Forex Futures are derivative contracts in which a buyer and seller trade foreign exchange currency pairs such as EUR/USD at a fixed price, amount, and time in the future. Trading Forex Futures allows you to get access to the Forex market while benefiting from smaller, highly-liquid positions in the future. Compared to traditional Spot Forex, whereby the currency pairs are traded on the spot, in a Forex Futures contract, for example, you might buy a certain number of EUR/USD Futures contracts to lock in an exchange rate, and then, if the contract expires you must buy the USD at a hopefully higher value, thus potentially benefiting from it. However, you need to keep in mind that even if its value drops, you will still be obligated to buy it at that predetermined time.