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what are forex fx futures contracts contracts of currency futures are basically agreements between the buyer and seller where a transaction or to be more precise a set amount of currency is set to be delivered on a fixed date this date is called expiry in the future these contracts have fixed values of trade and fixed dates for exchange the contracts value in the future for all set transactions is always fixed which means no negotiation is allowed as possible in forward the profit is calculated as the difference in buying and selling rates of the currency traders understand the speculations and mostly do not hold the future contracts till the expiry dates since it would require settlement of accounts what they do instead is they trade the contracts before the expiry date so that they are able to book profit or loss before the settlement period for more details please visit .fxtray.com or mail us at contact fxtray.com have a great trading day