At present, China's laws have not listed foreign exchange speculation as an illegal or illegal object, that is to say, individuals are not prohibited from participating in foreign exchange transactions, so foreign exchange speculation has become a blank in China, which is neither legal nor illegal. In foreign countries, foreign exchange speculation is indeed legal, and there are also regulatory agencies similar to the CSRC, such as the Futures Association of the United States and the Financial Supervisory Authority of the United Kingdom, all of which supervise foreign exchange platforms to ensure their safety and legitimacy. Therefore, domestic investors can participate in foreign exchange transactions, but they must choose a supervised foreign exchange platform to ensure their property safety. Since this platform has closed down or violated the law, investors' property is standardized and safe.

legal ground

criminal law

Article 225 Whoever, in violation of State regulations, commits one of the following illegal business operations and disrupts the market order, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and shall also be fined not less than one time but not more than five times for illegal gains or confiscation of property:

(a) without permission, the franchise, monopoly of goods or other goods restricted by laws and administrative regulations;

(2) buying and selling import and export licenses, import and export certificates of origin and other business licenses or approval documents stipulated by laws and administrative regulations;

(three) without the approval of the relevant competent departments of the state, illegally engaged in securities, futures, insurance business, or illegally engaged in fund payment and settlement business;

(four) other illegal business activities that seriously disrupt the market order.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.