It is possible to conduct foreign exchange transactions in China. Although there is a clear law in China that companies are not allowed to organize citizens to speculate in foreign exchange, domestic investors in China can open accounts overseas through domestic foreign exchange account companies. At present, foreign exchange companies in China are all foreign companies, which are legal.

To put it simply, for example, if you travel abroad and go to a foreign exchange company for foreign exchange margin trading, it is naturally legal. At present, the role of domestic foreign exchange companies is to save you the step of going abroad. But if your funds are not remitted abroad or to Hong Kong, Macao and Taiwan, it is definitely not a legitimate company. So all foreign exchange speculators should pay attention.

However, these companies must accept strict supervision, such as FSA (British Monetary Authority), NFA (American National Futures Association), Australian Securities Regulatory Commission and Switzerland. There is no need to read more suggestions from other regulatory agencies.

Domestic foreign exchange speculators can apply for opening foreign exchange accounts through foreign exchange investment companies, as long as the foreign exchange trading platform is supervised, but be careful of some bad institutions. Also pay attention to the safety of funds. Foreign exchange speculative funds are deposited in third-party accounts, and foreign exchange investment account opening companies do not involve capital issues.