|
Post by Segwin on Aug 28, 2015 6:14:54 GMT -5
What are the major differences between Forex and Futures scalping AB?
I've applied for an account with NT. Interested in learning.
|
|
|
Post by traderAllen on Jan 12, 2016 23:59:21 GMT -5
Somehow I managed to overlook this question. Futures is a derivative from the spot Forex price they are similar in some ways in different than others. The biggest difference is Forex being an unregulated market, meaning it's much more open to unscrupulous brokers and market manipulation. In the futures market everybody sees the same price. In the Forex market margin is not as much of a concern when your trading with a small account. In the futures market it's very much a concern. You have daytrading margin, maintenance margin, and overnight margin to be aware of.
The spot Forex market is where you want to be when you're starting out because you can trade smaller meaning you can risk smaller. If you cannot make a profit when your trading only one micro, there is no sense trying to trade any larger. There are other differences but these to me are the main ones.
|
|