Forex trading session.

It's commonly said that Forex trading operates 24 hours a day, excluding holidays and weekends. However, there are also trading sessions, whose opening hours coincide with the business hours of the major financial exchanges.

A trading session is a period of time during which an exchange platform operates and trading takes place.

It doesn't matter which exchange you use for online trading ; the terms of your trades remain the same. Only the price dynamics and trade volumes for certain currency pairs may differ. This, in turn, affects the size of the floating spread.

A Forex session lasts nine working hours, with trading uninterrupted, as the next session opens several hours before the previous one closes. The simultaneous operation of two trading platforms is what makes Forex so active, as investors from multiple time zones participate in trading.

This is clearly visible in the trading session schedule.

Asian: 4:00 AM to 1:00 PM;
European: 9:00 AM to 6:00 PM;
American: 4:00 PM to 1:00 AM;
Australian: 12:00 AM to 9:00 AM.

This distinction is based on time zones and financial system operations. This approach allows one to determine which currency pair should expect news releases during a given session. For example, if a currency pair includes the euro, important news for that currency is likely to be released during the European trading session, which will naturally strengthen or reverse the trend. The same applies to other currencies and trading instruments.

Each of the listed forex sessions has its own character and trading dynamics. The American session is considered the most aggressive, while the most relaxed trading occurs on Australian exchanges.

Therefore, you can choose your trading time based on your preferences and capabilities. However, don't immediately choose the most popular forex currency pairs; try experimenting with both trading times and instruments.

This topic is covered in more detail in the article " Forex Trading Sessions ."