The most active and liquid financial market in the world.
The global foreign exchange trading day circulation is estimated to exceed $65,438 +0.8 trillion.
London is a foreign exchange trading center.
Half of the total global trading volume is in London's domestic market.
24-hour transaction
One of the biggest benefits of trading foreign exchange is the opportunity to trade 24 hours a day. This enables traders to respond to market activities and take advantage of them at any time.
Large liquidity and frequent fluctuations.
The daily trading volume of nearly 2 trillion US dollars in the foreign exchange market, as well as millions of participants and trading volume every day, always have the opportunity to enter and leave the market at transparent pricing.
Use all markets to operate.
With foreign exchange trading, the market continues to operate, so there are always trading opportunities, no matter whether one currency is stronger or weaker than another. Therefore, traders can trade in the short and long term.
Trading rules/trading rules
A. Price restrictions
There is no price limit for foreign exchange transactions.
B. Calculation of profit and loss
Profits and losses in currency (both floating and realized profits/losses are converted into US dollars):
(1) USD/JPY, USD/CHF, USD/CAD.
(selling price-buying price) * contract face value * contract quantity = profit and loss denominated in USD.
Dollar-denominated gains and losses: (2)
Euro/USD, GBPUSD, AUD/USD
(selling price-buying price) * contract face value * contract quantity = profit and loss denominated in USD.
* The above calculation process does not include commission fees.
C. Freight rate calculation
Interest calculation: (1)
USD/JPY, USD/CHF, USD/CAD.
{[(opening price * contract face value * contract quantity * interest rate) ]/360}* days = USD interest.
Interest calculation: (2)
Euro/USD, GBPUSD, AUD/USD
[(opening price * contract face value * contract quantity * interest rate) /360]* days = US dollar interest.
Fund custody fee: (3)
Custody Rate * Custody Days * Contract Number = Fund Custody Fee
Example:
Currency pair is one of the most frequently traded products in the world. Does this product suit you? Please look at the following examples to understand how to profit from exchange rate fluctuations.
On May 6th, the pound rose from 1.4992 to 1.5 1.2 1.
If the customer who opened the master account made the following transactions:
Product: GBP against USD
Transaction scale:100000.
Basis point value: 10 USD
Venture capital: $500
Purchase price: 1.5000
Closing price: 1.5 1 15
Price difference: (1.5115–1.5000) = 0.01/5.
The profit of this transaction is 1 15 points.
1 15 * 10 USD = 1, 150 USD.
* Profit: 1, 150 USD.
* The customer's initial investment of $500 earned a profit of $65,438+$0,500, and realized a profit of over 200%. On the other hand, if the customer chooses to sell instead of buying, the customer will only lose $500 instead of $65,438+0,65,438+050, because the unique "venture capital" function of Daqi Financial Group shields him from the risk of further losses.