Is there a commission for foreign exchange recharge? at present
There is a commission for foreign exchange recharge. According to relevant public information, as of April 19, 2023, ECN trading platform in foreign exchange recharge will always charge a small commission. Because of the characteristics of ECN, it is difficult to increase the price difference, so only commission is used as compensation. Foreign exchange, called Foreigncurrency in English, is a creditor's right held by monetary authorities (central bank, monetary management institution, foreign exchange stabilization fund and Ministry of Finance) in the form of bank deposits, treasury bonds and long-term and short-term government securities. Can be used when the balance of payments is in deficit.