Is forex open on the weekends?

Hello everyone, I'm new to forex, so my question is: is forex open on the weekends? It seems that when I log on to fxcm, the server isn't open.

 

Yes it is, but the spreads are quite wide. Oanda is 10 pips on EUR/USD on the weekends.

-Kastro

 

okay thanks, another question is which forex broker has the lowest spreads?

 

Oanda and IB. Could be others, but those are the two I am familiar with.

Any other questions? Keem em comming

-Kastro

 

are there any books or websites to read with information to help a new forex trader learn about the market?

Such as how to use technical anlysis and what values to input on the indicators?

For example when I try to use MCAD, I get confused by what value to input into the box.

 

http://www.forex.ca/Forex_Trading_Basics.html

When you have a better grasp of FX, then look into books. No point spending $$$ on books for a rookie when you can learn the basics online.

-Kastro

 

okay, last question, do you think oanda is better than fxcm for forex?

 

lol well of course

In all honesty though, it really all depends on what you like. FXCM from what I understand is quite good, but I have never liked it for my own personal reasons.

Both are great brokers, so just try out the demo and see what you like.

-Kastro

 

thanks for the replies!

 

Trade forex futures not spot, or at least educate yourself about it.