1. Spread and commission: The spread cost of conventional international spot gold margin trading is 5 points. If the price difference is less than 0.5, then pay attention! The handling fee is $50 for general companies, and 0 for some companies. It depends on the size of the investment company, but the point is the difference!
2. Fund management: At present, the warehousing funds of domestic regular international spot gold margin transactions are generally managed by HSBC (or its cooperative domestic banks, such as Industrial and Commercial Bank of China) through third-party custody. If the company asks you to deposit money in a private bank account, you are likely to meet a fraud company.
Third, the software problem: the software downloaded by the regular platform is installed online, while the fake platform often downloads the compressed package and then decompresses it. The software used in foreign exchange trading platform is basically MT4 platform, which is automatically downloaded from the server when the formal platform is installed. If it can be used directly, it must be fake.
4. Regulatory issues: When choosing a foreign exchange account opening platform in the United States, Britain or Hong Kong, you should check whether it is regulated. The following are three official websites of supervision. The first is the NFA, futures industry association. Enter the supervision number into NFA ID to see if there is such a dealer. The FSA of the British Monetary Authority will directly put the supervision number in the search field, and it will search for relevant information. After opening, there will be a PDF membership form, which will be found in a few minutes. As for the China Gold and Silver Exchange, it is even simpler. It's all in Chinese, and there are members' messages in the upper right corner. Don't forget the second thing after the inspection. Check whether the dealer website you are about to open an account is official website or fake and inferior products.
I hope my answer can help you!