How to Trade Successfully in Forex as a Beginner

- Spot forex market – Spot trade or FX Spot is the purchase or sale of foreign currency, commodity, and or security at an exact date the trade was settled – on the spot – or at a short given time.
- Forward forex market – It is an ‘over-the-counter’ trading flow where both parties agreed to buy or sell a set of currency at a specific price and will be settled within a given range of agreed future date.
- Future forex market – It is similar to future forex; however, the contract in future forex is legally binding.