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Leading Experts Reveal Prime Forex Trading Hours For India

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Forex Trading Hours

A recently unveiled comprehensive report by experts at Traders Union (TU) has outlined the golden hours for Forex trading in India. As the global market wades through waves of unpredictability, Indian traders have been presented with a detailed guide on when to dive in.

While it’s a well-known fact that the Forex market operates around the clock, not all hours are equal. As per the Traders Union report, the sweet spot for Forex trading in India lies between 6.00-12.00 GMT and 18.00-0.00 GMT. These windows promise maximum liquidity, tight spreads, and minimal slippage, factors that are crucial for profitable trading.

The report meticulously points out the stable days being Tuesday and Wednesday, with trader activity escalating towards the weekend, especially on Thursdays and Fridays.

Going deep into the hours, the experts delineate the overlap of trading sessions as the key periods of profitability. As global financial hubs come alive, the overlap results in increased liquidity, making these intervals particularly fruitful for trading.

A senior analyst at TU stated, “We’ve extensively studied the periods of high volatility versus profitability. Interestingly, while many traders are drawn to highly volatile times, our findings suggest that the most profitable transactions actually occur when the market is moderately volatile.”

Further delving into time zones, the report highlights the synchrony between India’s Forex trading hours and the Indian Standard Time (IST). IST is 5 hours and 30 minutes ahead of Greenwich Mean Time (GMT+5.5). To aid traders, a detailed table charting out the opening and closing times of major global trading sessions in IST has been provided:

  • New York (North American session): 5:30 PM – 2:30 AM
  • Tokyo (Asian session): 5:30 AM – 2:30 PM
  • London (European session): 12:30 PM – 8:30 PM
  • Hong Kong and Singapore (Asian session): 6:30 AM – 2:30 PM
  • Sydney (Pacific session): 5:30 AM – 12:30 PM
  • Wellington (Pacific session): 3:30 AM – 10:15 AM
  • Frankfurt (European session): 11:30 AM – 7:30 PM

While the report offers an in-depth look at the Forex market timings India today, which is the ideal timings, it also emphasizes other elements traders should consider. These include key market indicators such as pivotal statistical data releases, discourse between global central banks, and country-specific economic markers.

Day trading has also been spotlighted in the findings. TU’s guide emphasizes the initial trading hour of every week, which sets the momentum, especially after major financial disclosures during the weekend. While the Sydney session remains stable, Tokyo witnesses heightened volatility, thanks to its synchronized start with other Asian powerhouses like Singapore and China.

Interestingly, the report doesn’t just focus on when to trade but also when to exercise caution. Factors that might hinder profitability, such as slippage – the difference in the expected transaction price and the executed price due to volatility or low liquidity – are also discussed. Slippage, which can result in significant losses, is flagged as a particular concern for traders to be wary of.

In summing up, the TU’s latest report serves as an invaluable guide for Indian traders, aiming to demystify the intricate choreography of the global Forex market. With the right timings in hand and potential pitfalls flagged, India’s trading community is well-prepared to trade the Forex market.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Economy

Nigeria Customs Seeks Slash in N34trn Import Duty Waivers

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import duty waiver

By Adedapo Adesanya

The Nigeria Customs Service (NCS) is seeking a reduction in import duty exemptions, which rose to N34 trillion, limiting its ability to increase its revenue generation threshold.

The Comptroller-General of the Customs Service, Mr Adewale Adeniyi, disclosed that the value of import duty exemption certificate approvals increased to that level in 2025, describing the policy as one of the major factors restricting its revenue generation.

At an investigative session of the Senate Committee on Finance with revenue-generating agencies in Abuja on Monday, Mr Adeniyi explained that government fiscal policies have continued to impact the revenue-generating capacity of the Customs Service, both positively and negatively.

“The NCS would have generated significantly higher revenue over the years if not for government-approved import duty waivers and other external factors affecting collections,” he said.

He added that the Import Duty Exemption Certificate scheme, introduced in March 2020, accounted for about N34 trillion in approvals in 2025, with nearly 60 per cent covering duty-free importation of military hardware due to Nigeria’s prevailing security challenges.

Other government-backed duty waivers, he noted, covered the importation of Compressed Natural Gas (CNG), electric and hybrid vehicles, healthcare equipment and medical supplies, industrial machinery and manufacturing inputs, as well as food import intervention programmes.

While acknowledging the impact of the waivers on Customs revenue, Mr Adeniyi argued that fiscal policy should not be assessed solely on the basis of revenue generation but also on its broader economic and social objectives.

He, however, urged the federal government to establish stronger monitoring mechanisms to ensure beneficiaries of duty waivers deliver the intended economic outcomes, including lower consumer prices, increased local production and improved healthcare access.

The committee also expressed displeasure over the absence of several heads of government agencies invited to the hearing, including the Nigerian Civil Aviation Authority (NCAA), Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Industrial Training Fund (ITF), and the Federal Medical Centre (FMC), Jabi.

The Chairman of the Senate Committee on Finance, Mr Sani Musa, warned that the affected chief executives must appear at the committee’s next sitting or face severe sanctions under the Senate’s rules.

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Economy

Is Headway Broker Safe and Legit? A Detailed Look at Regulation and Trust

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headway broker Demo Account

In the competitive world of online trading, finding a trading brokerage partner that balances reliability, technological innovation, and accessible conditions is essential. Headway broker has emerged as a significant player, currently serving over 4 million users globally.

In this article, we take a detailed look at what makes this broker for trading a notable option for both novice and experienced traders.

Headway Regulatory Foundation and Safety

Safety is the cornerstone of any trading relationship. Headway broker operates under the regulation and licensing of the Financial Sector Conduct Authority (FSCA). This regulatory oversight ensures that the broker adheres to strictly defined standards for transparency and operational conduct, providing traders with an added layer of security and confidence when managing their portfolios.

Trading Platforms and Instruments

Efficiency in trading Forex and other markets is driven by the tools at your disposal. Headway provides a robust technological trading ecosystem:

Industry-Standard Platforms: The broker fully supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the most widely used platforms for technical analysis and automated trading.

Proprietary Mobile App: For traders who prioritize mobility, Headway offers its own custom-built trading app. It is readily available for download on both Google Play and the App Store, allowing for seamless account management and trading on the go.

Diverse Market Access: Traders have a wide range of opportunities with access to over 300 trading instruments, ensuring plenty of choice for different strategies and asset classes.

Trading Account Types Offered by Headway

Headway broker understands that every trader enters the market with a different level of experience:

Three Account Tiers: To ensure inclusivity, the broker offers three distinct types of accounts (Cent, Standard and Pro), tailored to suit different levels of expertise and capital requirements.

Demo Account: For those looking to refine their skills without financial risk, Headway provides a comprehensive demo trading account. This is the perfect environment to practice strategies, understand how the platform works, and gain confidence before transitioning to live trading.

Customer Support and Incentives

Headway supports its user base with comprehensive resources and financial incentives:

24/7 Technical Support: Market fluctuations happen at any time. Headway provides round-the-clock technical support for the traders, ensuring that help is always available whenever a question or issue arises.

150$ No Deposit Bonus: To help new traders get started, Headway offers a $150 no deposit bonus. This is an excellent way to test the broker’s execution speed and trading environment with zero initial risk.

IB Partnership Program: Beyond individual trading, Headway fosters growth through its Introducing Broker (IB) partnership program. This allows partners to build their business and earn commissions by referring new traders to the platform.

Conclusion

With its combination of FSCA regulation, a vast range of instruments, and modern platforms like MT4, MT5, and its own proprietary app, Headway FX broker provides a comprehensive environment for modern traders. Whether you are using the demo account to hone your skills or taking advantage of the 150 no deposit welcome bonus, this broker offers the stability and tools needed for your trading journey.

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Economy

Buying Interest Lifts NASD OTC Exchange by 0.40%

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NASD OTC exchange

By Adedapo Adesanya

The NASD Over-the-Counter (OTC) Securities Exchange rose by 0.40 per cent on Monday, July 13, buoyed by buying interest in 11 Plc, Central Securities Clearing System (CSCS) Plc and UBN Property Plc, which offset the profit-taking in Food Concepts Plc, the parent company of Chicken Republic.

11 Plc gained N20.69 to end at N227.64 per share compared with last Friday’s price of N206.95 per share, CSCS Plc grew by N1.83 to N91.48 per unit from N89.65 per unit, and UBN Property Plc added 1 Kobo to sell at N1.81 per share versus N1.80 per share.

On the flip side, Food Concepts Plc depreciated by 24 Kobo to close at N2.45 per unit, in contrast to the preceding session’s N2.69 per unit.

As a result, the market capitalisation increased by N9.2 billion to N2.587 trillion from N2.578 trillion, and the NASD Security Index (NSI) improved by 15.33 points to 4,311.67 points from 4,296.34 points.

Yesterday, the volume of securities traded by investors surged by 615.9 per cent to 9.1 million units from the previous 1.3 million units, and the value of securities rose by 997.1 per cent to N320.4 million from the preceding session’s N29.2 million, while the number of deals decreased by 12.5 per cent to 28 deals from last Friday’s 32 deals.

At the close of trades, Great Nigeria Insurance (GNI) Plc remained the most active stock by value on a year-to-date basis, with 3.4 billion units valued at N8.4 billion, followed by Infrastructure Credit Guarantee (Infracredit) Plc with 2.3 billion units worth N6.5 billion, and CSCS Plc with 73.9 million units exchanged for N5.2 billion.

GNI Plc also closed the session as the most traded stock by volume on a year-to-date basis, with 3.4 billion units sold for N8.4 billion, followed by Infracredit Plc with 2.3 billion units traded for N6.5 billion, and Resourcery Plc with 1.1 billion units transacted for N415.7 million.

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