The essence of foreign exchange trading is to buy and sell between two currencies. Therefore, Ramon's customers buy and sell currencies based on real-time market interest rates.

In order to be able to trade, the customer needs to register an account and hold currency A, and then according to the corresponding changes in the final goal, the customer converts currency A into currency B for a short or long time.

Because foreign exchange transactions are carried out on the basis of currency pairs (for example, the relative value of a currency unit and another currency unit), the first currency is the base currency and the other currency is the quote currency.

For example, the price of the European and American currency pair is 1.2345 US dollars, which means that 1 euro can be exchanged for 1.2345 US dollars.

We can conduct currency transactions 24 hours a day, from Sunday 22:00 GMT to Friday 22:00 GMT. Currency transactions are mainly between the financial centers of London, New York, Tokyo, Zurich, Frankfurt, Paris, Sydney, Singapore and Hong Kong.

There are countless factors that contribute to and influence the price of foreign exchange transactions (for example, currency exchange rates) on a daily basis, but it can be ensured that the six main factors contribute the most and more or less affect the price fluctuations of foreign exchange transactions.

The difference in inflation
2. The difference in interest rates
3. The negative value of current account funds
4. Public debt
5. Trading conditions
6. Government and economic stability

In order to better understand the above 6 factors, you must be clear that foreign exchange transactions are mutual. Therefore, when one party falls, the other party rises, because the price denomination of any one currency is always against another currency.

Forex trading software is an online trading platform through which Ramon customers can view, analyze and trade currencies or other asset classes.

Simply put, Ramon provides each customer with a trading platform (for example, software) that is directly connected to global market prices, and can directly execute transactions without going through a third party.

The following are the categories of participants in the foreign exchange market:

1. A traveler or overseas consumer exchanges currency for overseas travel or overseas shopping.
2. Enterprises purchasing raw materials or goods from overseas need to exchange their domestic currency to the currency of the seller's country.
3. Investors or speculators exchange required foreign currencies to trade overseas stocks or other asset classes, or trade currencies to obtain profits from market changes.
4. Banking institutions provide their customers with currency exchange or loans to overseas customers.
5. The government or central bank buys or sells currency, adjusts economic imbalances, or adjusts economic conditions.

As a retail foreign exchange dealer, the most important factors affecting your transaction are the execution quality, speed and spread of the transaction, and they all affect each other.

Spread is the difference between the buying price and selling price (buying or selling price) of a currency pair, so the simple understanding is the price at which your broker or bank is willing to sell or buy the transaction order you need. However, the spread is only related to the correct execution of the order.

In the foreign exchange market, when we refer to execution power, we are referring to the execution speed at which foreign exchange traders actually buy or sell the commodities they see on the screen or on their mobile phones. If your bank or broker cannot execute for you at the price you see in time, a good price is meaningless.

In foreign exchange transactions, some currency pairs are nicknamed direct currency pairs (mainstream currency pairs). This category contains the most frequently traded currency pairs, and always contains the U.S. dollar.
Major pairs include: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, NZD/USD

In foreign exchange transactions, cross currency pairs are all currency pairs that do not contain the US dollar.

In foreign exchange transactions, supercars contain less traded currency pairs, such as currencies of smaller or emerging economies that are paired with mainstream currencies. These currency pairs usually have less volatility, less liquidity, and do not show the dynamic behavior of direct currency pairs and fork currency pairs.