The foreign exchange market is the world's largest financial products market. By September 2007, the average daily trading volume reached 3.2 trillion US dollars, equivalent to 30 times the US securities market. The daily foreign exchange transaction refers to the foreign exchange transaction method of simultaneously buying one currency of a pair of currency pairs and selling another currency. The exchange rates of various currencies in the international market fluctuate frequently and are traded in the form of currency pairs, such as EUR/USD or USD/JPY.
Among the various investment projects, the fairest and most attractive people can be regarded as foreign exchange margin trading. Foreign exchange margin trading is where investors conduct foreign exchange transactions using a platform provided by a bank or a foreign exchange broker. Banks or brokers can generally provide more than 90% of the trusts. In other words, investors can conduct foreign exchange transactions with only about 10% of the funds (margin), and use the global synchronous foreign exchange market as the transaction data. This is a contract for the purchase and sale of foreign exchange through the principle of capital leverage, and paying a certain percentage of the trading margin, which can double the foreign exchange transaction. For example: You have $1,000 in a fund account, a forex broker offers a leverage of 1:200, and you have the ability to buy up to $200,000.
In the foreign exchange market, it is usually the simultaneous bid price and the selling price. The difference between the bid price and the ask price is called the spread.
Forex direct refers to the trading of the US dollar against other currencies. For example: EUR/USD, USD/JPY, GBP/USD. A crossover is a transaction between two non-US currencies. For example: EUR/GBP, EUR/JPY, GBP/JPY.
01 Large volume, high market transparency The daily average volume of the global foreign exchange market reached 3.2 trillion US dollars. There is no market maker in such a large market, and the foreign exchange investment objects are the national economy. The information and news are all on a global scale. Shared;
02 Leverage of flexibility, light and adjustable leverage ratio of transaction costs can effectively reduce transaction costs and improve capital utilization; 03 Two-way trading, the profit is not subject to market conditions, foreign exchange transactions can be long, can be short, regardless of the bear market bull market, as long as the market fluctuations have opportunities to profit; 04 T+0 trading, 24-hour market global 7x24 hours uninterrupted foreign exchange market, unlike stocks, foreign exchange is T+0 transactions, ready to buy and sell; 05 Risk controllable, preset stop loss and limit price points can help traders control losses or lock profit in a timely manner by setting stop loss and limit price points;
06 Trading is fast, real-time transactions do not have to wait in the normal market conditions, all orders can be instantly filled at the specified price or within the specified range.