Exness has a unique feature that sets it apart from other brokers; it operates 24 hours a day. This is a result of the currency market relying on entirely different stock exchanges around the world. Therefore, there will be participants willing to swap. This permits operators to decide on the most straightforward time to trade in Exness with their money wants and objectives.
Open market time in Exness
The first session that opens on the average day of trading is Australia, when the Sydney and New Zealand exchanges open their doors around 9 a.m. GMT. Subsequently, the Tokyo Stock Exchange (this is where the most substantial volume of transactions with Asian currencies occurs), Hong Kong, and Singapore join.
Later, around 7 a.m. GMT the exchanges mentioned begin to close and the London session begins. 1 hour later, Frankfurt (Germany) joins.
Finally, towards midnight GMT, the trading session in New York begins, followed by Los Angeles. Once the day of operations in this last North American city ends, Forex day is concluded.
The week of operations opens on Sunday night (GMT) with the Asia-Pacific exchanges, and it is at this moment where Exness open market time works and regains its balance after the weekend events.
Here, you can see price gaps, so this is not the best time to trade in Exness (unless you specifically look for these phenomena).
Liquidity has nothing to do with the best time of day to trade in Exness, but you need to take it under consideration once programming your deals.
A large part of the brokers that work with retail operators are market makers. That means that -instead of directly connecting their users with the interbank market- these brokers serve as counterparts to their clients’ transactions.
This approach allows fulfilling the orders at any time, although it has the disadvantage of depending on a company.
Fortunately, liquidity in Exness Open Market Time can be taken as a permanent feature that you should not worry about.
In your trading career, you are likely to see very few “gaps” (gaps in price charts when there is no liquidity), and you may never have to experience their effects.
Concerning financial trading, volatility indicates the power of the price movement in a particular direction. Volatility may vary according to the time of day and the currency pair.
Almost all currency trading strategies do not provide favourable results when volatility is too high in the market.
Often, a crucial factor in achieving success is merely adjusting the trading schedule so that the strategy develops at appropriate volatility. For example, a plan based on oscillators (technical indicators appropriate for markets in range) will not be very successful in a market that breaks its levels of support or resistance due to volatility.
For this reason, it is essential that you study your strategy and determine the optimal level of volatility to execute it. The abrupt movements of the market are not always the best times to operate in Exness.