RetailFX is offering only spot Forex trading services with accordance to the European directives. RetailFX does not offer any other instruments (such as CFDs, Futures, or Indices, which requires a license).

Furthermore, the eToro platform is licensed to offer its platform for traders in the U.S.A. through brokers that are licensed with the National Futures Association (NFA).

Spot forex plainly refers to foreign exchange based transactions executed for immediate delivery. In the forex market, all spot market trades are actually settled at later times, but are executed right away and delivered to the trader’s account in real-time.

In the spot foreign exchange market and unlike the stock or commodity markets, no physical goods are actually delivered, so for example, when you choose to buy the EUR/USD, you do not actually receive paper notes from your dealer. All trades are plainly processed as computer transactions between the trader and the bank, broker or dealer.

Learn more about spot forex trading