Why Does The Forex Market Close During The Weekends.why Isn’t It Open 24/7? ? | All About Money Online

Huh, right. That’s what every Forex beginner hears about the market. They tell you that you can trade Forex and earn money 24/7 – the beauty of currency trading. Yes, you can, IF you keep you look to trade on daily, weekly and monthly basis which means you’ll leave your trades open for an extended period of time. No, if you look to trade short-term – be in and out of the market withing several hours or less. Majority of Forex brokers won’t provide you an opportunity (in one or another way) to trade: Option #1 – they won’t show weekend data on the charts. You can’t trade without seeing prices. Option#2 – they won’t allow you to open any new orders -the platform won’t accept any requests.

Option#3 – they will significantly increase spreads, making it unprofitable to open a new order.

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