Current location - Trademark Inquiry Complete Network - Futures platform - What is the difference between foreign exchange trading platforms in the United States and Britain?
What is the difference between foreign exchange trading platforms in the United States and Britain?
1, with different trading varieties, Britain is more extensive, and the United States prohibits buying and selling spread contracts, which account for half of the trading platforms. Therefore, the trading varieties provided by American foreign exchange brokerage platforms are relatively small, usually limited to dozens of currency pairs and precious metals. There is no ban in Britain, and there are more types of transactions.

2. The security of funds is different. When opening an account with an American foreign exchange broker, the funds are deposited in a cooperative bank, which is separate from the broker's working capital. However, there are two kinds of foreign exchange brokers in Britain, one is authorized by the Financial Services Authority to hold clients' funds, and the other is not authorized by the Financial Services Authority. The funds of developed customers are not protected by the Financial Services Authority.

3. Different regulatory agencies, American foreign exchange brokers are under the dual supervision of the Commodity Futures Trading Commission and the National Futures Association, while Britain is a unified mixed regulatory agency. Whether it is the securities industry, trust industry, insurance industry or local retail foreign exchange industry, as long as it belongs to the financial industry, it will be supervised by the Monetary Authority. British regulators are particularly concerned about unfair trade. The government has set up an education website to teach customers how to save themselves and protect themselves when they are treated unfairly. .

4. Leverage multiples are different, and leverage also plays a powerful role in foreign exchange trading.