Author: xiaoya

One article Quickly understand the foreign exchange market

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What is a forex and how does it work?Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Example: Take a trip to the U.S.Before departure: RMB/U.S. dollar exchange rate: 1:6.2; 6,200 yuan = 1,000 U.S. dollarsWhen returning (1):RMB/USD exchange rate: 1:7.21000 USD = 7200 yuanMade 1,000 yuanWhen…

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5 brokers have had important changes to their regulation October

Posted on By xiaoya No Comments on 5 brokers have had important changes to their regulation October

5 brokers have had important changes to their regulation since October，3 Forex Brokers’ Licenses Have Been Cancelled。 FXMarketType of change: Australia ASIC license has been canceled SONAFType of change: Cyprus CySEC license has been canceled OANDA Europe Markets LtdChange type: Malta MFSA license is changed from another financial license to MM market maker licenseAt present,…

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