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Foreign exchange trading has become a popular choice for many investors, with margin trading gaining attention due to its flexibility and leverage effects. However, choosing a safe and reliable forex margin trading platform is the first hurdle to entering this market. Many blacklisted and scam platforms exist in the market, and beginners may suffer significant losses if they are not cautious. This article will provide a detailed introduction on how to select a forex margin trading platform and related trading knowledge.
Basic Concepts of Forex Margin Trading
Forex margin trading refers to an investment method where investors use a broker platform to buy and sell currency pairs with a smaller amount of capital as margin (deposit), leveraging the effect to earn profit from price differences. In simple terms, you do not need to own the full amount of currency; you only need to deposit a certain percentage of margin to conduct large-scale trades.
This trading method is similar to stock trading, requiring operations on a broker platform. Choosing a safe and user-friendly platform for viewing

Current Situation: Why Have the Hong Kong Dollar and New Taiwan Dollar Rebounded to 4.05?
The HKD/TWD exchange rate has recently rebounded from 3.905 all the way to the 4.05 level. The driving force behind this is quite clear—US inflation data exceeded expectations, breaking the market’s hope for a rate cut in March. The US dollar has strengthened again, naturally lifting the Hong Kong dollar, which is pegged to the USD.
At the same time, Taiwan is also facing difficulties. Although DPP candidate Lai Ching-te won the January election, the Legislative Yuan did not secure a majority. Foreign investors are questioning the prospects for cross-strait relations and the new government’s governing ability, putting pressure on the TWD. These two forces combined have pushed the HKD and TWD up to 4.05.
Core Question: Will the HKD and TWD continue to rise or start to fall?
In the short term, 4.15 is a tough barrier. This level is both the top of the downward channel and the previous high during recent rebounds, making it a significant resistance. It will be challenging for the HKD and TWD to break above this level.
But in the long term, the probability of decline is even higher.

Why are more and more people choosing cold wallets to store assets?
As on-chain activity demands surge, many investors have become accustomed to using hot wallets for interactions, but the associated risks cannot be ignored—issues such as private key loss, mnemonic theft, malicious software theft, and other problems occur frequently, leading to the unexplained disappearance of crypto assets. In response to these threats, cold wallets have emerged as an offline storage solution, with demand experiencing explosive growth in recent years.
According to Blockchain.com statistics, by 2022, the number of crypto wallet users had reached 80 million. The hardware wallet market has a broad outlook—Research And Markets predicts that the hardware wallet market size will reach $3.6 billion by 2032. Facing fierce market competition, major developers are continuously enhancing security certification levels, supporting more cryptocurrencies, and improving user experience, forming a diverse landscape of products.

From Concerns of Depreciation to a Strong Reversal—Why Did the New Taiwan Dollar Suddenly Appreciate?
Do you remember the pessimistic atmosphere that enveloped the market a month ago? At that time, investors were generally worried about the decline of the Taiwan stock market and the New Taiwan Dollar potentially depreciating to 34 or even 35 yuan. Unexpectedly, the market sentiment changed instantly, and within just 30 days, a dramatic reversal occurred.
On May 2nd, the New Taiwan Dollar against the US dollar surged by 5% in a single day, marking the largest single-day gain in 40 years, closing at 31.064 yuan, and rewriting a 15-month high. Three days later (May 5th), the rally continued, rising another 4.92%, breaking through the psychological barrier of 30 yuan intraday, with a high of 29.59 yuan. In just two trading days, the New Taiwan Dollar appreciated nearly 10%, with trading volume reaching the third-largest record in the history of the foreign exchange market.
Looking at a broader timeline, from the beginning of this year to early April, the New Taiwan Dollar was still in a slight depreciation phase (about -1%), making this reversal truly astonishing. Although Trump announced tariffs on...

Bull and bear market cycles are the eternal laws of the market
In the long course of financial markets, bull and bear market cycles repeat like tides. Many investors enjoy the wealth effects brought by bull markets but find themselves unprepared when bear markets arrive. In fact, the true test of an investor's wisdom often occurs at the turning point of these bull and bear market cycles.
What is a bear market? How is it defined?
A bear market refers to a market condition where the price of an asset drops more than 20% from its high. This decline can last for months or even years. For example, in 2022, the Dow Jones Industrial Average fell from a high of 36,952.65 points on January 5 to a closing of 29,260.81 points on September 26, a decline of over 20%, officially signaling a bear market.
Conversely, when an asset's price rises more than 20% from its low, it enters a bull market phase. It is worth noting that the concepts of bear and bull markets apply to all asset classes — stocks

By the end of 2024, the gold market has become the focus of global investors. After gold prices surged past a historic high of $4,400 per ounce in October and then pulled back, many retail investors began to wonder: Has the momentum of this gold rally come to an end? Is it now too late to enter the market?
To answer this question, we first need to understand the fundamental drivers behind the rise in gold prices. Only by grasping the logic behind the price fluctuations can we better judge the future market trend.
Three Major Drivers Behind the New Highs of Gold XAUUSD
Gold has performed exceptionally well over the past two years, with the increase in 2024–2025 reaching levels not seen in nearly 30 years, surpassing the historical records of 31% in 2007 and 29% in 2010. This rally is not without reason; three core forces are driving it.
First, the escalation of US policy uncertainty
Since the inauguration of the new government,

Stock investing seems simple: buy and hold for dividends. But true trading experts never rely on a single approach; they use various tools flexibly based on market trends—financing is one of the most common. But what does financing mean? Many people only know it can amplify gains but don't realize it can also magnify losses. This article will give you an in-depth understanding of the mechanisms of financing and securities lending, and how to avoid the pitfalls.
What does financing mean? Simply put, borrowing money from a broker to trade stocks.
Most people take out loans when buying a house because they don't want to invest all their funds at once. The same logic applies to buying stocks. Financing means you put in a portion of the money, and the broker provides the rest to buy stocks, with the stock itself serving as collateral. What's the benefit of doing this? It allows you to participate in stock price movements with less capital—in other words, leveraging a small amount to control a larger position.
For example, suppose you are bullish on Apple stock, currently priced at $100. Your principal is only

Bitcoin remains steady around $93.88, with the market focusing on the $94,000 technical level; US stock futures rise slightly, with Tesla performing notably; the Federal Reserve minutes released tonight will influence the dollar's movement; precious metals rebounded after adjustments, with silver leading the gains; escalating geopolitical risks are driving continuous increases in crude oil prices.

Stock investment strategies are far more than just buying low and selling high. When you identify a company's promising prospects but are limited by funds; or when you judge that a stock is overvalued and want to profit from a decline, you need to understand two powerful trading tools: margin financing and securities lending. These tools can help amplify your gains, but they also increase risks. Today, we will delve into the operating principles, costs, and practical risks of these two trading methods.
Core Concept of Margin Financing: Using Borrowed Money to Amplify Investment Effects
In simple terms, margin financing means borrowing money from a broker to buy stocks. When you are optimistic about a stock but lack sufficient funds, you can contribute part of the money yourself, and the broker contributes the rest, jointly purchasing the stock. This stock then serves as collateral for the loan from the broker.
An example will make this clearer. Suppose you have $40 and are optimistic about Apple stock (current price $100). Through margin financing, you can contribute yourself

Investors should remain calm when facing limit-up and limit-down stocks, and develop strategies based on analyzing the reasons. When a stock hits the limit-up, consider participating in related industry chain stocks or wait for a correction; when a stock hits the limit-down, assess whether it is due to short-term volatility or deteriorating fundamentals. Avoid following the crowd blindly; finding safer investment opportunities is key.

When stocks in your portfolio suddenly face delisting, many investors' first reaction is panic and confusion, believing that their entire investment is lost. However, in reality, by adopting the correct strategies, investors can still find multiple ways to revive these assets or minimize losses even after delisting. This article will explore specific strategies for handling delisted stocks.
Delisting vs. Trading Suspension: Two Concepts That Are Easily Confused
Many novice investors often confuse "trading suspension" with "delisting," but there are fundamental differences:
A trading suspension is usually a short-term phenomenon. The company temporarily halts trading due to major disclosures, financial adjustments, or abnormal price fluctuations. The value of investors' holdings generally remains unchanged, and the stock is still registered on the exchange. Trading can resume once the issue is resolved.
Delisting, on the other hand, is a permanent exit. The company no longer meets listing standards or actively applies for delisting. The stock is removed from the exchange, and investors can no longer trade it on that exchange.

Currency exchange for Japanese Yen may seem simple, but it actually contains hidden complexities. Exchanging the same amount of 50,000 TWD through different methods could result in paying over 2,000 TWD more in exchange fees. This article provides an in-depth comparison of four Japanese Yen exchange channels to help you find the most cost-effective method.
A quick overview: Comparison of 4 Japanese Yen exchange methods
| Exchange Method | Exchange Rate Level | Exchange Fee | Estimated Cost (50,000 TWD) | Operation Time | Suitable for |
|------------------|---------------------|--------------|----------------------------|----------------|--------------|
| In-person cash exchange | Worst (cash sell rate) | 0-200 TWD | 1,500-2,000 TWD loss | Weekdays 9:00-15:30 | Not familiar with online, urgent small amounts |
| Online exchange + withdrawal |

Why should Taiwanese investors pay attention to the US stock market?
In recent years, the US stock market has attracted more and more attention from Taiwanese investors, but many are confused about how to choose the right trading platform. After all, everyone's investment needs are different—some pursue low costs and quick entry, while others require rich trading tools and diverse assets. To find the most suitable platform in the US stock market, the key is to understand the true features and fee structures of each platform.
Two Main Ways for Taiwanese to Invest in US Stocks
Way 1: Through Taiwanese Brokerage Firms via Sub-Agency Trading
Many Taiwanese investors choose to purchase US stocks through local brokerage firms, a method called "sub-agency trading"—simply put, Taiwanese brokers delegate orders to foreign brokers to execute. The advantage of this method is familiar operation and convenient fund inflow and outflow, while the downside is that the handling fees are usually higher.
Comparison of Mainstream Taiwanese Brokerage Firms' US Stock Sub-Agency Trading Fees
| Broker | Established | Commission |

Earnings Per Share (EPS) is an important indicator for evaluating a listed company's profitability. It is calculated by dividing the company's net profit by the number of outstanding shares. A high EPS indicates that the company can generate more returns for shareholders. This article will delve into the calculation of EPS and its application in investment decisions.

What is Net Asset Value per Share? Why is it so important
Net Asset Value per Share (NAVPS) represents the net asset value contained in each share of stock. In simple terms, if you buy a share, this indicates how much actual assets that share represents, and NAVPS tells you that.
From an accounting perspective, the formula for NAVPS is straightforward:
NAVPS = (Total Assets - Total Liabilities) / Total Outstanding Shares
Or, viewed from another angle:
NAVPS = (Share Capital + Capital Surplus + Retained Earnings + Undistributed Profits) / Total Outstanding Shares
For example, if Uni-President Enterprises Corporation (1216.TW) has assets of 2.5 billion, liabilities of 1 billion, and 1 billion shares outstanding, then the NAVPS would be (2.5 billion - 1 billion) ÷ 1 billion = 1.5 yuan. It seems simple, but this number hides the secret to stock selection.
Is a higher NAVPS always better? Don't be fooled

As financial asset volatility increases, more and more people are turning their attention to the crypto market. However, faced with thousands of virtual currencies, the most common question investors ask is: which coin is reliable to buy? This article helps you sort out the top ten cryptocurrencies by market cap, analyze the differences among various types of virtual currencies, and teach you how to choose the right investment strategy based on market cycles.
How are types of virtual currencies categorized? The bull and bear cycles determine your choices.
There is a classic saying in the crypto world: "Buy altcoins in a bull market, buy mainstream coins in a bear market." This is not nonsense; there is a deep logic behind it.
Why buy altcoins in a bull market? Because small-cap coins are easier to push higher by capital, offering greater profit potential. Mainstream coins have larger market caps, making it harder to drive their prices up.
Why buy mainstream coins in a bear market? Because mainstream coins tend to be more resistant to declines, with a lower probability of going to zero. Altcoins often plummet rapidly, sometimes even to zero.
Therefore, the first step in choosing virtual currencies is to determine the overall trend of the current market. Next

If you are interested in investing in the stock market, forex, or gold, you have probably heard terms like "US dollar appreciation" and "US dollar depreciation." But how does the US Dollar Index actually work? Why are global investors paying so much attention to it? Today, we will delve into this key indicator that influences the global financial markets.
US Dollar Index Components and Construction Principles
The US Dollar Index (USDX or DXY) is not a simple exchange rate but a composite index that measures the strength of the US dollar relative to other currencies. It tracks the performance of the dollar against six major currencies, which are:
- Euro (EUR) — accounting for 57.6%, the highest weight
- Japanese Yen (JPY) — accounting for 13.6%
- British Pound (GBP) — accounting for 11.9%
- Canadian Dollar (CAD) — accounting for 9.1%
- Swedish Krona (SEK) — accounting for 4.2%
- Swiss Franc (CHF) — accounting for

The first lesson in investing in Hong Kong stocks is to understand the opening hours and trading rules. Today, let's clarify the "schedule" and "play" of Hong Kong stock trading all at once.
What is HKEX? Essential background knowledge before investing in Hong Kong stocks
HKEX (Hong Kong Exchanges and Clearing Limited), is the only stock exchange in Hong Kong and also a listed company, with stock code 0388.HK.
Don’t underestimate this exchange’s name; its strength should not be overlooked — it ranks among the top ten exchanges worldwide, among the top three in Asia, and is one of the most active capital markets globally. Since its establishment in 1989, HKEX has topped the global IPO financing charts seven times over the past 13 years, demonstrating how attractive the Hong Kong stock market is.
HKEX also oversees the Hong Kong Stock Exchange, the Futures Exchange, multiple clearing houses, and even controls the London Metal Exchange in the UK. In simple terms, HKEX plays a major role in the entire financial trading ecosystem of Asia.