Forex Trading Sessions in Germany

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A trader may earn an opening position at any time by using top trading techniques. However, this cannot be compared to trading when the U.S. and London markets are open simultaneously from 8 a.m. to 12 p.m. EST.

Every potential Forex trader in Germany must understand that although the Forex market is open 24/7, there are times when it is best to trade currency pairs. So it might be in the trader's best interest to find out the best time to trade Forex.

In Germany, Forex trading sessions follow the general global market hours, which are divided into four main trading sessions. These include Sydney (Pacific Region), Tokyo (Asian Region), Europe (London), and America (New York).

Sidney (Pacific Region) - The market is active between 22.00 and 7.00 GMT.

Tokyo (Asian Region) - The market is active between 23.00 and 9.00 GMT.

London (European session) -The market is active between 8.00 and 17.00 GMT.

New York (American session) - The market opens at 13:00 and closes at 22.00 GMT.

A trader in Germany who wants to make Forex trading a dependable income stream should start by learning the different Forex trading sessions. Also, they should inquire about Forex market hours in Germany and what time the Forex market opens in Germany. So, if this is what you seek, especially the best time to trade Forex in Germany and the pairs to trade, then this article is for you.

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What is the Best Time to Trade Forex in Germany?

A trader may earn an opening position at any time by using top trading techniques. However, this cannot be compared to trading when the U.S. and London markets are open simultaneously from 8 a.m. to 12 p.m. EST.

When the U.S. and London Forex markets overlap, there is a high volume of trading, which offers the best trading opportunities. Trading spreads, or the discrepancies between the ask and bid prices, tend to close as activity increases. This allows traders to make more money because less money is moving to the market makers who facilitate currency trades.

With lower volatility and experienced traders using scalping or automatic trading strategies that typically perform well with lower volatility, night trading on the Forex markets has benefits for both groups of traders.

While some investors worry about market volatility because it increases risk, the majority of Forex traders prefer it because it can result in higher profits.

Best time to Trade Forex - TU Research

Day of the week Votes

Monday

339

Tuesday

285

Wednesday

730

Thursday

400

Friday

326

Total

2080

The Forex opens globally between Sunday at 5 p.m. and Friday at 4 p.m. Eastern Standard Time (EST). It is a fully electronic market. The main exchanges in each region have trading hours from Monday through Friday.

Forex trading sessions from Asia (Tokyo), the Pacific Region (Sydney), Europe (London), and America (New York), according to TU experts, have been examined to determine the most liquid and volatile time for trading Forex.

These trading sessions make up over 65% of the global Forex market in terms of volume and provide the majority of the world's liquidity (London: 35%, New York: 20%, Tokyo: 6%, and Sydney: 4%). The overlap of the New York and London exchanges from 8 a.m. to noon should therefore be considered the best trading time by investors.

Best Time for Forex Day Trading in Germany

German traders should consider trading from Tuesday through Thursday when liquidity is at its highest. These are the days when the Forex market is most active. And on these days, traders should engage in trading from 8 a.m. to noon EST, when the U.S. and London markets overlap.

So a trader seeking the best time to trade Forex in Germany should focus on these days, as they offer the best trading day and hour with good liquidity. Understanding the benefits of trading with good liquidity is essential for all Forex traders. Liquidity has an impact on trades and tells traders how quickly they can enter the market and profit by trading a specific asset. The spread gets tighter as the market becomes more liquid.

Best Forex Pairs to Trade in Germany Trading Sessions

The most volatile times for the Forex market are when Sydney and Tokyo, Tokyo and London, and London and New York overlap. And given the current state of the markets, now could be a great time to buy or sell currencies that are paired with the dollar.

The most volatile Forex pairs listed below are among the most liquid and actively traded pairs, making them the best for German traders.

Time to Pause Forex Trading in Germany

Low liquidity periods are the best times to steer clear of trading on the Forex market. While this does not necessarily mean a skilled trader cannot profit from the market, it might not be ideal for new traders. And this can be:

In the early hours of Monday and late on Sunday.

During public holidays, significant news events, and periods of unusual price movement.

And during Asian sessions when liquidity is lower.

Additionally, traders should pause a trade if they are preoccupied and unable to monitor the trade. Also, refrain from keeping open positions if you are ill, embarking on a journey, or attending events.

Time Zones in Germany

While Central European Time (CET) is used as the country's standard time, traders should be aware that Germany only has a one-time zone. Also utilizing Central European Summer Time (CEST) is Daylight Saving Time (DST). A close equivalence exists between Greenwich Mean Time (GMT) and Central European Time (CET), also known as Mitteleuropäische Zeit (MEZ), which is UTC+1.

To observe what is known as Daylight Saving Time, people adjust their clocks one hour forward and backward at the end of March and the beginning of October each year.

There may be differences when comparing the beginning and end of different foreign exchange trading sessions. For instance, the UK is behind Germany by an hour. This means that when the London (European session) market is open from 8:00 a.m. to 5:00 p.m. GMT, the German market should open from 9:00 a.m. to 6:00 p.m. GMT.

The example above explains how the time for Forex trading depends on the time zone. And this is also applicable to other Forex trading sessions.

Best Forex Brokers in Germany

Remember that successful traders require the best Forex brokers if you are trying to decide when to trade Forex in Germany. And below are some of the best Forex brokers in Germany you need to sign up with for a smooth trading session.

RoboForex

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The first on the list is RoboForex, which turns out to be a broker for professional and novice traders in Germany. While RoboForex complies with all the requirements of the local regulator, it has an international license to provide currency trading services. RoboForex has licenses from FSC Belize and a European license from CySEC (license No. is 191/13 Robomarkets Ltd.).

Also, it offers attractive trading conditions for clients from Germany with a narrow spread of 0 pips due to direct access to liquidity providers in ECN systems. Again, traders seeking the best time to trade Forex in Germany can benefit from the educational resources available on the platform. This material helps traders improve their skills and knowledge, including a wide range of analytics.

In a nutshell, RoboForex is a well-known broker with a wide range of products, account types, and no commission fees for withdrawals and account replenishments. Additionally, there are no trading restrictions or time limits on open trades. Read more in Roboforex reviews from clients in Germany.

Tickmill

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Your capital is at risk.

Tickmill is the next broker every potential Forex trader must consider if they want to enjoy trading in any of the Forex trading sessions. In terms of security and reliability, Tickmill complies with all the requirements of the local regulator and is regulated by:

The Seychelles Financial Services Authority.

The UK Financial Conduct Authority (FCA).

The Cyprus Securities and Exchange Commission (CySEC).

The Labuan Financial Services Authority (Labuan FSA).

And the Financial Sector Conduct Authority (FSCA) in South Africa.

Tickmill provides clients with favorable trading conditions thanks to its low spreads, which enable clients to trade automatically using EAs and copy trading. This broker offers for traders from Germany good liquidity, three types of accounts, and a variety of CFD trading instruments: forex, stocks, cryptocurrencies, commodities, indices, and bonds.

And with lots of educational materials to allow novice traders to familiarize themselves with the peculiarities of trading with different instruments quickly.

FxPro

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Your capital is at risk.

FxPro competes among the top brokers you can trade currency pairs with without complaints. This is because FxPro features multiple account options and various execution methods. It provides its own proprietary FxPro Edge app and offers market access to all traders, regardless of their level of knowledge and experience.

Top broker FxPro is governed by the CySEC (Cyprus), the Bahamas SCB, the FCA (UK), and the South African FSCA. Whatever their level of expertise and knowledge, this broker provides access to the market to all traders. With more than 70 currency pairs, futures, and stocks (including Twitter, Apple, and Google) available for trading, FxPro has earned a reputation for offering the best trading tools.

FxPro maintains high standards for security and keeps client funds in reputable foreign banks. They are insured and separated from the broker's equity.

FAQ

Is Germany good for Forex trading?

While it is legal to trade Forex in Germany, BaFIN regulates all Forex trading activities, but there are no set laws governing Forex trading. So Germany is good for Forex trading, as the brokers offering this service in Germany are duly regulated.

What time does the Forex market open in Germany?

The Forex market is active from Monday to Friday, and most participants trade between 8:00 a.m. and 4:00 p.m. in their local time zone; the same applies to Germany.

What is the best period to trade Forex?

A trader can open a position at any time by using the top trading techniques in the Forex market. However, this cannot be compared to trading when the U.S. and London markets are open simultaneously from 8 a.m. to 12 p.m. EST.

Is it good to trade Forex at night?

Since trading times vary depending on local time zones, trading takes place day and night and does not differ significantly in the morning or at night. So while you might be trading in the morning, others are trading at night. The only difference is that volatility tends to be lower, and buy-sell spreads rise when traders trade a pair that includes their local currency.

Team that worked on the article

Peter Emmanuel Chijioke
Contributor

Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.

Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).