Forex Trading Concepts
When can I trade forex?
You can trade forex 24 hours a day, five days a week. The foreign exchange markets are worldwide and therefore follow a 24-hour global timetable.
The trading week for forex begins on Monday morning in Sydney, Australia and follows the sun westward as the world’s major capital markets open and close from Tokyo to London and finally closing on Friday evening in New York.
Unique benefits of a 24 hour market:
- React to global trading opportunities whenever they arise
- Trade when it’s convenient for you
- Take advantage of periods of higher volatility when markets overlap
Forex trading involves significant risk of loss and is not suitable for all investors.