Volatility
Foreign exchange products fluctuated slightly, while crude oil products fluctuated greatly. Not only in the past two years, but also in the day, which provides investors with opportunities to profit from fluctuations.
liquidity
Foreign exchange trading has a wide range, regardless of country, 24 hours a day. On the other hand, crude oil can only be traded with the exchange at a specified time.
turnover
Foreign exchange is considered as the most active and liquid financial product in the world. The daily global foreign exchange trading volume is estimated to exceed $65,438 +0.2 trillion. Such a huge flow makes the exchange rate change more regularly than anyone can control. Crude oil is the opposite.
The cost of foreign exchange investment is light.
The amount of foreign exchange margin can be expanded to dozens of times, and the principle of financial leverage can be fully utilized to make it small and broad. Crude oil is not.
Foreign exchange is bought and sold bilaterally, while crude oil is generally unilateral.
Traders can buy a currency pair contract as the beginning of a transaction, or they can sell a currency pair as the beginning of a transaction. Similarly, they can buy and sell a pair of currencies as the end of the transaction. Whether it is up or down, it is possible to achieve profitability.
There is nothing wrong with knocking on the foreign exchange consultation price.
Foreign exchange margin is bought and sold by telephone or online, so in the past 24 hours, investors can choose to appear at will, and there will be no risk of being trapped because they cannot appear, but there may be financial risks for controlling investors. And crude oil, the risk control is greater.
Flexible allocation of funds and high liquidity
In the past 24 hours, investors have traded according to the fluctuation of exchange rate, and there is no time limit for entering and leaving the market. They can remit or remit funds to the market at any time due to the transfer of personal funds, which is extremely liquid and flexible. The variability and elasticity of crude oil are very small.