Forex Market Hours map shows the current open closed holiday status and current time for Forex trading centres in the world- 12 hour format

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Coincidentally, some of the major forex exchange hubs also host the major stock exchanges. For example, the NASDAQ and the New York Stock Exchange are located in, you guessed it right, in New York; The London Stock Exchange is located in London, and the Tokyo Shoken umarkets review Torihikijo is based in Tokyo. Futures, Options on Futures, Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. Spot Gold and Silver contracts are not subject to regulation under the U.S. Before deciding to trade forex and commodity futures, you should carefully consider your financial objectives, level of experience and risk appetite.

when does the forex market close

Most of the time, the Forex market opens and closes according to the time of Thailand. We are also attemping to include all local holidays for Forex Trading centres displayed on our map. Sometimes there is very little liquidity (i.e., money sold without causing significant price changes). The act of buying and selling in a short period of time, usually one day, is known as day trading. So join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations. So if you are a beginner trader and to become a good professional forex trader.

Click on a time zone for Daylight Saving Time transition dates and times. One of the best features of Forex is that it can be traded at any time during the week. Choose from spread-only, fixed commissions plus ultra-low spread, or STP Pro for high volume traders. The first of these windows, between New York and London, is possibly the most important. Experience our trading platform for 90 days, risk-free.

Spot gold and silver trading also follow CME holiday closures. Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. We will keep this information up-to-date on a best efforts basis.

This handy clock shows you which markets are currently open, which are closed, and when the currently open market will close. Dollars to get some British Pound for pocket money at an Airport Foreign Exchange Kiosk after arriving in London, in the middle of the night, it would be also considered as a foreign exchange trade. However, as you can guess by now, large billion-dollar, cross-border, transactions do not happen at 3 a.m. Theoretically, it is true that there is no central exchange in the Forex market, and anyone can buy and sell currencies any time of the day or any day of the week. Trade a wide range of forex markets plus spot metals with low pricing and excellent execution. Although you can trade currencies around the clock, you can’t trade securities in the same way.

John Russell is an expert in domestic and foreign markets and forex trading. He has a background in management consulting, database administration, and website planning. Today, he is the owner and lead developer of development agency JSWeb Solutions, which provides custom web design and web hosting for small businesses and professionals.

The time difference between a trading market’s opening and closing time is called Gap. To hedge their risks, a business may enter currency swaps, providing the right to purchase a determined amount of foreign currency at determining future pricing of other currencies. Therefore, this strategy limits overall exposure to potentially large variations in the valuation of a currency. The exact time to start trading depends on the broker and the international time zone to which the broker belongs. The easiest way for you to figure out when the Forex market opens is to use my Forex clock.

Forex Market Hours Based Strategy No# 2: Breakout Trading at London Opening Hours

For instance, an Australian trader decides to make a currency trade at 3 am; the Australasia market closed. However, the North American and European markets will be open, allowing the trader to conduct unlimited trades through foreign dealers. The forex market is open for trading five days a week, eight hours per day. Due to the different time zones the markets are in, you’re able to trade seven days a week, 24 hours a day. Some investors would not recommend trading when a currency’s market is closed. At market close, a number of trading positions are being closed, which can create volatility in the currency markets and cause prices to move erratically.

When you first came to know about the global currency market, you probably came in touch with marketing materials claiming that this market remains open 24 hours a day and seven days a week. Anyone who traded equities or any other commodities knows that stock exchanges or other markets are usually open during banking hours in a day. However, being a decentralized market, the Forex market has no rigid trading hours. However, because it is a global market, the forex market operates around the clock. You can trade day or night because forex trading sessions run and overlap all over the world.

Can I Trade a Currency When Its Main Market Is Closed?

Since Forex lacks a central exchange, it moves from country to country during the week. Forex only closes on weekends when most of the worlds banks are closed. If you are an intraday trader, trading during this particular time of the day will certainly be going to increase your odds of success regardless of which technical trading strategy you are pursuing. If you are a Forex trader who applies breakout trading strategies, it makes perfect sense to look for breakout trades at the opening hours of the London market open. To do so, of course, you need to trade in smaller time frames like the 5-minute or the 15-minute charts. Spot gold and silver trading is available 23 hours a day from 6pm ET Sunday through 5pm ET Friday.

Because during this time, two of the largest financial centers are operational, which increases liquidity in the market. High market liquidity is a pre-requisite of low spreads and short-term traders who only bag pips at a time need low spreads to reduce their cost of business. In the forex market, global currencies are traded at all times of the day. The forex market is very liquid, and the increased availability of advanced technology and information processing has only increased the number of participants and the volume of trades.

Forex Market Hours Session Times in EST and GMT

Although markets in many foreign countries are closed when North American markets are open, trading on foreign currencies still takes place. The highest trading volume occurs during the overlap of the London and New York trading sessions. More than 50% of trading volume occurs at these two financial centers. During the weekdays, there’s always at least one forex trading session open although there are periods of downtime when the market is really quiet and trading volume is low or “thin”. Please think of the Forex market as a working clock system, with its own hours.


It is important to remember that each of the forex session times are approximations as to when trading activity picks up and is influenced by the relative region/session. Globally, forex session times are a general indication not hard fixed times – they are influenced by many factors, including when local business’ open and close. By looking at the average pip movement of the major currency pairs during each forex trading session, we can see that the London session has the most movement. The foreign exchange market is a decentralized global market that traders can use to trade currencies. Observing proper trading hours helps you isolate the best pairs to trade that each trading session.

Forex market hours run 24-hours a day during the week, but the market is closed on weekends. This continuous trading is only possible because forex is traded all over the world in decentralised venues. As you can see, the most active trading time zones are from London and New York. They overlap for around 4 hours in between and account for more than half of the trading volume every day. They contradict each other, because trading centers are only open for eight hours, but you can trade 24 hours a day.

Each trader must be aware of its importance, and he must know the opening and closing hours. The most appealing feature is its involvement in the area or location from where you start trading. Generally, London or New York is open, preferably overlapping. This offers the most balanced combination of volatility and liquidity. Meanwhile, the worst periods to trade are after the New York session closes and the Sydney session’s opening. The need for securities, including domestic bonds, stocks, or commodities, is not in high demand internationally; therefore, trading past standard business hours is not needed domestically.

You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. References to or GAIN Capital refer to GAIN Capital Holdings Inc. and its subsidiaries. Please read Characteristics and Risks of Standardized Options. When it comes to international trading markets, many financial institutions are involved, such as private banks, central banks, investment management companies, hedge funds, Forex brokers, etc.

You’ll have the choice of trading 90 global FX pairs with competitive spreads. The main reason for the 24-hour trading availability of Forex markets is due to international time zones, which means that at least one region has Forex markets open while others are closed. The forex market requires a large volume of trade transactions to have a significant move.


It is often seen that the closing time at one place is the opening time of another session. It is because of the time difference between different countries. That’s why the forex market is considered the best market that is open 24 hours for traders to place trading orders. Most short-term intraday traders decide to trade during the second half of the London session.

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