In forex market, what are the trading hours?

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8 Answers

Rooster Cogburn Profile
Rooster Cogburn , Rooster Cogburn, answered

According to GMT, for instance, forex trading hours move around the world like this: Available in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT.

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Kevin Herrington Profile

The forex market is open 24 hours a day, and it is important to know which are the most active trading periods.

For instance, if we take a less active period between 5 pm – 7 pm EST, after New York closes and before Tokyo opens, Sydney will be open for trading but with more modest activity than the three major sessions (London, US, Tokyo). Consequently, less activity means less financial opportunity. If you want to trade currency pairs like EUR/USD, GBP/USD or USD/CHF you will find more activity between 8 am – 12 am when both Europe and the United States are active.

david jones Profile
david jones , I am a financial Analysis Expert, answered

There are three major global regions of the Forex market.

  • Tokyo (Asia)
  • London (Europe)
  • New York (Americas)

These can be called the three major global financial centers of the world; each has a different schedule of operations. While you can trade 24 hours, it may be convenient for you to trade between the opening and closing of these markets, partly because the increased liquidity will allow access to lower spreads, and secondly because outside these times the market it may be too calm, which will not let you take advantage of the inherent volatility of Forex.

Posha Pakhe Profile
Posha Pakhe answered

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Samuel North Profile
Samuel North answered

The Forex market is active 24 hours a day, brokers can trade at any time. But there is such a notion as "best trading time", it means that you'd better be active when the market is at peak. 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). You just need to pick the period when these sessions overlap, but if you're a newbie, I would highly recommend you to learn at least basic of trading (here is a free online school https://www.mytradingskills.com/ ). Good luck!

Jose K Adams Profile
Jose K Adams answered

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Meg Thomas Profile
Meg Thomas answered

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