According to the relevant documents of the State Council, the formal trading place (crude oil spot speculation formal platform) has the approval of relevant government departments at the provincial level (including municipalities directly under the central government and some cities with separate plans), such as the Provincial Finance Office, the Provincial Department of Commerce, the Provincial Economic and Information Technology Commission and the Provincial State-owned Assets Supervision and Administration Commission. , but the municipal and district government departments have no approval authority. Secondly, the state-controlled trading place (the formal platform for speculating crude oil spot) is more credible because it is supervised by SASAC.
Can I open an account online to buy crude oil spot? The formal trading place (the formal platform for speculating crude oil spot) itself does not participate in trading activities, but only provides a fair, open and just third-party platform. There will be no investment consulting information in official website, but more announcement information and risk warning.
2. Select member companies
Just as the stock exchange will not directly open accounts for retail investors, the formal platform for speculating crude oil spot will not directly open accounts for investors, but through subordinate member units. If something goes wrong, the exchange has management responsibility for its members, and it needs to bear joint and several liability, and there is also a punishment mechanism inside. It is safer to choose member companies for the fair. Investors can check whether a precious metals investment company is formal by inquiring about the member information of the trading center and calling the center for consultation.
3. Look at fund custody
All the trading funds of the regular platform of spot crude oil speculation are deposited by commercial banks, which is equivalent to the third-party depository of securities. Be careful without this.
Can Hangzhou open an account online to buy spot crude oil? Through the above introduction, I believe investors have a certain understanding of this. For novice investors, you should do your homework before investing.