In China, foreign exchange speculation requires opening a foreign exchange trading account on a regular foreign exchange investment trading platform or opening a foreign exchange trading account in a bank. You need to bring your personal ID card and bank card to open an account. No matter which platform you choose, you need to provide relevant personal information according to the requirements of the platform. The platform will verify the trading authority of the account, and then you can conduct foreign exchange trading. It should be noted that there is also a risk of loss in foreign exchange investment, and investment needs to be cautious and avoid risks.

Foreign exchange trading mode

1. Recent transaction: foreign exchange delivery shall be conducted within two days after the transaction between the two parties;

2. Forward transaction: delivery is not made immediately after the transaction, but at the time agreed in the contract;

3. Arbitrage trading: use the exchange rate difference of different foreign currencies to buy low and sell high to earn income;

4. Arbitrage: using the interest rate difference between the two currencies to transfer funds for profit;

5. Swap transaction: the same foreign exchange transaction has different directions and different delivery dates, and can be combined to earn the difference;

6. Foreign exchange futures: targeting foreign exchange can avoid exchange rate risks;

7. Foreign exchange options: the buyer of foreign exchange options needs to pay the option fee, and the seller sells the currency to the buyer at the agreed exchange rate.