GainScope provides an online trading platform for individuals that want to speculate on the exchange rate between two currencies. In doing so, traders buy and sell currencies with the hope of making a profit when the value of the currencies changes in their favor, whether from market news or events that take place in the world. The forex market is the largest market in the world with daily reported volume of over 1.9 trillion making it one of the most exciting markets for trading.
Market Hours (Trading Hours)
The spot FX market is unique to any other market in the world, as trading is available 24-hours a day. Somewhere around the world, a financial center is open for business, and banks and other institutions exchange currencies, every hour of the day and night with generally only minor gaps on the weekend. Essentially foreign exchange markets follow the sun around the world, giving traders the flexibility of determining their trading day.
How Market Hours Work
Tokyo - Open » 7:00 PM New York Time (0:00 GMT)
Tokyo - Close » 4:00 AM New York Time (9:00 GMT)
London - Open » 3:00 AM New York Time (8:00 GMT)
London - Close » 12:00 PM New York Time (17:00 GMT)
New York - Open » 8:00 AM New York Time (13:00 GMT)
New York - Close » 5:00 PM New York Time (22:00 GMT)
Trading Hours for Forex:
24 hours per day, starting at 23.00 Sunday and closing at 24.00 Friday (trading Server time).
Monday - Thursday: 01:00 - 23:15, 23:30 - 00:30
Friday: 01:00 - 23:15, 23:30 - 24:00
A Global Market
Forex market operates globally 24-hours a day, starting from the far east, in New Zealand (Wellington), passing the time zones in Sydney, Tokyo, Hong Kong, Singapore, Moscow, Frankfurt-on-Main, London, then finishing the day in New York and Los Angeles.
Our Advantages:
- Commission Free Trading
- Superior Trading Platform (MetaTrader)
- Mobile Trading Functions (PDA / Win CE)
- Zero Overnight Interest (by request) **
- Very low deposit
- No extra charges for deposits and withdrawals
- Free charges for deposit through a credit card
- Fast Execution
- Competitive Spread (start from 1.8 pips)
- Realtime Quotes & Professional Charting
- Realtime News (Dowjones Newswires)
- Realtime Account Management
- Free Trading Signals
- Free Practice Account
- Mini Forex Available (10k Contract / 0.1 lot)
- Credit Leverage of your choice from 1:1 to 1:500
- Full Hedging Capability
- Trailing Stop on Workstation Platform
- Automated Trading Capabilities (EA / Robot Scripts)
- User Friendly (easy to use)
- Trade Forex and CFD (Futures, Stocks, Metals) in one account.
- And many more...
** Zero Overnight Interest (swap free) is for Positions left opened for less then 10 days will not be charged; however from the 11th day any position left opened will be charged commission, which is calculated according to the Swap rules. The commission will be equal to swap size for corresponding trading tools.
