It’s not that ICBC doesn’t want to do this.
There are several main reasons.
First, all domestic banks have launched foreign exchange gold for four or five years.
The first time many novices in China come into contact with are banks’ physical gold and bank foreign exchange gold financial products
However, almost all bank products with little experience are not willing to do so. The main reason is that their handling fees are ridiculously high, and the profit of ICBC in one day reaches tens of billions, which has fixed its own ideas.
For China's European and American currency pairs, the bank spread is 13 points, while Foreign formal platforms generally have 3 points.
Secondly, the main reason is that banks are currently unable to provide 24-hour technical support and services. Generally, foreign exchange gold transactions of domestic banks are not bought and sold 24 hours a day. I get off work after five o'clock. And spot gold in London is traded 24 hours a day.
Finally, it is not impossible. For example, futures, five or six years ago, China only had stocks, and the threshold requirement for futures was 500,000 yuan. Now, Almost all of them are allowed. It is best to choose a platform that is British and regulated. For example, you can also go to the simulation section to apply for a simulation to try it out. The main thing is to master the skills and short-term and long-term skills, and you don’t understand the others. Let’s discuss with each other