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Can I speculate in foreign exchange with RMB 10,000?

RMB is not a universal currency, so it is not possible. Foreign exchange is denominated in US dollars. Foreign exchange real offer transactions are those of banks such as foreign exchange treasure and foreign exchange margin transactions. The former can be traded by opening a bank account, while the latter is mainly done by opening an account with a domestic agent through some foreign dealers, because there is no domestic dealer of its own. Foreign exchange real offer trading is also called foreign exchange spot trading.

Foreign exchange margin trading, also known as virtual trading, means that investors use their own funds as guarantee and amplify the financing provided by banks or brokers to conduct foreign exchange transactions, which is to amplify investors' trading funds. The proportion of financing is generally determined by the bank or broker. The greater the proportion of financing, the less funds the customer needs to pay. Extended information

1. Large trading volume and high market transparency;

2. Flexible leverage and light transaction costs;

3. Two-way trading, no profit Subject to market conditions;

4. T+0 trading, 24-hour market, global 7x24 uninterrupted foreign exchange market;

5. Risks are controllable, stop losses and presets can be The limit price point can help traders control losses or lock in profits in a timely manner by setting stop loss and limit price points;

6. Transactions are fast, and there is no need to wait for immediate transactions. Under normal market conditions, all orders can be The transaction is completed immediately at the specified price or within the specified range.

Baidu Encyclopedia-Foreign Exchange