Midac digital currency
Stay away from foreign exchange, stay away from unknown risks, and make money steadfastly
The authenticity of foreign exchange platform can be judged by the following conditions:
(1) first of all, foreign exchange trading is subject to the supervision of the host country, so whether it has obtained the permission of the host country is a very important judgment standard. There is no regulation, or licensing regulation is a false foreign exchange trader
(2) to see whether the trading software used in this platform is genuine, if the use of pirated software, then it is a false platform
(3) some clues can be seen from the website domain names used by the platform. For example, the other party says that he is a big British company, but he finds that the domain name of the other party's website is registered in China, which is a problem
(4) a further step is to do field investigation. According to the reports of netizens, they go to the companies to be reported for on-the-spot investigation: they pretend to be investors and have positive contact with these companies to obtain relevant information. Or go to the places where these companies are registered
extended information:
how to select and use foreign exchange trading platform
(1) first of all, we need to check which regulatory agency the platform belongs to, whether the regulatory number is consistent with the name of the agency, the historical complaint record and reputation of the platform, etc. This information can be checked on the website of the regulatory agency. Regular foreign exchange companies should be subject to regulation. They must not choose unregistered dealers or market makers
Secondly, it is very important to find a transparent platform for transaction costs and rece or eliminate hidden costs. Any investor should know the composition of the fee. Note that spread is not the only cost, investors should pay attention to the hidden cost, because each trader may have different costs. What investors need is dealers with transparent fees