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Is foreign trade custody legal?
Foreign exchange custody is legal in China.

Individual investors can entrust their own funds to banks, which will conduct foreign exchange operations on their behalf, which is also the best choice for investors at present. Relevant custodian banks recommend China Bank and China Merchants Bank. In addition, investors can also entrust their own funds to a formal trading platform. Because the relevant laws and regulations of China's foreign exchange industry are still immature and the quality of domestic foreign exchange platforms is uneven, investors need to consider the regulatory agencies, registration places and other aspects, and the safety of funds must be put in the first place. In addition, it is necessary to consider the professional skill level of the operator, because trusteeship is to hand over one's own destiny to others, and the level of traders will determine the level of profits. Finally, the trust will also sign a benefit-sharing agreement to make a clear plan for the allocation of funds after profit.

The risk of foreign exchange investment is much higher than that of stocks. Custody will save a lot of energy and time, but at the same time it will not improve the trading skills of investors, and it is not so reassuring to give your account to others for trading.