Advantages: low cost, and the foreign exchange transaction cost can be very low. In fact, there is almost no handling fee. Suitable for all kinds of trading modes: the foreign exchange market runs all day, and traders can choose convenient time periods to trade. High liquidity: the trading group is huge and the trading volume is large. Without the management of the central exchange, the foreign exchange market is an over-the-counter market, so there is no central exchange or regulatory agency. This is a decentralized and unregulated operation mode, which can help the foreign exchange market effectively avoid any sudden impact. Foreign exchange trading is also real-time and can be traded at any time 24 hours a day. Disadvantages: high risk and high leverage: high leverage can be used in foreign exchange transactions, which means that the profit and loss of traders can be amplified several times. There are many things you need to learn independently: limited knowledge of foreign exchange trading and unreasonable trading have caused many losses, which requires traders to have certain professional knowledge and trading experience. Lack of transparency and complicated pricing process. Need to learn a lot of professional knowledge, strengthen the training of operating experience, familiar with market operation. Cultivate good psychological quality.

Foreign exchange transaction is the exchange of one country's currency with another. Different from other financial markets, the foreign exchange market has no specific location and no central exchange, but transactions between banks, enterprises and individuals through electronic networks. Foreign exchange trading is to buy one currency in a pair of currency combinations at the same time and sell the other currency. Foreign exchange is traded in pairs.