How is the PBFX platform safe?

The thinkmarkets Zhihui scamPBFX platform is a company that provides online trading services for financial derivatives, with a focus on stock indices, funds, insurance, commodities, CFDs and forex margin trading. According to the search results, PBFX had offices and agency operations in six major countries including New Zealand, China, Malaysia, Thailand, Indonesia, Vietnam and Singapore at the end of 2017. The company holds an investment advisory licence from the Australian Securities and Investments Commission(licence number: 269820). 

In terms of financial regulation, in recent years, China has tightened the regulation of the financial business of online platform enterprises, requiring financial activities to be fully included in the regulation, financial business must be licensed, and insisting on ‘zero-tolerance’ for illegal financial activities. In addition, the financial management authorities have already rectified some of the illegal and irregular issues in the financial business of some platform companies and transferred them to normalised supervision. 

Regarding the safety of the PBFX platform, investors should be cautious when choosing a financial services platform as financial investment itself carries a certain degree of risk. It is recommended that investors consider the following points when choosing a platform:

1. Whether the platform is regulated by relevant financial regulators and holds a legitimate financial licence.

2. the operating history and market reputation of the platform and whether it has any adverse records.

3. whether the financial products and services provided by the platform are transparent and whether there is detailed risk disclosure.

4. whether the platform's customer service and technical support are sound.

Investors should conduct adequate investigation and assessment based on their risk tolerance and investment objectives, and consider consulting professional financial advisors. At the same time, keep an eye on the dynamics of financial regulation in order to keep abreast of the impact of relevant policy changes on investment.

Before trading, please check the broker in the FTI app; if you encounter any problems, you can file a complaint for help.

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