Futures.

Most people perceive Forex as an opportunity to trade currencies, on the one hand this is true, but on the other hand, almost all dealing centers offer their clients a lot of equally interesting tools to choose from.

Futures are one of such instruments; it is quite difficult to predict where the exchange rate will go; the exchange rate of a currency unit is influenced by a huge number of factors, while with futures everything is much simpler.

A futures is a contract for the purchase of a certain type of asset, and this asset can be commodities known to you such as corn, oil, gas, wheat, gasoline.

However, it should be noted that it is best to carry out this trading option over time periods of one week or more.

In medium- and long-term trading, there is no need to pay attention to minor price fluctuations; only the main direction of the trend plays a role here.

For example, this year there is a low wheat harvest, it is clear that the price for it will only increase over time, you yourself can easily remember many similar examples from real life.

The list of futures is quite extensive, including oil products, agricultural goods, gas, indices and even currency pairs.

The principles of trading are quite similar to any other trading tool, but they still have their own characteristics.

First of all, this is a record of the contract itself; it includes the name of the asset and the completion date of the contract.

If you are interested in this topic, you can get acquainted with it in more detail by downloading the book “ Options and Futures ” for free. Most Western financiers made money on this type of exchange transactions.