What Days Is Forex Closed?
One of people's most frequent questions for those who plan to enter and operate in the forex financial market is that they want to know on which days Forex is closed. According to many professional forex activists, one of the forex market's features that makes it more attractive than other financial markets is its working time. So, in response to the question, we say that Forex is a 24/5 market. Unlike the stock market, which has a short working time of a few hours in a trading day, the forex market is a 24-hour market, which means that you can trade at any hour that you can operate. Therefore, the forex market is available for trading 24 hours a day, five working days,except for weekends, i.e., Saturdays and Sundays.
Read more: What Is A Broker?Forex market working hours
Now, regarding the working hours of the forex market, you should know that forex is a 24/5 market. To be more precise, forex working days are five days, and you can trade from Monday to Friday. Therefore, Forex is closed on Saturdays and Sundays. Forex working hours are 24 hours, and you have no time limit for trading. If you are working and don't have access to the market until the evening, you can trade in forex after work and have a little rest. Learn about Financial markets and trading symbols in forex, and their exact trading hours.
You should also know that the forex market has Four trading sessions according to the major currency exchange centers and different time zones, which respectively include Sydney, Japan, London, and New York sessions and are known as the Tokyo, London, etc., markets, that each trader deals with his desired trades in these meetings according to their strategy and schedule, and there are no restrictions for people anywhere in the world. Click here to learn more about Forex trading sessions.
So Saturday and Sunday are weekends for the forex market. In addition to weekends, Christmas, New Year's Eve, and Thanksgiving Day are other official holidays that the Forex market is closed on these days.
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