Foreign exchange transactions can be conducted in China. Although there is a clear law in China that companies are not allowed to organize citizens to speculate in foreign exchange, domestic investors in China can open accounts overseas through domestic foreign exchange account companies. At present, foreign exchange companies in China are all foreign companies, which is legal.

Let's explain it this way. For example, it is naturally legal to travel abroad and do foreign exchange margin trading with foreign exchange companies. At present, the role of domestic foreign exchange companies is to save you the step of going abroad. But if your funds are not remitted abroad or to Hong Kong, Macao and Taiwan, it is definitely not a legitimate company. So all foreign exchange speculators should pay attention.

In other words, they are legal, but these companies must be strictly regulated, such as FSA (British Monetary Authority) in Britain, NFA (American National Futures Association) in the United States and Securities Regulatory Commission in Australia. Switzerland can also be other regulators. I suggest that you don't need to read more books.

Domestic foreign exchange speculators can apply for opening foreign exchange accounts through foreign exchange investment companies, and only foreign exchange trading platforms can supervise them. Be careful of some defects. Pay attention to the safety of funds. Foreign exchange speculative funds are deposited in third-party accounts, and foreign exchange investment account opening companies do not involve capital issues.