Forex trading involves risk. Losses can exceed deposits

Forward contract definition

Forex trading involves risk. Losses can exceed deposits

A forward contract is a contract that has a defined date of expiry. The contract can vary between different instances, making it a non-standardized entity that can be customised according to the asset being traded, expiry date and amount being traded.

Forward contracts have an agreed expiry on them, but that does not mean that they have to be kept open for the duration. Most forward contracts can be closed early, if you want to limit losses or take profits.

Visit our education section

Find out more about forward contracts in our education section.

Contact us

New Accounts

1 844 IG USA FX

newaccounts.us@ig.com

Trading Services

1 312 981 0498

helpdesk.us@ig.com