Can't do external futures in China. Domestic units or individuals shall not engage in overseas futures trading in violation of regulations. Domestic investors participate in overseas futures trading through trading software or mobile clients. Once a dispute occurs, their rights and interests will not be effectively protected. If someone tells that promoting "external futures" can make a lot of money, it is fraud and misleading. Relevant laws and regulations are as follows:

Regulations on the administration of futures trading

Article 73

Domestic units or individuals engaged in overseas futures trading in violation of regulations shall be ordered to make corrections, given a warning, confiscate their illegal income, and impose a fine of not less than 0 times but not more than 5 times their illegal income; If there is no illegal income or the illegal income is less than 200,000 yuan, a fine ranging from 200,000 yuan to 6,543.8+0,000 yuan shall be imposed; If the circumstances are serious, its overseas futures trading shall be suspended. Give a warning to the directly responsible person in charge and other directly responsible personnel of the unit, and impose a fine ranging from 6,543.8+0,000 yuan to 6,543.8+0,000 yuan.

Extended data:

Regulations on the administration of futures trading

Article 42

The purchase of foreign exchange, settlement of foreign exchange and foreign exchange receipts and payments under overseas futures shall comply with the relevant provisions of the state on foreign exchange control. Measures for domestic units or individuals to engage in overseas futures trading shall be formulated by the State Council Futures Regulatory Authority in conjunction with relevant departments such as the State Council Commercial Department, State-owned Assets Supervision and Administration Department, Banking Supervision and Administration Department and Foreign Exchange Administration Department, and shall be implemented after being submitted to the State Council for approval.

Article 83

Measures for the administration of the establishment, acquisition or equity participation of overseas institutions in futures trading institutions and the establishment of branches (including representative offices) by overseas futures trading institutions in China shall be formulated by the the State Council Futures Supervision and Administration Department in conjunction with the the State Council Municipal Department of Commerce, the foreign exchange administration department and other relevant departments, and shall be implemented after being approved by the State Council.

China Securities Regulatory Commission-Can I participate in the promotion of "external futures"?