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Foreign exchange market -Forex Trading - Most Popular Trading Platform

Foreign exchange market -Forex Trading - Most Popular Trading Platform
What does illegal trading in foreign exchange market mean? How to sentence illegal trading in foreign exchange?
At present, the state does not encourage people to speculate in foreign exchange on foreign exchange platforms, and there is no law to say which company is a legal foreign exchange company, so domestic investors can only invest in foreign foreign exchange companies. In addition, there is also illegal trading of foreign exchange in China. Many people may not understand the illegal trading of foreign exchange. This paper introduces what illegal trading in the foreign exchange market refers to and how to sentence the illegal trading of foreign exchange.
What does illegal trading in the foreign exchange market mean
Foreign exchange market refers to a trading place that engages in foreign exchange trading and adjusts foreign exchange supply and demand internationally. Its function is to manage currency commodities, that is, the currencies of different countries. In the world, due to trade, investment, tourism and other economic exchanges, there is always a monetary balance of payments relationship. However Foreign exchange market, the monetary systems of various countries are different. If you want to pay abroad, you must first buy foreign currencies in your own currency; On the other hand, foreign currency payment vouchers received from abroad must also be converted into local currency before they can circulate in China. In this way, the problem of exchange between domestic currency and foreign currency occurs.
At present, there is no open foreign exchange investment in China, so there is no legal foreign exchange investment institution in China, so friends who want to invest in foreign exchange need to choose foreign formal foreign exchange companies. As for the illegal trading of foreign exchange, there are mainly the following situations:
1. Illegally buying and selling foreign exchange without authorization according to the specific foreign exchange financial institutions and the foreign exchange economic transfer management center.
2. Illegally buying and selling foreign exchange credit lines without authorization. Administrative organs, teams, organs and institutions in China have certain foreign exchange application credit lines according to national requirements, but they must be applied within the scope of relevant requirements. However, some enterprises ignore the relevant laws and regulations of the state and arbitrarily apply the credit line of foreign exchange in illegal exchanges to seek illegal profits. Such personal acts are also classified as personal acts of illegal trading of foreign exchange.
3. Other individuals who use reasonable and legal means as a shelter and essentially want to illegally exchange foreign exchange with RMB or commodities have changed to buying and selling foreign exchange.
In addition, the actual operation of foreign exchange trading by the service platform is only based on some other service platforms such as private interest organizations or individuals, or the personal behavior of privately carrying out foreign exchange trading and obtaining huge profits, which are all classified as the behavior of illegal foreign exchange trading.
How to sentence illegal trading of foreign exchange
In our country's law, the illegal act of illegal trading of foreign exchange is punished according to the crime of illegal business operation. The maximum term of imprisonment for illegal trading of foreign exchange can reach 15 years.
The following is the sentencing of the crime of illegal business operation in Article 225 of the criminal law: Whoever, in violation of state regulations, commits one of the following acts of illegal business operation and disrupts market order, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years and shall also be fined not less than one time but not more than five times his illegal gains or be sentenced to confiscation of property.
On the issue of illegal trading in the foreign exchange market, this paper focuses on what illegal trading in the foreign exchange market refers to and how to sentence the illegal trading of foreign exchange. It can be seen that the domestic sentencing for illegal trading of foreign exchange is still relatively heavy, so we should be careful when dealing with foreign exchange and never step on minefields. If you want to invest in foreign exchange, you can choose international foreign exchange companies. Because the transaction takes place abroad, there is no problem of breaking the law.
There are many investors investing in foreign exchange all over the world. Of course, there are a large number of foreign exchange investors in China. This is mainly because foreign exchange investment can bring considerable benefits. Of course, the premise is that investors have a certain level of foreign exchange trading investment. Specifically, what should individual investors do in foreign exchange trading and what problems should individual foreign exchange trading pay attention to? This article will talk about the problem of personal speculation in foreign exchange.
What should individual investors do in foreign exchange trading
Personal foreign exchange trading bank is the most important and safest channel. All major banks have foreign exchange trading business. Major banks have different requirements for opening accounts for foreign exchange transactions. Some banks need to open separate foreign exchange accounts Forex Trading, while others only need a debit account. After opening an account successfully, you can start foreign exchange trading by designating the fund account.
Banks have a minimum amount limit for transactions, but do not limit the maximum amount. The minimum limit of each bank is different. In the choice of tools, investors can choose mobile phones or computers for foreign exchange trading. At present, the varieties of foreign exchange transactions mainly include US dollar, euro, British pound and Australian dollar.
It should be noted that when using RMB to purchase foreign exchange through bank channels, it is not allowed to falsely declare personal foreign exchange purchase information and provide false supporting materials. At the same time, it is not allowed to lend its own facilitation quota to assist others in purchasing foreign exchange, and it is not allowed to lend its own facilitation quota to carry out split purchase of foreign exchange. In addition, it will be subject to the inspection of foreign exchange management authorities when purchasing foreign exchange.
Precautions for personal investment in foreign exchange
Personal investment in foreign exchange should control risks. Although the risk of foreign exchange investment is relatively small Forex Trading, there are still certain risks. If investors do not control the investment risk well, they may lose miserably. The way to control the investment risk is to learn to stop loss. Stop loss is to set a tolerable loss point after each position establishment, so that when there are fluctuations other than their own judgment in the foreign exchange market, they will automatically close the position and reduce the capital loss of investors.
Individuals investing in foreign exchange should pay attention to short-term transactions. The advantage of short-term trading is that you can see the investment results very quickly. If the investment is successful, you can get the investment income quickly. If you have something to do temporarily, you can take out the funds immediately.
Individual investment in foreign exchange should pay attention to making small orders. It is the best policy for investors to invest in foreign exchange transactions and make small orders, because the risk of making small orders is small. Although the investment income is limited, it can ensure that the income is relatively stable. In this way, the psychology of investors will be more comfortable. At the same time, making more or less can bring benign investment.
Beginners should learn patiently and step by step. Don't rush to open a real trading account. Remember not to compare with other investors, because each investor needs different learning time and obtains different experience. In the learning process of simulated trading, the main goal of investors is to develop personal operation strategies and patterns. When the profit probability of investors increases day by day, it means that investors can open a real trading account to speculate in foreign exchange.
On the issue of individual speculation in foreign exchange, this paper focuses on what individual investors should do in foreign exchange trading, as well as the precautions and relevant methods and skills of individual investment in foreign exchange. It can be seen that the process of individual speculation in foreign exchange is very simple. Investors can go to the bank to open an account for foreign exchange investment. If they want a stable return on foreign exchange investment, investors need to be familiar with the laws of the foreign exchange market and master the relevant methods and skills of investment.
Most Popular Trading Platform Gold investment industry is also driven by the Internet plus wave, and has taken the express train of the Internet to speed up the transformation and upgrading of the gold investment industry, gradually changing the traditional gold financing mode, and completely launched a new mode of online gold financing. Internet gold financial management has also rapidly subverted the traditional gold financial management market and brought new vitality and vitality to the whole industry.
The rise of online gold financial management has greatly reduced the intermediate trading links of traditional gold financial management methods and simplified the steps of opening accounts, trading, cashing and exchange of gold investment. Compared with the traditional gold financial management model, the online gold financial management model has the advantages of low investment threshold, simple and convenient operation, fast return, high income, flexible transaction and strong liquidity. The emergence of many Internet gold financial products has also enriched the gold financial management channels of investors and catered to the escalating gold financial management needs of investors, Maximize the value preservation and appreciation effect of gold.
Throughout the rise and development of the Internet gold financial market, professional things also need a professional platform to do. On the basis of safety standards, gold investors prefer to choose trading platforms with high flexibility, good reputation, good service, intelligence and convenience. Now let's introduce the ranking list of the most popular spot gold trading platforms (2021) for investors' reference.
1. Jinrong China
For example, Jinrong China (www.jrjr. COM /? 361), which is familiar to many investors, is a precious metal trading platform holding the AA class 084 clerk license of the Hong Kong gold and silver trading market. Since its establishment with the approval of the Hong Kong Government in 2010, Jinrong China has been operating steadily, has also been recognized by the Shanghai Gold Exchange and has been awarded the international membership license of the Shanghai Gold Exchange (agent).
As a professional platform in the field of precious metal investment such as gold and silver, Jinrong China has been in operation for ten years, facing the global market, providing safe and stable trading environment and professional and reliable financial investment services for global investors. Up to now, it has been trusted and supported by more than 3.82 million investors around the world Most Popular Trading Platform.
Jinrong China's Jinrong school, Jinrong circle and online interaction fully meet the needs of most investors, so that everyone can easily learn how to trade, improve professional knowledge, accumulate trading experience and save investment time.
2. Wanzhou gold industry
Wanzhou Gold Industry Group Co., Ltd. (hereinafter referred to as "Wanzhou gold industry") is a member of AA class 141 in the Hong Kong gold and silver trading market. It is also a member of the standard gold group. It holds the 999.9 gold smelter certificate recognized by the trading market and can legally operate London gold, London Silver, 999 gold, Hong Kong dollar kilogram bar, RMB kilogram bar, Hong Kong dollar 999.952 gold and Hong Kong dollar 999.9 15kg silver.
3. Wan Zhaofeng
Wanzhaofeng group was mainly engaged in local property investment and asset management before 2006, mainly in financial investment and advisory services. On June 6, 2007, wanzhaofeng International Gold Industry Co., Ltd. was established and acquired its gold and silver trading field clerk and gold group member license from RNA Holdings Limited, a former listed company on the stock exchange of Hong Kong. After more than a year of negotiation Most Popular Trading Platform, review and processing by relevant departments, it was successfully approved and purchased relevant licenses on August 5, 2008 to become an approved precious metal dealer.
4. Cathay Pacific gold
Hong Kong Cathay Pacific Gold Industry Co., Ltd. is an AA member at No. 096 of the Hong Kong gold and silver trading market. It has been approved by the Hong Kong government to carry out solid gold trading worldwide and provide London gold / silver electronic trading. Hong Kong Cathay Pacific gold provides customers with MT4 trading platform, which operates stably and executes at a second speed, and seamlessly connects with Cathay Pacific gold's quotation.
5. First payment
First Asian merchant gold and silver industry Co., Ltd., hereinafter referred to as "first gold", formerly known as Fu Erwei gold, was founded in Hong Kong in 1991. First gold is a member of the gold group of the Hong Kong gold and silver trade field and a member of Class AA (line number: 114). It is a recognized gold smelter and caster in the gold and silver trade field. It can cast one kilogram of gold bars and five thousand gold bars of 9999 fineness. First gold is also a recognized electronic dealer in the gold and silver trade field, specializing in the spot trading of RMB kilogram gold, 99 gold, international gold and silver.
6. Dingzhan gold industry
Dingzhan Gold Industry Co., Ltd. (hereinafter referred to as "dingzhan gold industry") is a clerk of "AA" category of Hong Kong gold and silver trade market, with clerk number: 159 (the highest category). Dingzhan gold provides MT4 trading platform for online electronic transactions. The platform integrates market chart, technical analysis and trading functions. It is a professional and excellent trading software.
7. Hansheng group
Hansheng Group Co., Ltd. is an approved electronic trading clerk of the Hong Kong gold and silver trading market. It is an AA Clerk (clerk No. 208) and can operate 99 gold, Hong Kong dollar kilogram bars, London gold / silver and RMB kilogram bars. Hansheng group adopts MT4 trading platform integrating professional data and simple operation.
8. Jinsheng precious metals
Hong Kong Jinsheng Precious Metals Co., Ltd. (hereinafter referred to as "Jinsheng precious metals") is incorporated in Hong Kong. As a professional electronic dealer recognized by the Hong Kong gold and silver trade field, it is an AA Member No. 047 Bank member of the Hong Kong gold and silver trade field and an electronic dealer recognized by the Hong Kong gold and silver trade field with a history of 100 years.
Jinsheng precious metal app is a professional precious metal comprehensive trading software independently developed. The app integrates the functions of account opening, trading, deposit and withdrawal, real-time quotation, market broadcasting, expert analysis, customer service consultation and so on, so that customers can use mobile phones to trade anytime and anywhere and grasp the best opportunity for profit in time.
9. Lingfeng precious metals
Lingfeng Precious Metals Co., Ltd. is a registered clerk at No. 145 of the gold and silver trading field. It holds the highest level AA trading license and 999.9 gold smelter certificate recognized by the trading field. It can legally operate gold trading businesses such as London gold / silver electronic trading, trading and casting of 99 gold, Hong Kong dollar kilogram bars and RMB kilogram bars. All transactions are recognized and supervised by the gold and silver trading field, And subject to the laws of Hong Kong.
10. Cast bohuang precious metal
Zhubo Huangyu Precious Metals Co., Ltd. is the London gold and silver dealer platform of brilliant group. It holds the qualification of Class AA No. 79 clerk in the gold and silver trading field and is subject to the dual supervision of the gold and silver trading field and the laws of Hong Kong. Zhubo Huangyu precious metals provides MT4 trading platform for online electronic trading. The self-service simulation account of the platform is not available. You can contact the customer service to obtain the simulation account, or apply for the simulation account on the Zhubo Huangyu website.
These are all the contents of the ranking list of the most popular spot gold trading platforms (2021). Recently, the price of gold has repeatedly hit a record high. The mainstream view in the industry believes that under the influence of many favorable factors such as the slow global economic recovery, the escalation of geopolitical risks and the tense situation between China and the United States, gold still has a long-term upward trend, and the investment opportunities of gold are still on the way, The online gold financial management model is bound to bring unlimited profit possibilities to investors.