Forex Trading Hours
The forex market is a decentralized, over-the-counter (OTC) market that operates 24 hours a day, 5 days a week (Monday to Friday). However, trading activity varies depending on the time zone and market session.
Key Trading Sessions:
Tokyo Session (UTC+9): 03:00 — 12:00
London Session (UTC+0): 07:00 — 16:00
New York Session (UTC-5): 12:00 — 21:00
Overlap Hours:
Tokyo-London Overlap: 07:00 — 12:00
London-New York Overlap: 12:00 — 16:00
Weekends:
The forex market is closed on weekends.
Holidays:
The forex market is also closed on certain national and international holidays.
Time Zones:
Forex traders need to be aware of the time zones in which their brokers and trading platforms operate.
Brokers may offer trading services during different hours, so it’s important to check with your specific broker for their trading times.
Notes:
Trading activity is generally highest during the overlap hours when multiple market sessions are open.
Liquidity can be lower during weekends and holidays, leading to wider spreads and increased volatility.
Forex traders should adjust their trading strategies based on market sessions and liquidity conditions.