The platform, with high trading cost, is out of regulation. Some company sent recruitment information to invite clients for training, giving an illusion of profiting. Then, with the excuse of joining the company, it inveigled clients to deposit fund for trading, with $20 per lot and a ultrahigh spread. It was impossible to make profit by day trading with such high spread, resulting in all losses. The source of staff’s salary came from trading handling fee. My nephew has been scammed of hundreds thousands of fund. Hope these phony companies be cracked down sooner.