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What time does forex trading start in Australia?

For Australians, forex trading kicks off at 7:00 am on Monday, and runs continuously until 7:00 am on Saturday. This extended trading window provides a distinct advantage over the stock market, which operates on a much more limited schedule. Are Forex Markets Open 24 Hours a Day? Yes, foreign exchange markets are open 24 hours during weekdays.

What are forex trading hours?

Forex market hours are broken up into four major trading sessions: Sydney, Tokyo, London and New York. These are the largest trading centres, accounting for nearly 75% of FX daily volume. The market is open from 10pm (UTC) on Sunday – when the Sydney session starts – to 10pm on Friday when the New York session closes for the weekend.

What time does the forex market open & close?

The forex market technically never closes, but retail traders can only trade the hours between Sunday at 5:00 pm ET and Friday at 5:00 pm ET. What time does the forex market open? The forex market opens on Sunday at 5:00 pm ET.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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