When is Forex market open?
FX market is open 24 hours a day, 5 days a week. There are trading sessions which correspond to the time during which stock markets are open in a particular region of the world. Usually, trade volume is higher at the intersection of the sessions. FX day always begins in Australia and New Zealand and then spreads to Asia. After that it’s the turn of Europe and, finally, the United States and Canada join in.
You can trade anytime you wish during the working week. You can open your currency position for a couple of hours or even less (intraday trading) or for a couple of days (long-term trading) – just as you see fit.
Approximate time of trading sessions (GMT)
|
Summer (aprox. April - October) |
Winter (aprox. October - April) |
|
|
Australia |
22:00-07:00 |
21:00-06:00 |
|
Japan |
23:00-08:00 |
23:00-08:00 |
|
UK |
07:00-16:00 |
08:00-17:00 |
|
USA |
12:00-21:00 |
13:00-22:00 |
Other articles in this section
- Demo accounts
- MACD (Moving Average Convergence/Divergence)
- Trend
- Position size, level of risk
- Margin, Leverage, Margin Call, Stop Out
- Swap and rollover
- Transaction, profit, loss. Types of orders
- Economic calendar
- How can I predict where exchange rates will go?
- Bid and Ask price. Spread
- Calculating profits
- What are pips and lots?
- How to trade?
- Currency pairs. Base and quote currencies. Majors and crosses
- What technical tools do I need for trading?
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