At present, there is no spot gold exchange in the mainland, only futures gold and gold TD, and spot gold is legal, and there are exchanges in other developed countries, so it is not illegal for individual investors to simply invest in spot gold, because there is no illegal act of individuals investing in overseas spot yellow metal in laws and regulations.

It is precisely because there is no spot gold exchange in the Mainland that it will be more difficult for investors to apply for legal aid if they have any problems that cannot be solved during the transaction, because you are going abroad, and the nearest spot gold is in Hong Kong.

Therefore, investors must be cautious in the process of choosing platforms. Usually, the methods to identify whether it is a regular platform are:

1, whether the standardized exchange of the platform is formal and legal.

2. Whether the trading of spot gold is allowed in the operating authority given by the exchange to the platform.

3. Is the platform in your hand and the official website where you open an account the same as the platform name registered by the Exchange and official website?

4. When you deposit funds, are you under the supervision of UnionPay, or are you in a corporate account?