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.

It is for this reason that many traders prefer simply not to trade on Friday. At the same time, do not forget that there is such a thing as “winter and summer work time of Forex” and in winter the start of trading occurs an hour later.

This table shows the time of Forex work according to Greenwich, to determine your region, simply add or take the difference between your watch belt Moscow +4.

Pacific or Australian session - passes from 19 pm to 6 in the morning, the most calm period, the main financial centers do not work, so you can not wait for the release of global financial news. Trade at night and wounds in the morning is suitable for both professionals and beginners on Forex.

Asian - captures the period from 23 to 9 in the morning, special activity is observed in the second half of work on this trading platform, in Moscow time this is the period from 8 a.m. to 13 in the afternoon. At the same time, European markets begin to work, which enhances the movement of currencies. Therefore, if you want to get the greatest profit, then trade in the morning.

European - operates from 6 a.m. to 16 pm, and is the most comfortable time of work, as it practically coincides with Moscow. From 12 to 16, it intersects with an American trading session, according to statistics, it is during this period that most contracts are concluded and sharp surges in the course are noted.

Great for trade for those who like to work during the day, since the time of its functioning almost completely coincides with the working day in the European part of Russia.

American - starts to work from 12 p.m. and ends his work late in the evening at 22 o’clock. Ideal for those who love the dynamic trend and work in the evenings, since the session is closing at 2 a.m. Moscow time. It is also at this time that the largest number of news on the US dollar is released.

The choice of suitable trading sessions does not end only on the hours of its work, but also contains a lot of additional parameters as - the volatility of the market and the popularity of individual currency pairs, the influence of news on the exchange rate and some other points.

You can find out about the holidays during which the time of work is changed here- https //time-forex.com/info/vyhodnye-prazniki-Fore

New changes in forex operating hours

In our world, everything is changing rapidly, and the process of exchange trading does not remain unchanged. If previously the Forex market worked 5/24, now brokers are increasingly appearing that provide access to dealing seven days a week.

As for trading cryptocurrencies, almost all brokerage companies already allow you to make transactions with digital currencies even on Saturday and Sunday.

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