Q: Recently, I saw someone posting on an online forum saying that doing futures with their company's mentor can earn a lot of money. Can I participate?
Answer: According to national regulations, only futures trading institutions approved by the China Securities Regulatory Commission can conduct futures trading. When engaging in brokerage business, futures trading institutions shall proactively remind investors of futures trading risks in accordance with regulations, and shall not provide profit guarantees to customers, nor shall they agree to share benefits or risks with customers. It is recommended that investors confirm whether the company has the qualification for futures business and whether the trading is a legitimate futures variety before participating in futures trading, and then carefully choose whether to participate.
Futures trading carries high risks and cannot be guaranteed without losses. Recently, some unscrupulous individuals have released information through QQ, online forums, and other platforms, claiming that futures trading "has small investment and high returns". As long as they follow the "teacher", they can "double their returns in a month". This is deceiving investors of money, so investors must be careful. Illegal individuals often use investors' mentality of "overnight wealth" to attract them to participate in illegal futures trading through exaggerated propaganda. If investors want to participate in futures trading, they should first have an understanding of the basic knowledge and business rules related to futures trading, and then trade futures varieties listed on legitimate futures exchanges through legitimate futures companies.
