1. Personal foreign exchange trading, also known as "foreign exchange treasure", refers to the business that banks directly convert one foreign exchange into another for domestic residents with reference to the exchange rate in the international foreign exchange market. In other words, individual customers conduct freely convertible foreign exchange (or foreign currency) transactions in banks. Personal foreign exchange transactions are generally divided into firm offer and false offer (margin).

Second, the account opening process:

1. Select an account bank:

Before entering "personal foreign exchange trading", choose the bank to open an account according to personal preference and enter the personal foreign exchange trading account.

2. Open an account and deposit it in foreign exchange:

I open a foreign exchange trading account in a bank with valid identification, sign a personal firm foreign exchange trading agreement, deposit foreign exchange, or transfer the existing cash account deposit to a bank that offers personal foreign exchange trading business; Handle the account opening procedures for online transactions and telephone entrusted transactions.

If over-the-counter transactions are used, there is no limit on the initial amount of accounts opened by Bank of China and Bank of Communications, while the initial amount of accounts opened by Industrial and Commercial Bank of China and China Construction Bank is 50 dollars. For telephone transactions, the starting amount for opening an account for Bank of Communications is USD 300 equivalent in foreign currency, and that for ICBC is USD 100 equivalent in foreign currency.

3. Determine the trading strategy and make the trading plan.

4. Establish daily sources of foreign exchange information.

Tips: Be cautious when investing, and beware of fake futures.