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What is a spot trade?
What is a spot trade?

An fx spot trade is a method of buying and selling currencies (click to read full definition and learn how to do a spot trade with amnis).

Sabrina Maly avatar
Written by Sabrina Maly
Updated over a year ago

What is a spot trade?

In a spot transaction, a currency is bought or sold against another currency for instant delivery at the current exchange rate. This exchange rate is also referred to as the "spot rate".

The settling of a spot transaction usually takes place within two days (t+2). With amnis, you can also trade same day.

Learn here how to book a spot fx trade with amnis.

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