The forex markets are open 24 hours a day, five days a week. The official opening hours are from 17:00 EST on Sunday to 16:00 EST on Friday. EST refers to the time zone in which cities such as New York, Boston, Atlanta, and Orlando in the U.S. and Ottawa in Canada are located.
What time do the forex markets open? Read More »
Forex stands for “foreign exchange” and refers to the global market where currencies are bought and sold. Simply put, forex means exchanging one currency for another. For example, all those who have ever gone on a foreign vacation and exchanged the currency they usually use for the local currency used at their destination have made
What is forex trading and how to trade forex? Read More »
Forex trading involves buying and selling currencies. Just like we exchange physical money during a foreign vacation, forex trading involves buying one currency and selling another at the same time. The key difference is that forex trading is done specifically to generate profit from the exchange.
What is forex trading? Read More »
