Open Globally, 24-Hours a Day 

The forex market begins when New Zealand’s financial institutions open and then continues through the day as other financial institutions open across Asia, Europe and, finally, the Americas. This cycle continues through the working week, with overlapping time zones ensuring that the trading window for forex is wide. Trading is available 24 hours a day, five days a week.  

Reasons to Trade FX 

Forex is attractive to investors either speculating (trading for profit) or hedging against other investments for the following reasons: 

  • The market is the world’s largest and most liquid
  • Trading takes place 24 hours a day, five days a week
  • A centralised and transparent system is offered to traders
  • Choice of over 60 popularly traded currency pairs
  • Technological advances allow for simplicity of trading
  • There is the potential to profit from long or short selling
  • Leveraging allows for the maximising of returns on minimal initial investments