Foreign exchange trading is the largest financial market in the world, which develops relatively late, but its speed is strong, far exceeding the sum of financial markets such as stocks and futures. The daily trading volume reaches 1.3 trillion US dollars, which is equivalent to the global stock market for half a year, with unlimited prospects. Moreover, the foreign exchange environment is pure, and the currency is controlled by the state, unlike stocks. As long as big consortia engage in it, or predators sneeze, the stock market can be bloody. Foreign exchange is a state. ...
In addition, foreign exchange is a good financial choice because of its high returns and controllable risks. In the past, the conditions for the development of the foreign exchange market were not available. With the popularity of the Internet, foreign exchange transactions have developed rapidly, and China also has the conditions for all-round development.
Now how to enter the foreign exchange market. First, foreign exchange transactions are divided into firm trading and margin trading.
First, firm trading: also known as foreign exchange treasure, popularly speaking, you take RMB to the bank to exchange it for dollars or other foreign currencies, save it, and then sell it when the price of foreign currencies rises to earn the difference. This is a relatively simple foreign exchange transaction, but the effect is not ideal, the investment cost is high and the effect is low. Generally, it is effective between banks and big consortia, and it is not suitable for the general public to manage money.
2. Margin trading: Contract spot foreign exchange trading, also known as foreign exchange margin trading, margin trading and false trading, refers to that investors and financial companies (banks, dealers or brokers) who specialize in foreign exchange trading buy and sell 65,438+ten thousand dollars and hundreds of thousands of dollars at a certain financing multiple by signing contracts for buying and selling foreign exchange, and pay a certain proportion (generally not exceeding 10%) of the trading margin. Therefore, this kind of contract transaction only makes a written or verbal commitment to a certain price of a certain foreign exchange, and then waits for the price to rise or fall before settling the transaction, so as to gain profits from the changing price difference, and of course bear the risk of loss. Because this kind of investment needs funds more or less, it has attracted many investors to participate in recent years.
Foreign exchange investment appears in the form of contract, and its main advantage lies in saving investment amount. When buying and selling foreign exchange by contract, the investment amount is generally not higher than 5% of the contract amount, but the profit and loss are calculated according to the total contract amount. The amount of a foreign exchange contract is determined according to the type of foreign currency. Specifically, the amount of each contract is 1250000 yen, 62500 pounds, 125000 euros, 125000 Swiss francs, and the value of each contract is about 100. The amount of each contract in each currency cannot be changed according to the requirements of investors. Investors can buy and sell several or dozens of contracts according to their own margin or margin. Under normal circumstances, investors can buy and sell a contract with a margin of $65,438+0,000. When foreign currency rises or falls, investors' profits and losses are calculated according to the contract amount, that is, 654.38 million US dollars. Some people think that buying and selling foreign exchange by contract is more risky than buying and selling, but it is not difficult to see the difference by careful comparison. See the table below for details.
Suppose: 1 dollar exchange 135.00 yen to buy Japanese yen.
Form of security deposit for firm trading
Buying 1 2,500,000 yen requires US$ 92,592.5910,000.00.
If the yen exchange rate rises by 100, the profit will be $680.00.
The profit rate is 680/92,592.59 = 7.34% 680/1000 = 68%.
If the yen exchange rate falls by 100 point, the loss will be $680.00.
The loss rate is 680/92,592.59 = 7.34% 680/1000 = 68%.
From the above table, we can find that the amount of profit and loss in the form of margin trading is exactly the same, but the difference is the amount of funds invested by investors. Buying and selling 1 2.5 million yen needs more than 90 thousand dollars, while the form of deposit only needs110 thousand dollars, a difference of more than 90 times. Therefore, taking the form of contract is more output with less input for investors, which is more suitable for public investment and can win more benefits with less funds.
High return and high risk are equal, but if investors use it properly and find professional investment companies or professionals to help you manage it, the risk can be managed and controlled.
Entering the foreign exchange market is simple. You need to find an investment company to open an account. Every company has different conditions for opening an account. For example, to open an account, our company needs to deposit at least 65,438+00,000 USD (USD can be automatically exchanged at the bank according to the exchange rate), and then a professional trader will trade and take care of it for you. Each transaction 1000 USD, and the fee charged by each trading platform (we are the platform of HSBC) and company is 65438 USD +02. Each point is now $65,438+00. Our company enlarges the capital by 200 times, which means that your capital per transaction is $65,438+$0,000, but speculation in the foreign exchange market is equivalent to $200,000. As far as I know, most banks generally only zoom in 30-40 times.
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