Is foreign exchange speculation formal and is the fund safe?

Is foreign exchange speculation formal , Is the money safe ？

---

Take the answer 1：

The first key step in applying for a real foreign exchange account is the choice of the dealer , There are a few factors to consider when choosing a trader ： Fund safety . Whether U.S. dealers are subject to NFA And CFTC regulatory , The UK dealer's regulator is FSA. The regulatory authority for Australian traders is ASIC. This is the fundamental guarantee of capital security .

in addition , Regular traders' client funds are separate from their own funds , Entrusted to another commercial bank . Besides , It also depends on whether the system is connected stably .

Spread , Spread is the basic cost of a transaction , Whether the transaction is immediate （ The central line can be neglected ）.

Lever size （ I suggest at least 1：100, Otherwise, it will occupy too much margin ）;

Overnight interest conditions （ Intraday trading can be ignored , But if you have to pay interest regardless of the business, it is absolutely too dark ）.

There are many transaction currencies provided , Otherwise, some currency pairs cannot do , And the more crosses , You can compare the strength of currencies by cross - checking ;

Chinese commentary service （ It will work when you have a problem , Except good English ）;

Whether it can provide mobile phone quotation service （ It is convenient for you to know the market at any time ）;

Free phone transactions ; The chart function of the platform ; other ： Service charge for each deposit and withdrawal ; The path of deposit and withdrawal ( Telegraphic transfer , UnionPay , The credit card ,Paypal, Checks, etc ).

I hope the above answers can help you , You can add my wechat communication at any time .
reminder ： Investment is risky , Careful choice .

---