Why are the forex market’s trading times important? They should also bear in mind, that no single forex trading session is open 24 hours on its own but rather, the forex market itself is open 24 hours because of the different sessions during which trades can be made. It is important to remember that forex trading hours can vary in March, April, October and November, as countries shift to and from daylight savings or summer times on different days. The US is the last session to open and to close, with trading in New York starting at 12pm (UK time) and closing at 9pm (UK time), at which point the Sydney session opens again. The next session to open is Europe, with London – the largest forex centre in the world – opening at 8am (UK time) and closing at 4pm (UK time). Tokyo – also part of the Asia-Pacific session – opens at 12am (UK time) and closes at 9am (UK time). The first of these to open is the Asia-Pacific session, with Sydney opening at 9pm (UK time) and closing at 6am (UK time) the following morning. Any positions left open past 8.40pm (UK time) on a Sunday will roll over into weekday positions when those markets resume 20 minutes later at 9pm (UK time).īroadly speaking, there are three main sessions to trade forex: the Asia-Pacific session, the Europe session and the US session. Our weekend forex trading hours run from 4am Saturday to 8.40pm Sunday (UK time). This means you never need to miss an opportunity to trade, as well as enabling you to hedge your weekday GBP/USD positions with a weekend trade on the same market. Ready to start trading forex? Practise with a demo account or open a live account to get startedĪlthough the forex market is usually closed over the weekend, IG is the only UK provider to offer weekend trading on the GBP/USD currency pair.
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