Weekend Trading with IG: Tips, Strategies & What to Trade (2024)

For many people who are seeking more opportunities to make that extra bit of profit on the weekends, trading has become just the ticket. With the rise of cryptocurrencies and some brokers offering weekend trading, the question becomes, is it worth it?

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Weekend Trading with IG: Tips, Strategies & What to Trade (1)

In this article, we’ll answer that question and cover everything you need to know about weekend trading.

Table of contents

  • What Is Weekend Trading?
  • Can You Trade on Weekends?
  • Which Brokers Allow Weekend Trading?
  • How To Trade on Weekends?
  • What Can You Trade Over The Weekend?
  • Weekend Trading Hours
  • How Does Saturday and Sunday Trading Work?
  • What Are the Advantages and Disadvantages of Trading on the Weekend?
  • Is Weekend Trading Recommended?

What Is Weekend Trading?

Weekend trading is being able to access and trade financial markets on Saturday and Sunday. Cryptocurrency markets offer weekend trading, as do some markets in the Middle East (due to the differing workdays). At the same time, some brokers provide access to weekend trading on markets in Europe and the US.

Can You Trade on Weekends?

Yes, you can. Cryptocurrency markets are available to trade 24/7. However, the more traditional markets available to trade on weekends are limited. IG trading markets offer weekend trading on more familiar asset classes. Meanwhile, exchanges in the Middle East are open and available to trade if you can find a broker who provides the opportunity to trade them.

You can trade cryptocurrency markets on weekends, but there are also Middle Eastern equity markets that can be traded, such as the Kuwait stock exchange, the DFM index, or the Tel Aviv 25 index.

IG trading markets also offer the opportunity to trade the weekend GBPUSD, FTSE 100, Germany 30, Wall Street and Hong Kong HS50.

Weekend Trading with IG: Tips, Strategies & What to Trade (2)

Which Brokers Allow Weekend Trading?

Several brokers now offer weekend trading, whether that be on cryptocurrencies or more traditional markets. For example, IG Markets offers weekend trading on more traditional asset classes. Below is a list of brokers that allow weekend trading:

  • IG Markets
  • eToro
  • Exness
  • XM

How To Trade on Weekends?

To trade weekends you will need to open an account with a broker that offers weekend markets. Alternatively, you could trade cryptocurrencies which are available to trade 24/7. There are a variety of cryptocurrency exchanges and brokers that you can choose from.

What Can You Trade Over The Weekend?

If more traditional markets are your thing, you can check out some of the markets in the Middle East that allow trading on weekends. This is because their workweek differs from the one we are more used to in Europe, the US and other regions. Here are some stock exchanges open on the weekend:

  • Tadawul index
  • Kuwait stock exchange
  • Dubai stock exchange
  • Tel Aviv 25 index

Alternatively, IG Markets allows weekend trading in more familiar stock market indexes such as the FTSE 100.

In some territories, weekend trading is readily available. Trading in the Middle East, for example, often runs on differnt days, such as Saturday to Wednesday or Sunday to Thursday..

The major indexes open on the weekend are:

  • Tadawul Index – Saudi Arabia
  • Kuwait Stock Exchange – the national stock exchange in Kuwait
  • DFM Index – based on the Dubai stock exchange
  • Tel Aviv 25 Index – the top 25 companies in the Tel Aviv Exchange in Israel.

But, you will be hard-pressed to find a broker in Europe or the US who will offer you the ability to trade these markets.

So, what about trading markets we are more familiar with, with brokers in our regions

Well, some well-known brokers offer weekend trading. If you take a look at IG, you will see that they offer a weekend market on the GBPUSD. They also offer weekend markets on various well-known indices such as the weekend FTSE 100 and the weekend Dax.

However, it is crucial to note that these markets are separate from their weekday counterparts and IG will price them based on volatility, liquidity and news over the weekend.

Weekend Trading Hours

On IG trading platforms, weekend trading hours work differently depending on the asset you choose to trade.

MarketTrading Hours
Indices4 am on Saturday to 10.40 pm on Sunday
CryptocurrencyThe cryptocurrency market is open 24/7, including on weekends
Forex8 am on Saturday to 8.40 pm on Sunday

Indices

Weekend trading hours on indices are from 4 am on Saturday to 10.40 pm on Sunday (UK time). Positions open at 10.40 pm (UK time) on a Sunday will roll over into weekday positions when those markets resume at 11 pm on Sunday.

Please note, however, that the FTSE 100 and Germany 30 will open for trading two minutes later than usual, at 11.02 pm (UK time).

Forex

Trading hours on weekend forex pairs are from 8 am on Saturday to 8.40 pm on Sunday (UK time). Any positions open at 8.40 pm (UK time) on a Sunday will roll over into weekday positions when the weekday market resumes 20 minutes later at 9 pm.

Open Demo Account

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

How Does Saturday and Sunday Trading Work?

On IG trading platforms, Saturday and Sunday trading works differently depending on the market.

Indices

With indices, your weekday positions will be separate from their weekend counterparts, enabling you to speculate on market developments over the weekend without having to alter your weekday positions.

These weekend markets are differentiated from their weekday counterparts by their names. For example, rather than trading ‘FTSE 100’ on a Saturday, you would trade ‘Weekend UK 100’.

Cryptocurrencies

Trading cryptocurrencies CFDs on Saturday and Sunday works a little differently – because the underlying market is open over the weekend, IG has extended their weekday market. So any CFD positions on cryptocurrencies will move over the weekend, and stops/limits can be triggered.

As current CFD cryptocurrency markets are now available on weekends, any stops and limits you hold will be affected by extended trading hours. This extra trading period means that you have longer to speculate on the price of these markets, and also that any stops or limits you have to open or close positions can be filled on weekends.

Forex

Our Saturday and Sunday markets on GBP/USD, EUR/USD and USD/JPY are separate from their weekday equivalents. This means you can speculate on market developments over the weekend without having to alter a current weekday position.

Weekend cable (GBP/USD) is distinguished from the weekday market by its name on the platform – ‘Weekend GBP/USD’. The same principle applies to EUR/USD (‘Weekend EUR/USD’) and USD/JPY (‘Weekend USD/JPY’).

What Are the Advantages and Disadvantages of Trading on the Weekend?

Outside of having access to additional trading opportunities and potential for extra profits that come with it, there are a couple of key advantages to be aware of. And on the flip side, weekend trading does have its limitations.

Advantages Disadvantages
Flexibility –Trading on the weekend can give you more time to focus on and analyse the marketsLow Volatility – On the weekends, there is little to no economic data being released, a limited number of traders, and a scarcity of financial or geopolitical news, leading to minimal price movements.
Hedging – You can use weekend markets to hedge if there is any news that could negatively impact a position you are still holding from the week.Wide Spreads – Spreads are wider as there is a lack of liquidity in the market due to a minimal amount of participants, meaning brokers will make sure their spreads are wider.
Limited Instruments – There are fewer assets and limited instruments available to trade on the weekend.

Open Demo Account

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Is Weekend Trading Recommended?

In truth, we have to say that the potential costs and low liquidity associated with trading European and US markets over the weekend don't make it a good idea.

As a result, we feel the weekend is a perfect time to get to grips with new strategies or to educate yourself. Take some time to learn how to trade CFDs or any other instrument you're interested in, recap data, or catch up on some weekly trend analysis.

In the long run, this will make you a better trader when there is real action in the markets during the week.

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  • Forex
  • Crypto

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Weekend Trading with IG: Tips, Strategies & What to Trade (17)

Nigel Frithtrader

Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.

Weekend Trading with IG: Tips, Strategies & What to Trade (2024)

FAQs

What should I trade on weekends? ›

Cryptocurrency markets now operate 24/7 across exchanges so traders can long or short digital assets like Bitcoin and Ethereum. Tokenized stocks are accessible as well when primary equity markets are closed. Commodities that trade electronically over the weekend include gold, oil, and treasuries.

What is the simplest most profitable trading strategy? ›

One of the ways beginners can implement the most profitable trading strategies effectively is by embracing the buy-and-hold strategy. This involves researching companies with solid fundamentals and stable earnings, then holding their stocks for a long time without being swayed by short-term market fluctuations.

What trading strategy has the highest win rate? ›

If you're looking for a high win rate trading strategy, the Triple RSI Trading System is definitely worth checking out. This system uses three different Relative Strength Index (RSI) indicators to identify potential buy and sell signals in the market.

What strategy do most day traders use? ›

Common day trading strategies include Momentum, Breakout, Range, Reversal, Gap, Trend Following, Mean Reversion, Scalping, News, Pattern, Support and Resistance, Fibonacci, Volume Spread Analysis (VSA), Event-Driven, Arbitrage, and Statistical Arbitrage, each with its own set of rules and indicators for entering and ...

Is weekend trading profitable? ›

Conclusion. In conclusion, weekend trading can be a lucrative and exciting way to make money with the potential to make profits even during times of low liquidity.

What is the best hour to trade? ›

The opening period (9:30 a.m. to 10:30 a.m. Eastern Time) is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.

Which trading strategy has highest probability of success? ›

One strategy that is quite popular among experienced options traders is known as the butterfly spread. This strategy allows a trader to enter into a trade with a high probability of profit, high-profit potential, and limited risk.

Which trading strategy is most accurate? ›

Trend trading strategy. This strategy describes when a trader uses technical analysis to define a trend, and only enters trades in the direction of the pre-determined trend. The above is a famous trading motto and one of the most accurate in the markets. Following the trend is different from being 'bullish or bearish​' ...

What is the secret to successful trading? ›

Success in trading is intrinsically linked to emotional control. Almost 90% of this success depends on managing emotions during market fluctuations. Patience, discipline, and objectivity are essential for making accurate decisions.

Which trading gives most profit? ›

The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.

What is the most consistent trading strategy? ›

Profit Parabolic” trading strategy based on a Moving Average. The strategy is referred to as a universal one, and it is often recommended as the best Forex strategy for consistent profits. It employs the standard MT4 indicators, EMAs (exponential moving averages), and Parabolic SAR that serves as a confirmation tool.

What is the 5 minute trading strategy? ›

The 5-Minute strategy is created to aid sellers and buyers engage in back tracking and spend some time in the location with the appearance of prices proceed in a latest route. The system depends upon exponential moving averages and the MACD forex trading indicators.

What is the 11am rule in trading? ›

What Is the 11am Rule in Trading? If a trending security makes a new high of day between 11:15-11:30 am EST, there's a 75% probability of closing within 1% of the HOD.

What is the number one rule in day trading? ›

What Is the First Rule of Day Trading? The so-called first rule of day trading is never to hold onto a position when the market closes for the day. Win or lose, sell out. Most day traders make it a rule never to hold a losing position overnight in the hope that part or all of the losses can be recouped.

What is the best trading strategy for beginners? ›

6 Online Stock Trading Strategies For Beginners
  • You have to buy low and sell high. ...
  • Market fluctuations are a part of the game. ...
  • Long term returns can help you in a big way. ...
  • Get the basics right - How to start investing in stocks. ...
  • Invest in shares of companies that offer dividend from time to time.

What do traders do on the weekends? ›

Weekend traders focus on several trading strategies. The most popular one is news trading, where they receive news and apply it in the market. For example, a crypto exchange hack can lead to more volatility in the market. Traders who trade during the weekend can take advantage of these news events.

Is $500 enough to day trade? ›

Can you start day trading in the US with $500? Yes, there are many trading platforms that allow customers to begin trading with low sums. For example, brokers like eToro and Robinhood allow customers to initiate trades from as low as $10.

Is it good to hold trades over the weekend? ›

If you are a scalper it's a simple answer: you shouldn't hold the trade. The forex market is 24/5 – you can't exit your trade over the weekend so you have to hold the trade until the market re-opens. Scalpers don't stay in trades for very long so you definitely don't want to hold over a weekend.

Does trading work on weekends? ›

Weekend trading gives you access to forex, indices and cryptocurrency markets on a Saturday and Sunday. So, if news breaks and you see an opportunity to trade, you won't have to wait until the markets open again on Sunday evening.

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