Check Online Application Status 2024-2025How to Apply Online 2024-2025Check Admission Requirements 2024-2025
Tvet Colleges Online Application Form

Bursaries Closing in June 2024

Application Forms 2024-2025

What Time Does the Market Open in South Africa?

What Time Does the Market Open in South Africa?

What Time Does The Forex Market Open In South Africa?
What Time Does The Forex Market Open In South Africa?

The South African trading postions has Varying periods and are experienced at different times, and it’s important to keep this in mind when trading during these times. While Sydney advances by one hour, the United States returns to standard time by one hour. During these times, keep in mind the seasons and different time zones, as they can have an impact on your trades. So the question is:

What are Forex Trading Times

The hours during which you can open and close positions and exchange currencies are known as forex trading hours. Trading hours are when banks, investors, and businesses are open for business. This will occur between 9 a.m. and 5 p.m. in South Africa.

See Also  Gumtree South Africa cars for sale Durban

What are the Best Trading Times?

The best Forex trading hours in South Africa are when the market is most active globally.

See Also  How Much Does A Psychologist Earn In South Africa?

Forex Centers in the World

The four major Forex centers in the world are as follows: New York, London, Tokyo, and Sydney. Because of their locations, Forex is a 24-hour market.

When does the market open? 

Forex can be traded at any time of day, 24 hours a day, seven days a week, making it an over-the-counter (OTC) market. 

It is critical to note when various markets around the world open, not just the Johannesburg Stock Exchange. You should be aware of when the highest volatility and liquidity are expected.

There will always be a better time to trade than others, depending on the currency pair you select or your trading style.

See Also  How to Start a Company in South Africa

Overview of MBA
Choosing Your MBA
MBA Schools in SA
How to Apply