Traderess Forex Masterclass

Forex Masterclass Participants in Forex: Know Who Trades and Why

Participants in Forex:

Know Who Trades and Why

Welcome back to our third session in the complimentary Traderess Forex Masterclass! In our journey of forex education, we now dive into the significant aspect of "timing." Indeed, the timing of your trades can be a major determinant of your success in the market.

Central Banks

The Forex market is unique in that it operates 24 hours a day, five days a week. The market opens on Sunday at 10 PM GMT when the Sydney market comes alive and closes on Friday at 10 PM GMT following the New York market's closure. This round-the-clock trading is made possible by the global nature of the Forex market, which spans different time zones across the world.


Financial Institutions and Banks

Large financial institutions and banks are major players in the Forex market. They trade currencies for various reasons, including hedging, speculating, and responding to customer needs. Their substantial trading volumes can move the market.

Corporations and Businesses

The choice of when to trade depends heavily on your trading strategy and the currency pairs you're focused on.

For instance, if you're a day trader or a scalper who thrives on volatility, the London and New York overlap might be the most beneficial for you. On the other hand, if you prefer a quieter market, the New York and Sydney overlap might be more suitable. Additionally, if you're trading the AUD/USD or NZD/USD pairs, you might find more opportunities during the Sydney session or the London and Sydney overlap when significant news events occur.

Investment Managers and Hedge Funds

Investment managers and hedge funds trade large volumes of currency on behalf of their clients. Their primary goals are to diversify portfolios, hedge risks, and seek profit opportunities.

Individual Investors

Individual investors, or retail traders, participate in Forex trading as a form of investment, often using it as a way to diversify their portfolio. They aim to profit from fluctuations in currency exchange rates.


Brokers serve as intermediaries between the market and traders. They provide the platforms for individuals and institutions to engage in Forex trading.


The Forex market consists of a diverse range of participants, each with different motivations and trading strategies. Recognizing these players and understanding their objectives can provide valuable insights into market dynamics and potential trends.

Next up in our Masterclass, we'll explore the benefits of Forex trading and why you should consider diving into this rewarding market. Stay tuned as we continue to explore and understand the world of Forex trading together!