Traditional Culture Encyclopedia - Traditional stories - What do you mean by foreign exchange orders? Please explain briefly. ...

What do you mean by foreign exchange orders? Please explain briefly. ...

Foreign exchange is a transaction, in short, the exchange rate of buying and selling. You can buy and sell dollars, euros, gold spot and so on in the bank. You can also download a trading software yourself, find a regular platform vendor, and trade and buy on it.

For example, you can buy euros and sell dollars. Now it is around 1.2300. The lever is generally 200 to 1. Take out a $ 1000 to buy euros and sell dollars, which is to make orders.

Making orders is similar to buying and selling stocks. You can buy up, buy down, and go long and short.