HI,
Seems to be some confusion, from reading Babypips school it states Toyko starts 9pm GMT.
But else where is saying 10pm.
What is the offical time on Sunday UK (GMT winter) that Forex kick starts?
Many Thanks
Waz
The Interbank market opens at 8.00am Monday in New Zealand which equates to 14.00est Sunday in New York & 19.00gmt Sunday in London.
Retail openings can lag anywhere between 2 & 5 hours depending on summer/winter clock variations & broker specific opening preferences.
It depends on which broker you use, some open at 9PM GMT and others 10PM GMT!
Or Oanda who are ‘open’ all weekend!
Oanda are not ‘open’ all weekend, the chart moves along because that the way their software works, but they are certainly not open.
It doesn’t really matter when the market opens on a Sunday, you cant practicably trade until at least the London Open.
From their site:
Frequently Asked Question
What are OANDA’s trading hours?Answer
24 / 7 - OANDA is the only Internet-based platform currently accepting trades over the weekend.
It’s totally irrelevant if they are open or not over the weekend anyway, but just to prove it to yourself - next weekend open your Oanda Platform up and try and place a trade, you won’t loose anything you can put 1 Unit on, well you could if it let you. Their FAQ is wrong.
Well it kind of is seeing as that’s what you’re disputing
I don’t use Oanda but I’ve read people saying about them opening over the weekend so I looked at their site and that’s what they say
I’m not disputing anything, I’m simply stating facts.