1. regulators [1] prefer the NFA of the United States, which is the most standardized among many regulators. Its first-in-first-out principle and low leverage of 50: 1 The principle of FIFO does have a great influence on traders' trading habits, but some smart platforms cleverly avoid this influence by opening sub-accounts of accounts. The upper limit of 50-fold leverage only affects speculators in ultra-heavy positions and Man Cang. [2] British FSA, in terms of its regulatory standards, is actually far from NFA, and even irresponsible! However, Britain's position in the world financial conference makes the FSA rank second. Recently, however, the FSA has provided investors with a protection plan to ensure that our interests are not infringed. [3] Australian ASIC. ASIC is the strictest regulator, but it is not necessarily more standardized than NFA.
2. The experience of platform performance tells us that any platform may have problems, but the losses are never caused by platform problems, but you are forced into it! At present, mainstream platforms will compensate customers for their own technical problems, as long as you provide conclusive evidence, not wishful thinking on the platform. With regard to floating and fixed spreads, normal interbank transactions, spreads are floating, so people's aversion to floating is an irrational understanding. 3. The speed of withdrawal is what users are most concerned about: whether it is safe and timely to withdraw cash after making money in the financial market. On the platforms supervised by NFA in the United States and FSA in the United Kingdom, if the withdrawal time of securities brokers exceeds 1 month, users can directly write to complain to NFA in the United States or FSA in the United Kingdom, and the compensation will be amazing. Secondly, in order to prevent international money laundering and protect customers' funds, large brokerage firms will only accept deposits and withdrawals from the account holders themselves. The name of the withdrawal account must be the same as that of the opening account. Generally, it takes about 20 days from the application for cash withdrawal to the receipt of the money in the bank account, including the review of the application by brokers, the review of the remittance of funds by the supervision of the National Bank of the United States, the review of the inflow of overseas funds by the Central Bank of China, and the time required for the transfer from the Central Bank of China to the user's bank. If it is a large brokerage institution with an office in China, it will be much faster, which will directly save a lot of tedious auditing links.