Forex Market Hours

It is important to know the Forex Market Hours, when deciding which currency to trade. The map shows the open and close times for the Asian, European and North American trading sessions. Institutional traders trade their own currencies the most during their trading hours.

Note: You may select the curency you wish to trade to get estimates of the volatility, volume and spreads of that particular currency in that trading session.

Understanding the importance of Forex Market Hours

There is no point trading forex when there is no liquidity ie other traders trading. Also it is important to focus on the currency of the specific trading session. For example if trading within the European Session then the focus currency pairs are the EURUSD, GBPUSD and the USDCHF. Institutional bank traders generally trade ‘what is in their pocket’!

Whilst the Forex Market is a 24 Hour market the best liquidity can be found during the hours of the specific session hours and the overlaps.

Forex Trading Session Times

(Times in Eastern Standard Time)

New York | Opens 8am EST – Closes 5pm EST
Tokyo | Opens 7pm EST -Closes 4am EST
Sydney | Opens 5pm EST – Closes 2am EST
London | Opens 3am EST – Closes 12:00 Noon EST

Overlap Forex Trading Session Times

(Times in Eastern Standard Time)

New York & London | 8am EST – 12 Noon EST
Sydney & Tokyo | 7pm EST – 2am EST
London & Tokyo | 3am EST – 4am EST

Other Forex Resources

Learn how bankers trade forex?

Watch our 5 part webinar series about how bankers trade forex. This webinar is presented by Brad Gilbert a former FX Cheif Trader at Citibank.

Part 1 – How the bankers prepare and use forex market hours

Part 2 – Capital Management protecting their cash

Part 3 – Understanding the Fundamentals

Part 4 – Entering the market

Part 5 – Putting it all together