Forex opening hours, session schedule, holidays and weekends

The Forex exchange operates 24 hours a day with the exception of weekends and holidays, while there is some division through trading sessions, depending on time zones.

This moment should also be taken into account in order to make your trading more successful, since it is sessions that usually characterize the market activity in certain currency pairs and has distinctive features of trade.

Forex operating time begins at 23 hours in GMT (Greenwich) on Sunday and ends at 22 hours on Friday.

It is GMT that is taken as the basis of all calculations, the difference with Moscow time is +4 hours.

Therefore, you can start trading not earlier than in 3-00 in Moscow on Monday, and close all orders gently no later than 2-00 on Saturday.

Otherwise, your position will be transferred to the next week and you will have to pay an additional commission.

For this reason, many traders simply choose not to trade on Fridays. Keep in mind that there is a concept called "winter and summer Forex trading hours," and trading starts an hour later in winter.

This table shows the Forex trading hours according to Greenwich Mean Time (GMT). To determine your region, simply add or subtract the difference to your Moscow time zone (+4).

The Pacific or Australian session runs from 7 PM to 6 AM. This is the quietest period. Major financial centers are closed, so there's no need to wait for global financial news releases. Trading at night and early morning is suitable for both professionals and forex novices.

Asian trading – covers the period from 11:00 PM to 9:00 AM, with particular activity observed in the second half of the trading platform's trading hours, which is from 8:00 AM to 1:00 PM Moscow time. European markets also open at the same time, which intensifies currency movements. Therefore, if you want to maximize your profits, trade in the morning.

The European trading session operates from 6:00 AM to 4:00 PM, and is the most convenient time, as it coincides almost entirely with Moscow. From 12:00 PM to 4:00 PM, it overlaps with the American trading session; statistically, this is the period when most contracts are concluded and sharp exchange rate fluctuations are observed.

It is ideal for trading for those who prefer to work during the day, as its operating hours almost completely coincide with the working day in the European part of Russia.

American - opens at 12:00 PM and closes late at 10:00 PM. Ideal for those who enjoy dynamic trends and work in the evenings, as the session closes at 2:00 AM Moscow time. This is also when most US dollar news is released.

Choosing the right trading session doesn't just depend on its hours of operation. It also includes a host of additional parameters, such as market volatility and the popularity of individual currency pairs, the impact of news on exchange rates, and other factors.

You can find out about holidays during which forex trading hours change here: https://time-forex.com/info/vyhodnye-prazniki-fore x

New changes to forex trading hours

In our world, everything is changing rapidly, and the process of stock trading is no exception. While the Forex market used to operate 24/7, brokers are now increasingly offering access to dealing services 24/7.

As for cryptocurrency trading, almost all brokerage companies now allow transactions with digital currencies even on Saturdays and Sundays.

You can learn about most of the trading features in the section http://time-forex.com/pary