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China Bans Popular FX Broker Services

... Firewall” safe and minimize foreign influence on the country. “Internet service exchange finance” platforms are considered as risky for the stable system of **Chinese financial services**. What does this **ban** bring to the professional **brokerage services**? In China, there is a special profession as introducing brokers. They are a formal bridge between Chinese closed economy and inte...

Path: Blog
How Brokers in China Feel After the Website Blocks

...cement, foreign trading platforms providing services to Chinese citizens are outlaw and they have to be shut down. On the contrary, the financial experts claim that this announcement is a fiction and has no real legal basis for now. This is why most brokerage services changed certificate options and restored access to platforms within hours after bans. Unfortunately, it is not a panacea and mos...

Path: Blog