There are five commonly used foreign exchange currencies: British pound, Swiss franc, Canadian dollar, Australian dollar and euro. The starting point of foreign exchange trading in various accounts is the lowest 10 foreign currency, and the minimum increase unit is 1 foreign currency. The trading method is to buy first and then sell, that is, the customer buys the foreign exchange in the account first and then sells the foreign exchange in the buying account.
Remind investors that our personal account foreign exchange trading business implements T+0 trading, with unlimited daily trading times, no handling fee and tax-free income. The trading hours are from 7 am on Monday to 4 am on Saturday.
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Foreign exchange speculation platform can't get a legal license in China, so any business done in China is illegal. Some platforms are not registered abroad or have legal financial licenses, but it is illegal to engage in related business in China. In the event of financial disputes, domestic companies are probably only agents of foreign companies, and the procedure of suing foreign companies in China is complicated, which makes it very difficult for investors to protect their rights.
The target of foreign exchange speculation platform is the foreign exchange market. In terms of trend, there is no way to make big operations, but the platform often makes small adjustments for its own profit, and the adjustment of 1~5 bp (basis point) is basically unknown. For example, if the exchange rate falls, the quotation of the platform corresponding to the target will also fall, but for example, if it falls by 50 bp, the platform can only report a decline of 48 bp, which is hard to notice.
However, because such foreign exchange websites are often leveraged 50 times or even 200 times, it is equivalent to the maximum magnification of 200 times for customers, which has a great impact. The leverage of the foreign exchange platform itself is very high. Even if the company operates normally, it is a high-risk and high-yield investment for investors, and it is possible to fully compensate the principal. ?
People's Network-RMB can be used to speculate in foreign exchange.
People's Daily Online-After attracting customers to open accounts and speculate in foreign exchange for profit, the platform prohibits cash withdrawal.