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Quick Answer: Time and sales in forex means knowing when to trade. The market runs 24 hours, but not all hours are equal. For US traders, the New York session offers the best liquidity. Trade EUR/USD and GBP/USD during London-New York overlap. Ignore Asian session unless you trade yen pairs.
| Market | Detail | Source |
|---|---|---|
| US indices | S&P 500, NASDAQ, Dow Jones | NYSE / NASDAQ |
| Regulator | CFTC (futures) / SEC (securities) | Official |
| Prop firm model | Funded evaluations with profit split 70-95% | Vendor terms |
| Verification | Updated regularly | PropFirmDiscountApp |
| Best deal today | Code DISCOUNTAPP — up to 90% off | Updated regularly |
Forex has three main sessions: Asian, London, and US. The Asian session starts at 7pm EST. It's slow. London opens at 3am EST. That's when volatility picks up. The US session opens at 8am EST. The overlap from 8am to 12pm EST is the most active. Trade major pairs then. Avoid low liquidity times. You'll get better spreads and fewer slippage issues.
Session | Time (EST) | Best Pairs | Volume Asian | 7pm-4am | USD/JPY, AUD/USD, NZD/USD | Low London | 3am-12pm | EUR/USD, GBP/USD, EUR/JPY | Medium US | 8am-5pm | EUR/USD, USD/CAD, USD/JPY | High Overlap | 8am-12pm | EUR/USD, GBP/USD, USD/JPY | Very High
1. Trade the overlap for maximum liquidity. 2. Avoid trading during session open and close – spreads widen. 3. Use a broker with low spreads during your session. 4. Check economic calendar – news moves pairs. 5. Stick to one or two pairs per session.
FTMO is a solid firm. They allow trading 24/5. No restrictions on sessions. FundedNext offers a good deal for US traders. Their two-step challenge is fair. The5ers has a low drawdown rule – be careful. True Forex Funds? I'd skip it. Too many payout issues. E8 Markets is decent but newer. Apex and Topstep are for futures, not forex. Choose a firm that fits your trading style.
Prop firm challenges have time limits. You need to hit profit targets. Trading during low liquidity hurts your fills. Slippage can kill a trade. Stick to the London-New York overlap. You'll get better entries and exits. Many traders fail because they trade at 2am EST. Don't be that guy.
| Firm | Min Account (USD) | Profit Split | Evaluation | Our Take |
|---|---|---|---|---|
| FTMO | $535 (100k) | 80% | Two-step | Solid firm for US traders |
| Apex | $137 (50k) | 100% | One-step | Best for futures, not forex |
| Topstep | $165 (50k) | 100% | One-step | Good for futures traders |
| FundedNext | $109 (100k) | 80% | Two-step | Great deal, smooth process |
| True Forex Funds | $89 (100k) | 80% | Two-step | Avoid – payout problems |
| The5ers | $125 (100k) | 80% | Two-step | Low drawdown, risky |
| E8 Markets | $149 (100k) | 80% | Two-step | Decent but unproven |
The London-New York overlap from 8am to 12pm EST. That's when volume and volatility peak.
Yes, but liquidity drops outside major sessions. Avoid trading between 5pm and 7pm EST.
The London session, especially during the first hour. The US session is close behind.
Most prop firms like FTMO and FundedNext allow 24/5 trading. No session restrictions.
Look for low evaluation fees, high profit split, and good reviews. FTMO and FundedNext are top picks.
Time and sales in forex is about knowing when to trade. Stick to high liquidity hours. Use a reliable prop firm like FTMO. Get started with code TIME10 for 10% off. Original $535, now $481.50. Click here: https://ftmo.com/offer. Don't waste time on bad sessions.
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Risk warning: Trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Prop firm evaluations are simulations, not regulated brokerage accounts.