Step 1: Understand the statement about the Forex market
The statement claims that the Forex market does not have a distinction between a spot market and a futures market.

Step 2: Clarify the nature of the Forex market
The Forex market is a global market where individuals, businesses, and institutions trade currencies、It is known for its liquidity and operates 24/5.

Step 3: Examine the existence of spot and futures markets in Forex
In the Forex market, transactions can be settled in various ways, including spot, forward, and swap transactions、The spot market involves the immediate exchange of currencies, while futures contracts are agreements to exchange currencies at a future date.

Step 4: Determine if Forex has both spot and futures components
The Forex market indeed has a spot market where currencies are traded for immediate delivery (typically within two business days)、Additionally, it has a forward market and futures market for trading currencies at a future date.

Step 5: Evaluate the statement
The statement that the Forex market does not have a distinction between a spot market and a futures market is not accurate、The Forex market includes both spot transactions and derivatives like forwards, futures, and options, which are used for hedging and speculation.

Step 6: Consider the specifics of Forex futures
While the primary Forex market is an overthecounter (OTC) market, futures contracts on currencies are traded on exchanges like the Chicago Mercantile Exchange (CME)、This indicates a clear distinction between spot and futures markets within the broader Forex context.

Step 7: Conclusion
The Forex market does have distinctions between different types of transactions, including spot and futures、Thus, the statement is incorrect.

The final answer is: $\boxed{√}$