Analysis on the characteristics of foreign exchange firm offer

What is the real foreign exchange transaction/
Through domestic commercial banks, customers exchange some freely convertible foreign exchange (or foreign currency) held by themselves into another freely convertible foreign exchange (or foreign currency) transaction, which is called "real foreign exchange transaction".
In addition, there are "real" and "virtual" in foreign exchange transactions, so-called "virtual disc" is the foreign exchange margin trading. Compared with the foreign exchange margin business, due to the lack of the role of capital leverage, the absolute income in the process of real exchange trading depends on the amount of investment principal. In addition, the one-way profit mode in the real exchange transaction is mainly derived from the exchange rate difference between the purchase and sale of the transaction currency.
According to the international clearing bank, the world's foreign exchange volume is about $1.9 trillion a day. When you expect a certain freely convertible foreign exchange (or foreign currency) to rise in the future relative to the freely convertible foreign exchange (or foreign currency) you hold now, you can convert your own freely convertible foreign exchange (or foreign currency) into a freely convertible foreign exchange (or foreign currency) that will appreciate in advance, In this way, the profit of exchange rate difference is obtained.
Characteristics of real foreign exchange trading/
The currencies that domestic commercial banks can offer for real foreign exchange transactions basically include US dollar, euro, pound, yen, Swiss franc, Canadian dollar, Australian dollar, Hong Kong dollar, etc. These currencies are freely convertible. Real foreign exchange transactions do not provide transactions involving non freely convertible foreign exchange (or foreign currency). Please consult the bank you want to open for the specific currency which is convertible and which is not exchangeable.
In the course of a real foreign exchange transaction, if you are converting US dollars with another freely convertible foreign exchange (or foreign currency), this transaction is generally referred to as "direct trading"; If you are trading two freely convertible foreign exchange (or foreign currency) other than US dollars, this transaction is customarily referred to as "cross-exchange".
When it represents a certain exchange rate, the basic currency is in the front, the target currency is separated by "/" in the middle, indicating how many target currencies can be exchanged for a unit of basic currency. There are two ways to quote the exchange rate involving the US dollar. The quotation in the basic currency of the dollar is called "direct quotation", such as the dollar against the yen. The target currency in the US dollar is called "indirect quotation", such as eur/usd.
The settlement method of t+0 is adopted for the real exchange transaction. After the customer completes a transaction, the bank computer system automatically completes the fund delivery. That is, if the market is volatile, investors can seize multiple profit opportunities in a day.
Foreign exchange novice small benefits: so, for foreign exchange novices, it is difficult to choose when facing multiple currency pairs. How to invest in the end? Origin ECN suggests that new foreign exchange investors generally choose the dollar as their own investment currency. This is because the dollar is highly liquid and the most widely used currency in the world. More importantly, there are more data and information sources about the dollar in the market, which makes new investors more information, makes market judgment in time and makes relevant investment decisions. Holding small currency is difficult to obtain information, and it is often difficult to make judgment in time. Of course, if there is a real demand for a currency, investors should also make choices according to their own actual situation. If children study in Europe, they should use euro as investment currency and other currencies as investment instruments. In this way, while making foreign exchange trading investment profit, the exchange rate risk of euro itself can be avoided.