Of course there are risks, and some black platforms are deceptive! However, there are also regular exchanges and their member units that really want to earn trading commissions. But even these formal exchanges are engaged in spot trading, which is essentially futures trading because the legal characteristics are the same. However, because these spot exchanges are not qualified to engage in futures trading (if there are any, they are not necessarily under the banner of spot trading), these spot transactions are illegal futures trading. It's up to you whether to enter the market or not. After all, the risk and return in investment are generally proportional.

The following is a guide to avoid abnormal risks in spot trading, which I summarized and hope will be helpful to you:

Choose a regular exchange. Establish regular exchanges with the approval of governments at or above the provincial level;

2. The trading software must be downloaded from the official website of the Exchange. Never use the trading software sent to you by member units or downloaded from the website of member units;

3. When opening an account, carefully read a series of contract documents such as customer agreement and risk warning. If you open an account online, you should save a screenshot of the contract content;

4. Keep all transaction records regularly and timely, especially after being forced to close positions;

Don't blindly trust any so-called "teacher", you must keep your own judgment.

Reference website: goodsattorney.top