Start trading with confidence when you know the opening and closing hours of major forex markets around the world. Learn more here!
Trading Forex is a great way to make money, but it’s important to know when the markets close in order to protect your investments. In this article, we'll go over the opening and closing times of major forex markets around the world so you can plan your trades accordingly.
Closing Hours of Major Forex Markets Around The World
What is Forex Trading?
Forex trading is the simultaneous buying of one currency and selling another. Currencies are traded through a broker or dealer and are traded in pairs. When you trade in forex, you are essentially betting on the fluctuations in the exchange rates of currencies. The aim of forex trading is to exchange one currency for another in the expectation that the price will change, so that your profits increase
Europe Trading Hours: GMT & BST
The European session is observable when the Frankfurt Stock Exchange, or FSE, is open. International traders should take note that the Frankfurt Stock Exchange is open from 8 a.m. to 6 p.m. GMT or BST. Thus, trading hours in Europe usually run from 7 a.m. to 4 p.m. GMT+1, depending on daylight savings time being in effect or not respectively during summer and winter months in the northern hemisphere.
United Kingdom Trading Hours: GMT & BST
Trading hours in the United Kingdom specifically are from 8 a.m. to 4:30 p.m. BST (British Summer Time), which is 3 a.m. to 11:30 a.m. ET, during the period of Daylight Savings Time each year. During Standard Time, GMT is observed and trading hours are from 8 a.m.-4 p.m., GMT+1 or 3 a.m.-11 a.m ET depending on the season of the year in the northern hemisphere respectively when DST is in effect or not respectively each year for both Germany and UK markets.
Asia Pacific Trading Hours: Local Times
tradimg for Australia's ASX, New Zealand NZX, and Japan's TSE the trading hours typically run from 10 am to 4 pm local time. You'll also observe a variety of holidays in the Asia Pacific region furthermore special opening days set after these holiday breaks. Be sure to stay on top of these holidays and opening times so that you do not experience an unexpected loss in earnings when markets open after these holidays!
North American and Latin American Trading Hours: Local Times
In North America, including countries such as the USA, Canada, Mexico and so on, traders can anticipate trading hours between 9am and 5pm local time. During this window you will observe a start and end to trading hours in the forex market with liquidity supplying from major financial centers located around the world. Additionally, in South America– including countries like Chile and Argentina- you may find that trading typically runs between 10 am and 6 pm local time with banks providing liquidity during this window.