What the heck is that?! You ask, impolitely. Forex is short for Foreign Exchange, cute, huh? According to my sources, it exists wherever one currency is traded for another and is the largest kind of market in the world.
I am also here to talk to you about a little thing called Futures as it relates to Forex Trading. It basically has to do with the way that the money is exchanged and the length of time it takes for the money to get from hand to hand. Futures is based on contracts with typical durations of 3 months, in contrast to a thing called Spot, which is a lot faster.
Basically if you are dealing with Forex Trading and Futures, then the suit you are looking for is Globalfutures.com. They have goodies like free live simultaneous trading accounts, several trading systems to choose from, live online support, and a 'name your own commission' deal. If this little economic lesson peaked your interest, and you were looking for somewhere to stack your funds, this is the site I recommend for you to visit. You can get started for as low as 250$, which is practically chump to even the most conservative investor.
global futures
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