Foreign exchange custody means that traders who have insufficient time or low income entrust their foreign exchange accounts to professional companies or professional analysts for custody. In return, the trustee gets a share of the profits. For those who do not have the time or experience to make their own trading decisions, escrow accounts are usually the first choice. Professional things need professional people to do, and the technical team will unify the trading profits.
Foreign exchange investment and financial planning:
The basic contents of foreign exchange financial planning are as follows:
1. Determine personal foreign exchange financial management goals.
2. Choose foreign exchange wealth management products
Note: Foreign exchange custody financing takes the concept of asset management, but remember to keep your own evidence in the corresponding procedures. After all, foreign exchange is a gray area in China.
Preventing foreign exchange fraud requires strengthening global supervision;
Finance plays an increasingly important role in economic activities. Benign financial instruments and healthy financial markets play an important role in guiding social capital flow, optimizing resource allocation and promoting economic development.
In view of this, finance has long been a hot topic in public opinion, but it has also been coveted by lawless elements, profiting from it through criminal means, posing a serious threat to social wealth security and fiscal and taxation order.
As far as foreign exchange fraud is concerned, in fact, most fraud institutions use Ponzi scheme, that is, pyramid scheme. The difference is that it has put on a new coat and created a new gimmick to make it appear again.
Of course, there are some "dirty" foreign exchange platforms. Although it is not a Ponzi scheme, it has irresponsibly caused great losses to investors. It is still the blind spot of investors or consumers' knowledge about relevant laws, regulations and industries, as well as the greed of taking a shortcut to get rich overnight with an impetuous heart.
Therefore, how to crack down on all kinds of foreign exchange fraud quickly and severely and establish a set of practical preventive measures as soon as possible is one of the urgent problems to be solved by all countries in the world.
In the long run, every country can consider adopting an approach similar to the recent emergency suspension of initial token financing (ICO). The existence of "token issuance financing", including virtual currency financing, has built an illegal financial market for asset transfer and financing outside legal tender, which has increased the difficulty for regulatory authorities to manage financial security and stability, and fostered regulatory arbitrage and financial crimes.
The risks it brings to the financial market and social security risks are far higher than its innovative value.
How to effectively prevent all kinds of foreign exchange fraud and not "kill" the formal firm foreign exchange platform? Due to different national conditions, each country has different ways to deal with foreign exchange fraud. But the basic starting point is to protect the legitimate interests of investors and encourage fair competition and legal operation. We can refer to international practices and find anti-fraud measures that are in line with national conditions and acceptable to the whole society.
Take Australia as an example, Australia has no specific laws and regulations related to pyramid schemes, but why can it control and stifle the spread of illegal pyramid schemes to a great extent?
Simply put, Australia can treat both the symptoms and the root causes. From the source, the whole society should establish a coordination mechanism to ensure the smooth exchange of information, publish relevant cases and punishment structures in time, strive to standardize relevant provisions, and improve the applicability and pertinence of the law.
At the same time, the practical experience of Australian behavior supervision can also provide a good reference for countries to emphasize the optimization of behavior supervision framework in financial supervision reform.