Water Soluble Flux
Water soluble flux, also called organic acid flux, is typically made from glycol bases. The downside to using water soluble flux is it often bonds with the circuit board itself or other metal surfaces, and as a result will require thorough cleaning. In addition, water soluble flux tends to be a more aggressive oxidizer than is usually required. Organic flux is more reactive than rosin activated flux and is thus a stronger cleaner. (Note: You can also find inorganic water soluble flux, which is even more powerful than water soluble flux.)
No-Clean Flux
No-clean flux is a mixture of organic resins — aside from rosin — mixed with certain inorganic agents. The behaviors and properties of no-clean fluxes can vary significantly depending on their respective chemical composition; for example, some no-clean fluxes leave a tremendous amount of residue, which is unattractive, though it is no threat to the surface. You can, however, find no-clean fluxes that won’t leave residue behind. The main advantage of using a no-clean flux is that you won’t need to clean the surface after soldering, because they do not affect electrical conductivity.