Forex market is the exchange that is active the whole working week. In this article, I will discuss forex opening times for different world countries. We will use Eastern Standard Time (EST) and Greenwich Mean Time (GMT) as the standard time zones.
When does the forex market open?
Forex market opens at 5 p.m. EST on Sunday (10 p.m. GMT) wintertime. The exact time to start trading depends on the broker and the international time zone to which the broker belongs. The forex market is open 24 hours a day, during working days, in different parts of the world, from 5 p.m. EST (10 p.m. GMT) on Sunday until 4 p.m. EST (9 p.m. GMT) on Friday during wintertime. The forex market opens on Sunday at 4 pm EST (21 GMT) and closes on Friday at 4 pm EST (21 GMT) during Summer Time (daylight saving time).
A weekend price gap occurs because there is often a difference in price between Friday’s close and Sunday’s opening.
In the forex trading industry, traders trade using brokers. The brokers working time is significant when we talk about forex market open and forex market close time. The biggest number of Metatrader brokers are located in Europe, the USA, Australia, and other countries. If you are a Metatrader platform trader, it is excellent to know the trading times for a particular broker.
Read more When does Forex Market Close on Friday? in our article.
Every working day, the trading session can be divided (Eastern Standard Time):
- New York: 8:00 am to 5:00 pm EST
- Tokyo: 7:00 pm to 4:00 am EST
- Sydney: 5:00 pm to 2:00 am EST
- London: 3:00 am to 12:00 pm EST
Here are few examples of forex market open and forex market close for major world brokers:
Alpari trading hours
Alpari broker’s working hours during the wintertime are from Sunday 5 p.m. EST (10 p.m. GMT) till Friday 4.54 p.m. EST (9.54 p.m. GMT).
Forex trading hours for Alpari forex broker are:
- From March to October: from 00:05 (GMT+3) on Monday to 23:54:59 (GMT+3) on Friday.
- From October to March: from 01:05 (GMT+3) on Monday to 00:54:59 (GMT+3) on Saturday.
Hotforex trading hours
HF Markets working hours or Hotforex broker trading hours during the wintertime are from 5 p.m. EST (10 p.m. GMT) on Sunday until 5 p.m. EST (10 p.m. GMT) on Friday.
The open trading hours of the HotForex Metatrader Platform between Monday 00:00:51 and Friday 23:59:59 Server time. Please note that Server Time is subject to Daylight Saving Time (DST), which begins on the last Sunday of March and ends on the last Sunday of October. Server Times are for Winter: GMT+2, Summer: GMT+3 (DST).
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XM Trading Hours
XM trading hours are between Sunday 5.05 p.m. EST (10.05 p.m. GMT) till Friday 4.50 p.m. EST (9.50 p.m. GMT).
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Oanda Trading Hours
Oanda US forex broker trading hours during the wintertime are from 5 p.m. EST (10 p.m. GMT) on Sunday until 5 p.m. EST (10 p.m. GMT) Friday.
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FXCM US forex Broker Trading Hours
- Open Sundays, between 5:00 and 5:15 pm EST.
- Close: Fridays, around 4:55 pm EST
- Closed: Fridays 5:00 pm to Sunday 5:00 pm EST
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He is an expert in financial niche, long-term trading, and weekly technical levels.
The primary field of Igor's research is the application of machine learning in algorithmic trading.
Education: Computer Engineering and Ph.D. in machine learning.
Igor regularly publishes trading-related videos on the Fxigor Youtube channel.
To contact Igor write on:
igor@forex.in.rs
