The standard hand is the conversion unit standard of gold and foreign exchange. The gold contract unit of the standard hand is 100 ounces, and one ounce is about 3 1. 1035 grams. The margin of the first-hand London gold standard hand is 1000 USD, and the leverage is 1-200 times. Foreign exchange transactions are bought and sold according to the standard of 1. What is the standard reserve price of 1? Different currencies have different values.

For example, GBP/USD, GBP is the local currency, and our standard lot is 100000 (65438+ million), while Euro/USD, the local currency is Euro, and the standard lot of 1 is 100000 Euro.

In foreign exchange margin, we often come into contact with leverage ratio, such as leverage ratio 1: 100. We can easily calculate that 100000 needs to be divided by 100, and 1000 needs to be used in local currency. If there are US dollars, they need to be converted into US dollars for settlement.

Foreign exchange dealers usually offer microtransactions of 0.0 1 lot, which can attract novices and investors with less capital.

The standard hand price of non-US dollar functional currency 1 fluctuates a little every time, which means that the price difference of 1 is the value of 10.

The currency whose local currency is USD needs to be converted into 1 point according to the market.