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What are the advantages and disadvantages of speculating in foreign exchange?
Advantages of foreign exchange:

1, with large turnover and high market transparency. The average daily turnover of the global foreign exchange market is $3.2 trillion. There is no banker in such a big market, and foreign exchange investment is aimed at the national economy. Data and news are shared around the world.

2. Flexible leverage and light transaction cost. Adjustable leverage ratio can effectively reduce transaction costs and improve capital utilization;

3, two-way trading, profit is not limited by market conditions, foreign exchange transactions can be long or short, regardless of bear market or bull market, as long as the market fluctuates, there will be opportunities for profit;

4.T+0 trading, 24-hour market. The 7x24 uninterrupted foreign exchange market in the world is different from stocks. Foreign exchange is a T+0 transaction and can be bought and sold at any time;

5. The risk is controllable, and the stop loss and limit point can be preset. By setting stop and limit points, traders can control losses or lock in profits in time;

6. the transaction is rapid, and the immediate transaction does not need to wait for the usual market conditions. All orders can be closed at a specified price or within a specified range.