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On foreign exchange trading of bank deposits in China.
At present, the foreign exchange margin business has not been fully opened in China. However, at present, the state does not interfere with citizens' overseas investment, so at present, foreign mainstream platforms generally find agents in China to do customer development and service for them. Being a foreign mainstream platform has great advantages: the spread is small (generally 3-5 times) and the leverage is large (50-400 times). The minimum amount for opening an account is 250 or 500 dollars.

There are also banks in China making foreign exchange deposits, but it seems that the Bank of China has not done so yet. You may be talking about a definite foreign exchange quotation. Domestic banks have just started to do foreign exchange, which is still not perfect. The spread is around 10- 15, the leverage is about 30 times smaller, and the deposit threshold is relatively high, which is generally not suitable for small funds. I suggest you choose foreign mainstream platforms to operate.

To do foreign exchange, we must first choose a formal mainstream platform. Considering the safety of funds, you should choose a supervised platform. The supervision of NFA and CFTC in the United States or the supervision of the Financial Supervisory Authority in the United Kingdom is the strictest. If you don't understand, you can be specific.

To open an account on a foreign platform, you usually open an account through a foreign main station or a domestic agent, as long as you submit relevant certification materials and applications online. There is no charge for opening an account. Generally, the minimum foreign deposit is $250, and the spread is generally 2-5.

Novice words give you some advice:

1 The mainstream platform should be selected.

Basic knowledge is a must. I suggest reading the book Introduction to Foreign Exchange Speculation edited by Wang Zujian.

You'd better choose a good agent without any commission.

4 Stop loss should be set when trading, and positions should be controlled.

Keep a good attitude and make a profit.