Traditional Culture Encyclopedia - Traditional culture - Can traditional forex platforms be done

Can traditional forex platforms be done

Not recommended.

1, the policy level: that regulation in 1994, does not allow foreign exchange margin business, this is the policy level.

2, the reality of the level: the negative impact on society as well as the participants lose too much, which is the reality of the level.

Foreign exchange (Foreigncurrency) is the monetary administration in the form of bank deposits, treasury bills, long and short-term government securities and other forms of retained in the balance of payments deficit can be used in the claim. Foreign exchange mainly includes foreign currencies, foreign currency deposits, foreign currency securities, etc., is an important part of a country's international reserves, but also the main means of payment to settle international debts.

Foreign exchange margin business originated in London in the 1970s. Initially, foreign exchange transactions require a large amount of principal funds, so the main participants in this field are banks, financial institutions and large organizations such as governments.