What kind of spot crude oil trading platform is good? Based on my investment analysis and guidance experience in precious metals, crude oil and foreign exchange markets. The formal platform has two main points:
First, funds are linked to banks, and deposits and withdrawals are normal. Therefore, it is recommended that you choose such a platform when investing.
Second, the quotation is synchronized with international crude oil. The exchange itself provides quotations. As long as the quotation keeps up with the international market, we can know that there is no suspicion of human manipulation. Such a platform is worth choosing.
At present, most of the domestic market is a small local platform, and most of the quotations are out of sync with the international market. Even though the quotations of some larger platforms are synchronized with international oil prices, there are still obvious differences in some nuances. This is what a friend of mine told me. He makes domestic crude oil and foreign crude oil at the same time, Xinhua Bulk in the domestic market (Xinhua Oil is now out of the market) and Kaiser International Finance in the foreign market. The internal margin is relatively high, and the leverage is much smaller. There is no interest rate for holding positions overnight, and the quotation is a bit problematic. The external quotation is an international unified quotation, and the margin is very low, which greatly improves the utilization rate of funds and has great leverage and profit and loss. However, the biggest difference between the inner disk and the outer disk is to make the same barrels of crude oil. The capital required for the inner disk is at least five times that of the outer disk, and the minimum deposit for the inner disk is 5%.
Customers with funds suggest that you do internal transactions and participate in medium and long-term transactions. Customers with less funds suggest trading outside the market and short-term trading. As long as the number of transactions is strictly controlled and the risk of entering the market is well controlled, it is easy to make a profit.