Foreign exchange trading hours

Trading hours in the foreign exchange market

Trading hours in the foreign exchange market One of the unique features of the foreign exchange market is that it can 24 Open every hour, Due to the overlap of trading hours during the main trading periods. When a major market is closed, Another market opens. main Foreign exchange transactions There are time slots available 4 individual:

  • afternoon 3 From midnight to early morning 12 drop

    (Eastern Standard Time)

  • evening 7 From midnight to early morning 4 drop

    (Eastern Standard Time)

  • before dawn 3 From noon to morning 11 drop

    (Eastern Standard Time)

  • morning 8 From noon to afternoon 5 drop

    (Eastern Standard Time)

For the sake of uniformity, All times are based on New York time as Eastern Standard Time (EST) . Traders should pay attention, America, Countries such as the UK and Australia adhere to daylight saving time. Please make sure to note the impact of this on the local time in your relevant time zone.

MetaTrader 4 It is the most popular trading platform in the world, It is also the preferred platform for day traders. FP Markets of MetaTrader 4 The trading time is shown in the table below. Foreign exchange traders should pay attention to the following matters:

  • FP Markets of MetaTrader 4 The server time chart is GMT+2 perhaps GMT+3 (When New York daylight saving time takes effect)

  • We set the server time this way to ensure weekly availability 5 The transaction of heaven

  • All currency pairs throughout the day 24 Hourly trading, exist 23: 59 and 00: 01 There is a two minute interruption between them. Trading week starts from Monday 00: 02 start, Friday 23: 57 end

  • Applicable to all currencies, Including US dollars, AUD, pound, Euro and Japanese Yen

Foreign exchange liquidity and volatility

During the period when the liquidity provider went offline, Minor delays and small breaks have been implemented, To prevent the spread from widening. The liquidity of a specific currency pair also depends on a certain time of day. This is because trading volume plays a crucial role in the liquidity of the money market.

for example, euro/During the intersection of trading hours in London and New York, the US dollar currency pair (When two trading sessions overlap) Will experience high trading volume and liquidity. This is the time when the number of online traders in the United States and Europe is the highest.

similarly, The ideal time to trade Australian dollars against Hong Kong dollars or Singapore dollars is at the opening of the Tokyo and Sydney trading sessions. in this period, Not only are Australian and Asian traders the most active, And it is also the time for the release of important economic data in these regions. therefore, This is the best time to conduct fundamental and technical analysis to avoid high-risk trades and identify trading opportunities.

The best time to trade US dollars is during the busiest period in North America, Trading Australian dollars and more during the Sydney session. FP Markets It is a foreign exchange broker, Can meet the needs of forex traders with various skill levels.

Trading schedule

Forex pairs Monday 00: 02 – 23: 59
Forex pairs Tuesday to Thursday 00: 01 – 23: 59
Forex pairs Friday 00: 01 – 23: 57
CZK pairs Monday to Friday 08: 00 – 24: 00
CZK pairs Friday 08: 00 – 23: 55
USDRUB Monday to Friday 10: 00 – 23: 50
USDCLP Monday to Friday 15: 50 - 19: 10
USDCOP Monday to Friday 17: 00 - 20: 50
USDTWD Monday to Friday 03: 10 - 23: 00

contact information

cs@fpmarketsltd. com

office

Sydney