In fact, when it comes to gold and silver platforms suitable for retail investors, it is best for domestic friends to register in Hong Kong.
As for why, it's mainly because we are currently in the mainland of China, and basically we can only do futures gold and silver through the Shanghai Gold Exchange and paper gold and paper silver through major banks. Although these are also a kind of gold and silver investment, the futures threshold is relatively high, not everyone can participate, and the premium is obvious.
Paper gold and silver are completely traded products, which are more suitable for long-term fixed investment. Short-term benefits are usually not obvious. If you want to have higher returns in a short time, you need a lot of money.
On the one hand, making spot gold and silver on the regular Hong Kong platform is completely in sync with the international market, and on the other hand, the relevant laws and regulations are perfect, which can fully protect our investment rights and interests.
In addition, the entry threshold for spot gold and silver is very low. Take Daejeon Global as an example, you can open a mini account for only $30, which is almost suitable for most investors. In addition, the trading rules of this kind of products are also quite flexible, belonging to the margin leverage trading type, and T+0 two-way trading can be carried out for 24 hours on the opening day. We can enter and leave the market almost anytime and anywhere, and there are many profit opportunities.
Therefore, if you want to choose a gold and silver platform for trading, it is best to choose a regular spot gold and silver platform registered in Hong Kong from the aspects of market access threshold, yield and profit opportunities. The fair is more convenient and flexible, and the investment is more secure! Of course, we must remember to choose those platforms with high reputation, which are more reliable.