Do Forex Markets Close
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Do Forex Markets Close
Forex traders said market participants remained cautious as the Indian currency markets will remain shut on 1st and 2nd of April. The forex market is a decentralized market. The forex market is one of the most liquid markets in the world.
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The forex market closes on Friday at 4 pm EST 21 GMT and opens on Sunday at 4 pm EST 21 GMT during Summer Time daylight saving time. The Forex market is a little odd in its opening hours. Ad Become an iforex trader and get a demo account to try our trading platform.
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Yes its possible to leave orders open on the weekend however most brokers do not allow you to close them. This continuous trading is only possible because forex is traded all over the world in decentralised venues. In terms of what happens to the orders well this is going to depend on where the market is trading upon market open. The forex market remains open for five 5 days of the week.
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