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How Does Futures Trading Compare to CFD (Forex) Trading?

Updated over 2 months ago

TL;DR: Futures trading involves contracts on regulated exchanges, offering price transparency and risk control, while Forex (CFD) trading is decentralized with flexible position durations and higher leverage.

Futures are contracts that let traders agree to buy or sell an asset at a set price, but on a future date. Instead of owning the asset, traders speculate on whether its price will go up or down. This makes it a popular choice for trading commodities like oil, gold, stock indices, and even currencies.

Futures allow traders to either protect their investments or take advantage of market shifts for potential profit. It's a way to gain exposure to big markets without having to actually own the assets.

At FundedNext, we offer traders the chance to trade futures using simulated capital. This means you can focus on refining your strategies without the risk to your personal finances. Profitable traders enjoy keeping a share of their earnings while benefiting from a well-structured, risk-managed environment.

Futures vs. Forex Trading: Key Differences

Feature

Futures Trading

CFD (Forex) Trading

Market Structure

Traded on regulated exchanges (e.g., CME Group, NYMEX)

Decentralized over-the-counter (OTC) market

Asset Types

Commodity Futures: Crude Oil, Gold, Natural Gas

Index Futures: S&P 500 E-mini, NASDAQ 100 E-mini

Currency Futures: EUR/USD, JPY/USD Interest rates: U.S. Treasury Bonds

Currency Pairs:

EUR/USD,GBP/USD, USD/JPY

Commodities:

Gold, Oil, Silver

Indices:

S&P 500, NASDAQ 100

Stocks: AAPL, TSLA

Cryptocurrencies: BTC/USD, ETH/USD

Trading Hours

Exchange-traded with set hours (e.g., CME: Sunday 6:00 PM – Friday 5:00 PM EST), daily breaks, and some nearly 24/6 trading, all subject to contract expirations.

24/5 continuous trading from Sunday 5:00 PM EST to Friday 5:00 PM EST, with no exchange restrictions but asset-specific trading hours.

Price Transparency

Centralized exchange pricing ensures fairness

Prices vary between brokers due to decentralization

Expiration

Contracts have expiration dates

Positions can be held indefinitely

Regulation & Standardization

Highly regulated with standardized contract sizes and expiration dates

Less standardized, with variable lot sizes and broker-dependent execution

  • Futures trading offers greater price transparency, standardized contracts, and built-in risk control, making it ideal for traders who prefer structured markets.

  • Forex trading provides greater flexibility in position duration and accessibility but comes with decentralized pricing and higher leverage risks.

Forex vs. Futures Instrument Names

Instrument

Forex Symbol

Futures Symbol

Dow Jones

US30

YM

Nasdaq 100

NAS100

NQ

S&P 500

SPX500

ES

Gold

XAUUSD

GC

Crude Oil

WTI Crude

CL

Euro FX

EUR/USD

6E

Key Terminology Differences

Forex Term

Futures Terms

Pips

Ticks

Pairs

Products/Instruments

Lots

Contracts

Why Trade Futures with FundedNext?

At FundedNext, we offer traders:

  • Simulated Capital: No need to risk personal funds

  • Access to Advanced Trading Platforms: Including Tradovate, NinjaTrader, and TradingView.

  • Growth-Focused Trading Environment: Designed to protect your progress and support your journey as a professional trader.

  • Structured Evaluation Programs: Designed to develop and reward profitable traders

Whether you're transitioning from Forex to Futures or just starting your trading journey, FundedNext offers the tools, resources, and support you need to succeed.

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