Foreign exchange trading

The foreign exchange market is currently the largest financial market in the world, with an average daily trading volume of $4 trillion. The foreign exchange market operates 24 hours from 5:00 pm EST on Sunday to 5:00 pm EST on Friday. Trading begins in Sydney every day, and as the globe turns, the business day will start in turn in every financial center around the world, from Tokyo to London to New York. Unlike other financial markets, forex traders are able to react to market fluctuations at any time during normal forex market opening hours, day or night.

What are the risks of foreign exchange trading?

Any over the counter foreign exchange transaction has certain risks, including (and not limited to) leverage, credit reliability, limited legal protection, and market volatility that may greatly affect the price or trading volume of currency pairs. The magnification effect of the leverage ratio is two-way. On the one hand, it increases the investor's transaction amount and doubles the investment income; on the other hand, it also increases the risk, so that the investor may face greater losses. Therefore, before deciding to participate in foreign exchange trading, please carefully consider your investment objectives, experience level and risk tolerance. If you cannot bear the loss, please do not invest rashly.