It is illegal.

According to the "Risk Alert Letter on Internet-related Foreign Exchange Businesses" it is clearly stated that "the establishment of network speculation platforms are illegal, the financial regulatory authorities have never approved, network speculation is not protected by law."

Domestic and foreign institutions without the approval of China's financial regulators, through the Internet site, mobile communication terminals, application software and other types of network platforms engaged in foreign exchange and other products trading (including cross-border), are illegal.

Extended information:

The financial regulators monitor and find that unauthorized network foreign exchange margin trading and other activities in the community are becoming increasingly rampant, and the risk is very high, and there are even individual The company is suspected of fraudulent use of foreign exchange administrative license through the Internet to engage in illegal fund-raising and fraudulent activities.

Shanghai Fukubukaiye Marketing Planning Co., Ltd., on its website will be trade in goods foreign exchange income and expenditure directory licensing matters blatantly false propaganda for legitimate "foreign exchange trading financial platform", seriously misleading investors into the market.

People's Daily News - Network speculation in foreign exchange is not even a legal