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Lingfeng Precious Metals: Behind Unregulated Platf

2023-09-13 15:32

Summary:In the recent Aihui customer complaint, Lingfeng Precious Metals has been repeatedly mentioned by traders. This "unregulated" Hong Kong platform has been constantly complaining, whether it is malicious accusations or its own problems, Aihui Jun said today for everyone.

In the recent Aihui customer complaint, Lingfeng Precious Metals has been repeatedly mentioned by traders. This unregulated Hong Kong platform has been constantly complaining, whether it is maliciously accused or has its own problems, Aihui Jun said today for everyone.

Aihui instance

1. Inducing account opening with gift money, resulting in significant losses and account cancellation

According to Mr. Li, an investor, he was tempted by the excessive injection of funds and gifts from igold. He opened an account on igold and merged it into gold trading. However, shortly after, he encountered a serious platform slippage, resulting in a loss of over 15000 US dollars (equivalent to over 100000 RMB).

After the incident, Mr. Li quickly reported to the customer service department and claimed that the backend operation was behind the scenes, but it was okay without feedback. As soon as he received feedback, his account was cancelled.

Please stay away from the platform where users can be deregistered at will. Before making a profit, almost every day I called to urge them to deposit more in order to enjoy more promotional activities. If there are serious losses for customers, I will find reasons to deregister my account. This is clearly like cutting leeks one after another. Mr. Li said.

According to Ai Huijun's observation, in the exposure case of Lingfeng Precious Metal, several investors have reasonably stated that they have been in a loss during their trading on the platform of Lingfeng Precious Metal, and have raised reasonable doubts and doubts with platform customer service regarding the loss. The ultimate result is that the account is banned, which is also a basic attitude of Lingfeng Precious Metal in handling such incidents.

2. Serious sliding points of Lingfeng precious metal igold

Recently, there has been user feedback that Lingfeng Precious Metal's igold has serious slip points, making it easy to get stuck when placing orders. The stop loss point has a large slip point, with one order missing $10, resulting in a customer loss of 3600 yuan.

In the market environment, black platforms mostly use methods such as investors lacking professional platform identification ability, or using low investment and high returns to attract users, in order to deceive investors. Investors should be cautious about such tactics.

Many investors have also discovered in Lingfeng Precious Metals that, in addition to serious slip points, malicious positions, card orders, high trading positions, and inability to trade, etc. Don't think these problems are harmless, as many black platforms have experienced similar problems before running away.

3. No valid regulatory license

The frequent thunderstorms on precious metal platforms in Hong Kong are a well-known fact in the industry. The first reason for this is that they hold regulatory licenses for the Hong Kong gold and silver trading market, which have no regulatory effect and have no restrictions on the platform. There is no guarantee for users.

As we all know, the Hong Kong Gold and Silver Trade Fair is an industry association, and as a general non-profit structure, the main operating expenses of the industry association come from its members. So, when there is a conflict of interest between members and investors, the direction of the association balance has already been decided. Investors who want to invest in Hong Kong precious metal trading platforms must understand this relationship and the potential risks it may bring before investing. It is recommended to find a regulated platform for investment and trading to ensure property safety.

Source:Aihuicha

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