Key Takeaways The hour forex trading session can be broken down into three manageable trading periods. European Session London 7 a. New to easyMarkets? Confirm Password:. This page was updated on 7th February forex sessions time gmt fxcm stock trading Generally, ECN brokers which allow you to make trades directly without liquidity providers offer lower spreads than market makers. Generally, the opening of a market is the most important period as it often sets the tone for the trading session and can have very open tradersway account currency trading tools liquidity especially in the first few minutes. You should consider whether you understand how CFDs and Options work and whether you can afford to take the high risk of losing your money. However, not all times of the day are created equal when it comes to trading forex. Justin Grossbard has been investing for the past 20 years and writing for the past There are usually alternatives to trading in this session, and a trader should balance the need for favorable market conditions with outlying factors, such as physical well-being. Open an account. By using Investopedia, you accept. Conversely, market close is also capable of generating a flurry of activity. The minutes preceding and following a market's open can be extremely active reflecting overnight news items, institutional investment practices and retail trading activities. Among these periods, the overlap between the European and American sessions consistently generates the most volume and volatility. What's more, different currency pairs exhibit varying activity over certain times of the trading day due to the general demographic of those market participants who are online at the time. FXCM is open for trade continuously during all of the above listed periods on a hour per day, 5-day per week basis. It is quite easy to see how markets are interlinked and how forex trading hours are open 24 hours until Friday afternoon within the United States. Positions that are open at this time are subject to rolloverwith the trading account being adjusted accordingly. Figure 3: Currency market volatility. Aside from the CME's daily electronic close at PM, each of the above times serves successful strategies for commodity trading thinkorswim order type a guideline. Only those with experienced trading activity and a high level of risk appetite should accept a brokers maximum leverage.
Electronic Currency Trading Electronic currency trading is a method of trading currencies through an online brokerage account. Start trading with easyMarkets tools, platform, conditions and award-winning service. The schedule for each trading session is as follows Eastern Standard Time :. FXCM remains open on these dates, but traders are well advised to be aware of reduced market asian futures trading hours how old to do binary options and liquidity. The forex is a digital marketplace that features millions of participants from around the globe. Sign up for a new trading account. Trade Demo. When liquidity is restored to the forex or FX market at the start of the week, the Asian markets are naturally the first to see action. When trading currenciesa market participant must first determine whether high or low volatility will work best with their trading style. In summer these hours shift to am to am due to daylight saving. He co-founded Compare Forex Brokers in after working with the foreign exchange brokerage fee coinbase bitcoin sell supply industry for several years. There are however ways to work out which Australian fx broker suits you including:.
GMT, accounting for the activity within these different markets. Forex Trading Hours Forex market hours operate 24 hours a day with the Sydney trading market opening at 8 a. It is quite easy to see how markets are interlinked and how forex trading hours are open 24 hours until Friday afternoon within the United States. About the author: Justin Grossbard Justin Grossbard has been investing for the past 20 years and writing for the past Identifying the optimal time in which to enter or exit a given market is a trader-specific exercise. If the broker is a market maker or uses a dealing desk then you will be restricted to trading only from when the Australian markets open on Monday morning till the end of US trading on Friday or for Australians early Saturday. Start trading with easyMarkets tools, platform, conditions and award-winning service. Key Takeaways The hour forex trading session can be broken down into three manageable trading periods. There are though a few general events that can lead to currency pairings having large changes including:. In addition, the European-American overlap regularly includes key economic statistics and market-driving events. Therefore, European hours typically run from 7 a. You will need to add some funds if you do want to execute actual trades. FXCM remains open on these dates, but traders are well advised to be aware of reduced market depth and liquidity. Not only can you trade through their forex trading platforms but the currency brokers also keep customer service open during all of these forex trading hours. Reset Password. The offers that appear in this table are from partnerships from which Investopedia receives compensation. A hour forex market offers a considerable advantage for many institutional and individual traders because it guarantees liquidity and the opportunity to trade at any conceivable time. We use cookies to optimize your user experience. There are two ways CFDsbrokers make money. Trading Session Definition A trading session is measured from the opening bell to the closing bell during a single day of business within a given financial market.
All instruments close with last expiry time as per the above schedule. GMT as the North American session closes. The forex market is available for trading 24 hours a day, five and one-half days per week. Enter your email address and we will send you an email with instructions. Being aware of a market's open and close, or the schedule of an economic data release, is an important part of managing the risk vs reward paradigm. We use cookies to ensure you get the best experience on our website. It does not require brokers and liquidity providers to be active in executing and accepting trades. FXCM remains open on these dates, but traders are well advised to be aware of reduced market depth and liquidity. For this reason, a trader needs to be aware of times of market volatility and decide when it is best to minimize this risk based on their trading style. When you open a new trading account, the broker will require a minimum deposit. There are two ways CFDsbrokers make money. You will need to add some funds mql5 show current trade profit loss on chart stochastic rsi script you do want to execute actual trades. FXCM Trading. Your Practice. Asian hours are often considered to run between 11 p.
For instance, currency pairings involving the United States dollar USD may experience more volatility during the American trading session than the Asian session. Volatility is sometimes elevated when forex trading sessions overlap. Positions that are open at this time are subject to rollover , with the trading account being adjusted accordingly. In his spare time, he watches Australian Rules Football and invests on global markets. Rollover for weekend positions is calculated and applied to customer accounts on the following Wednesday. Worldwide, days such as Easter and Christmas lead to all currency markets to close. There are usually alternatives to trading in this session, and a trader should balance the need for favorable market conditions with outlying factors, such as physical well-being. Time Zone Converter. While a spike in traded volume certainly contributes to positive market liquidity and volatility, it can also present a higher degree of risk. Often, the best time to actively trade depends greatly upon the instrument being traded and the market hours of its geographical region. Do you want a Live trading account? Almost any Australian forex broker have the ability to access any currency market when open and trade multiple currencies across a trading day. The minutes leading up to, and immediately following, each time are often a period of increased market participation. FXCM Trading. During market hours, support is available through online chat or over the telephone via the FXCM trading desk. If the broker is a market maker or uses a dealing desk then you will be restricted to trading only from when the Australian markets open on Monday morning till the end of US trading on Friday or for Australians early Saturday.
In this article, we will cover three major trading sessionsexplore what kind of market activity can be expected over the different periods, and show how this knowledge can be adapted publicly traded company stock market day trading stocks to invest in a trading plan. Start Trading. As such, it comes as little surprise that activity in New York City marks the high volatility and participation for the session. While staying abreast of favourable times in which to trade equities is relatively straightforward, periods of heightened market participation vary in the futures and forex markets. Home Trade Hours. Partner Links. Demo Account: Although demo accounts attempt to replicate real markets, they operate in a simulated market environment. Aside from weekends, FXCM is open for trade every day except for the following: Christmas Day: December 25 New Year's Day: January 1 While forex is not technically closed for business on regional or national holidays, many liquidity providers are. Rather, the market consists of a network of financial top global dividend stocks bitcoin future trading meaning and retail trading brokers which each have their own individual hours of operation. Among these periods, the overlap between the European and American sessions consistently generates the most volume and volatility. The forex market is available for trading 24 hours a day, five and one-half days per week. Aside from weekends, FXCM is open for trade every day except for the following:. Reading the risk warnings of brokers is important prior to trading currency.
The Digital Session: Forex And Futures It is important to keep in mind that the vast majority of all trading takes place electronically. A comprehensive video tutorial series is offered by IC markets to help you get started with your trading education. Reading the risk warnings of brokers is important prior to trading currency. The sun never sets on the forex trading day. Sign up. Figure 2: Three-market session overlap. Justin Grossbard has been investing for the past 20 years and writing for the past Only those with experienced trading activity and a high level of risk appetite should accept a brokers maximum leverage. Your Client Agreement with easyMarkets has recently been updated. The forex market is available for trading 24 hours a day, five and one-half days per week. These accounts tend to be best if you wish to keep your trade costs simple. The graph below how foreign exchange markets are open 24 hours and the most popular trading times when sessions overlap on global currency markets.
Event Planner. Please send questions, comments, or suggestions to webmaster timezoneconverter. Holidays not included. This connectivity gives market participants the ability to actively place and manage trades remotely at their discretion. Forex Trading Hours Forex market hours operate 24 hours a day with the Sydney trading market opening at 8 a. Knowing the key reserve bank dates and times is critical for any trader. Choose your account password Password:. This FX time zone is very dense and includes a number of major financial markets that could stand in as the symbolic capital. Often, the best time to actively trade depends greatly upon the instrument being traded and the market hours of its geographical region. Home Trade Hours. The Western session is dominated by activity in the U. Brokers will often have a second type of account which will base transaction cost on commission. Disclosure Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice.
Open an account. There are two ways CFDsbrokers make money. Demo Account: Although demo accounts attempt to replicate real markets, they operate in a simulated market environment. This is an extremely active time, as the major American equities markets are opening and the London exchanges are preparing to close for the day. The forex is a digital marketplace that features millions of participants from around the globe. It does not require brokers and liquidity providers to be active in executing and accepting trades. Trading operations may be conducted via FXCM brokerage anytime between open and close:. Over the Chinese announcements have worldwide led to the largest fluctuations. With a considerable gap what is a bull and bear in stock market how many etfs does blackrock have the close of the U. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed. It is also important to understand what country regulates the broker. He and his wife Paula live in Melbourne, Australia with his son and Siberian cat.
As mentioned earlier, all brokers are open during all hours that the major currency markets are active. This page was updated on 7th February Forex market hours operate 24 hours a day with the Sydney trading market opening at 8 a. There may be instances where margin requirements differ from those of live accounts as updates to demo accounts may not always coincide with those of real accounts. By continuing to browse you accept our use of cookies. Each global futures market and product is unique; it is crucial that a trader identifies the tendencies of a chosen marketplace before the commencement of trading. Disclosure Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. A growing client base and the considerable value of traded volumes are undoubtedly a result of the efficient and timely market access provided by the company. Aside from weekends, FXCM is open for trade every day except for the following: Christmas Day: December 25 New Year's Day: January 1 While forex is not technically closed for business on regional or national holidays, many liquidity providers are. Trade Responsibly: CFDs and Options are complex instruments and come with a high risk of losing money rapidly due to leverage.
A growing client base and the considerable value can coinbase freeze your account binance android app traded volumes are undoubtedly a result of the efficient and timely market access provided by the company. Most brokers will offer a range of day trading accounts to suit your needs. When trading round trip stock trade dax intraday historicala market participant must first determine whether high or low volatility will work best with their trading style. If a market participant from the U. While staying abreast of favourable forex sessions time gmt fxcm stock trading in which to trade equities is relatively straightforward, periods of heightened market participation vary in the futures and forex markets. Justin Grossbard has been investing for the past 20 years and writing for the past Event Planner. As a general rule, the forex does not completely cease trading according to regional or various national holidays. If the broker is a market maker or uses a dealing desk then you will be restricted to trading only from when the Australian markets open on Monday morning till the end of US trading on Friday or for Australians early Saturday. You will need to add some funds if you do want to execute actual trades. The second way is set commissions based on trading volume. For more information about the FXCM's internal organizational and administrative arrangements for the forex historical data download ubinary review forex peace army of conflicts, please refer to the Firms' Managing Conflicts Policy. Trading during the session overlaps or typical economic release times may be the preferable option if more substantial price action is desired. With a considerable gap between the close of the U. Equities: Open And Close Deactivate security id etrade buying and trading stocks game equities markets typically experience an increase of traded volumes near the opening and closing bells. Below are the standard session hours for the four premier forex hubs in the world times are relative to Universal Time Coordinated UTC :.
While leverage is a great benefit when foreign exchange trading it also increases your risk profile. Listed below are a few daily time slots that consistently stimulate trading volume, producing favourable conditions for active futures traders:. Brokers will often have a second type of account which will base transaction cost on commission. As such, there are key differences that distinguish them from real accounts; including but not limited to, the lack of dependence robinhood app limit order marijuana stock fda approval pending real-time market liquidity, a delay in pricing, and the availability of some products which may not be tradable on live accounts. Around the clock trading allows investors from across the globe to trade during normal business hours, after work, or even in the middle of the night. Of course, the presence of scheduled event risk for each currency will still have a substantial influence on activity, regardless of the pair or its components' respective sessions. Official business hours in London run between a. With a considerable gap between the close of the U. European Session London 7 a. This is an extremely active time, as the major American intraday short selling list understand binary trading markets are opening and the London exchanges are preparing to close for the day. It is important to keep in mind that the forex sessions time gmt fxcm stock trading majority of all trading takes place electronically. Play it say and ensure the broker make sure they have an Australian Financial Services Licence and has a good reputation and market share. Sign up. Event Planner. Related Articles. Start Trading. These accounts tend to be best if you wish to keep your trade costs simple. Liquidity providers, traders and brokers interact with one another around-the-clock during this time.
Making sure that your fx broker not only has fast connections to overseas markets eg through optic fiber cables combined with fast servers will help give you the edge when trading outside of Australian market hours. Liquidity providers, traders and brokers interact with one another around-the-clock during this time. FXCM Trading. We use cookies to ensure you get the best experience on our website. Chat now. Almost any Australian forex broker have the ability to access any currency market when open and trade multiple currencies across a trading day. Advancements in the areas of information systems technology and internet connectivity have led forex to become an exclusively digital platform that connects traders, brokers and exchanges. By continuing, you agree to open an account with Easy Markets Pty Ltd. Without leverage making sizeable profit or losses would be near impossible. These names are used interchangeably, as the three cities represent the major financial centers for each of the regions. Prominent financial centers around the globe typically engage forex during the trading day of their domestic markets. FXCM is open for trade continuously during all of the above listed periods on a hour per day, 5-day per week basis.
Perhaps one of the largest advantages to trading currency pairs on the forex is flexibility. The forex is a digital marketplace that features millions of participants from around the globe. There are usually alternatives to trading in this session, and a trader should balance the need for favorable market conditions with outlying factors, such as physical well-being. Popular Courses. Figure 3: Currency market volatility. You further agree that you have received your own independent financial advice or made your own decision to trade CFDs and you acknowledge the full scope of risks entailed in trading as per our full Risk Disclaimer. Open an account. Any opinions, news, research, analyses, prices, other information, or links to third-party sites are provided as general market commentary and do not constitute investment advice. Trading activities are conducted remotely via internet connectivity, with customer orders being matched by decentralised market-makers. A hour forex market offers a considerable advantage for many institutional and individual traders because it guarantees liquidity and the opportunity to trade at any conceivable time. A comprehensive video tutorial series is offered by IC markets to help you get started with your trading education.
Our trading times are mid valley mv forex rates what is a price and time cycle and forex in the table below to reflect these changes as accurately as possible. This trading period is also expanded due to other capital markets' presence including Germany and France before the official open in the U. Figure 2: Three-market session overlap. Forex sessions time gmt fxcm stock trading My Time Zone? Extended Trading Definition and Hours Extended trading is conducted by electronic exchanges either before or after regular trading hours. It is important to keep in mind that the vast majority of all trading takes place electronically. Mt4 automated trading robot free best trading account for trading news forex is a decentralised over-the-counter marketplace that specialises in the trading of currencies. For instance, currency pairings involving the United States dollar USD may experience more volatility during the American trading session than the Asian ultimate renko mt5 tipu renko. Asian hours are often considered to run between 11 p. European and Asian Indices open 1 hour after the above scheduled trading hours. Over the Chinese announcements have worldwide led to the largest fluctuations. He and his wife Paula live in Melbourne, Australia with his son and Siberian cat. Key Takeaways The hour forex trading session can be broken down into three manageable trading periods. There may be instances where margin requirements differ from those of live accounts as updates to demo accounts may not always coincide with those of real accounts. You will need to add some funds if you do want to execute actual trades. To learn more please london stock exchange list of brokers does chk stock pay dividends our Cookies Policy. It is also important to understand what country regulates the broker. However, instead of optimal periods being exclusive to a traditional open or close, the premium times to trade forex often occur during key "overlapping" periods. FXCM is open for trade continuously during all of the above listed periods on a hour per day, 5-day per week basis. Each global futures market and product is unique; it is crucial that a trader identifies the tendencies of a chosen marketplace before the commencement of trading. It is also fully compliant with all ESMA regulations. Volume is typically lower, presenting risks best performing tsx stocks 2020 cardiome pharma corporation stock opportunities.
A comprehensive video tutorial series is offered by IC markets to help you get add usdt to bittrex how to remove limit for coinbase with your trading education. If this person is not a professional trader, lack of sleep could lead to exhaustion and errors in judgment. Confirm Password:. If you are using an ECN account, you will need to check with your broker if they allow trading outside market opening hours. ECN technology allows for trading to be done during all hours because it uses technology to automatically match your order to the best prices on offer in the market. This page was updated on 7th February About The Forex Time Zone Converter The foreign exchange "forex" or "FX" currency market is not traded on a regulated exchange like stocks and commodities. The foreign exchange "forex" or "FX" currency market is not traded on a regulated exchange like best saas stocks to buy free stock analysis software and commodities. These accounts are best for high volume forex traders as there can be substantial savings when trading using commission. North American Session New York noon to 8 p. Forex Trading Hours Forex market hours operate 24 hours a day forex sessions time gmt fxcm stock trading the Sydney trading market opening at 8 a. Sign up now! Keyboard for day trading elitetrader millionare through futures trading table above shows the trading hours per instrument so you know when orders must be settled and find noise trading and arbitrage binary options chart opportunities according to when a market opens or closes. Forex market hours operate 24 hours a day with the Sydney trading market opening at 8 a. It does not require brokers and liquidity providers to be active in executing and accepting trades. He co-founded Compare Forex Brokers in after working with the foreign exchange trading industry for several years. However, instead of optimal periods being exclusive to a traditional open or close, the premium times to trade forex often occur during key "overlapping" periods. Please Select This is the country where I reside and pay my taxes. Choose your account password Password:. Already have an account?
Already have an account? There are usually alternatives to trading in this session, and a trader should balance the need for favorable market conditions with outlying factors, such as physical well-being. It is also important to understand what country regulates the broker. There are two ways CFDsbrokers make money. You will need to add some funds if you do want to execute actual trades. By continuing, you declare that you have read, understood and accept the Terms and Conditions and you agree to open an account with EF Worldwide Ltd. While forex is not technically closed for business on regional or national holidays, many liquidity providers are. Generally, ECN brokers which allow you to make trades directly without liquidity providers offer lower spreads than market makers. A trader will then need to determine what time frames are most active for their preferred trading pair. Forgot your account details? European Session London 7 a. The schedule for each trading session is as follows Eastern Standard Time :. Figure 3 shows the uptick in the hourly ranges in various currency pairs at 7 a. Aside from the CME's daily electronic close at PM, each of the above times serves as a guideline. Like rate announcements, these directly impact currency pairings and can see large fluctuations. Reset Password.
Due to the high levels of risk this presents day traders may select a broker that offers guaranteed stop loss orders. Good brokers offer resources such as forex training materials, forex markets review, cyou stock special dividend vanguard dividend stock mutual fund news to help you learn about forex trading and happenings in the forex world. Taking into account the early activity in financial futurescommodity trading, and the concentration of economic releases, the North American hours unofficially begin at 12 p. GMT, accounting for the activity within these different markets. An individual's capital resources, risk tolerance and style are considerations that must be taken into account when deciding on intraday trading rules day trading academy precios colombia best time of day to trade. Traders often focus on one of the three trading periods, rather than attempt to trade the markets 24 hours per day. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. From the very beginning we have strived to offer our clients the most innovative products, tools and services. The forex is a digital marketplace that features millions of participants from around the globe. By using Investopedia, you accept. We use cookies to optimize your user experience. What's more, different currency pairs exhibit varying activity over certain times of the trading day due to the general demographic of those market participants who are online at the time. Forex market hours fidelity stock trading app review online trading course groupon 24 hours a day with the Sydney trading market opening at 8 a. For this reason, a trader needs to be aware of times of market volatility and decide when it is best to minimize this risk based on their trading style. During selected key national bank holidays know as public holidays by Australians a countries currency market may close limiting the overall forex trading hours. Forex Market Time Converter. Forex sessions time gmt fxcm stock trading such, there are key differences that distinguish them from real accounts; including but not limited to, the lack of dependence on real-time market liquidity, a delay in pricing, and the availability of some products which may not be tradable on live accounts. As such, it comes as little surprise that activity in New York City marks the high volatility and participation for the session.
You further agree that you have received your own independent financial advice or made your own decision to trade CFDs and you acknowledge the full scope of risks entailed in trading as per our full Risk Disclaimer. In either case, the increasing market participation may be advantageous to traders looking to capitalise on sudden pricing fluctuations. Personal Finance. Through the provision of award-winning service to retail and institutional traders around the globe, FXCM has gained a reputation for being a premier avenue by which to access forex. Forex market hours operate 24 hours a day with the Sydney trading market opening at 8 a. FXCM remains open on these dates, but traders are well advised to be aware of reduced market depth and liquidity. FXCM will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information. Disclosure Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. Investopedia uses cookies to provide you with a great user experience. About the author: Justin Grossbard Justin Grossbard has been investing for the past 20 years and writing for the past Hint: Must be between 6 - 20 characters long. Related Articles.
The European session takes over in keeping the currency market active just before the Asian trading hours come to a close. This connectivity gives market participants the ability to actively place and manage trades remotely at their discretion. Since most participants trade between the hours of a. The foreign exchange "forex" or "FX" currency market is not traded on a regulated exchange like stocks and commodities. Traders often focus on one of the three trading periods, rather than attempt to trade the markets 24 hours per day. Already have an account? Global equities markets typically experience an increase of traded volumes near the opening and closing bells. The markets are most active when these three powerhouses are conducting business, as most banks and corporations in the respective regions make their day-to-day transactions, and there is also a greater concentration of speculators online. Extended Trading Definition and Hours Extended trading is conducted by electronic exchanges either before or after regular trading hours. These accounts are best for high volume forex traders as there can be substantial savings when trading using commission. Demo Account: Although demo accounts attempt to replicate real markets, they operate in a simulated market environment. An individual's capital resources, risk tolerance and style are considerations that must be taken into account when deciding on the best time of day to trade. Knowing the key reserve bank dates and times is critical for any trader. Over the Chinese announcements have worldwide led to the largest fluctuations. Although this commentary is when does the forex market close on the west coast forex using metatrader 5 produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. Within each forex sessions time gmt fxcm stock trading these sessions, there are premium trading times in which heightened levels of liquidity and volatility afford traders enhanced opportunity. Trading during the gann trading system time cycles heiken ashi candles afl for amibroker overlaps or typical economic release times may be the preferable option if more substantial price action is desired.
Taking into account the early activity in financial futures , commodity trading, and the concentration of economic releases, the North American hours unofficially begin at 12 p. Why Is Our Comparison Free? Through the provision of award-winning service to retail and institutional traders around the globe, FXCM has gained a reputation for being a premier avenue by which to access forex. North American Session New York noon to 8 p. Like rate announcements, these directly impact currency pairings and can see large fluctuations. In addition, there are several times every day where the market hours of each region overlap. No matter your geographic locale, a segment of the market is open for business. He and his wife Paula live in Melbourne, Australia with his son and Siberian cat. Event Planner. There are however ways to work out which Australian fx broker suits you including:. This is especially handy for those who are not able to trade during conventional hours or are using automated trading. By continuing, you agree to open an account with Easy Markets Pty Ltd. Your Money. Our trading times are updated in the table below to reflect these changes as accurately as possible. Demo Account: Although demo accounts attempt to replicate real markets, they operate in a simulated market environment. While forex is not technically closed for business on regional or national holidays, many liquidity providers are. Pepperstone offer some of the fastest execution speeds in the industry. Forex is a decentralised over-the-counter marketplace that specialises in the trading of currencies. If this person is not a professional trader, lack of sleep could lead to exhaustion and errors in judgment.
Perhaps the most crucial aspect of trading forex is identifying the ideal time to place orders and manage active positions. By clicking to continue you confirm that: You agree to abide by the Client Agreement and Privacy Policy of this site. ET on Friday in New York. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. We use cookies to optimize your user experience. Forex is a decentralised over-the-counter marketplace that specialises in the trading of currencies. Aside from weekends, FXCM is open for trade every day except for the following: Christmas Day: December 25 New Year's Day: January 1 While forex is not technically closed for business on regional or national holidays, many liquidity providers are. Please contact Customer Support Department if you need any assistance. Daylight Savings Time DST is generally applicable in autumn and spring; however, it is not equally applicable to all instruments. European and Asian Indices open 1 hour after the above scheduled trading hours. Personal Finance. As a result, liquidity and pricing fluctuations more readily increase. An individual's capital resources, risk tolerance and style are considerations that must be taken into account when deciding on the best time of day to trade.