What if you can’t pay out?
It is inevitable that this will happen. I hope you can know the common situation of not being able to issue gold, so that you will not be put off by various excuses from trading platforms and miss some of the best opportunities to protect your rights.
Before starting to do real trading, it is necessary to find a reliable trading platform and collect a certain margin.
Deposit is the process by which foreign exchange investors put money into their trading platform accounts.
Gold withdrawal refers to the process of withdrawing funds from the trading platform. Common methods of gold transfer include bank money transfer (including bank telegraphic transfer, online banking, UnionPay remittance) credit card money transfer, paypal, Skrill and other professional systems, and post office money transfer.
Under normal circumstances, the trading platform will require investors to bind a bank card, the bank card will be basically used in the future for gold.
There is no charge for credit card entry.
Bank wire transfers are cheaper but more cumbersome.
Western Union costs more.
The post office can only deposit 2000 at a time, and there is a service charge for each order.
Commonly used way of giving gold is, HOW TO ENTER GOLD GENERALLY how to give GOLD, for example, the bank into gold is also a bank to give gold.
Payment time of 1-3 working days is preferred.
In addition, we should be wary of the small number of gold.
For example, there is no evidence of remittance in the private account provided to you by the dealer.
The common situation of not being able to withdraw funds is that the default bound bank account information is entered incorrectly due to the incorrect account information, or the gold account is not the same account.
Repeat the above steps to verify.
Some trading platforms require investors to hold no less than 80 percent margin if they still hold a position.
There may be other terms and conditions that need to be clarified before cooperation.
There are also situations where payment cannot be made on holidays, so investors should understand the regulations of the platform before choosing a dealer platform, including the rules, whether there is a limit on the amount of money they can withdraw, and the time limit.
In case of special circumstances such as upgrading the platform system, generally speaking, a reliable platform will inform you in advance that when you open an account, you participate in the platform’s donation activity, and the total amount of the donation cannot occupy the portion of the gift.
If the bank does not pass the acceptance audit, the bank custodian will accept the deposit and withdrawal operation, any party to the error, the bank will not pass the audit.
Or the bank for deposit and withdrawal business speed problem, there is a queue phenomenon.
If you hit a peak, the outflow will slow down.
There are many black platforms exposed can not be gold, such as pton, foreign exchange strength, win wide finance and economics.
Of course, much remains unexposed and may be expanding like crazy.
We should always be vigilant.
Especially for domestic platforms, it is also illegal for domestic companies to engage in business.
Generally speaking, after choosing a trading platform, you can first conduct a small deposit test and get familiar with the process and rules.
However, if it had been a more experienced black platform, initial deposits and withdrawals would have gone very smoothly.
What to do when you can’t pay out Find out why you can’t pay out and take different actions depending on the situation.
First, find your own reasons.
If not, it’s probably the platform.
Secondly, you can contact the customer service of the trading platform to inquire about the situation.
If the customer service has been saying some perfunctory words, it may be a black platform.
If a black platform is suspected, contact the platform’s regulator first.
If it is a higher regulator, specific solutions should be given.
You can always get some of your money back.
The sooner you find regulators and other relevant authorities, the more likely you are to be compensated.
At present, the common method is to pool the power of rights defenders, collect evidence, and then seek assistance from some legal institutions or Chinese embassies abroad.
Note that if you do encounter a black platform and you have less money, you are out of luck.
Because it may take more money to get the capital back than to get the capital back, it’s not worth it.
We also see many so-called “lawyers” or “victims” trying to gather everyone, protect their rights and charge investors for their services.
Don’t be impulsive because of the anger of the moment, you need to be rational at all times.
Having said all this, I believe you can easily find that the most important thing is to find a reliable dealer platform at the beginning.
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