At present, there are several domestic exchanges that can do crude oil, such as Xinhua Bulk. These are well-known platforms in China, which were established earlier and are all owned by Xinhua News Agency. Crude oil prices are all converted through international prices, so those crude oil scams mentioned on the Internet are estimated to be the actions of illegal and non-compliant agents. At present, the CSRC is vigorously cracking down on such companies, so when choosing any investment products, it is necessary to understand the background of the other company and platform and whether it meets the qualifications for trading crude oil.

There are many platforms on the market now, and sometimes they are mixed, so we really need to pay attention. When judging this, you should mainly pay attention to the following points:

First, whether the funds are in the tripartite custody of the bank; At present, the funds invested in securities/futures/spot formal platforms are all managed by three parties. If the money is directly transferred to someone else's account, you should be careful;

Second, whether there is a formal approval and trading license, which is the access qualification of financial enterprises;

Third, can you deposit and withdraw money normally? At first, you can put less money and try to deposit and withdraw money normally.

Fourth, compare the trend with the international market.