According to the information we have collected now, including the quotations of many domestic institutions, the minimum price is 500 US dollars. If you are going to benefit from foreign exchange trading, then we suggest that you do not enter the market blindly. You must first study the trading technology well, of course you can also Download some software that simulates foreign exchange speculation on the Internet, which is a real foreign exchange market trend chart. Of course, the funds in the account are virtual. We learned that there is also a quotation of 3,000 US dollars, which will have a relatively large deviation according to different institutions.
There is no fee for opening an account, and a certain handling fee is required for transactions. The foreign exchange market in my country has not yet been officially opened, and some knowledge cannot be popularized. The larger the foreign exchange funds, the greater your risk and return. If As a novice, I think it is better to open a mini-account with a small amount of capital. While learning, while accumulating experience through actual combat, you can also know whether you are suitable for foreign exchange trading, because psychological quality is a very important factor in foreign exchange trading. Generally, if you still have no clue after three months, you have been losing money, or you can’t sleep at night because you have a position, or you can’t concentrate at work (foreign exchange is a 24-hour transaction!), then it is still recommended not to do foreign exchange trading.
Doing foreign exchange is like doing stocks, but it is a little more troublesome than stocks. What you need to pay attention to when doing foreign exchange is: focus on the big picture, follow the trend, set stop loss, and operate lightly. You have to follow the trend instead of judging the trend. When placing orders, you must proceed from the overall situation, set a good stop loss, and the margin for placing orders should not exceed 20% of the total funds. In this way, your risk is basically well controlled. In this way, you can gradually move towards the road of making money. Through continuous learning of this knowledge, I believe that everyone will become more and more proficient in foreign exchange speculation.
