London open and close (Europe) – 9 AM to 6 PM.Tokyo open and close (Asia) – 1 AM to 9 AM.The various trading sessions are in South African local time (Please note DST): Here is a Forex market Time Converter to help you make the calculations easier. Trading starts in New Zealand and continues until it closes in the United States. South African traders can trade currency pairs during any of the major Forex trading sessions. The JSE does not have after-hours trading or pre-market trading. The Johannesburg Stock Exchange (JSE) opens on Mondays to Fridays from 9 AM to 5 PM South African Standard Time (GMT +02:00). In South Africa, this will fall between 9 AM and 5 PM. Trading times are when banks, investors, and companies are open. What Time Does the Forex Market Open in South Africaįorex trading hours are the times when you can place Open and Close positions and exchange currencies. This can also be referred to as liquidity in the marketplace.īy understanding the various trading times and when the best times to trade are, you’ll get to concentrate on your trading strategies. When considering this, forex trading times get offered 24/5, meaning trading is over weekdays only, 24 hours a day. There’s no centralised forex exchange therefore, you can trade Forex through banks, brokers, and market makers.
What time does the Forex market open in South Africa? Forex can get traded at any time of the day, 24/5, making it an over-the-counter (OTC) market. Because of their locations, they make Forex a 24-hour market. There are four major Forex centres worldwide: New York, London, Tokyo, and Sydney. Please ensure you fully understand the risks involved. Remember that CFDs are a leveraged product and can result in the loss of your entire capital.
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