A non-manipulable market:
High liquidity enables supply and demand to meet freely to regulate the exchange rates. A non-manipulable market responds better to analyses done by technical and basic methods of analysis.
Market Open on a 24/5 Basis:
Investors trading on local markets are not able to benefit from the the exchange rate movements caused by the developments in international markets off the market hours. Forex market is an international market, and allows to trade on a 24/5 basis on weekdays (Monday, Tuesday, Wednesday, Thursday, and Friday) due to the time differences around the world
Accessibility:
Open for trading online 24 hours a day, 5 days a week.
Transaction time:
A trader may put trading orders on the system at any rate until any time.
Low Cost:
Forex traders do not incur any other cost than the difference between the buying and selling rates or pay any commission fee for their transactions. However, overnight swap for the positions carried over to the next day are reflected to the account. In addition to the buying-selling difference, a commission cost is attached to CFD products.
Market Center |
Country |
Turkey Opening |
Turkey Closing |
Sydney |
Australia |
00:00 |
09:00 |
Tokyo |
Japan |
01:00 |
10:00 |
Frankfurt |
Germany |
10:00 |
18:30 |
Londra |
England |
10:00 |
19:00 |
New York |
America |
15:30 |
24:00 |