1. Foreign exchange firm offer: Generally, I open an account in a bank, such as China Merchants Bank or ICBC. I personally have accounts in China Merchants Bank and ICBC at present. A firm offer is characterized by relatively small risk and income, and slightly higher transaction cost (spread), generally 10 ~ 30 points. If the operation is good, the annual income is generally 5% ~ 10%. Small funds may have limited returns. Steps for opening an account: apply for opening a foreign exchange account at the bank counter, then purchase foreign exchange and deposit it in the account, sign a foreign exchange transaction agreement with the bank, apply for opening an online bank, and then log on to the bank's website with your personal computer at home and enter the online bank for trading.
2. Foreign exchange deposit: Generally, you can apply for opening an account through a domestic foreign exchange broker or directly to the website of a foreign-invested company. The risks and benefits of margin trading vary greatly according to the size of established positions. At present, I generally operate with a relatively stable leverage of 5 ~ 10 times, with an average annual income of 100%. The general spread is 3 ~ 10. Disadvantages: it requires high capital management of operators and is unable to resist after making mistakes.