Forward Trading
The FORWARD trading zone allows you to perform future currency rate deals. If you do not close the deal, it will exist until its pre-set maturity date, or until the STOP-LOSS/PROFIT TAKING rate reaches the pre-determined rate, whichever comes first.

Let's assume that you are in the import-export business, and are uncertain and concerned about future fluctuations in currency exchange rates.
At Easy-Forex you can ensure a specific future rate in order to avoid the unknown impacts arising from rate fluctuations. For example, you are worried about increase of the USD against the EURO.
You want to ensure the rate for a purchase of USD 10,000 on a later date, say 60 days from today (actually, you may select a date that can be any business day up to six months from now).

Note: not only importers-exporters can benefit from FORWARDS. Importers-exporters would probably purchase the required currency, at the pre-set date and at the pre-defined rate, in order to facilitate their actual business trade. However, any person may purchase a FORWARD deal, if he is prepared to take a risk in return for possibly making a profit from such a deal.

How could you do it and benefit from this?

You could purchase a FORWARD deal, buying USD 10,000 and selling EUROS, dated 60 days from today at USD 1.0700 per EURO.

How does it work?
Let's cover it, step-by-step: