Foreign exchange transactions are not allowed. Companies may not be established in China to organize citizens to speculate in foreign exchange, but the state does not interfere with citizens' participation in overseas foreign exchange platforms under formal supervision for overseas investment.

At present, there are two main ways for China investors to invest in foreign exchange: one is to open a firm foreign exchange transaction in a domestic bank, and the other is to open an account abroad directly through the domestic agency of an overseas dealer to do foreign exchange margin business. If your funds are not remitted abroad, it must be an illegal company.

China Bank's foreign exchange speculation.

Offline foreign exchange purchase: China Bank purchases foreign exchange offline mainly through the counter of China Bank outlets. Users need to hold valid personal identification documents to apply for a current all-in-one passbook or a fixed all-in-one passbook at China Bank and deposit a certain amount of foreign currency cash or cash, then they can directly purchase foreign exchange.

Online purchase of foreign exchange: offline purchase of foreign exchange can be conducted through mobile banking or online banking.

How to open a foreign exchange account in China Bank?

1. The account-opening unit must issue a certificate for the use of foreign exchange account to the bank when handling account receipt and payment. The bank that opens an account handles account receipts and payments for the account opening unit according to the scope of account receipts and payments specified in the foreign exchange account use certificate. Without the approval of the foreign exchange bureau, no account opening unit or bank may use the account beyond the scope.

2. The account-opening entity shall use the account in accordance with the provisions of the Approval Letter for Opening a Foreign Exchange Account and the Certificate for Using a Foreign Exchange Account on the maximum amount of the account, service period and settlement method, and shall not use the account beyond the scope and time limit. For accounts whose net income needs to be settled, the account opening unit shall handle the settlement in time. Accounts that need to be postponed due to the progress of the project shall be applied to the foreign exchange bureau in advance, and shall not be postponed without approval.

3. Approved foreign exchange accounts must participate in the annual inspection. The account-opening entity shall abide by the Provisions on Annual Inspection of Foreign Exchange Accounts in Current Account of Chinese-funded Enterprises in Domestic Institutions and relevant supplementary provisions. The annual inspection time is1~ April every year. The specific inspection of the account shall be carried out by the accounting firm entrusted by the account opening unit. The foreign exchange bureau shall verify the list of designated accounting firms once a year and announce it to the account opening unit. The account-opening unit chooses its own accounting firm to conduct annual inspection on its account.

Bank of China speculation foreign exchange platform

China Foreign Exchange Network is a comprehensive financial website specializing in financial investment management services, covering foreign exchange, gold, indexes, commodities, crude oil and futures. China foreign exchange network was established in April, 20 1 1. Provide professional foreign exchange speculation and simulated foreign exchange speculation services, and provide the best foreign exchange account opening platforms for global customers, such as FXCM, IFX, FXSOL, AETOS, FxPro, CLF, IronFx, OFX, IBFX and many other best foreign exchange platforms. At the same time, it provides excellent services such as foreign exchange speculation guidance, foreign exchange trading learning, capital safety explanation, foreign exchange training materials, US dollar index and real-time market data of foreign exchange currencies.

Does China Bank speculate in foreign exchange to make money?

The answer is yes, but no more than 1-2% is profitable.