Foreign exchange transactions
The daily trading volume exceeds 5.2 trillion US dollars, and foreign exchange trade is the largest and fastest growing industry at present
Opening an accountThe daily trading volume exceeds 5.2 trillion US dollars, and foreign exchange trade is the largest and fastest growing industry at present
Opening an accountThe market is divided into Asian market, European market and American market. The market opened on Monday morning, trading 24 hours a day, and ended on Saturday morning. Within a week, as long as traders can log on to the trading platform, they can participate in market fluctuations anytime and anywhere.
There is no high commission charge for foreign exchange margin trading, and the transaction cost is only the difference between the purchase price and the selling price, because the quotation of margin trading is the wholesale price of the investment bank, which is much more favorable than the actual retail price of exchange.
The daily trading volume in the foreign exchange market reached 5.2 trillion US dollars. The market is much larger than the traditional stock, bond or futures markets. The huge trading volume makes the market less vulnerable to price manipulation by a bank or institution. In addition, investors need not worry that their orders will not be taken over.
The continuous occurrence of global events affects the rise and fall of currencies of various countries. Investors can trade multiple currency pairs in the world in one account, so that they can be in one country and trade globally.
SIRIUS's MetaTrader 4 trading platform provides six major currency pairs. There are six major currency pairs in the foreign exchange market, which account for more than 85% of all currency transactions. They are euro/dollar, dollar/yen, pound/dollar,
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