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FAQs about Trade Smarter This Holiday Season with FXVM’s 30% OFF on Forex … Coupon?

What holidays affect forex trading?

All markets will be closed. The decentralized nature of Forex allows trading 24/5, but major holidays like Christmas and New Year’s significantly reduce liquidity. Christmas Eve (Dec 24): Reduced trading hours as financial institutions close early. Christmas Day (Dec 25): Most Forex brokers pause operations, leading to very low liquidity. ...

Should forex traders be aware of Christmas & New Year?

Forex traders should be aware of the Western Christmas and New Year holiday season because it impacts market opening and, arguably, the market itself. With 2024 finally ending, it is time to think about year-end trading. ...

Is Christmas a good time to trade Forex?

A time to be jolly, with many already dreaming of their winter holidays, Christmas presents, and frothy eggnogs. But Forex markets are still open leading into Christmas. Many may wonder, is the festive season a good time to trade? At the best of times, traders have a love-hate relationship with holiday trading. ...

Is forex trading during December a good idea?

It is true that many brokers discourage their traders to trade during the holiday season due to the currency market’s low liquidity. However, the jolly season on Forex is also a time for exciting promos and generous bonuses for those who decided to keep their head in the game while everyone parties. ...

When is the best time to trade Forex?

Even if you are not in a country that celebrates Christmas, it is probably a good idea to take advantage of it and forget about trading until 2 nd January. However, if you are trading strongly trending assets, there are often strong rises over the final few days of December. Is the Forex market open 7 days per week? ...

When is forex trading open & closed on New Year's Eve?

New Year’s Eve (Dec 31): New Year’s Day (Jan 1): All markets will be closed. The decentralized nature of Forex allows trading 24/5, but major holidays like Christmas and New Year’s significantly reduce liquidity. Christmas Eve (Dec 24): Reduced trading hours as financial institutions close early. ...