Forex Market Hours
The foreign exchange market is open 24-hours a day, except on weekends. As one financial centre closes, another one opens.
We've summarised below Forex market hours across financial centres (London, NYC, Sydney and Tokyo), and explained the best times to trade.
Forex trading sessions
The following table summarises Forex trading hours across financial centres (in GMT and New York time):
| Financial centre | London time (GMT) | New York time (EDT) |
|---|---|---|
| London | 7:00 am to 4:00 pm | 3:00 am to Noon |
| New York | Noon to 9:00 pm | 8:00 am to 5:00 pm |
| Sydney | 9:00 pm to 6:00 am | 5:00 pm to 2:00 am |
| Tokyo | 11:00 pm to 8:00 am | 7:00 pm to 4:00 am |
Best Forex Broker: Trade Forex, gold and 1000+ markets on 1:500 leverage over MT4/5. Open an account in minutes.
Best time to trade Forex
The foreign exchange market is most active when sessions overlap across financial centres. For example, trading volumes for the EUR/USD and GBP/USD currency pairs are greatest when London and New York are both open. This is usually when spreads are their lowest.
| Financial centre | London time (GMT) | New York time (EDT) |
|---|---|---|
| New York and London overlap | 12:00 noon to 4:00 pm | 8:00 am to 12:00 noon |
| Sydney and Tokyo overlap | 11:00 pm to 6:00 am | 7:00 pm to 2:00 am |
| London and Tokyo overlap | 7:00 am to 8:00 am | 3:00 am to 4:00 am |
How to seize opportunities
You could be asleep when trading opportunities arise. That's why it's a good idea to use a trading robot to open or close positions, on your behalf, even when you're unavailable. It's also best practice to host these trading robots on a Virtual Private Server, often abbreviated as VPS, as a VPS is always online.
A number of brokers now offer a VPS for your trading robots. However, F********* stands ahead of the competition. It supports all trading styles, including trading bots known as Expert Advisors. FP Markets goes one step further by offering a free VPS if you make a deposit of US$ 1,000 or more (or equivalent) and meet low monthly minimum volume requirements.
Share this article:
About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.