What Times Does The Forex Market Open In India?
Date
7/17/2024 3:31:59 AM
(MENAFN- Daily Forex) -content">The Forex market operates 24/5 without an official opening and closing time, but there is a start to the trading week and an end to the trading week. Forex trading starts Sunday at 22:00 GMT and ends Friday at 20:00 GMT, which translates to Forex market hours in India starting from Monday 03:30 IST, and ending Saturday 03:30 IST.The best time to trade Forex in India, from a technical perspective, is during the most liquid trading sessions.Top Forex Brokers 1 Get Started 74% of retail CFD accounts lose money
Understanding Forex Market Timing in IndiaThe Forex market operates on a decentralized network without official opening and closing times, but four Forex centers account for most of the daily trading volumes and dictate price action. While forex brokers in India enable traders to place trades from Monday 03:30 IST to Saturday 03:30 IST, they should consider unofficial Forex market hours in India related to the core Forex centers in Sydney, Tokyo, London, and New York, as they provide the most forex liquidity .The reasons why liquid trading sessions are the best include: More liquidity, which results in tighter spreads Tighter spreads lead to higher profits
Which Forex trading sessions are the most liquid? The last two hours of the New York trading session The first hour of the Tokyo trading session The last hour of the Sydney trading session The first two hours of the London trading session and the last hour of the Tokyo trading session The first two hours of the New York trading session and the last two hours of the London trading session
Forex Market Opening and Closing Times in IndiaThe Forex market operates 24/5, and Indian Forex traders must know the Forex market hours in India from the four major Forex centers, as they impact liquidity, trade execution, and trading fees . Sydney Forex trading session
Local TimeGMT TimeGMT Time
| Open | Monday 08:00 | Sunday 22:00 | Monday 03:30 |
| Close | Monday 16:00 | Monday 06:00 | Monday 11:30 Tokyo Forex trading session
Local TimeGMT TimeGMT Time | Open | Monday 08:00 | Sunday 24:00 | Monday 05:30 | | Close | Monday 18:00 | Monday 09:00 | Monday 14:30 London Forex trading session
Local TimeGMT TimeGMT Time | Open | Monday 08:00 | Monday 07:00 | Monday 13:30 | | Close | Monday 16:00 | Monday 15:00 | Tuesday 21:30 New York Forex trading session
Local TimeGMT TimeGMT Time | Open | Monday 08:00 | Monday 12:00 | Monday 18:30 | | Close | Monday 16:00 | Monday 20:00 | Tuesday 03:30 When is the Best Forex Trading Time in India?The best time to trade is when traders decide to trade, but the Forex market hours in India for Indian Rupee futures are Monday through Friday between 09:00 (IST) and 17:00 (IST).Weekend Gaps and Market ContinuityThe Forex market stops trading on Friday at 20:00 GMT until it starts again on Sunday at 22:00 GMT, known as the weekend gap. Numerous events may impact the Forex market, which may create price action gaps when trading resumes on SundayThe Forex market has no official opening and closing bell but operates 24/5. The most liquidity and the lowest trading fees are during equity market trading hours. Indian Forex traders can trade Forex from Monday 03:30 IST to Saturday 03:30 IST, but futures contracts for the USD/INR, EUR/INR, GBP/INR, and JPY/INR trade Monday through Friday between 09:00 (IST) and 17:00 (IST). The best Forex brokers in India will offer Indian Rupee currency pairs and non-Indian Rupee currency pairs as Contracts for Difference (CFDs). | | | |
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