What are the hours for the forex market?
Forex market offers 24 hours in a day to the traders for trading. They can trader according to their suitability and requirement. Most of the traders like to trade at night time which is the main reason behind a huge traffic at nigh time.
The market opens on Sunday at 5:00pm (EST) and closes on Friday at 4:00pm (EST), during which time, the ATM software trades your account around the clock. The ATM software clears all trades the last day of the month and no new trades are open until the day after the first Friday of the following month. This allows investors a period of liquidity from which to withdraw funds from their account without exposing the account to a margin call. This period of inactivity also protects the investor from market volatility that occurs the first week of the month.
