Is it advisable to enable "trades allowed outside of regular hours" all the time for forex futures?

Discussion in 'Forex' started by helpme_please, Oct 22, 2018.

  1. I have a stop order for AUD Forex futures in Globex exchange which was not triggered. I'm using IBKR TWS. I did not enable "trades allowed outside of regular hours" in the order. Could this be the reason? Is it advisable to always enable this option for forex futures since forex trades round the clock?

    Luckily, I was testing out using a paper-trading account.
     
    Last edited: Oct 22, 2018
  2. Robert Morse

    Robert Morse Sponsor

    Interesting. That is a product of using a retail oriented platform that wants to do a lot. In futures, there is no concept of outside regular trading hours.
     
    Overnight likes this.
  3. PistolPete

    PistolPete

    What is 'regular' hours in FX ?
     
  4. My guess is that for the IBKR platform, it is U.S hours.
     
  5. Visaria

    Visaria

    Yes.
     
    helpme_please likes this.
  6. Hi everyone,

    I got confirmation from IBKR that stop and market orders do not trigger outside regular hours. If want to use protective add orders, use stop LIMIT orders. PLEASE TAKE NOTE! Protect your money.