Advertisement
Last Articles
- FOREX Brokers - Interbank Market
- Forex Misconceptions
- Structure of the Forex Market
- Tricks Of The Successful Forex Trader
Last News
What is a Forward deal?
A forward deal is a contract where the buyer and seller agree to buy or sell an asset or currency at a spot rate for a specified date in the future (usually up to 60 days). Forward contracts are conducted as a way to cover (hedge) future movements in exchange rates. Margin spreads are higher than in Day Trading but no renewal fees are charged.
Tags: forward deal buyer asset currency date rates fees charged