The forex market operates through two primary trading mechanisms that shape how currencies are bought and sold globally. Understanding the distinction between spot and futures trading can significantly impact your forex market trading strategy and risk management approach. What Is Spot Trading? Spot trading represents the immediate exchange of currencies at current market prices. When you execute a spot trade, the transaction settles within two business days, making it the most straightforward form of currency exchange. The spot market operates 24 hours a day, five days a week, with prices fluctuating continuously based on supply and demand. Major currency pairs […]