Forex Trading Hours on JustForex

Forex trading is a decentralized market that operates through multiple financial centers around the world.

These financial centers are located in different time zones, so for all account types, the foreign exchange market is a five-day, 24 hourly period from Monday 00:00:30 (GMT+2) to Friday 23:57:59 (GMT+2).

The market will be closed from 23:59:00 (GMT+2) to 00:01:00 (GMT+2) every day.

Friday is the last day of operation of the money market because large market participants including major financial institutions, large funds, companies and banks will leave the market for the weekend break.

Go to JustForex Official Website

How is Forex market open for 24 hours a day?

The trading tools provided by JustForex not only include foreign exchange currency pairs, but also indices, stocks, metals, energy and futures.

The trading hours of different trading tools are different.

The opening and closing schedule of the trading tools provided by JustForex is from 00:01 to 23:59 server time.

JustForex is always improving its services and expanding the types of trading tools, so the above only lists the main trading tools, not a complete list.

If you cannot find the tool you need in the above table, you can find the trading time of the required trading tool in “MT4/MT5 Trading Terminal → Instructions”.

At the same time, please note that the trading hours of trading instruments may be adjusted in response to holidays or other circumstances.

JustForex will announce all trading hours adjustment information in JustForex’s news section.

According to different trading hours, the foreign exchange market can be divided into different trading hours. Forex trading hours are not only different in names and special work schedules, but also in specific aspects of transactions. In each period, there is a “special” currency with high volatility, whose volatility is affected by basic economic factors.

Pacific trading hours

When the Pacific region entered local time on Monday, the foreign exchange market began to open. This period is characterized by relatively small fluctuations. In fact, this is the calmest period in the market.

Trading hours in Asia

Immediately after the Pacific time is the Asian time. During this period, currency pairs including the U.S. dollar (USD), Euro (EUR), Japanese yen (JPY) and Australian dollar (AUD) will be actively traded during this period. The trading activity of the Australian dollar (AUD) is caused by the overlap of the trading hours and working hours in the Pacific region.

European trading hours

The opening of European trading hours starts from the opening hours of financial centers such as Frankfurt, Zurich and Paris. However, trading really became active only after the London market opened. At lunchtime, there will usually be a trading low, and trading activities will become active again when night falls. During the European trading hours, there will be relatively strong volatility, because a large enough currency turnover will occur in the European region.

U.S. trading hours

The most active time in the foreign exchange market began at the beginning of the US trading session, because this time period coincided with the beginning of New York trading and the time when European trading continued to develop. Particularly important fundamental news will be announced at the beginning of the US trading session. It is characterized by extremely active trading, especially before the close of trading on Friday.

Sign up for JustForex’s service

When is the best time to trade Forex?

To correctly evaluate the form according to the foreign exchange transaction time, please pay attention to the following points:

• Most of the activities of traders occur during European and American hours, so this is the best time to trade. During this period, most trades will be executed, and trading spreads will also be the lowest.
• You may also notice that there is overlap in certain trading hours, so volatility is usually the greatest during these times.
• During the Asian session, the largest number of transactions were driven by the yen.
• The trends in the European time period mainly appeared in two times: 10:00-14:00 and 15:00-19:00.
• Particular care should be taken during periods of “quiet” markets-this is a transitional time between trading sessions when liquidity is not enough to maintain a stable price chart, such as when there may be a strong impulse.
• During the New Year, major banks and exchanges are closed for holidays; the company will withdraw funds to promote results and statements.
• This is a long “quiet” market where you need to be extremely careful.
• After the market opens on weekends, there is usually a gap. We recommend that you use stop loss and take profit or even close all positions on Friday to protect orders.

Go to JustForex Official Website

Trading Schedule Adjustment by JustForex

The trading schedule will be adjusted in response to holidays such as Christmas, Independence Day, and Labor Day.

During these holidays, after-market trading will not be executed at all. In other cases, market time will shift.

If there is any adjustment in the market time, JustForex will always publish the latest trading schedule in JustForex’s news section.

Please stay tuned to JustForex’s news to keep abreast of the latest developments.

We recommend that you should take the adjustment of the trading schedule as a consideration when trading, because for example, if low liquidity is expected to appear in the market, you may need to modify your trading strategy.

Open JustForex’s Trading Account

Frequently Asked Questions about the trading hours

When does the foreign exchange market open?

The foreign exchange market remains open 24 hours a day for five consecutive days from Monday 00:00:30 (GMT+2) to Friday 23:57:59 (GMT+2).

Why does the foreign exchange market close at the weekend?

Friday is the last day of operation of the money market, because large market participants including major financial institutions, large funds, companies and banks will leave the market for the weekend break.

What is the foreign exchange trading session?

There are four main foreign exchange trading sessions:

1. Pacific trading hours-00:00-09:00 (EET);
2. Asian trading hours-02:00-12:00 (EET);
3. European trading hours-10:00-19:00 (EET);
4. US trading hours-15:00-01:00 (EET).

What is EET?

EET is Eastern European Time: GMT+2 in winter and GMT+3 in summer.

What is the best time for foreign exchange transactions?

Most of the activities of traders occur during European and American hours, so this is the best time to trade. During this period, most trades will be executed, and trading spreads will also be the lowest.