FAQs
IG is the only Australian provider to offer weekend trading on indices and GBP/USD. We also offer weekend trading on cryptocurrencies, as well as our Crypto 10 Index.
Can you trade forex on Saturday and Sunday? ›
The forex market is available for trading 24 hours a day except on weekends. The forex market is decentralized and driven by local sessions, four in particular: Sydney, Tokyo, London, and New York.
What forex pairs can you trade on the weekend? ›
Forex. Our Saturday and Sunday markets on GBP/USD, EUR/USD and USD/JPY are separate to their weekday equivalents. This means you can speculate on market developments over the weekend without having to alter an existing weekday position.
What does IG markets stand for? ›
IG Group, founded as IG Index (Investors Gold Index), was founded in 1974 by British financier Stuart Wheeler. IG Index was launched as the first spread betting company.
Can I trade on weekends? ›
Can you trade on the weekends? Yes, certain markets like forex, cryptocurrency, commodities, and indices are accessible for trading over the weekends through electronic platforms that operate near 24/7. However, major equity and stock markets still close on Saturdays and Sundays.
What are the extended hours for IG trading? ›
Index trading hours
| FTSEE 1003 | S&P 5004 |
|---|
| Normal index hours | 8am to 4.30pm Monday to Friday | 2.30 to 9pm Monday to Friday |
| IG extended hours | 24/7 except for 10pm Friday to 8am Saturday | 24/7 except 7am Saturday to 8am Monday |
LMAX Global offers Weekend FX trading, enabling market participants to capitalise on FX movements over the course of a weekend, or hedge their FX exposure when there is no underlying market available, without having to wait for the market to open on Sunday Night.
What is the weekend trading strategy? ›
To successfully navigate weekend trading, consider these key points: Understand the market dynamics: Look for patterns: Data shows that certain assets tend to have predictable patterns during weekends. Make sure you've done your homework and are familiar with these trends before diving in.
What happens if you hold a forex trade over the weekend? ›
Holding a forex trade through the weekend presents gap risk as well as large spreads on Friday evening and Sunday evening (eastern time). Traders opting to hold through the weekend should learn how to navigate these potential dangers. Each weekend, forex traders are faced with a decision.
Why spread high on weekends? ›
With the markets closed, trading volumes are lower during the weekend, which can lead to wider spreads and limited liquidity. This can make it difficult to execute trades at desired prices and may result in increased slippage.
Unlike the FTMO Account, the FTMO Account Swing does not have restrictions for news trading or holding trades over the weekend.
Are any forex markets open on the weekend? ›
Although the forex market does not completely shut down on weekends, trading activity is significantly reduced. The market remains open for a short period on Saturdays and Sundays, typically from 5:00 PM ET on Friday to around 5:00 PM ET on Sunday.
Can Americans use IG trading? ›
IG Group is licensed to provide specific financial trading services in Bermuda, the U.K., the U.S., the E.U., Switzerland, Dubai, South Africa, Singapore, Japan, Australia, and New Zealand.
Is IG forex legit? ›
IG reviews: what the experts say
'IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of trade-able markets. A trusted multi-asset broker, IG is publicly traded and regulated across the globe.
Is IG or forex better? ›
IG Markets offers traders a commission-free minimum spread of 0.6 pips, while Forex.com displays a less competitive one at 0.8 pips. The average mark-up is approximately the same and closer to 1.0 pips, making both brokers neither highly competitive nor overly expensive.
Do commodities trade on the weekend? ›
Are commodities traded 24 hours? Yes, most commodities markets are available for round-the-clock trading – although they'll close at the weekend, and some have set trading breaks. If you're interested in 24-hour trading, commodities and forex are both useful options.
Are shares traded on weekends? ›
Most global stock exchanges are open during business hours Monday through Friday, except the Saudi stock exchange, which is open Sunday through Thursday. All exchanges publish a calendar of closures and breaks for holidays or lunch on their websites.
What time does the IG market open? ›
We are normally open 24 hours a day, from 11pm on Sunday (9pm for forex) until 10pm on Friday night (UK time). For markets that do not trade 24 hours (for example shares), you can find specific dealing hours in the deal ticket 'market info' tab.
What broker trades on weekends? ›
Pocket Option, Nadex, FXCM, and IG all offer weekend trading platforms.
