(1) Spot foreign exchange transaction refers to the foreign exchange transaction mode in which both parties agree to handle the delivery within two working days after the transaction;
(2) Forward transactions, that is, foreign exchange transactions that are not delivered after the transaction and are delivered at the time agreed in the contract;
(3) Arbitrage, using different foreign exchange markets, different currencies, different delivery times and the differences in exchange rates and interest rates of some currencies to buy from the low-priced end and sell from the high-priced end to earn profits;
(4) Arbitrage trading, which uses the spread between the two countries' currency markets to transfer funds from one market to another and earn profits;
(5) Swap transaction, which combines two or more foreign exchange transactions with the same currency but opposite trading directions and different delivery dates;
(6) Foreign exchange futures, futures contracts with exchange rate as the subject matter, are used to avoid exchange rate risks;
(7) In foreign exchange option trading, the option buyer obtains a right after paying the corresponding option fee to the option seller.
2. Legal basis: Article 45 of the Regulations of People's Republic of China (PRC) on Foreign Exchange Control.
Buying and selling foreign exchange without permission, buying and selling foreign exchange in disguised form, buying and selling foreign exchange in reverse, or illegally introducing and selling foreign exchange in a large amount, shall be given a warning by the foreign exchange administration organs, the illegal income shall be confiscated, and a fine of less than 30% of the illegal amount shall be imposed; If the circumstances are serious, a fine of not less than 30% of the illegal amount but not more than the equivalent value shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law.
Second, how to buy foreign exchange
Foreign exchange can be purchased through foreign exchange and foreign exchange speculation. Foreign currency exchange means that users use their own convertible currency to exchange at domestic bank outlets; Speculation in foreign exchange refers to a user signing a contract with a bank to open a trust investment account, deposits received, which is an investment behavior with risks and may cause losses to personal property.