False propaganda of brokerage OFX!In fact, there is no reliable!

There is only one purpose of false publicity or exaggerated publicity, that is, to attract customers to invest funds. When the number is large enough, the brokerage firms will be rolled away at one time, so everyone must be carefully judged.

Recently, Poison Tongue Jun surfed on the Internet to see a brokerage OFC, and the official website promoted that he was supervised by more than 50 regulatory agencies. So many regulatory brokerage Poison Tongjun was the first time.

There are only eight supervisors displayed on the official website of OFX. Isn't OFX promoted strict supervision by 50 regulatory agencies!IntersectionIs it a false propaganda?There are several mainstream regulators in the displayed regulatory agency.Then the poisonous tonguejun will come to investigate in -depth!

1. Australian licenses cannot be used for retail customers

Poisonous Tongue Jun found that OzForexlimited's license was indeed supervised by ASIC on the ASIC official website.There is no retail customer in the license authorization conditions, which is what we call retail investors, so this license is a transaction that does not regulate retail customers. Once this license is used for retail foreign exchange transactions, it is over -limited!The security of funds cannot be guaranteed.

The license authorization conditions must meet three points to be the ASIC full license regulatory platform:

1. MakeamarketForthefollowInancial

2.ForeignexchangeContracts (foreign exchange margin business)

3.DerivativeStoretaiLandWholesaleClients (allows wholesale and retail business)

2. The British license is not awarded a foreign exchange trading business

Poison Tongue found that UkForexlimited was indeed regulated by FCA on the FCA official website, but the license was supervised by the supervision business to issue electronic currencies and provide payment services.trade.Poison Tongjun believes that this license is estimated to be OFX as a vase.

3. Canadian license is a business for cash foreign exchange exchange

Poison Tongue found the license number M08560392 on the official website of FINTRAC in Canada.But please pay attention!The full name of the Canadian MSB license FINTRACMONEYSERVITESBUSINESS (FINTRACMSB). Generally, everyone is called an FTR or MSB card.

The MSB business authority is only a currency exchange business. It is a transaction that converts one currency to another (eg, exchanged for the dollar to Canada). It is a foreign exchange for cash currency exchange.EssenceForeign exchange margin business cannot be provided, authorized and regulatory authority without financial derivatives!

So remind everyone that when the broker said that when you accept Canadian supervision, you need to choose carefully. It is necessary to see what type of license is held by the broker, whether it is MSB or IIROC.

4. There is no regulatory information in the United States license

Poison Tongue Jun did not find USForexinc on the official website of the United States. This company's license information shows that OFX not only has not been regulated by the company, but the American license is very difficult to apply.OFX's publicity on the official website may confuse some investors. In fact, people with a little foreign exchange knowledge will know that this must be false.

5. The harm of self -developed software

Poison Tongue Jun also discovered OFX's self -developed trading software and did not use MT4 transactions. This kind of self -developed trading software has harm the poison tongue king has said many times.

1 The funds are not safe, and it is easy to change the information, data, and the platform you want you to see from the background to see what you can see.

2 Platforms can be manipulating frequently in the manipulation market, making you more and more loss.

3 Profit money will become difficult, and the platform can specify all kinds of gold rules to make you unable to make money.

Poison Tongue Jun reminds everyone to choose a regular trading platform, and stay away from the self -developed trading platform to avoid unnecessary losses.

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