When is the Forex Market Open?

Here I will discuss the trading times and as you will see, there is ample time to trade
Forex. As stated earlier, it is a market that is open longer than it is closed. As most
people would be aware if you were trading stocks then you would trade these
through an exchange, whether it was the New York Stock Exchange or the
Australian Stock Exchange. Forex trading does not have any central exchange as
such. All trading is done through the banks or market makers, which are basically

the brokers that traders like you and I would use.

Forex trading follows the world's time zones and is broken down into three major
time zones.

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: The first to open is Asia, which includes New Zealand, Australia, Singapore,
Japan etc. This is called the Asian session and is normally the quietest of the
sessions with regards to trading volume.
: This is then followed by the European session. In the meantime, traders in the
Middle East are kicking in, and then all the major European centres, where
eventually London opens. The European session is the main session as it normally
has the greatest volume traded. You have to remember also that London is the
financial capital of the world, even though most people think it is Wall Street in the
US.
: The last session to open is the US session, and this session can also be very
frantic, especially early in the day where there can at times, be major news releases
that have a big effect on the US dollar its