Q & A
What is forex? <
Dynamics: forex refers to a specialized business activity that converts the currency of one country into the currency of another country to settle the debts and bonds of international relations.
Static: forex refers to foreign currencies or payment methods expressed in foreign currencies that can be used for international settlement, such as bank deposits, commercial drafts, bank checks, foreign government bonds, and foreign banknotes.
Therefore, dynamic forex refers to an exchange behavior that has occurred or is taking place, while static forex refers to a payment method that can be settled, which can occur but has not yet occurred.
Is forex a fair market? <
The international forex market is a globally integrated market that operates 24 hours a day. The main participants are central banks, forex banks, brokers, clients, mainly for the purchase and sale between local currencies and foreign currencies, and among different currencies.
All forex rates are publicly quoted by the country’s national monetary institution, which is authoritative and transparent.
Simultaneously, according to the latest statistics of the Bank for International Settlements, the average daily trade volume of the international forex market is about 1.5 trillion US dollars. There are many participants and substantial trade volumes. It is difficult for individuals or institutions to control such a big product market trend. No matter how many individual investors participate in the forex market, their impact is minimal.
Therefore, the forex market is a recognized fair market.
Why choose R24? <
R24 adopts a client-centric operating model and employs financial executives with years of experience in leading international investment banks, derivatives and hedge funds to provide clients with a stable trading environment, luxurious trading products, and the most competitive trading cost, as well as the safe and convenient capital experience and 24 hours uninterrupted client service.
It makes continuous development and innovation, provides safe, fast, and efficient trading services and customized solutions for global traders, and is committed to becoming the most trusted forex service provider for global traders.
Since its establishment in 2015, R24 has won many awards at home and abroad, such as "Most Potential Forex Broker", "Most Trusted Broker by Client", "Best Service Broker", "Most Trusted Platform by Investors", "Most Honest Forex Broker of the Year" and so on.
What certification materials do I need to provide to open an account on R24? <
2. Proof of personal address for opening an account: account book, driving license, utility bill, phone bill, bank statement, tax bill, telecommunications business bill.Proof of address: The public utility document with your name, address, and date of issue must be a bright color copy in the form of a scan or digital photo. The address certificate must be stamped, and the issuance's time must be within the past six months.
Personal mobile phone number for account opening: To ensure the security of your information and funds, please make sure that the mobile phone number for account opening is your real-name authentication mobile phone number in the telecom business office.
4. Bank card: R24 only supports bank cards under clients’real name for deposit and withdrawal when opening an account.
In addition to the passport, are other documents acceptable to open an account? <
Why do I need to upload information for account opening? <