The school states that the forex market operates 24 hours a day with the exception of Sunday, right? I’m currently learning on a demo account with MFGlobalFX (using MT4), and I can’t make, modify or close any orders. It just says “market is closed”. What am I missing here?
Most brokers are open 5 days and close friday, reopen Monday or Sunday night.
About the few brokers which might have open 7 days: I am pretty sure you won’t trade in a thin market at weekends with a spread as high as 10 pips or more just on eurusd.
Ahh, alright! Thanks for the information.
Be cautious of time zones as well. I know I’m -7 GMT I use IBFX and they close around 3PM and open around 3PM on Sunday. Sorry I don’t know the exact hour.