How do novices trade foreign exchange?

Ping An Bank's foreign exchange transaction is foreign currency exchange, that is, changing the currency of one country into the currency of another country. For example, when traveling to Europe, we will exchange RMB for euros in advance to facilitate consumption.

In the financial market, "foreign exchange transactions" are generally conducted in the form of "currency pairs", that is, buying one currency and selling another at the same time. Ping An trading is a margin trading through personal foreign exchange trading, which is different from the existing personal firm foreign exchange trading.

Tips: At present, our bank has suspended retail customers who have not opened an account with our bank from using foreign currency cash for personal foreign exchange trading (except RMB and foreign currency cash exchange).

Reply time: 202 1-08-27. Please refer to the latest business changes announced by Ping An Bank in official website.

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