How do beginners choose formal foreign exchange platforms, regulatory funds, and spreads, none of which...

When many foreign exchange investors first enter this industry, due to the limited number of platforms they have previously encountered and their limited understanding of which platforms are relatively reliable and safe, they will seek advice from various platform salespeople regarding platform related issues. For the sake of interests, salespeople will only showcase the advantages of the platform, and naturally will not tell you about the problems that exist on the platform. So, novices are choosingforeign exchangeWhen it comes to the platform, it will fall into a dilemma. So, for beginners, how should they choose foreign exchange platforms?

come fromATFXThe expert's answer is that although it may be difficult for beginners to choose a good foreign exchange platform, in the era of the internet, based on the experience summarized by predecessors and self comparison of information, it is still possible to distinguish between good and bad platforms. Taking the following criteria for judging the quality of a platform, whether new or experienced, one can judge the authenticity of the platform based on the following criteria:

1Is there any supervision on the platform. We have emphasized regulation countless times, and the regulation of the foreign exchange market is generally valued by professionals in the UKFCA, USANFAAfter all, these three regulatory agencies are recognized as the strictest in the industry. Due to the strict regulatory conditions of these three parties, investors can check their registration and license status with their regulatory agencies. If there is no formal regulation, do not blindly choose.


2Fund custody bank. The foreign exchange fund custodian bank is actually the custodian bank of customer funds. Regular foreign exchange platforms have fund supervision and isolation measures according to regulatory requirements, which can ensure that customer funds are not misappropriated and ensure fund security. Therefore, when choosing a platform, novices should choose a foreign exchange broker that can provide a custody account to ensure that user funds are separated from platform funds in different bank accounts and ensure the security of trading funds.

3Cash out&Point difference and handling fee. I believe all foreign exchange investors hope to quickly and smoothly withdraw their funds after making money, rather than being detained on the platform and unable to withdraw funds. Regular foreign exchange platforms are relatively quick to withdraw funds,3-5Gold can be produced in just a few days; But if you don't make a profit for ten and a half days, then be careful. In addition, spreads and handling fees are also a major focus when choosing platforms. As the platform drives consumption through spreads, low or high spreads are abnormal. Investors should be cautious when choosing.

As a rising star in the foreign exchange industry,ATFXForeign exchange platform in the UKFCAAuthoritative regulation, encrypted fund custody, and as low as1.8Highly competitive spread, as well as high-quality product experience and good service system, and other platform advantages, it is deeply loved by users. In the more than two years since its establishment, it has been awarded the title of Foreign Exchange Industry25Honorary awards. This series of exciting performances not onlyATFXThe demonstration of the brand strength of foreign exchange platforms is even more significantATFXThe platform is committed to educating investors in the market, and the rich market returns brought by the business philosophy of growing together with investors.

The above is an introduction to the key points of how beginners choose foreign exchange platforms. ATFXSuggest investors to make rational and cautious choicesForeign exchange transactionsPlatform to ensure safe, effective, and reliable operation of investment funds,ATFXProvided by foreign exchange platforms24Hourly service enables investors to solve any problems they encounter at any time.