Simply put, just a few words.
What is the transaction leverage and transaction cost of China Bank's two-way foreign exchange treasure and two-way Huang Jinbao?
-To trade 1 ounce of gold, the leverage of China banks is generally 12 times, and a deposit of 1 140 dollars is required, and the transaction cost is about 34 to 40 dollars.
The more formal platform trading in the UK is 1 ounce of gold, with leverage of 200 times, margin of $4 and transaction cost of $0.50.
By comparison, we can know why most inexperienced investors don't trade foreign exchange gold in banks, although all major banks have foreign exchange gold business.
I don't want banks to take 30-40% of profits in the form of spreads and service fees for nothing. This is outrageous.
However, China people do not have many channels for foreign investment. Although Britain's FSA supervision platform is world-famous, people in China are learning slowly, and only people who eat crabs can make money.
If the novice is interested, the best way is not to invest first, but to apply for a simulation study and give it a try.
Slowly, I understood the difference.