1. Choose a good bank account. Individuals should choose a good bank to open an account before buying and selling personal foreign exchange.
2. Open an account and deposit foreign exchange. Individuals hold valid identity documents to open foreign exchange trading accounts in banks and sign personal firm foreign exchange trading agreements.
3. Determine your strategy of foreign exchange and make a good foreign exchange trading plan.
In addition, investors can also choose some formal foreign exchange platforms to open accounts and conduct foreign exchange transactions.
Precautions for individuals to purchase foreign exchange:
For novice traders, the most urgent thing is to find the right trading strategy/skill. We will provide you with such information below, but before that, please remember that even if foreign exchange trading feels simple, as a trader, you still need to invest a lot of energy and time to understand the market before you can find your own trading method. The most important thing as a trader is perseverance, determination and discipline. Please also remember that strategy is the key to trading and the cornerstone of success.