The selection of platform vendors should pay attention to:
At present, London gold trading, like foreign exchange trading, is in a gray area in China, and the national policy is not to support, advocate or oppose it. China's current laws only explicitly prohibit domestic investors from operating overseas futures. If you invest in gold futures, it is definitely illegal. However, at present, there is no legally qualified dealer in China to carry out this business. Therefore, if investors want to trade London gold, they must sign contracts with overseas legally qualified dealers and become customers of overseas dealers, and then operate through the trading software provided by dealers to achieve the purpose of entering the market in a curve. Similar to B-share speculation, they all invest in overseas assets, but the difference is that when B-share speculation, investors go through qualified institutions located in the Mainland.
Because overseas dealers are unfamiliar with the mainland market and have no extra energy to explore the domestic market, most overseas dealers use the form of developing agents to attract domestic investors to participate in London gold trading. Its operation mode is that overseas legal distributors cooperate with domestic agency companies (mostly investment consulting companies), the distributors entrust the agency companies to develop customers, the distributors pay commissions to the agency companies, and the agency companies help to maintain customer relationships.