Where Can You Buy One-time Forex Futures Contract?

I am planning to attend university in Britain next year, but I currently get paid in USD. I want to take advantage of the low USD-GBP exchange rate to buy a one-time futures contract so that when I actually have my money in USD in 9 months, I can buy GBP at a guaranteed rate. I am planning to convert about $20k. Where would be the best place to buy this contract, any idea about how much it can cost (hundreds? thousands)? thanks.

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One Response to “Where Can You Buy One-time Forex Futures Contract?”

1. Timothy Stevens says:

   December 27, 2009 at 4:59 am

   Hi there,
   Opening up an account with SaxoBank, It’s a international bank.
   Use their trading platform on forex options.
   Long a PUT Options on GBP/USD for 9 months and the premium is 0.105 .
   0.105 : 20,000 X 0.105 = $2100