What Are The Forex Market Hours and Trading Sessions? | JustMarkets (2024)

Forex is a decentralized market, which operates through various financial centers of the world. Since these financial centers are located in different time zones, for all account types the Forex market is open 24hours a day, five days a week from 00:02:00 (GMT+2) Mondays till23:58:59(GMT+2) Fridays. Friday is the last day of the currency market operation, because large market participants, including various financial institutions, large funds, companies, and banks, are closed for the weekend.

Trading Hours

Since JustMarkets offers trading not only FX currencies pairs, but also indices, shares, metals, energies, trading hours of a single trading instrument may differ. Please see the schedule of market hours for various trading instruments:

  • FX Currency Pairs
  • Metals
  • Indices
  • Energies
  • Shares
  • Cryptocurrency

FX Currency Pairs

Name Monday (GMT+2) Tuesday (GMT+2) Wednesday (GMT+2) Thursday (GMT+2) Friday (GMT+2)
All FX pairs 00:02-24:00 00:00-24:00 00:00-23:59

Metals

Name Monday (GMT+2) Tuesday (GMT+2) Wednesday (GMT+2) Thursday (GMT+2) Friday (GMT+2)
XAGEUR 01:02-23:58 01:01-23:58
XAUAUD 01:02-23:58 01:01-23:58
XAUEUR 01:02-23:58 01:01-23:58
XPDUSD 01:02-23:58 01:01-23:58
XPTUSD 01:02-23:58 01:01-23:58
XAGUSD 01:02-23:58 01:01-23:58
XAUUSD 01:02-23:58 01:01-23:58

Indices

Name Monday (GMT+2) Tuesday (GMT+2) Wednesday (GMT+2) Thursday (GMT+2) Friday (GMT+2)
AU200 01:02-23:59
DE40 01:02-23:59
ES35 09:02-20:59
EU50 01:02-23:59
FR40 01:02-23:59
HK50 01:02-23:59
JP225 01:02-23:59
UK100 01:02-23:59
US100 01:02-23:59
US30 01:02-23:59
US500 01:02-23:59
CHA50 01:02-23:59

Energies

Name Monday (GMT+2) Tuesday (GMT+2) Wednesday (GMT+2) Thursday (GMT+2) Friday (GMT+2)
BRENT 03:02-23:59
WTI 01:02-23:59
XNGUSD 01:02-23:59

Shares

Cryptocurrency

Name Monday (GMT+2) Tuesday (GMT+2) Wednesday (GMT+2) Thursday (GMT+2) Friday (GMT+2) Saturday (GMT+2) Sunday (GMT+2)
BTCUSD 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00
BCHUSD 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00
ETHUSD 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00
LTCUSD 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00
XRPUSD 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00 00:05-24:00
ADAUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
DOGUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
DOTUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
EOSUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
LNKUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
XLMUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
KMSUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
SOLUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00
MATUSD 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00 00:00-24:00

Every second Saturday there is a trading break from 00:00(GMT+2) to 01:00(GMT+2) for the next instruments: BTCUSD, BCHUSD, ETHUSD, LTCUSD, XRPUSD on all account types.

JustMarkets is constantly improving its services and expanding the range of trading instruments, so only the main tools are indicated above, and the list may be not full. If you haven't found the necessary instrument in the table above, you may always check its working time in the MT4/MT5 trading terminal → Specification of the needed trading instrument.

Please, pay attention, that quotes and trading may be unavailable during server maintenance hours.

Also, please note that the working hours of a trading instrument may change due to holidays or other reasons. We publish all the changes in the trading schedule in Our news section.

Trading Sessions

The foreign exchange market has specific working hours. There are several Forex trading sessions with different schedules. During each session, there is a certain currency that experiences high volatility.

Session City Open (EET*) Close (EET*)
Pacific Sydney 0:00 9:00
Asian Tokyo 2:00-3:00 11:00-12:00
European London 10:00 19:00
American New York 15:00-16:00 0:00-1:00

* Eastern European time: GMT+2 winter; GMT+3 summer

  • Pacific trading session

    Forex starts its working hours when the Pacific session opens on Monday local time. This session is characterized by rather low volatility, and, as a matter of fact, this is the most peaceful time in the market.

  • Asian trading session

    The Asian session follows the Pacific session. Currency pairs that include USD, EUR, JPY, and AUD are traded actively during these hours. The high trading volume of AUD takes place due to the intersection of the working time of this session with the Pacific one.

  • European trading session

    The opening of the European session starts in financial centers such as Frankfurt, Zürich, and Paris. Trading gets even more active when it comes to London. The activity fades away during lunchtime but then resumes by evening. Fairly strong volatility may be noticed during the European session because the European zone has a large money turnover.

  • American trading session

    The most active time in the foreign exchange market is the beginning of the American session because it reaches the opening hours in New York and the renewal of trading in Europe. Fundamental news of high importance is released at the beginning of the American session. It is characterized by high activity especially on Friday before the trading is closed.

How to Use This Info in Practice?

To make use of knowing the Forex trading hours, mind the following tips:

  • The highest trading activity is observed during the European and American sessions, so this is the best time to trade. In those hours, most transactions are carried out, and trading spreads are the lowest.
  • You may also notice that some trading sessions overlap, so during these hours, volatility is usually the highest.
  • In the Asian session, the Japanese yen is traded the most actively.
  • The activity in the European session is the highest during two periods: 10:00-14:00 and 15:00-19:00.
  • Be careful during the "thin" market– a transitional time between sessions when there is not enough liquidity to maintain a stable price chart, i.e. strong impulses are possible.
  • During the New Year rally, large banks and exchanges are closed for holidays; companies withdraw funds for summing up the results and reporting. This is a long "thin" market when you need to be extremely careful.
  • The gap often follows the market opening after the weekend, so we recommend you protect your funds by placing Stop Loss and Take Profit orders or even close all positions on Friday.

Trading Schedule Changes

Trading schedules may change due to holidays such as Christmas, US Independence Day, Labour Day, etc. During some holidays, when markets are closed, trading is not carried out at all. In other cases, market hours may be shifted.

JustMarkets always publishes the updated trading schedule if the market hours change. You can find the updates in the News section. Please follow our news to be aware of any schedule shifts. We recommend you take trading schedule changes into account as you may need to revise your trading plan if, for example, low liquidity is expected in the market.

Trade with JustMarkets when it suits you Start Trading

Frequently Asked Questions

  • When is the Forex market open?

    The Forex market is open 24hours a day, five days a week from00:00:00(GMT+2) Monday to23:59:59(GMT+2) Friday.

  • Why is Forex closed on weekends?

    Friday is the last day of the currency market operation, because large market participants, including various financial institutions, large funds, companies, and banks, are closing for the weekend.

  • What are Forex trading sessions?

    There are four main Forex trading sessions:

    • Pacific trading session– 00:00-09:00(EET);
    • Asian trading session– 02:00-12:00(EET);
    • European trading session– 10:00-19:00(EET);
    • American trading session– 15:00-01:00(EET).
  • What is EET?

    EET means Eastern European Time: GMT+2 in winter, GMT+3 in summer.

  • What is the best time of the day to trade Forex?

    The highest trading activity takes place during the European and American sessions, so these hours are considered the best time to trade. During this period, most transactions are carried out, and trading spreads are the lowest.

What Are The Forex Market Hours and Trading Sessions? | JustMarkets (2024)
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