As the development of the gold market is in the process of exploration, the relevant laws and regulations are still not perfect, and some gold trading platforms are not worthy of the name and illegal operations are inevitable. It is difficult to judge which gold trading platform is better. But we need to know how to distinguish between formal trading platforms.
First of all, when you are in contact with mainland companies, you can clearly ask where their agent platform is. If they answer that the platform is their own, it is obviously a fake platform. And if their answer is the platform of Hong Kong. Then you can ask what is the number of the platform they represent in China Gold and Silver Exchange Institute (for example, Wanzhou Gold Industry, trade market membership number 14 1). Here I would like to introduce the China Gold and Silver Trade Fair. This is a government department responsible for managing the gold business in Hong Kong.
However, if a company wants to enter the China Gold and Silver Exchange Society and get a seat, it needs very large financial guarantee, and it has to pass a series of certification work.
Therefore, if a company has a seat number in the Hong Kong gold and silver market, then its trading platform is generally trustworthy.