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

[helpme_please]

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.

 

[Robert Morse]

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.

 

[PistolPete]

What is 'regular' hours in FX ?

 

[helpme_please]

What is 'regular' hours in FX ?

My guess is that for the IBKR platform, it is U.S hours.

 

[helpme_please]

I dug out an old thread. It seems like this issue has been around since more than 10 years ago.
https://www.elitetrader.com/et/thre...ering-outside-of-regular-trading-hours.51817/

 

[Visaria]

Is it advisable to always enable this option for forex futures since forex trades round the clock?

Yes.

 

[helpme_please]

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.