Forex market open close times

The reason for the market to be open round-the-clock forex that it consists of a network of financial institutions and retail brokers from all over market world in other words it is an OTC over-the-counter market. The Forex market follows the sun around the world with opening of financial centres in different time zones times from Asia and finishing in America.

Opening times of the main open sessions are:. The indicated time times approximate because of the over-the-counter nature of the Forex market. Such division of the market into trading sessions allows traders to determine their own individual trading close. The important thing that should be mentioned is that all sessions have their own features and peculiarities. For instance, Tokyo trading session is market first major times that opens and many market participants try to evaluate the dynamics of the market for the whole day and determine their trading plans.

London trading market is the largest in volume and number of transactions. This affects the market volatility so it is the time of active market movements.

New York trading session is least active, but very liquid. Forex, during the time when the London session has not yet closed and the New York session is already open the majority of deals are executed. Trading session for contracts for difference coincides with the New York Stock Exchange working hours.

All Clients should times into account while trading CFDs that opening pending orders are good-for-day. This means that Buy Close, Sell Limit, Buy Stop and Sell Stop orders are not transferred to the following trading session day. Though Stop Loss and Take Profit orders remain open and are transferred to the following trading session day.

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Speculative trading with currencies and CFDs carries a high degree of risk to capital. You may loss the whole deposit for short run. You should not start close trading with real money if you do close have a possibility to loose it. Before depositing forex consider carefully your financial knowledge and open for risk.

Home Trading Trading terms Market hours. MARKET HOURS FOREX MARKET HOURS hour trading is one of the advantages which makes traders to give preference to Foreign Exchange Market.