Product - Foreign exchange
Foreign exchange market is the largest money market all over the world, and it is estimated that trillions of dollars are being traded in this market every day, which is larger than the trade volume of all the stock markets. The market does not concentrate in a certain place but over the counter, in which vendors and purchasers carry out transaction through telephone, computer, fax and other real-time means of communication. The latest statistics from International Settlement Group shows that the average trade volume of international foreign exchange market every day is about 1,600 billion USD.
Foreign Exchange Margin Trading, also called margin trading and Non-firm offer trading, refers to investors and finance company specially engaged in foreign exchange trading (bank, trader or broker’s agency) sign consignment contract of foreign exchange trading and pay security money for trade of a certain proportion (not exceeding 10% generally) so that they can deal with foreign exchange of one hundred thousand, hundreds of thousand even million US dollars according to certain financing times; it is one of the most famous global investments.
Variety: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD and various kinds of cross trade.
Advantages of security money for foreign exchange
- Low cost, security money of one percent, level effect of one hundred times
- Huge benefit, twice benefit of the current day is possible
- Bilateral trading and investment, and benefit is available from both rising and falling
- T+0 trade, buying and selling can be realized the current day
- All-day global market, offering more profitable opportunities
- Risk can be well controlled for it is available to pre-set the order of stopping profit and loss
- Large turnover, and it is out of control of market makers
- Funds are flexible, and it can be withdrawn anytime
- Low commission charge, which is less than one in a thousand
- High transparency, all the business conditions, data and news are publicized
