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General questions What is difference between FOREX and Futures?
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Question by: Henry - 18 Aug 2016, 08:51:53
What is difference between FOREX and Futures?
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Answer by: Jeremy - 18 Aug 2016, 08:55:51

Currencies are the money that represent the monetary system from different countries. Futures trading of currencies is done in trading pits, where you are trading those currencies today, but for future prices. FOREX trading is trading actual currencies at today’s exchange rate with banks. All trades are done through brokers or market makers.

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