There are very few people who truly engage in trading and reliable platforms. It's fate that these two met and got to know each other. For platforms, they usually choose those big platforms. If you're not sure what a big platform is, you can usually look at the platform's sponsorship and cooperation. The larger the partner, the more reliable the platform is!
Choose a more stable and reliable company with authoritative supervision from international institutions, such as FCA in the UK, ASIC in Australia, FSCA in South Africa, among which FCA is the strictest and most trusted by investors!
Brokers regulated by these institutions must comply with a series of industry rules, and client funds must be kept in isolation from company funds. Once the company goes bankrupt, the isolated client funds cannot be used as company assets.
After requesting the account opening link and filling in personal information, submit the account opening application. The platform will review the information and inform the applicant via email. After injecting sufficient funds, trading can begin.Spot gold quotation; The margin for trading 1 lot on 1923.69 is 961 US dollars, and the minimum margin for trading 1 lot is 9.61 US dollars. The standard contract is 100 ounces, and the leverage is 200 times, with a fluctuation of 1 US dollar
Euro/USD quotation; The margin for trading 1 lot at 1.07787 is $269, and the minimum margin for trading 1 lot is $2.69. The profit and loss after fluctuations is $1. Euro/USD specifications: standard contract of 100000, leverage of 400 times, minimum quote quantity of 0.00001.
The above is the answer about foreign exchange and gold. I hope it can help you. Treat each other with sincerity and if you are the one, please be the one! Distinguish between genuine and fake, good and bad platforms, avoid being deceived, and enrich trading knowledge * You can add me on WeChat ^ _ ^
Kind reminder: Investment carries risks, so choose with caution.After reading the introduction of "Is it legal to speculate in foreign exchange and gold" in the above content, everyone should have a clear understanding. I hope it is helpful to everyone. If you want to learn more about the legality of trading foreign exchange and gold, please stay tuned to Dawang Finance website. We will provide you with professional answers and assistance.