Only eight are legal.
One of the easiest ways is to force yourself to remember that there are only eight legitimate exchanges in China, which are supervised by the Securities and Futures Commission.
China Securities Regulatory Commission's supervision of state-level exchanges is as follows:
1, two stock exchanges
Shanghai Stock Exchange
Shenzhen Stock Exchange
New Third Board: the national share transfer system for small and medium-sized enterprises. )
2. Three major commodity futures exchanges
Shanghai Futures Exchange
Zhengzhou Commodity Exchange
Dalian commodity exchange
Special reminder: At present, only the above three commodity futures trading companies in China have been approved, and other commodity exchanges are not regulated by the CSRC. Investors are strongly advised to resist the temptation and not to be fooled.
3. Financial Futures Exchange
China Financial Futures Exchange (hereinafter referred to as CICC)
Address: Shanghai
4. Gold Exchange
Shanghai gold exchange
Other spot crude oil, asphalt, silver, ore, non-ferrous metals, agricultural products, works of art, raw peppers and garlic, etc ... are local exchanges approved by local governments, and even black platforms with no qualifications at all, which are the same in nature as the vigorous Pan-Asian Metal Exchange.
This kind of platform mostly uses margin trading, 1%-30% margin, T+0, two-way trading, 22-hour trading, EIA data, non-agricultural gambling every month, 100% betting, high price difference, high commission, platform earning positions, commission (what is a position, that is, if you lose money, the other party takes it, it will not be taken out) )