Be careful when registering an account and do not give out your ID card.

In fact, this kind of thing is not only in the foreign exchange industry, but also in all business models.

In the business world, asymmetry of resources and information can generate profits; before I did foreign exchange, I was in foreign trade business. At that time, I was in Africa, specializing in linking foreign customers with domestic factories. At that time, if a friend introduced me to a new client, after the business was concluded, I would give my introducer an introduction fee. This was a rule in the industry.

Many business models are like this, and it is the same in the operation of my company now. When someone introduces a customer to me, I will pay an introduction fee when the business is concluded.

There is a philosophy in doing business: A good business is a business where everyone makes money. To put it more loftily, it is called the first win; the sharing of profits is also the most effective business model for business development.

The cost of foreign exchange transactions consists of handling fees and points; in addition to ECN account types, all foreign exchange platform account type transactions will have rebates. Platforms of different levels and sizes reflect the level of It’s different; of course, this is also related to the customer’s deposit amount and transaction size. Generally, the greater the deposit amount and the greater the trading volume, the higher the commission rate will be.

For example, employee A in the foreign exchange industry introduces customer B to the xx platform for trading. The platform will return part of the rebate to A; this is the rule of the game in the industry; as for the amount of rebate, each platform will have different rebate levels based on different deposit amounts and transaction volumes.

In order to obtain more commissions, employee A will introduce more customers to the XX platform for transactions. The more customers you introduce, the greater the transaction volume, and the more rebates you can achieve. This is a form of head-pulling in the Forex industry.

This form of refund of foreign exchange fees also exists in the business development of internal futures companies, and futures companies can also return part of the fees to the introducer.

In the foreign exchange industry, it is the rule of the industry to attract people with anti-handling fees. Wherever you trade, you still need to pay a handling fee; as long as the platform is safe, it’s fine. Large foreign exchange agents all have dedicated account managers equipped with specialized platforms. If they need to handle various businesses, they can go directly to the customer experience. There is no need to go through the online customer service of the foreign exchange website, which is fast and efficient.

I have connected with the account managers of several major platforms. Because I have to handle large amounts of money every day, they can help with account opening, deposit, account type adjustment, password reset, and account activation. I solved it efficiently, so it helped me a lot.

In the foreign exchange industry, attracting people is also a business model. Just like you use Pinduoduo and Taobao, you can get rewards by inviting others; or you can open an ETC or credit card at a bank to help you open an account. That person can receive rebates during your consumption period. There is nothing wrong with the "pulling people's heads" model, but it is limited to legitimate invitation methods.

The capital market is a naked "white wolf with empty gloves", taking advantage of the fragile psychology of human nature to lock up all your funds. Most of the people who rely on this model to make money do so openly and pass. Very moisturizing.

So, before trading in foreign exchange, you must be cautious and not fall into the trap of capital market.

The foreign exchange fund market pulling people’s heads

The fund market pulling people’s heads is a complete scam. The logic of the fund market operation is that the funds of future generations will fill the holes of the predecessors, and enough funds will be attracted. When it got too big, I stopped withdrawing money and gave various excuses.

And the capital brainwashing skills are very profound. Just like xton foreign exchange, which has been unable to withdraw money recently. He actually made up a reason to say that the funds paid by a third party were inspected by the state as "goods" (the announcement on the official website had such a typo). Some people believed such a false reason, which was very speechless.

Even though this is false, many participants in the foreign exchange fund market still believe that there is no problem with the company, and they can definitely wait until the funds come out, and they can make more money, and some people are even still depositing funds.

In order to attract more people to participate, the capital market will adopt the form of hierarchical distribution. For example, A introduces customer B to a certain fund. (It claims to be a formally regulated foreign exchange dealer) Customer A can get a share of the profits from customer B’s account (the profits are all fake) and the handling fees generated by the transaction.

If client b introduces client c to a certain fund, the client can get a share of client c’s account profits and transaction fees; at the same time, the client can also get part of client c’s account profits and fees. Transaction fee share.

Use profit sharing as a link; continuous referrals will be generated; the capital disk will be able to operate.