What is the difference between foreign exchange and crude oil?
The difference between foreign exchange and crude oil:1 different fundsForeign exchange margin trading funds are to be remitted to foreign funds by brokers, funds can be managed by the broker.Crude oil trading is funded by the domestic third party custodian bank, the funds are relatively safe.2 different pricesFluctuations in the price of foreign exchange every day, crude oil prices fluctuate.3 different varietiesForeign exchange is not conducive to the analysis of a variety of types of crude oil.4 different volumeThe daily volume of foreign exchange market is larger than that of crude oil.
Oil trading in the form of major oil futures trading and oil spot trading. Because spot trading is superior to the mode of futures trading in many respects, the spot trading of oil is widely used in the world.
Foreign exchange transactions refer to the way in which a foreign currency is bought in one currency and sold in another currency. In the international market, the exchange rate of various currencies fluctuates frequently, and it is traded in the form of currency.
