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Forex trading hours

You can trade Forex around the clock, 5 days a week from 00:00 EET on Monday to 23:59:59 EET on Friday.

The Forex market is open 24 hours a day. Although there aren't necessarily any trading sessions, like with stock exchanges, banks in different parts of the world have different trading hours. In the table below, you can see when Forex trading opens and closes at banks around the world. When trading, you should take these times into account, as markets opening and closing can have an impact on the level of trading activity. Times are listed in GMT (Greenwich Mean Time, the time we typically use on our site), EET (Eastern European Time, the time used on our servers and in our trading platforms).

Summer Time

Winter Time

You can find the open and closing times, margin requirements, etc. for our different trading instruments in our "Contract Specifications".

If you are having trouble connecting to our trading servers, our technical support team is available to take your calls around the clock.

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Forex Market Hours

The Forex Market Hours clock is set to GMT Time.

The forex market trades 24 hours a day 5 days a week and has the highest trading volume of any other market (stocks, futures, etc) which also makes it the most liquid of all markets.

The forex market hours can be characterized by 4 main sessions of trade - Sydney Session, Tokyo Session, London Session and New York Session.

The best time for a trader to trade forex, or any other asset class for that matter, is when the market is most liquid and is directional or has sufficient volatility - because no one makes money in a flat market with poor liquidity.
Another benefit of a very liquid market is that spreads (assuming you are trading with variable spreads) will tend to be lower.

It therefore makes sense that the busiest and therefore best times to trade forex is when there is an overlapping between the different sessions.

These overlapping periods are summarized in the table Overlaping Forex Market Hours Table below (in GMT times) and it should be noted that they change during Daylight Savings Times (DST) for the various regions - the Overlapping Table automatically adjusts for DST changes.

Countdowns to the opening & closing bells
for all stock and financial markets you see on Market24hClock

currently open markets | currently closed markets

currently open markets currently closed markets

/ Opening/Closing Bell - you can turn on/off the sounds for markets opening or closing (lunch breaks included)!
Daylight Saving Time changes are taken into account when calculating all Opening/Closing Bell countdowns.

Forex Market Hours

The Forex Market Hours clock is set to GMT Time.

The forex market trades 24 hours a day 5 days a week and has the highest trading volume of any other market (stocks, futures, etc) which also makes it the most liquid of all markets.

The forex market hours can be characterized by 4 main sessions of trade - Sydney Session, Tokyo Session, London Session and New York Session.

The best time for a trader to trade forex, or any other asset class for that matter, is when the market is most liquid and is directional or has sufficient volatility - because no one makes money in a flat market with poor liquidity.
Another benefit of a very liquid market is that spreads (assuming you are trading with variable spreads) will tend to be lower.

It therefore makes sense that the busiest and therefore best times to trade forex is when there is an overlapping between the different sessions.

These overlapping periods are summarized in the table Overlaping Forex Market Hours Table below (in GMT times) and it should be noted that they change during Daylight Savings Times (DST) for the various regions - the Overlapping Table automatically adjusts for DST changes.

Forex Market Hours

Disclaimer

This page contains downloadable materials. The materials may contain errors. If you choose to download them and use then you are doing so at your own risk. Kirill Eremenko and forexboat.com will not accept liability for any financial losses arising from reliance on these materials. Please make yourself aware of the disclaimer on the following page: http://forexboat.com/disclaimer

Forex Market Hours Map

Iím currently in the middle of creating a video-course for Traders who are just starting out into the unbound Forex Market. In one of the tutorials I talk about Forex Market Hours and I needed a World Map which would visualize Forex Timezones. I looked around but couldnít find anything decent Ė all of them were either poorly made or in bad resolution. So I created my own forex market hours map which I want to share with you today!

The timeline at the bottom of the map is based on GMT time. More timezones are available at the bottom of this post.

>> To Download in HD scroll down and select your timezone

Forex Timezones Explained

What can we see from this visualisation of Forex Market Hours?

How can we use this information in our trading?

Letís look at the sessions one-by-one and see what exactly happens over a 24-hour period on the Forex Market.

Australian Session

If we go from right to left (just as the sun rises Ė from East to West), then you will notice that the first session to open is the Sydney Forex Market session. Australians are the first ones into a new day*. Itís still 22:00 of the previous day in London when Sydney Banks open up!

*Actually, itís New Zealand. Their Forex Market Hours are 20:00-05:00 GMT, however the associated trade volumes are very low so itís better to focus on the Australian session.

Tokyo Session

The Tokyo session follows shortly after. This session is also called the Asian session, because right after Tokyo large economic hubs like Singapore and Hong Kong start waking up. The Asian session starts around 00:00 GMT time, when most of Europe is in a deep sleep. This is why you often hear European traders talking about waking up at 3am to trade the Asian session before going back to bed.

Also, you may have already noticed that some Forex sessions overlap quite significantly. For example, the Australian session and Asian session. You can use this to your advantage knowing that pairs like AUDJPY and NZDJPY will have the highest volatility during the Forex Market Hours of these two sessions.

London Session

Undoubtedly, London is the Economic Centre of Europe, and itís just natural that the European sessions is also called the London session. Moreover, by the time the Brits wake up, other major economic hubs like Frankfurt , Luxembourg and Zurich have already started into their Forex Market Hours for the day.

An interesting observation is that the Forex Market Hours of the Tokyo and London sessions overlap for approximately 1 hour (varies for other European countries). You can (and probably should!) use this fact to your advantage. This means that all the crosses of European currencies and the JPY will have the highest volatility at the start of the European session . So if you are trading the GBPJPY you can simply carry out a few powerful trades between 8am-9am GMT, and then you are free for the day!

New York Session

Forex market hours of the US start with New York . This is because New York is one of the biggest financial centres in the world as well as being the East-most major city in America. The American session includes other major economic hubs such as Chicago (Worldís largest derivative market), Toronto (Canadian financial hub), and others.

What happens when you put more firewood into a fire? Thatís right! It burns even harder. Same thing here Ė New York and London are the two of the Worldís biggest finance centres, and the American session starts when Europe is only half-way through. Of course, you are going to get an extremely fast-paced and volatile market!

You can profit from this! A lot of the major pairs like EURUSD, GBPUSD and USDCHF experience massive movements and specific patterns during this time. In fact, I created a holistic trading strategy for the GBPUSD just based on this one fact. The strategy is called Simple System v6.0 and you can find it in this course. It uses an extremely profitable pattern that I discovered for GBPUSD.

Forex Market Hours Summary

Finally, you can see that although the New York and Australian sessions donít overlap, they follow each other back-to-back. This illustrates why the Forex market is open 24 hours a day, 5 days a week.

Whatever your trading strategy, it is always beneficial to keep in mind the Forex Market Hours of the Four Forex sessions. Different sessions are dominated by different types of traders, banks, governments and, as we saw, Ė currency pairs. Taking this into account will certainly give you a competitive advantage.

Your Forex Timezone

The Forex Market Hours Map is in HD (over 1920p) resolution, so you can even use it as your desktop background if you like!

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