Cryptocurrency

what is foreign exchange WHAT IS FOREIGN EXCHANGE

the foreign exchange market is the largest and most liquid financial market in the world, with an average daily trading volume of US $4trillion. No institution can manipulate the exchange rate between countries. The data affecting the exchange rate are published by national authorities. The transaction is fair and transparent, supports 24-hour, t+0, two-way trading, and has profit opportunities for both buying and selling.

exchange rate, also known as exchange rate, refers to the price of one country's currency expressed in another country's currency, or the price comparison between the two countries' currencies. In fact, foreign exchange transactions take exchange rate as the trading object.

advantages of foreign exchange

• huge trading volume and high market transparency
• two way trading, both up and down, can be profitable
• 24-hour t+0 transaction, not subject to time constraints
• ultra low transaction cost, 0 Commission, low difference transaction
• low threshold, high yield. Up to 400 times leverage, you can trade
• strict international, third-party bank custody, ensuring capital security
• real time deposit, quick withdrawal, deposit and withdrawal
• transaction speed at millisecond level, stable, safe, transparent and reliable

factors affecting foreign exchange

money can be regarded as a commodity, and the price of commodities is most affected by the relationship between supply and demand. The factors that affect the relationship between supply and demand of money include: monetary policy of the central bank, national economic situation, geopolitical situation, natural disasters, etc.

the price of commodities fluctuates up and down around the value of commodities. The intrinsic value of a country's currency is determined by the country's credit and economic conditions, and is reflected in the country's economic data. Investors can judge the trend of exchange rate through the economic data of various countries.

trading precious metals

London gold, also known as spot gold or international spot gold, is a precious metal margin trading method provided by the London International Financial Futures Exchange. It is named after its origin in London. Trading precious metals is one of the most popular ways to diversify the portfolio. It immediately gains potential advantages in trading spot gold, spot silver against the US dollar and other major currencies

main advantages of trading precious metals

• generally regarded as a potential investment haven
• conducive to your portfolio diversification
• hot trading options during periods of severe market fluctuations
• with strong liquidity, it can be realized at any time
• t+0 can close its position at any time. Both rise and fall have profit opportunities, and the risk is controllable

factors affecting precious metals

There is a direct link between the price of gold and the output. Once the output decreases, the price of gold will start to rise. Especially now the basic price of gold is affordable for most consumers. People also like to buy various gold jewelry, or collect gold. Just because of this increase in demand, it will also have some impact on the price of gold. When the demand increases, the output cannot be met If so, the price of gold will naturally rise. However, if the output of gold is relatively high, and the investment and sales of gold are reduced due to various factors, these will lead to a decrease in the price trend of gold.

energy is the substance that provides energy conversion to nature

energy is the material basis of human activities. In a sense, the development of human society is inseparable from the emergence of high-quality energy and the use of advanced energy technologies

in today's world, the development of energy, energy and environment are issues of common concern to the whole world and mankind. The ikes platform can trade energy indexes, including WTI usu oil, Brent crude oil and natural gas (NGAS)

crude oil pricing

• WTI crude oil, commodity symbol: usu oil
• trading unit: bucket
• quotation unit: USD / barrel
• 1 standard hand trading volume: 1000 barrels
• minimum trading volume: 0.01 hands, i.e. 10 barrels

crude oil

investing in crude oil related products is one of the fastest growing markets in the global financial market. At present, most of the crude oil trade in the international market is based on the benchmark oil in major regions The final settlement price of crude oil trade shall be the spot or futures trading price of the benchmark oil in a certain period of time before or after the date of delivery or bill of lading plus the rising discount. By region, all crude oil produced or sold in North America is traded on the New York Mercantile Exchange (NYMEX) The spot price of WTI crude oil is the benchmark; The crude oil sold from the former Soviet Union, Africa and the Middle East to Europe is priced based on Brent crude oil; The crude oil produced by Middle Eastern oil producing countries or sold from the Middle East to Asia used to be Dubai crude oil of the United Arab Emirates Price benchmark oil; The oil products referred to in the Far East market are mainly Malaysia Tapis light crude oil (Tapis) and Indonesia Minas crude oil (Minas).