There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market and the futures market. The forex trading in the spot market always has been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.\
Which is the safest between the forex brokers?
To work with forex, I always focus on the best reviews like that https://fx-list.com/broker/dukascopy. All products are evaluated taking into account different risk levels and provide detailed information that allows you to navigate the market at the moment and make the right decisions. You can also categorize products, making it easier to navigate the market. Hope it will make sense for you
First, you need to be aware of how many scammers are out there. Don’t fall for flashy websites or promises of bonuses. A lot of the time, this is a way for crappy brokers to lure you in and to get you to rush to sign up with them so that you don’t notice that they have really high spreads or other disadvantages. It’s also common for bonuses to be surrounded by terms & conditions that make withdrawing your profits difficult, if possible at all.
One of the best ways to find a good broker is to check online reviews. Real people will tell you about their real experiences, which can lead you in the right direction. Of course, it’s important to remember that you can’t take every comment to heart. Some may blow their account on their own and blame their broker, or maybe they didn’t really know what they were doing, don’t understand slippage, and so on. The main thing to consider is that if you see a lot of people complaining about the same problem, then the broker probably isn’t any good.
I can recommend CedarFX as being trustworthy and they’ll likely have things that you’re looking for. For example, a $10 deposit minimum to open an account, high leverage, no commission fees, and so on. If you decide to look elsewhere, just be careful and be sure to do thorough research to find a good company!