Common characteristics of financial fraud:
1, fictitious trading platform, using simulated trading software. Fraudulent gangs often compile a tall company and send investors a software that simulates trading, and the software is controlled by them. The market and price trend of bulk commodities in the software are determined by themselves, and then they are fried with investors. You buy up, he buys down, making you lose money.
2. Freeze the customer account and delay the transaction. When investors make profits, they freeze their accounts so that they can't sell normally after buying, and then other traders will widen the price direction, turning investors' actual profits into losses.
3. When the customer is profitable, forcibly close the position. This is called avoiding your loss. Due to the background control of trading software, when investors are found to be profitable, they are forced to close their positions. Because investors are generally online accounts, there is no contract, and they don't know the name and address of the company, so they are often forced to close their positions, and there is no way.
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How to identify whether the platform is formal?
1, business qualification
Formal trading companies are members of the exchange, authorized agents of exchange members and commercial banks. Investors can check on the website of the Exchange. The member units of the Exchange shall make public announcements on the website of the Gold Exchange, and investors may also call directly to inquire about the members. The Hongkong Platform can be found on the website of China Gold and Silver Exchange.
2. Capital security
The funds of regular trading companies are deposited in the special accounts of members and customers of the Gold Exchange, and will be put on record at the Shanghai Futures Exchange after being sealed, and will be subject to supervision. The funds of informal trading companies are all in their own accounts, even in personal accounts. If it is a Hong Kong platform, you must choose a platform provider who has legal electronic communication qualification in China Gold and Silver Exchange.
3. Dealers subject to safety supervision
The so-called "third-party depository of customer settlement funds" refers to the unified depository of customer transaction settlement funds by a third-party depository independent of securities companies in accordance with relevant laws and regulations. At present, third-party depository institutions refer to commercial banks with third-party depository qualifications. The customer's transaction settlement funds are uniformly deposited by the third-party depository bank, and the customer's deposit is guaranteed by the double credit of the commercial bank and the dealer, so as to ensure the customer's fund payment, and the customer's fund security can be guaranteed and more assured.
4. Characteristics of trading platform
Formal trading companies, such as Jin Rong China Platform, will do their best to maintain the trading platform so as not to affect customers' transactions. The trading platform of informal trading companies is their own and manipulated by themselves, and even sometimes there are various phenomena such as disconnection, inability to close transactions and inability to close positions. In order to make customers unable to make profits or make customers lose money.
5. Nature of the transaction proposal
Formal trading companies will give customers reference opinions, do not make correct promises, and hope to help customers make profits. Informal gold trading companies induce customers to trade according to their trading suggestions, and induce customers to generate losses to realize their own profits.