Having a foreign exchange retail right means having a foreign exchange license, and you can do foreign exchange margin trading, which is what you usually call a brokerage. The futures trading license, that is, the business license of a financial institution, is the official document approving the financial institution to carry out business.
Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with certain mass products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Foreign exchange is the creditor's rights held by the monetary authorities in the form of bank deposits, treasury bonds and long-term and short-term government securities. , which can be used when the balance of payments is in deficit.