Spot gold is a financial product that uses electronic trading as the operating mode, precious metal products as the core of trading, bank custody funds as security, and quick entry and exit for profit as the purpose of short-term trading.
If you want to do well, you must choose the right platform and follow the right people. Because the domestic regulatory mechanism is not yet mature, the current internal market is still in a period of consolidation. If you choose a platform, it is recommended to choose some countries and regions with more mature regulatory mechanisms.
Based on our company’s five years of experience in the gold and silver industry, there are currently many platforms in the domestic market from the UK, New Zealand and Hong Kong. UK and New Zealand platforms generally need to find foreign regulatory agencies, which is not very convenient compared to domestic ones. But yes, let’s examine the cooperation between these foreign companies and domestic institutions, as well as their domestic scale.
For Hong Kong, the main thing is to look for the registration information of the platform in the Hong Kong Gold and Silver Trade City. Generally, member units with higher rankings in the AA category will be more stable. If you still have any concerns about choosing a platform, you can ask or follow my name.