More and more investment scams are because investors don't see the qualification of the platform clearly, whether the platform is legal or tempted by the high returns of related platforms.
Qian Shang Tesco is an investment product launched by Guizhou Precious Metals Trading Center, which can conduct spot silver trading based on WeChat. Guizhou Precious Metals Trading Center was established with the approval of Guizhou Provincial Government and Guizhou Provincial Economic and Information Technology Commission. The trading center is owned by Guizhou Gold Group (now merged into Guizhou Guangsheng Asset Management Co., Ltd.) and Guizhou Lixin Enterprise Co., Ltd. * * *, and is actually controlled by Guizhou Gold Group. The trading center is now the executive director unit of China Gold Association, the vice president unit of Guizhou Gold Association and the vice president unit of Guizhou Nonferrous Metals Industry Association. So the legitimacy is beyond doubt.
So how to distinguish the black platform?
First, look at the platform itself.
According to the relevant documents of the State Council, the formal trading places (platforms) have 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. The municipal and district government departments have no approval authority. Secondly, state-controlled trading places (platforms) are more credible because they are supervised by SASAC.
A simple judgment trick: the formal trading place (platform) 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 (see official website of Shanghai Gold Exchange for details). If you see many guiding articles and trading strategies on a trading platform, including Fed policies, you should be careful. Probably a "pheasant platform".
You can also search the website for more information about the trading platform. If there are authoritative media reports and official news releases, the safety factor will be greatly improved.
Second, look at fund custody.
The trading funds of the formal platform are all deposited by commercial banks, which is equivalent to the third-party depository of securities. Be careful without this.