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In how many market Forex opens and closed?
ОглавлениеOne of the main advantages of the Forex market is that it is available 24 hours a day within 5 days a week.
The stock market has time of opening and closing of trade session. And since in the Forex market sale is made through an ECN network, but not through physical trade, there is no need for closing. In a difference of time zones, there is at any time an access to the Forex market which is available to trade. The market Forex opens in Sydney in the evening of 5 o’clock in the evening on the American time. Then it moves to Tokyo, then Frankfurt, London, New York and comes back to Sydney, and again around, yet will not be closed on Friday approximately at four o’clock in the evening on the American time.
Who such trader.
The concept “trader” comes from the English word trade – “to trade”. Trading is a kind of activity on Forex which is that the trader is engaged in trade in financial instruments (currency and actions) for the purpose of receiving profit.