Not a forex trader, but want to make a medium term directional bet for hedging purposes.
I am not really a forex trader, but I want to make a leveraged directional bet on AUD/USD pair. The time frame of the trade is going to be somewhere between 3-9 months of holding time. Which tool would be best to do so?
CFDs, ig, etoro, etc...
Options, exchanged traded
Futures, exchanged traded
Leveraged spot via broker, i.e. Oanda, etc...
Which tool should I investigate? and what is the advantages of each of them vs other, any other tools I am missing.
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