Forex Trading Sessions In Argentina

Time zones in Argentina

Argentina's extensive geographic area causes it to span several time zones. These consist of:

• Argentina Standard Time (ART): UTC-3:00 (3 hours behind Coordinated Universal Time (UTC))

• Argentina Daylight Time (ART): UTC-2:00 (2 hours behind Coordinated Universal Time (UTC))

• Argentina Time Zone 2 (ART2): UTC-4:00 (4 hours behind Coordinated Universal Time (UTC))

Due to the variations between each time zone and the different opening and closing times in each Forex trading session, this could vary.

• Sydney (Pacific Region) - The market is active between 22:00 and 7:00 GMT. Time Zone: UTC+10 (Sydney, Australia)

• Tokyo (Asian Region) - The market is active between 23:00 and 9:00 GMT. Time Zone: UTC+9 (Tokyo, Japan)

• London (European session) - The market is active between 8 a.m. and 17 p.m. GMT. Time Zone: UTC+0 (London, United Kingdom)

• New York (American session) - The market opens at 13:00 and closes at 22:00 GMT. Time Zone: UTC-5 (New York, USA)

The time zones of the Forex trading sessions listed above are different UTC, meaning you have to convert the Forex trading time to the Argentine time. For instance, the market in London opens at 8:00 a.m. and closes at 5:00 p.m. GMT. For traders in Argentina, this happens at different times; 8:00 GMT corresponds to 5:00 AM ART, and 17:00 GMT corresponds to 2:00 PM ART in Argentina.

Note:

Timezone regulations and the application of daylight saving time are subject to change. Use your trading platform or a reliable financial news source to confirm the current market hours and any time changes.

What is the best time to trade Forex in Argentina?

The overlap between the London and New York sessions, from 12:00 PM to 4:00 PM GMT, is when it is best to trade Forex in Argentina, as in other nations. However, due to the difference in time, the market opens and closes at different intervals in Argentina (9:00 AM to 1:00 PM ART). If you are trading from Argentina, it is crucial to comprehend how these hours correspond to the local time.

Understanding how Forex market hours translate to the local time in Argentina means you must know when the Forex market is active in the different Forex trading sessions. Then, convert it based on the time zones Argentina is currently using.

Importantly, out of the four Forex trading sessions, Argentina traders should trade during the London and New York sessions the most. Research suggests that the volume of trades during these Forex trading sessions is the highest. The quantity of transactions made during each Forex trading session is shown below:

• London = 35%

• New York = 20%

• Tokyo = 6%

• Sydney = 4%

The London session is the best time to trade on the Forex market because it has the highest volume. There are more buyers than sellers, which results in tighter spreads, and it sees a lot of trading activity. The concentration of financial activity in London, a major financial center that includes numerous major banks, financial institutions, and hedge funds, contributes to the session's liquidity and trading volume.

The London session is well-known for its benefits, but it is crucial to remember that no single trading session is inherently “best” for all traders. Some traders prefer to trade on the other Forex trading sessions; it all depends on your trading strategy.

London session overlap: what you should know

When the London session runs concurrently with the Asian and North American sessions, there is a spike in trading activity. This is due to the concurrent activity of market participants from various regions. There is more iquidity as a result of the significant increases in trading volumes, which reduces slippages and lowers spreads on currency pairs.

Here are the different times when Forex sessions overlap:

• The trading sessions in Sydney and Tokyo overlap from 7:00 GMT to 23:00 GMT

• Between 8:00 and 8:00 GMT, the trading sessions in Tokyo and London cross paths

• Between 13:00 and 17:00 GMT, another time overlap between the London and New York sessions occurs

The biggest overlap, which also happens to be the busiest trading period, is between London and New York. This time frame is the most liquid one for trading currencies.

Note:

A trader's choice of Forex trading sessions depends on personal trading strategies, time constraints, and preferences. Furthermore, traders should always use appropriate risk management techniques, regardless of the Forex trading session.

Best time to trade Forex - TU Research

The responses to the survey from top TU Forex experts on the best trading days of the week are listed below:

The survey's findings show that traders carry out a variety of financial activities from Monday through Friday. Because the market begins to warm up after the morning hours and trade volume rises, Monday afternoons are a good time to trade. However, don't anticipate the Forex market reaching its maximum liquidity.

There is an increase in trading activity and a peak in liquidity from Tuesday morning through Thursday. These (Tuesday through Thursday) are referred to as times of high liquidity. So, if you are looking for liquidity, restrict the majority of your trading to the middle of the week. The currency market experiences the most trading activity in the middle of the week.

TU experts agree that the overlap between the London and New York sessions, which occur between 13.00 and 17.00 GMT, is the best time to trade Forex in Argentina. The best time to enter the market, in the opinion of many full-time professional traders, is at 14:00 GMT.

The survey's findings indicate that GMT 6.00–12.00 and GMT 18.00–00:00 are the best times of day to trade Forex. Hence, since the London and New York session overlap is known to be the best Forex trading session, trading during the midweek between the periods of 6.00-12.00 GMT and 18.00-0.00 GMT is a great option.

Best time for Forex day trading in Argentina

The best time for Forex day trading in Argentina is during periods of high liquidity. This means that Tuesday through Thursday are favorable for day traders as they are days with a high liquidity ratio. The concept of “liquidity” describes the simplicity and rapidity at which an asset can be bought or sold without affecting its price.

A market with high liquidity has many buyers and sellers, and slippage is reduced, ensuring that trades occur close to the desired price. Because there are many buyers and sellers for an asset, the price is more accurate and reflective of its true value, as no one entity significantly manipulates prices. The likelihood of unexpected price swings, sudden spikes, or drops that could negatively affect a trader's position is reduced. Trading with large investment amounts requires liquidity because it enables traders to enter and exit larger positions without significantly affecting prices.

Furthermore, because of the high liquidity, the overlap between the London and U.S. markets provides the best trading opportunities for day traders. And this occurs from 1 to 5 p.m. GMT. In these four hours, there are numerous trading opportunities and a large amount of trading activity.

The best Forex pairs to trade in Argentina trading sessions

The overlap of Sydney and Tokyo, Tokyo and London, and London and New York results in the most volatile conditions for the Forex market. This is a great time to buy or sell currencies that pair with the dollar. These include:

• EUR/USD

• GBP/USD

• USD/NZD

• USD/AUD

• USD/CAD

Time to pause Forex trading in Argentina

The best times to trade Forex are when there is a lot of liquidity, as you must have read in the earlier section of this article. However, the worst times to trade Forex in Argentina and other countries across the globe are during times of low liquidity. Practically, pause trading in the early hours of Monday and late on Sunday or during public holidays, significant news events, and periods of unusual price movement.

Also, a good time to pause trades is during an emotional imbalance or if you are being hospitalized or recently discharged. Trading when you are not in your best state of mind could cause you to make harsh decisions. You might be too quick to conclude or get carried away in thoughts, which might cause errors in your judgment of the Forex market.

Again, you pause your trades if you are at a meeting, concert, or picnic vacation. Forex trading is an activity that requires a serene environment because you have lots of decisions and research to make before opening a position.

Unpredictable market events and low liquidity can cause wild price swings and elevated risk. To avoid unforeseen losses, traders should refrain from trading during these times.

Best Forex brokers in Argentina

1

9.4/10

Go to broker

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.

Minimum deposit:

$50, $100 (for UK clients)

Bonus for deposit:

0%

Regulation:

CySEC, FCA, ASIC

Review

The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA. eToro Profile Details

Pros/Cons

•the minimum transaction amount for copying is $1;

•handy functionality for passive investing;

•regulated by independent monitors;

•it is possible to purchase contracts for fractional shares (that is, to invest amounts less than the cost of one share);

•it is possible to buy shares at once (not CFDs) on the US stock exchanges.

•high spreads;

•periodic technical failures in order execution;

•lack of the most popular platforms such as MetaTrader 4 and MetaTrader 5 in Europe and the CIS;

•no access to ECN systems, orders are processed only according to the STP (straight-through processing) scheme with access to specific liquidity providers;

•there is a commission for withdrawing funds;

•impolite support staff;

•inconvenient website.

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2

9.2/10

Go to broker

Your capital is at risk.

Minimum deposit:

No minimum

Bonus for deposit:

0%

Regulation:

FSC (BVI), ASIC, IIROC, FCA, CFTC, NFA

Review

The name OANDA is an acronym for “Olsen & Associates” or “Olsen AND Associates”. It is registered in the United States and provides its clients with a wide range of financial services in most countries of the world. The company was founded in 1996 and is currently regulated in four jurisdictions. The main regulator of the broker is the UK Financial Conduct Authority (FCA). Oanda Canada is licensed by IIROC. The company has several significant awards to its credit, including a victory in the category "Best Forex Trading Technologies" from the UK Forex Awards, "Best Trading Platform" from FX Week, as well as "Best Customer Service" from the US Foreign Exchange Report.

Pros/Cons

•Minimum deposit from 1 dollar.

•A large selection of the most popular trading instruments.

•Several reliable and reputable financial regulators.

•Inconvenient and poorly functioning site.

•Lack of cent accounts.

•Lack of bonus programs.

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3

9.1/10

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Minimum deposit:

$1

Bonus for deposit:

0%

Regulation:

FCA, BaFin, ASIC, MAS, CySec, FINMA, BMA, CFTC, NFA

Review

IG Markets has been providing brokerage services for retail traders since 2014. It was established in 1974 in London to work with professional traders. It is a part of the IG Group with representative offices in 17 countries. IG Markets stocks are traded on the London Stock Exchange as a part of the FTSE 250 index. The broker is regulated by FCA (Financial Conduct Authority | the UK), CySec (Cyprus Securities and Exchange Commission), ASIC (Australian Securities and Investments Commission), BaFin (the Federal Financial Supervisory Authority | Germany), FINMA (Swiss Financial Market Supervisory Authority), and NFA (National Futures Association). The IG Group global representative office is supervised by BMA (the Bermuda Monetary Authority). The broker provides services of trading Forex and different CFDs through MetaTrader 4 and its in-house platforms for retail and professional traders.

Pros/Cons

•Regulated activities and participation in compensation funds;

•No minimum deposit requirements when opening an account with the international division;

•Leverage is available for trading currencies and CFDs;

•Wide range of trading assets and markets;

•Fee rebates for new and active existing clients with large trading volumes;

•Floating spreads from 0.6 pips for retail Forex traders;

•Bonuses for new clients and partnership programs for different client categories.

•The broker can reject opening accounts to traders with low capital or insufficient knowledge of derivatives trading;

•Deposits and withdrawals can’t be made with e-wallets, electronic payment systems, or cryptocurrencies;

•Trading conditions differ for various countries, so you have to look for the broker’s website in your country.

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