Understanding Forex Market Hours: 24/7 Trading Explained

The FOREX market hours of operation are 24 hours per day, five days per week. This investment market never closes, unlike the other major trading markets. Even though the stock exchange closes at the normal time, the FOREX market keeps going all night long. So how does the FOREX market trade all the time? 

Global Market

The reason that FOREX traders are able to trade 24 hours per day is that the market is a global market. There is no centralized exchange as if you were trading stocks at the New York Stock Exchange. There are always markets open all over the world with FOREX. 

The market is traded online through online FOREX brokers. Therefore, when you want to trade FOREX, you simply log on to your computer and use your trading platform. 

Trading Sessions

There are three main sessions that take place every day in FOREX. The first major session is the London, England session. After that session opens, the New York session opens up for trading. During the late afternoon, the New York session closes and the Asian session opens up soon after. During these sessions, the respective currencies of those countries tend to be traded more. However, there is always someone trading FOREX at all hours of the day.