A futures contract is an agreement between a buyer and a seller to buy or sell an asset at a specified future date and price. Each futures contract represents a specific amount of a given security or commodity. Among the most widely traded commodity futures contracts are crude oil and corn.
Initially, futures contracts were designed to allow farmers to hedge against changes in the prices of their crops between planting and bringing their harvest to market. While producers and end users continue to use futures to hedge against risk, investors and traders of all types use futures contracts to speculate.
The top advantages of trading futures contracts are the absence of an actual goods delivery and full payment for a basic asset. It would be enough to introduce margin payment - a certain amount of money that should be available at the client’s deposit when the contract is made. This payment usually amounts to several thousand US dollars, a considerable sum for small investors and private people.
FxxTrader allows trading futures for:
• precious metals
• market indices
FxxTrader provides access to a multifunctional trade platform with a large variety of analytic functions. All the capabilities of the trade terminal and your trading skills can be tested on a free demo account that should not be replenished by real money.
We also offer you support from professional experts 24 hours per day. You can make use of leverage (1:100), and hedge your positions.
Start trading futures with a reliable broker just now!