(1) Over-the-counter transactions: Customers can go to the bank counter to handle transactions. The specific process is as follows:

1. The customer receives the personal foreign exchange trading application form or power of attorney at the counter, fills it out according to the requirements in the form (generally fill in the type, amount, approved quotation and signature of the foreign currency to be bought and sold), along with his or her signature Submit your ID card, passbook or cash to the counter clerk for review and counting.

2. The handler will check if it is correct (if it is a deposit receipt, full withdrawal or partial withdrawal will be made, and the transaction slip will be printed) and the foreign exchange transaction certificate or confirmation slip will be handed over to the customer for confirmation. The transaction exchange rate shall be based on the exchange rate on the confirmation slip.

3. After the customer confirms and signs, the transaction is concluded. The transaction cannot be undone after it is completed.

4. After the verification by the reviewer is correct, the handler will hand over the confirmation letter, ID card and the customer's bankbook or cash to the customer.

(2) Telephone transactions: Customers complete buying and selling transactions through audio calls or mobile phones without going to the bank counter.

1. Customers must first go to the bank with their ID cards to open a special passbook for personal foreign exchange trading over the phone and reserve a password.

2. Before conducting phone transactions, customers must first receive telephone entrustment transactions. According to the procedures and operating instructions, submit the completed telephone transaction application form (or power of attorney), ID card, and foreign currency passbook to the counter, and set a special password for telephone entrustment transactions (the password can be different from the passbook password).

3. Conduct transactions in accordance with the transaction procedures of each bank.

4. After the telephone transaction is completed, the customer can inquire and confirm by phone or fax. The transaction cannot be reversed after the transaction is completed.

Foreign exchange is a repetitive process of buying low and selling high, but you need to grasp the time when repeating this process. Foreign exchange is more suitable for short-term trading. Generally, the stop loss is 30 points and the profit stop is 50 points. For novices, this operation method is more suitable. If you insist on doing this order for a long time, even if there is only half a probability of being correct, it will still be profitable. Of course, this is under the premise of controlling the position. Foreign exchange is similar to other investment tools, but it also has its own laws, methods and rules: control positions, set stop losses, follow the trend, and keep the flow steady. There are five trading methods for you to choose from in personal foreign exchange trading business, namely over-the-counter trading, self-service terminal trading, telephone trading, online trading and mobile phone trading. Personal foreign exchange trading business can be opened at any foreign exchange deposit and redemption outlet. Foreign exchange trading is a financial transaction that is based on the daily fluctuations in currency exchange rates of different countries and earns the price difference. At present, foreign exchange speculation is mainly foreign exchange margin trading, which is more flexible. Simply put, the threshold for foreign exchange margin trading is very low, as long as you have 500 US dollars, which is about 3,500 yuan. You can adjust your transactions with the rise and fall of the entire foreign exchange market. All funds are accumulated from small to large, which requires a healthy and good investment mentality. Suppose you follow my advice and decide to invest 3,500 yuan in foreign exchange trading. Let’s analyze what problems you face and what worries you have. Let me answer them one by one for you. First, what are the advantages of foreign exchange investment? Second, how to judge whether an investment company is formal? Third, how to ensure that every penny you invest is safe and protected from being cheated? Fourth, how to open an investment account? Fifth, how to operate foreign exchange investment to achieve profits? First: First, compare industrial and financial investments. It is difficult to invest in industry now. The country has overcapacity and products are unsaleable. So many people have adjusted their direction to financial investment, and foreign exchange investment is a type of financial investment. Financial investments carry risks but have high returns. Only those who dare to take risks can achieve great rewards. This is the belief of Wenzhou people. I also hope that successful Wenzhou people can become role models for everyone to learn from, and that the faith and courage of Wenzhou people can also become the faith and courage of each of us. When investing in foreign exchange, you don't have to worry about whether the foreign exchange market will be affected by the troubles made by an individual, a certain group or even a certain country. The entire foreign exchange market is a global overall market. Any person or group who wants to interfere and manipulate the foreign exchange market is like an ant stirring up the sea. No country with a sound system will make fun of its own currency. Therefore, the rise and fall of the foreign exchange market is only affected by the comprehensive impact of the global economy, and will not be affected by a single individual or event. When it comes to financial investment, everyone knows about stocks, but stocks can only be bought up and not down, but foreign exchange is different. You can buy at a low price and sell at a high price when it rises, sell at a high price and buy at a low price when it falls, and earn the difference in price, which greatly enriches our investment routine. The opening and closing times of stocks are the time when everyone goes to and from work. Therefore, you may not have much energy to pay attention to the stock market and cannot seize profit opportunities that are beneficial to you. But foreign exchange is different. It is a global 24-hour uninterrupted market. When domestic night falls, it is daytime in the United States and Europe. Only on weekends, the stock market is closed for two days. It is this uninterrupted 24 hours that allows you to create the maximum wealth in your limited time as you wish. Second: The formality of a foreign exchange investment company depends on whether the foreign exchange dealer behind it is formal. How to judge? Now a formal foreign exchange dealer must be supervised by the Financial Institutions Association, just like the domestic stock market is supervised by the China Securities Regulatory Commission to ensure the safety and interests of every investor's funds.

So who regulates foreign exchange? Since the domestic government has not yet fully opened up the foreign exchange market, the domestic market is considered quite mature. This is mainly due to the contribution of foreign traders. At present, the foreign exchange market is mainly regulated by foreign authoritative institutions. The NFA (National Futures Association) in the United States, the CFTC (Commodity Futures Trading Commission) in the United States, and the FSA (Financial Services Authority) in the United Kingdom are the most important regulatory units. The UK is currently the country with the most complete and sound financial services in the world, and it strictly supervises all financial service institutions registered in its territory through the Financial Services Authority (FSA). Domestic banks setting up subsidiaries and domestic and international banks in the UK this year will also need to submit applications to the UK Financial Services Authority (FSA) and be allowed to register and conduct business after approval. If the investment company you come into contact with is supervised by one or more of the above three regulatory agencies, then congratulations, your funds are safe and there is no problem with the investment company you chose. Third: The main responsibility of a foreign exchange investment consulting company is to help you recommend excellent foreign exchange traders. They are just a service provider that plays an intermediary role. If you recognize and choose a trader, then the investment company’s work is completed. , it plays a transitional role. Even if the investment company where you open an account goes bankrupt one day, your funds are guaranteed, because after opening an account, your funds enter the regulated foreign exchange dealer platform. As long as He is regulated and you can claim back all your profit money. Fourth: Opening an account is very simple: 1. Application for account opening, 2. Fill in the information form 3. Proof of identity and personal signature to ensure real name to real name, ID card information is unique, and only I can deposit and withdraw money. Fifth: Everything is difficult at the beginning, especially if you want to make money. The next thing you have to do is try your hand at the foreign exchange trading platform. The foreign exchange trading prices we provide fluctuate with global prices and are updated very quickly, which will help you grasp the market situation in a timely manner. Since you may be a novice, we have specially provided you with a demo account, which can be used for 30 days. These 30 days are enough for you to adapt slowly, and during this period Baxter will help you one-on-one, including what you want to do. You transmit our internal foreign exchange operation learning materials. No fees are charged. If you have any questions at the same time, you can consult me ??at any time. For experienced foreign exchange investment customers, I can introduce to you the advantages of the Baxter platform: 1. The MT4 platform is stable, easy to use and easy to operate, without network instability, and can buy, sell and close positions in a timely manner. 2. The deposit threshold is low. It only costs 500 US dollars to make a mini contract, which is less than 3500 RMB. 3. Low transaction costs, EURUSD spread 2. GBP/USD spread 3. No floating spreads, and the lowest spreads are maintained, without any commission. 4. There is a 10% bonus. Sixth: When your account makes a profit and you want to withdraw cash, you can submit a withdrawal application to the company and withdraw the funds at any time. When opening an account and making deposits and withdrawals, some bank handling fees are required. We can explain this clearly to you

Foreign exchange is a monetary administrative authority (central bank, monetary management agency, foreign exchange stabilization fund and The Ministry of Finance) holds claims in the form of bank deposits, Treasury bills, long-term and short-term government securities, etc. that can be used when the balance of payments is in deficit.

Including foreign currency, foreign currency deposits, foreign currency securities (government bonds, treasury bills, corporate bonds, stocks, etc.), foreign currency payment certificates (bills, bank deposit certificates, postal savings certificates, etc.).

As of 2015, China ranks first in the foreign exchange reserves of governments around the world. However, the United States, Japan, Germany and other countries have large private foreign exchange reserves, and the country's overall foreign exchange reserves are much higher than those of China.