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Will off-site funds be unreliable?
When it comes to funds, we have to mention an external fund custody problem. Under the fund custody mode, the custodian has the obligation to monitor the flow of funds, conduct transactions according to instructions, and issue custody reports regularly to prove that funds have not been misappropriated. If it is only a depository institution, the depository institution does not have the above obligations, and the platform can still freely control the funds as long as it opens an account with the depository institution; This can not isolate the funds of foreign exchange platforms, nor can it protect investors.

So how do you see if there is any third-party custody of funds? First of all, the current regulatory requirements for external funds are 100% isolation. For more than ten years, FCA in Britain, NFA in the United States and Australia and Asia (with exceptions) have all been fully licensed by FCA. Under the supervision of NFA, there is no problem with the funds of platform suppliers. However, it should be noted that FCA supervision is divided into four levels, and only FCA full license supervision can ensure the safety of your funds 100%!

It is not that the funds of the outer disk platform are safe, nor that the funds of the outer disk platform are unsafe. The key is to choose a formal supervision platform! You can go to Baidu search and say,' What is the supervision of the international market?