Why Foreign Exchange market open 24 hours a day, 5 days a week

Michael Fasogbon

Updated:
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


The foreign exchange market is a 24-hour non-stop market. The most obvious difference from other trading markets is the continuity of time and the non-binding in space!

Our Forex Signals
Forex Signals – 1 Month
  • Up to 5 Signals Sent Daily
  • 76% Success Rate
  • Entry, Take Profit & Stop Loss
  • Amount to Risk Per Trade
  • Risk Reward Ratio
  • VIP Telegram Group

39£

Forex Signals – 3 Months
  • Up to 5 Signals Sent Daily
  • 76% Success Rate
  • Entry, Take Profit & Stop Loss
  • Amount to Risk Per Trade
  • Risk Reward Ratio
  • VIP Telegram Group

89£

MOST POPULAR
Forex Signals – 6 Months
  • Up to 5 Signals Sent Daily
  • 76% Success Rate
  • Entry, Take Profit & Stop Loss
  • Amount to Risk Per Trade
  • Risk Reward Ratio
  • VIP Telegram Group

129£

The 24-hour openness of the foreign exchange market gives traders a number of unique advantages that are not available in other markets.

Sort By

4 Providers that match your filters

Payment methods

Trading platforms

Regulated by

Support

Min.Deposit

$ 1

Leverage max

1

Currency Pairs

1+

Classification

1or more

Mobile App

1or more
Recommended

Rating

Total cost

$ 0 Commission 3.5

Mobile App
10/10

Min.Deposit

$100

Spread min.

Variables pips

Leverage max

100

Currency Pairs

40

Trading platforms

Demo
Webtrader
Mt4
MT5

Funding Methods

Bank Transfer Credit Card Giropay Neteller Paypal Sepa Transfer Skrill

Regulated by

FCA

What you can trade

Forex

Indices

Actions

Cryptocurrencies

Raw Materials

Average spread

EUR/GBP

-

EUR/USD

-

EUR/JPY

0.3

EUR/CHF

0.2

GBP/USD

0.0

GBP/JPY

0.1

GBP/CHF

0.3

USD/JPY

0.0

USD/CHF

0.2

CHF/JPY

0.3

Additional Fee

Continuous rate

Variables

Conversión

Variables pips

Regulation

Yes

FCA

No

CYSEC

No

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

No

CBFSAI

No

BVIFSC

No

FSCA

No

FSA

No

FFAJ

No

ADGM

No

FRSA

71% of retail investor accounts lose money when trading CFDs with this provider.

Rating

Total cost

$ 0 Commission 0

Mobile App
10/10

Min.Deposit

$100

Spread min.

- pips

Leverage max

400

Currency Pairs

50

Trading platforms

Demo
Webtrader
Mt4
MT5
Avasocial
Ava Options

Funding Methods

Bank Transfer Credit Card Neteller Skrill

Regulated by

CYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA

What you can trade

Forex

Indices

Actions

Cryptocurrencies

Raw Materials

Etfs

Average spread

EUR/GBP

1

EUR/USD

0.9

EUR/JPY

1

EUR/CHF

1

GBP/USD

1

GBP/JPY

1

GBP/CHF

1

USD/JPY

1

USD/CHF

1

CHF/JPY

1

Additional Fee

Continuous rate

-

Conversión

- pips

Regulation

No

FCA

Yes

CYSEC

Yes

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

Yes

CBFSAI

Yes

BVIFSC

Yes

FSCA

Yes

FSA

Yes

FFAJ

Yes

ADGM

Yes

FRSA

71% of retail investor accounts lose money when trading CFDs with this provider.

Rating

Total cost

$ 0 Commission 6.00

Mobile App
7/10

Min.Deposit

$10

Spread min.

- pips

Leverage max

10

Currency Pairs

60

Trading platforms

Demo
Webtrader
Mt4

Funding Methods

Credit Card

What you can trade

Forex

Indices

Cryptocurrencies

Average spread

EUR/GBP

1

EUR/USD

1

EUR/JPY

1

EUR/CHF

1

GBP/USD

1

GBP/JPY

1

GBP/CHF

1

USD/JPY

1

USD/CHF

1

CHF/JPY

1

Additional Fee

Continuous rate

-

Conversión

- pips

Regulation

No

FCA

No

CYSEC

No

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

No

CBFSAI

No

BVIFSC

No

FSCA

No

FSA

No

FFAJ

No

ADGM

No

FRSA

Your capital is at risk.

Rating

Total cost

$ 0 Commission 0.1

Mobile App
10/10

Min.Deposit

$200

Spread min.

- pips

Leverage max

500

Currency Pairs

40

Trading platforms

Demo
Webtrader
Mt4
STP/DMA
MT5

Funding Methods

Bank Transfer Credit Card Neteller Skrill

What you can trade

Forex

Indices

Actions

Raw Materials

Average spread

EUR/GBP

-

EUR/USD

-

EUR/JPY

-

EUR/CHF

-

GBP/USD

-

GBP/JPY

-

GBP/CHF

-

USD/JPY

-

USD/CHF

-

CHF/JPY

-

Additional Fee

Continuous rate

-

Conversión

- pips

Regulation

No

FCA

No

CYSEC

No

ASIC

No

CFTC

No

NFA

No

BAFIN

No

CMA

No

SCB

No

DFSA

No

CBFSAI

No

BVIFSC

No

FSCA

No

FSA

No

FFAJ

No

ADGM

No

FRSA

71% of retail investor accounts lose money when trading CFDs with this provider.

Foreign Exchange market

The fact that the foreign exchange market does not close within a week means that traders can adjust their positions at any time based on upcoming risks and opportunities, and trade when they coincide at different trading hours to obtain more profit opportunities.

Forex trading time is generally divided into four phases: Sydney, Tokyo, London/Europe, and New York.

Traders can arrange their own trading hours according to their own schedule. Similarly, when there are major events in the global market, or there is a significant overnight news, Forex traders can also close out at any time, or buy at any time.

This is very different from the traders who trade stocks: when the stock market changes or because of the impact of large events, they can only stand by, and the foreign exchange traders can close the position to reduce the risk without waiting for the opening.

Perhaps the word “money never sleeps” was created by the foreign exchange market. The foreign exchange market is made up of a global network of interconnected banks that provides 24-hour trading opportunities.

This means that for any trader, trading an interest rate decision at 12 o’clock in Australia is as simple as trading a rate decision at 2 pm New York time.

This gives the foreign exchange market a unique advantage over the stock market.

Time overlap in the Forex market

The Forex market is the largest financial market in the world, with a daily trading volume of up to $ 2 trillion.

To become a successful forex trader, one must carefully study all the important aspects of the foreign exchange market, including the forex trading hours. But what exactly are the trading hours or trading sessions?

These are those hours during which market participants have the opportunity to trade the various Forex pairs.

Foregin Exchange market

It is no secret that the FX market can be traded 24 hours, 5 days a week. The international currency market is mainly composed of banks, various companies, central banks, hedge funds, and investment firms. Furthermore, smaller Forex brokers and private investors also participate.

Since the FX market operates in various time zones, it is possible to trade it almost always. Moreover, the market is not dependent on a single stock market but consists of a global network of exchanges and brokers.

The aforementioned trading hours refer to the times when the market is open in most of the participating countries. It is believed that when one big FX market closes, another one just opens.

It is important to know the times when the market is most active. For example, the New York Session takes place from 08:00 to 17:00 EST, Tokyo 19:00 to 04:00 EST, Sydney from 17:00 to 02:00 EST, and London from 3:00 to 12:00 EST.

The largest volume of trades takes place at times when the international sessions overlap.

The Forex trading hours

As mentioned earlier, one of the most attractive features of the Forex market is that it is open 24 hours. This allows investors around the globe to trade during normal business hours, i.e., after work or at night.

Nevertheless – not all times open up the same opportunities for the traders. There are trading periods when prices are constantly volatile but also periods when they are almost at a standstill.

Many currency pairs have varying activity during a trading day. This circumstance can be attributed to the demographics of the respective market participants.

Even if a 24-hour market offers a significant advantage to many individual and institutional traders, it still carries some risks that should not be underestimated.

Although different currencies can be traded at any time, a trader cannot continuously monitor a position.

As a result, there are times when opportunities cannot be exploited or worse when the market moves against a set order.

To minimize such risks, the trader must be aware of when the market has the highest volatility and infer, which trading hours best fit his trading plan.

Typically, the market is divided into three primary trading sessions with the highest levels of activity: the Asian, European, and North American trading sessions.

More commonly known as Tokyo, London, and the New York Session, these are the centers of the financial industry on each continent.

Markets are the most active during these three windows, with the majority of banks and companies doing their daily transactions during these trading hours. In addition, a larger number of speculators are online during peak times.