NFATrading in the Retail Off-Exchange Foreign Currency Market

In this publication, the NFA answers frequently asked questions in regards to FX trading such as:

  1. What are foreign currency exchange rates?
  2. How can I trade foreign currency exchange rates?
  3. How does the off-exchange currency market work?
  4. How are foreign currencies quoted and priced?
  5. What transaction costs are paid when trading Forex?
  6. How do I offset a trade in FX?
  7. How are Forex trading profits and losses calculated?
  8. How much money is needed to trade Forex?
  9. Is it possible to trade options on FX?
  10. What are the risks of trading Forex?
  11. Is off-exchange foreign currency trading regulated?

Click here to read the NFA's report on FOREX

Futures and Options Trading Booksby Carley Garner

What People are Saying about Our Commodity Trading Books

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To look at commission rates objectively, we must understand the background of the futures industry and how brokerages accept risk for fees.

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Deciding on a commodity brokerage firm is a significant decision and shouldn’t be taken lightly. Not all traders and brokers are compatible.

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Choosing a Futures and Options Broker

Most traders in search of a futures broker are concerned primarily with trading platforms, commission, and quality guidance.

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The Truth about Futures Commission

The goal of futures trading should be to MAKE money, not SAVE it! Discount commodity brokers cut corners that cost their clients time & money.

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Commodities via Futures or ETFs?

A key difference to trading commodity futures over ETFs is leverage, but there is more to discuss, such as taxes, market hours, and efficiency.

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