I want to put a small investment into the Iraqi Dinar and hold it for the long run. Would it be better to just purchase the cash or buy over a forex account. I no nothing about forex or its cons vs holding cash. I am aware of the risk of holding the Dinar and the banks not taking it. Any expert advise would be helpful.

Answer
mmmmmmmmm,

I would exchange it up while you can into $$

I think this wll remain the strongest currency for the future,

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what is the real difference between forex spot and forex future.?

besides that futures are centralized ecns at chicago and spot is none centralized.
and besides the time difference of operations.
please don't explain how its derived from the forward price etc..

Answer
There's just a difference in the premium, like in S&P futures vs index.

I've gotten better fills in the futures, especially when trading the reports, because futures are regulated by somebody and they can't rape you as easily, I suppose.

Liquidity is excellent in the futures, just can't get that insane 100:1 leverage.