The money markets are volatile and there are more traders. After all, the choice increases, there are more traps, and the requirements for investors to identify the formality of the platform are also higher. Before gold trading, choose a reliable dealer is the top priority, combined with the previous exposure, Xiaobian summed up the following points for everyone, in order to fund safety, we determine before gold trading, it is best to avoid one of the following characteristics of the platform.
1. Regulatory information is unclear
When choosing a trading platform, security is the first factor. After all, putting your money with a fake broker is bound to lose money. Many countries around the world have regulatory bodies that oversee the legitimate operation of dealer platforms and protect investors' rights. The FX110 Regulatory Ratings column provides a comprehensive score for 43 international regulatory agencies in six aspects, including the UK FCA, Switzerland FINMA, the US NFA and the Japanese FSA. Investors can first select a regulator with a higher score in this column, and choose to enter the gold platform among the traders regulated by it, which is relatively reliable!
Most black platforms will set a brand, fake, false promotion of a supervision, frequent change of website name, investment projects, and are no record, no business registration, no real contact address of the three no website! At this time, Huiyou must personally verify on the official website of the regulator to distinguish the authenticity, and the regulatory inquiry column of FX110 network can provide free inquiries.
2. Using pirated trading software
The platform trading software is a portal market for investors, and investors must ensure that the MT4 or MT5 software used by the platform is genuine before making a deposit. Pirated MT4 is cheap, and platforms using pirated MT4 or MT5 can freely change data such as the K-graph and user's account amount in the background. What is certain is that the use of pirated trading software must be a black platform! If you want to check whether the trading software used by the platform is genuine, you can submit a consultation at the center of My rights protection, and your own specialists will conduct real and effective free inquiries for you.
3. There is a huge slip point when there is no big market
Under normal market conditions (no major market), any platform may appear a small slippage at any time, but the emergence of huge slippage is often related to the huge market, if the gold platform appears a huge slippage when there is no market, and even more accompanied by unable to place orders, forced liquidation or website failure, it must be caused by malicious operations in the background of the platform.
4. No maximum bonus, 100% profit
Many black platforms like to take advantage of human weaknesses and design some common "pies". With "no ceiling bonus", "100% profit", "no loss" and other verbal promises as bait, tempting traders to open an account to deposit gold, in the currency market they describe, overnight wealth is not a dream! As we all know, currency trading is risky and there is no such thing as 100% profit; The truth of "wool comes out of the sheep" is understood by everyone, and there is no truth that "rebate" far exceeds the "principal", and the funds charged to the account are just figures! No pie will fall from the sky, please stay away from this platform!
5. There are huge fees to be paid before withdrawing funds
In essence, the black platform uses a variety of means to defraud traders of their funds in the end. Many black platforms always refuse to withdraw money for various reasons when customers apply for large withdrawals, and even on the grounds of huge costs, trying to let investors re-enter gold in order to withdraw gold, I exposed such black platforms are not a few, such as the previously exposed Ausforex, there are Huiyou in the platform to deposit gold, When the account profit reached 170,000, it was required to repeatedly pay high fees of 60,000, and the black platform was so ugly that it even made more than one Huiyou cheated. (Click /special/1576 for details) In this case, investors can choose to directly go to the local economic investigation brigade to report the case, and at the same time submit exposure in the rights protection Center to expose the shameful behavior of the black platform, so as to prevent people from being cheated again.
In general, before choosing a trading platform to open an account, users must verify various considerations and choose the most suitable one for themselves.