考察交易平台商!
2Check if the platform is a black platform
Black platform, in jargon it's called rightduPan refers to traders and customersdu. Black platforms will directly digest customer transaction orders within the company, and do not submit customer instructions to the market for trading. Customers are equivalent to conducting simulated trading. This type of platform often has a very low spread or does not accept spreads. It peeks at the customer's principal, so be careful of such black platforms
3Is the trading platform regulated
If a trader is in the United States, they must be subject toNFASupervision. On the one hand, traders areNFAA member of the Commodity Futures Trading Commission in the United StatesNFAHaving a registration number, on the other hand, throughNFAOn the official website of the dealer, we can check its detailed information, whether there have been any past violations, and how its credit is by entering its registration number. Similarly, traders in the UK, Australia, and other countries are also subject to strict supervision by relevant institutions in that country.