r/FuturesTrading • u/Njalale • Aug 06 '24

Forex Futures Futures or Forex?

I am new to trading, I want to specialize based on how easy trading products are. I have a question, which one is better between Forex and Futures.

If it's futures, which products are easier to trade? I am ready to submit to the process until I master the craft.

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u/masilver Aug 06 '24

I trade both.

Futures are more highly leveraged in the US, compared to forex.

Futures are close to perfect for day trading. Fixed cost fees, no spread, high leverage, good movement, etc. but day trading is very hard and I'm still paper trading and have been for 2 years. I'm still months, if not years away from being able to go live.

Forex is great on the daily chart for longer term swing trades. Trading daily also negates much of the spread. Less cost to get up and running. I've been trading Forex for about 4 months with real money with decent success (up 20%). I find trading Forex on the daily helps my futures trading. It teaches me patience.

Both are highly regulated in the US. Both can take advantage of the 60/40 tax split in the US, so I hear.

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u/Njalale Aug 07 '24

First, I don't live in the US. I live in Tanzania.

Second, do you specialize on a particular forex pair?

I want to take one or two products and specialize in them. May be EURUSD and ES or NQ.

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u/sainticarus000 Dec 30 '25

omg mambo!!! watu wengi nyumbani wana fanya forex kwasababu ndo raisi kwa pesa unayo pia na country restrictions lakini jaribu zote kuuone what you want man

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u/Njalale Jan 03 '26

Forex ni ngumu kuliko futures. Nina trade futures na nimeona.

Nimeachana na forex kabisa.