First of all, you should know how to inquire about the regulatory information of traders (note: many fake traders claim to have regulatory numbers, but this does not necessarily mean that they are regulated. Maybe they are selling dog meat by hanging sheep's head. Be sure to check whether the regulatory information of traders is qualified for foreign exchange trading, because some companies will register with the regulatory authorities as consultants, general trading companies or insurance companies. At present, the FSA in Britain and NFA in the United States are the most stringent regulators of the foreign exchange gold investment market, followed by ASIC in Australia and FMA in New Zealand. Step 1: Open the FSA UK Financial Services Authority official website;
Step 2: Click on the FSA Register section in the lower right corner of the title bar or homepage, and find the FSA Register (Note: Because the time difference between the United States and the United Kingdom is 8 hours, our morning is midnight in the United Kingdom, sometimes FSA Register Site Unavailable may be displayed when logging in to inquire about supervision in the morning.
Step 3: After entering the page, select a financial service company to search;
Step 4: Enter the company reference number or company name to be queried on this page;
Step 5: For example, the supervision number of China Bank is: 4674 10. Click Submit after entering, and a company introduction page pointing to the supervision number will appear, searching for the registered address and business scope of the company. Pay special attention to whether you are qualified to hold customer funds:
Displays the current status: authorized, indicating that FSA has authorized the company and found the notice.
If the notice is displayed: can hold and control the customer's funds, it means that they are allowed to hold and control the customer's funds, and this is a regulated and qualified company.
If "notice: unable to hold and control customer funds" is displayed or there is no content, it means that they are not allowed to hold and control customer funds, and such companies are not bound by regulatory violations.
Click permissions.
Looking for activity name: agency investment (business scope).
There is a rolling spot foreign exchange contract (spot foreign exchange transaction)
See if the company has a securities and futures license:
Click on "Regulatory Authority".
Find the regulator name.
Display the following:
Financial Services Authority -FSA (British Financial Services Authority, this content is basic information, all companies will appear)
Securities and Futures Authority (UK Securities and Futures Licence)
The FSA regulator is a relatively strict regulator in the world, directly under the British Chancellor of the Exchequer (Britain has a cabinet system and no ministerial position), and it is a non-profit regulator. But in any case, foreign exchange service providers are only intermediaries, and there is no situation in which insurance companies cannot compensate customers for policy risks. Therefore, they only need to accept the formal supervision of the British Financial Services Authority. Because FSA checks the assets of foreign exchange service providers every month, and customers' funds are managed independently, they are all safe, especially with the Financial Services Compensation Scheme (FSCS) in the UK. If the broker is authorized by FSA to the highest degree, FSA will pay its clients up to 85,000 pounds (about 6,543.8+4,000 US dollars) in compensation when the company goes bankrupt or may go bankrupt for any reason. Financial services compensation scheme
FSCS recently met with major investors in the person-to-person loan market. FSCS does not include person-to-person loans. However, if the investor's funds are deposited in the customer account of a bank or building association authorized by the Financial Services Authority, and if the bank or building association goes bankrupt, FSCS will provide the investor with 85,000 pounds. FSCS needs to prove the right and purpose of investors to pay the deposit within 7 days.
The required decentralized common system protects customers' funds. The funds in customer accounts are divided into ownership, use right and custody right according to legal norms. The legal ownership cannot be changed and only belongs to the account holder; The right to use can be disposed of by the customer, decided by himself, or entrusted to other legal entities to exercise it on his behalf. The company is responsible for the custody rights and interests of funds in customer accounts. After signing the capital security agreement with the customer, on the one hand, it is guaranteed by the deposit paid to the relevant regulatory agencies, and on the other hand, it is guaranteed by the financial guarantee insurance purchased from commercial insurance companies. The internal supervision of the company requires that the total amount of the two aspects should be kept above 65,438+0.5 times of the customer's equity capital.