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Forex Market Hours

When does the forex market open? Use the Forex Market Time Zone
Converter tool below to view the open and close times of the main forex
trading sessions in your own local time zone.
Forex Market Time Zone Converter
Learn more about Forex Market Hours.
TIMEZONE
Moscow (GMT +3)
Midway (GMT -11)Hawaii (GMT -10)Aleutian Islands (GMT -9)Alaska (GMT -8)Los Angeles (GMT -7)Denver
(GMT -6)Chicago (GMT -5)New York (GMT -4)Puerto Rico (GMT -4)Buenos Aires (GMT -3)Rio de Janeiro (GMT -
3)Cape Verde (GMT -1)UTC (GMT +0)London (GMT +1)Berlin (GMT +2)Cairo (GMT +2)Moscow (GMT +3)Dubai
(GMT +4)Tehran (GMT +4:30)Karachi (GMT +5)Mumbai (GMT +5:30)Dhaka (GMT +6)Yangon (GMT
+6:30)Bangkok (GMT +7)Singapore (GMT +8)Tokyo (GMT +9)Darwin (GMT +9:30)Brisbane (GMT +10)Adelaide
(GMT +10:30)Sydney (GMT +11)Fiji (GMT +12)Auckland (GMT +13)Kiritimati (GMT +14)

24 Hour Time

1. 12

2. 2
3. 4
4. 6
5. 8
6. 10
7. 12
8. 2
9. 4
10. 6
11. 8
12. 10
13. 12

Sydney5:15 pmWed (UTC +11)

SYDNEY SESSION CLOSED

Tokyo3:15 pmWed (UTC +9)

TOKYO SESSION OPEN

London7:15 amWed (UTC +1)

LONDON SESSION CLOSED

NY2:15 amWed (UTC -4)

NEW YORK SESSION CLOSED

Typically Volume is

Low

9:15 amWednesday
How to use the Forex Market Time Zone Converter

The forex market is open 24 hours a day during the weekdays

which allows traders to potentially trade all day and all night.

Knowing the forex market’s operating hours is essential for a trader.

You need to know when the forex market opens and closes as well
as the four main trading sessions.

The Forex Market Time Zone Converter displays which trading

session(s) is open in your current local time.

Forex Trading Sessions

Just because you can trade the market any time of the day or night
doesn't necessarily mean that you should.

The best time to trade is when the market is active with lots of forex
traders opening and closing positions, which creates a large volume
of trades.

The forex market can be broken up into four major trading sessions:
the Sydney session, the Tokyo session, the London session,
and the New York session.

Fig 1.
Forex Trading Volume

You can make money trading when the market moves up, and you
can even make money when the market moves down. But you will
have a very difficult time trying to make money when the market
doesn't move at all.

In order for the market to move, lots of trades need to occur. And
this is why you should focus your energy during specific trading
sessions.

The forex trading sessions are named after major financial centers
and are loosely based on the local “work day” of traders working in
those cities.

The more traders…trading, the higher the trading volume, and the
more active the market.

The more active the market, the tighter the spreads you'll get and
the less slippage you'll experience. In a nutshell, you'll get
better order execution.

Fig 2.

When is the best time to trade forex?

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”.
You usually want to avoid trading when only one trading session is
open and instead, wait for trading sessions to overlap.

When two major financial centers are open, the number of traders
actively buying and selling a given currency greatly increases.

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.

Fig 3.

The best time for you to trade forex will depend on which currency
pair you’re looking to trade.

Most of the trading activity for a specific currency pair will occur
when the trading sessions of the individual currencies overlap.

For example, AUD/JPY will experience a higher trading volume

when both Sydney and Tokyo sessions are open. And EUR/USD
will experience a higher trading volume when both London and New
York sessions are open.

How to Trade with the Forex Market Time Zone Converter

Here are some tips for using the Forex Market Time Zone
Converter:

 Concentrate your trading activity during the trading hours for

the three busiest trading sessions: Tokyo, London, and
New York.
  Most market activity will occur when one of these three
markets open.
 The most active times will occur when two or more trading
sessions overlap and are open at the same time.

Frequently Asked Questions about Forex Market Hours

What are the forex market hours?

The forex market technically never closes, but retail traders can
only trade the hours between Sunday at 5:00 pm ET and Friday at
5:00 pm ET.

What time does the forex market open?

The forex market opens on Sunday at 5:00 pm ET.

What time does the forex market close?

The forex market closed on Friday at 5:00 pm ET.

What are the forex market sessions?

There are four trading sessions in the forex market:

 Sydney is open from 9:00 pm to 6:00 am UTC

 Tokyo is open from 12:00 am to 9:00 am UTC
 London is open from 7:00 am to 4:00 pm UTC
 New York is open from 1:00 pm to 10:00 pm UTC

Think like a man of action, and act

like a man of thought.Henri Bergson
 Forex Market Hours
When does the forex market open? Use the Forex Market Time Zone
Converter tool below to view the open and close times of the main forex
trading sessions in your own local time zone.
Forex Market Time Zone Converter
Learn more about Forex Market Hours.
TIMEZONE
Moscow (GMT +3)
Midway (GMT -11)Hawaii (GMT -10)Aleutian Islands (GMT -9)Alaska (GMT -8)Los Angeles (GMT -7)Denver
(GMT -6)Chicago (GMT -5)New York (GMT -4)Puerto Rico (GMT -4)Buenos Aires (GMT -3)Rio de Janeiro (GMT -
3)Cape Verde (GMT -1)UTC (GMT +0)London (GMT +1)Berlin (GMT +2)Cairo (GMT +2)Moscow (GMT +3)Dubai
(GMT +4)Tehran (GMT +4:30)Karachi (GMT +5)Mumbai (GMT +5:30)Dhaka (GMT +6)Yangon (GMT
+6:30)Bangkok (GMT +7)Singapore (GMT +8)Tokyo (GMT +9)Darwin (GMT +9:30)Brisbane (GMT +10)Adelaide
(GMT +10:30)Sydney (GMT +11)Fiji (GMT +12)Auckland (GMT +13)Kiritimati (GMT +14)

24 Hour Time

1. 12

2. 2
3. 4
4. 6
5. 8
6. 10
7. 12
8. 2
9. 4
10. 6
11. 8
12. 10
13. 12

Sydney5:15 pmWed (UTC +11)

SYDNEY SESSION CLOSED

Tokyo3:15 pmWed (UTC +9)

TOKYO SESSION OPEN

London7:15 amWed (UTC +1)

LONDON SESSION CLOSED

NY2:15 amWed (UTC -4)

NEW YORK SESSION CLOSED

Typically Volume is

Low

9:15 amWednesday
How to use the Forex Market Time Zone Converter

The forex market is open 24 hours a day during the weekdays

which allows traders to potentially trade all day and all night.

Knowing the forex market’s operating hours is essential for a trader.

You need to know when the forex market opens and closes as well
as the four main trading sessions.

The Forex Market Time Zone Converter displays which trading

session(s) is open in your current local time.

Forex Trading Sessions

Just because you can trade the market any time of the day or night
doesn't necessarily mean that you should.

The best time to trade is when the market is active with lots of forex
traders opening and closing positions, which creates a large volume
of trades.

The forex market can be broken up into four major trading sessions:
the Sydney session, the Tokyo session, the London session,
and the New York session.

Fig 1.
Forex Trading Volume

You can make money trading when the market moves up, and you
can even make money when the market moves down. But you will
have a very difficult time trying to make money when the market
doesn't move at all.

In order for the market to move, lots of trades need to occur. And
this is why you should focus your energy during specific trading
sessions.

The forex trading sessions are named after major financial centers
and are loosely based on the local “work day” of traders working in
those cities.

The more traders…trading, the higher the trading volume, and the
more active the market.

The more active the market, the tighter the spreads you'll get and
the less slippage you'll experience. In a nutshell, you'll get
better order execution.

Fig 2.

When is the best time to trade forex?

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”.
You usually want to avoid trading when only one trading session is
open and instead, wait for trading sessions to overlap.

When two major financial centers are open, the number of traders
actively buying and selling a given currency greatly increases.

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.

Fig 3.

The best time for you to trade forex will depend on which currency
pair you’re looking to trade.

Most of the trading activity for a specific currency pair will occur
when the trading sessions of the individual currencies overlap.

For example, AUD/JPY will experience a higher trading volume

when both Sydney and Tokyo sessions are open. And EUR/USD
will experience a higher trading volume when both London and New
York sessions are open.

How to Trade with the Forex Market Time Zone Converter

Here are some tips for using the Forex Market Time Zone
Converter:

 Concentrate your trading activity during the trading hours for

the three busiest trading sessions: Tokyo, London, and
New York.
  Most market activity will occur when one of these three
markets open.
 The most active times will occur when two or more trading
sessions overlap and are open at the same time.

Frequently Asked Questions about Forex Market Hours

What are the forex market hours?

The forex market technically never closes, but retail traders can
only trade the hours between Sunday at 5:00 pm ET and Friday at
5:00 pm ET.

What time does the forex market open?

The forex market opens on Sunday at 5:00 pm ET.

What time does the forex market close?

The forex market closed on Friday at 5:00 pm ET.

What are the forex market sessions?

There are four trading sessions in the forex market:

 Sydney is open from 9:00 pm to 6:00 am UTC

 Tokyo is open from 12:00 am to 9:00 am UTC
 London is open from 7:00 am to 4:00 pm UTC
 New York is open from 1:00 pm to 10:00 pm UTC

Think like a man of action, and act

like a man of thought.mikelvascon