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Forex Market Hours

Forex trading hours: London, New York, Tokyo, Sydney sessions.
Best trading time in the Forex Market

Forex market hours. When to trade and when not to

Forex market is open 24 hours a day. It provides a great opportunity for traders to trade at any time of the day or night. However, when it seems to be not so important at the beginning, the right time to trade is one of the most crucial points in becoming a successful Forex trader.
So, when should one consider trading and why?

The best time to trade is when the market is the most active and therefore has the biggest volume of trades. Actively traded markets will create a good chance to catch a good trading opportunity and make profits. While calm slow markets would literally waste your time & efforts — turn off your computer and don't even bother!

Live Forex Market Hours Monitor:

Forex trading hours, Forex trading time:

New York opens at 8:00 am to 5:00 pm EST (EDT)

Tokyo opens at 7:00 pm to 4:00 am EST (EDT)

Sydney opens at 5:00 pm to 2:00 am EST (EDT)

London opens at 3:00 am to 12:00 noon EST (EDT)

And so, there are hours when two sessions overlap:

New York and London: between 8:00 am — 12:00 noon EST (EDT)
Sydney and Tokyo: between 7:00 pm — 2:00 am EST (EDT)
London and Tokyo: between 3:00 am — 4:00am EST (EDT)

For example, trading EUR/USD, GBP/USD currency pairs would give good results between 8:00 am and 12:00 noon EST when two markets for those currencies are active.

At those overlapping trading hours you'll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market.

What about your Forex broker?

Your broker will offer a trading platform wih a certain time frame (the time frame will depend on the country where broker operates).
When focusing on market hours, you should ignore the time frame on your platform (in most cases it'll be irrelevant), and instead use the universal clock (EST/EDT) or the Market Hours Monitor to identify trading sessions.
If you haven't chosen a Forex broker yet, we recommend Forex brokers comparison to aid your search.


We have made it easy for everyone to monitor Forex trading hours sessions while being anywhere in the world:

Download Free Forex Market Hours Monitor v2.12 (814KB) Last update: April 20, 2007. Time zone option is added for most of North American and European countries.

Stock Market Traders Clock and Forex Sessions

All traders are well aware that the Forex market is open 24 hours 5 days a week. And every once wondered: At what time to trade better, and when to refrain from any trades? On this and on how to determine their relative time UTC (Coordinated Universal Time) or GMT (Greenwich Mean Time), and we will talk in this post.

Technically trading week starts on a Sunday morning in Tel Aviv (Israel), but due to the small volume of trading this session ignore. But the real beginning is considered the beginning of trading in Wellington (New Zealand). But here, a very small business marketplace, and so the market comes to life only when the bidding starts in Tokyo (Japan) and Sydney (Australia). Is then connected the largest trading center in London (England) and at this time, as a rule, the market is much more active. Peak trading activity occurs when the London session is added and New York (the second largest trading volumes Trading Centre).

So during the day decided to allocate 4 main trading sessions:

  1. Australia and Oceania (Sydney, Wellington) – GMT 22:00-06:00
  2. Asian session (Tokyo, Singapore, Hong Kong) – GMT 00:00-09:00
  3. European Session (London, Zurich, Paris, Frankfurt) – GMT 07:00-16:00
  4. American session (New York, Chicago, Toronto) – GMT 13:30-20:00

Where and how much to UTC begins or that trading session clearly seen in these stock clock:

These clocks showing real time global foreign exchange market and help to accurately see the beginning and end of sessions. Hour hand stock clock unlike ordinary clock only does 1 revolution per day (one rotation every 24 hours), and the minute and second hands to make one rotation in 60 minutes and 60 seconds, respectively, as in ordinary clock.

The weekend clock runs in demo mode. Simple principle of stock clock you can see in the picture below:

Scale structure of stock clock:

In addition, the stock clock will help determine the time offset your broker about the time in UTC or GMT, which may be necessary for setting the properties in some experts advisors. For example, on the clock of your broker is now 15:32, and 13:32 on the stock clock. In this case, the time of your broker - UTC +2 (GMT +2).

In fact UTC (Coordinated Universal Time) and GMT (Greenwich Mean Time) show the same time. I now I will not write the history of formation of these systems timing. Except to say that they vary a lot for 1 second view of the fact that time is GMT unstable within one second per year, and the system UTC younger than GMT.

So, the system UTC accepted as a more convenient clock stock and Forex market time is calculated from this time.

Forex Clock

Welcome to my Forex clock. This Forex clock was specially designed to help traders keep track of the different Forex trading sessions. The clock is great for keeping track of how many hours until a specific trading session opens or closes. It will automatically adjust to your computers times.

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Forex Trading Hours clock

Forex trading hours can be said to be a time period that is made up of a day of business in the financial market, which covers periods from the opening bell to the closing bell. It is required that all orders for the day should be placed within the time frame of the trading session, with bulls and bears participating in shaping the live market prices.

See LIVE Forex market hours monitor here >>

During weekdays we have the forex market open 24 hours a day, but we should be aware that this alters during the weekend. It is also important for us to state here that the market presents sessions in which price is generally volatile and periods in which price turns out flat. We should consider is the mutating characteristic of different currency pairs at certain times of the day’s trading session, as a result of the overall demographic of the market participants. We will explore some of the major trading sessions in this article, and look at the kind of market activities that can be expected over these periods, and also how traders can incorporate these knowledge into a concise trading plan.

Liquidity is of paramount concern to traders when looking at the various times of the day, and we can simply it to mean the ability to enter a trade without measurable price shifts.

Some high liquid pairs like the EURUSD can take up massive orders without reacting, but the exotic pairs are more likely to slip noticeably when massive orders are being entered, which is evident because they are made up of fewer orders in the market and as such larger orders will eat up all other orders before getting filled eventually.

The sheer size of the forex market should suggest that entering and closing positions won’t hurt liquidity especially for the big players, but one major concern should be market reaction during these sessions of altering liquidity. The high liquidity sessions of the market are those periods in which the largest number of traders are live in the market.

Asian Trading Hours

The Asian markets are basically the first to open after the weekend. We can say that activity from that part of the globe is represented by the Tokyo capital markets, which comes alive at 06:00 GMT. Some other financial centres from the region do have a significant pull on the trading hours, such as Australia, Russia, China, New Zealand and a host of others. Traders basically consider the Asian trading hours to run from 23:00 GMT to 08:00 GMT.

European Trading Hours

London represents the financial hub in Europe, with trading starting just before the close of the Asian session. It represents a very dense session in the market, with activities from major financial markets coming to play. The London session start around 07:30 GMT to 15:30 GMT. This trading hours get greater exposure as other capital markets joins the party. Other active markets in the region includes Germany, France, Switzerland and many more.

North American Trading Hours

The market across Pacific comes alive just hours after the close of the Asian markets, but usually halfway through for European traders. The U.S. market dominates the activities during these session, with added liquidity from Canada, Mexico and a few other South American markets. It comes as a surprise that the New York trading session marks the highlight of this trading session with peak volatility during this session.

Winter Forex Trading Hours (October – April)

it's Forex o'clock
on Market 24h Clock

Market24hClock is a reference web site where traders decide
when it is best time to trade Forex.

We work daily to improve the Market24hClock and put all the essential data together to minimise the time you spend on trading.
Our simple and intuitive 24-hour Forex Traders Clock shows Forex market in real time.
In this clock we mapped Forex sessions as groups of most influential stock markets and only those of forex trading hours that have the most effect on currency movements globally.
We mapped Forex activity periods and strategically important points of time for traders to help you decide when it's best to enter and exit your trade.

Along with the Market 24h Clock, traders are provided with Currently Open Forex Positions data that allow to predict currencies movements for the next few hours, Economic Calendar (you will find the upcoming economic events under the Forex Trading Hours Clock as well), current and historical support and resistance data, live Forex quotes and actual stocks, indices and commodities data that can be used for refference.

Market24hClock's Features:

Trading Hours

you see currently open markets as orange sectors

Market 24h Clock shows market hours of 19 stock markets.
The main purpose of the Market 24h Clock is to show the most influential hours when the price movements are the strongest.
That is why we choose only those stock exchanges that directly influence and drive currency movements and, similarly, trading sessions and trading hours shown by the Market 24h Clock are those that have the most effect on the forex market.

For example, floor trading on FWB Frankfurt is open till 07:00 am (8pm Frankfurt Time), but Market 24h Clock shows Frankfurt close at 04:30 pm (05:30pm Frankfurt Time) as it corresponds to Xetra closing and the end of the European Trading session. see the full list of trading hours for each stock exchange for further reference.

Forex Sessions

Market 24h Clock shows five major Forex Sessions
as five large groups of stock Markets:

Pacific Session (New Zealand Stock Exchange NZX, Australia Stock Exchange ASX)
Asian Sesion with two major Middle East Markets (Tokyo Stock Exchange JPX, Singapore Exchange SGX, Hong Kong Stock Exchange HKEx, Shanghai Stock Exchange SSE, India National Stock Exchange NSE)
Middle Eastern Sesion: (Dubai Financial Market DFM, Saudi Stock Exchange TADAWUL)
European Session together with Johannesburg Stock Exchange JSE (Moscow Exchange MOEX, London Stock Exchange LSE (= Euronext Hours), Swiss Stock Exchange SIX, Frankfurt Stock Exchange FWB)
American Session together with Brazilian Stock Exchange BOVESPA (New York Stock Exchange NYSE, NASDAQ Stock Exchange, Toronto Stock Exchange TSX, Chicago Stock Exchange CHX)

Closed Markets

you see which markets are currently closed

Market 24h clock shows Stock Exchanges and Markets closed also on market holidays and public holidays, as well as on weekends.

Lunch Breaks
for Asian Markets

Market 24h Clock also shows lunch breaks for all markets that have midday breaks. Those hours are crucial for traders, as trading volume changes when Asian markets close for lunch.

JPX Tokyo 02:30 am - 03:30 am (11:30 am - 12:30 pm Tokyo time)
SGX Singapore 04:00 am - 04:58 pm (12:00 - 12:58 Singapore time)
HKEx Hong Kong 04:00 am - 05:00 am (12:00 - 13:00 Hong Kong time)
SSE Shanghai 03:30 am - 05:00 am (11:30 - 13:00 Shanghai time)

Strategic points

18 Strategically Important Moments of the Trading Day for a forex trader.

Market Activity Sectors

highlighted peak market activity hours when strong price movements take place.

These particular sectors show you the best time to trade and take profit.

Rollover Line

10:00 pm (5pm EST)* stands for the end of the current trading day (settelment date). This is the time when Rollovers (Swap Rates) are applied to open positions after 10:00 pm (5pm EST)* change in settlement date.

(*Please, note that time varies with some brokers).

Market 24h Clock is set to
your Time Zone

You can set Market 24h Clock to your ar any other time zone!
Go to the Market 24h Clock and click the next to the Market 24h Clock to open the Clock settings.

There are multiple
Markets Clocks

Choose single-market clocks to be shown above the main Market 24h Clock. Each single-market clock shows trading session and local time of a market it is referring to.
Go to the Market 24h Clock and click the next to the Market 24h Clock to open the Clock settings and select markets.

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