Forex Market Hours (2024)

Understanding Market Hours is essential for any trader or investor. Knowing which market is open and the specific trading hours can help traders plan their strategies and make informed decisions. By keeping up to date with the market hours and patterns, traders can maximize their profits and minimize their risks.

Our live market hours map covers 12 major markets, bank holidays, upcoming economic events as well as a live liquidity chart based on forex market liquidity data.

Forex and Stock Market Hours

Forex MarketCurrent TimeStatusTime leftNext EventShow on Map
Forex Market Hours (1)New York06:46Opens at 09:00

High

Continuing Jobless Claims+12
Forex Market Hours (2)Shanghai18:46Opens at 09:00

High

NBS Manufacturing PMI+2
Forex Market Hours (3)Euronext12:46Closes at 17:30

Medium

Myfxbook EURUSD Sentiment
Forex Market Hours (4)Tokyo19:46Opens at 09:00

Medium

Unemployment Rate+4
Forex Market Hours (5)Shenzhen18:46Opens at 09:30

High

NBS Manufacturing PMI+2
Forex Market Hours (6)Mumbai16:16Closes at 17:00

Low

Government Budget Value+1
Forex Market Hours (7)Hong Kong18:46Opens at 09:00

Low

Retail Sales YoY
Forex Market Hours (8)London11:46Closes at 18:00

Medium

Nationwide Housing Prices YoY+1
Forex Market Hours (9)Toronto06:46Opens at 09:00

Low

CFIB Business Barometer
Forex Market Hours (10)Zurich12:46Closes at 18:00

High

Retail Sales MoM+1
Forex Market Hours (11)Frankfurt12:46Opens at 08:00

High

Retail Sales MoM+3
Forex Market Hours (12)Sydney20:46Opens at 09:00

Medium

Housing Credit MoM+2

The forex market and the stock market operate in different time zones and have different trading hours. The forex market is open 24 hours a day, five days a week, while the stock market has set trading hours that vary by region. In general, the stock market is open during business hours in the region where it is located.

Which market is open now?

The Forex market is open 24 hours a day, 5 days a week. It begins at 5:00 pm EST on Sunday and ends at 5:00 pm EST on Friday.

The Stock market, on the other hand, operates from Monday to Friday, except for holidays. It is essential to note that there are different stock markets worldwide, and each has its operating hours. For instance, the New York Stock Exchange (NYSE) operates from 9:30 a.m. to 4 p.m. EST, while the Tokyo Stock Exchange (TSE) operates from 9 a.m. to 3 p.m. JST.

Market

DST

Open timeClose time

No DST

Open timeClose time

New York

14:0023:00

13:0022:00

Shanghai

01:0009:00

01:0009:00

Euronext

05:0016:30

04:0015:30

Tokyo

00:0009:00

00:0009:00

Shenzhen

01:3007:00

01:3007:00

Mumbai

03:3011:30

03:3011:30

Hong Kong

01:0009:00

01:0009:00

London

09:0018:00

08:0017:00

Toronto

14:0023:00

13:0022:00

Zurich

09:0017:00

08:0016:00

Frankfurt

07:0015:00

06:0014:00

Sydney

00:0009:00

23:0008:00

What time zone do the Forex and Stock market use?

Since the forex market is global, it operates across different time zones. To facilitate trading across these different time zones, the forex market uses Coordinated Universal Time (UTC), also known as Greenwich Mean Time (GMT), as its standard reference time.

The forex market is divided into four main trading sessions, which are the Tokyo, London, New York, and Sydney sessions. Each of these sessions is associated with specific geographical regions and has its own unique characteristics.

The Tokyo session, which opens at 12:00 AM UTC and closes at 9:00 AM UTC, is the first trading session to open. It is primarily driven by the Japanese market, and it is known for its low volatility.

The London session, which opens at 7:00 AM UTC and closes at 4:00 PM UTC, is the largest and most volatile trading session. It is considered the center of the forex market, as it overlaps with both the Tokyo and New York sessions.

The New York session, which opens at 1:00 PM UTC and closes at 10:00 PM UTC, is the second-largest trading session. It overlaps with the London session for several hours, which often results in increased volatility.

The Sydney session, which opens at 9:00 PM UTC and closes at 6:00 AM UTC, is primarily driven by the Australian market and is known for its low volatility.

The forex market operates continuously, and as one trading session closes, another trading session opens. This means that there is always an opportunity to trade in the forex market, regardless of the time of day or night. However, traders should be aware that each trading session has its own unique characteristics and trading opportunities.

The stock market, on the other hand, typically operates according to the time zone where the exchange is located. For instance, the NYSE operates based on Eastern Standard Time (EST), while the TSE operates on Japan Standard Time (JST).

Is the Forex market closed?

The Forex market is closed on weekends, meaning that no trading can occur on Saturday and Sunday. However, after-hours trading is possible through electronic communication networks (ECNs) that permit traders to buy and sell securities outside of regular market hours.

Is the Stock market closed?

The stock market is closed on weekends and holidays, and each exchange has its own set trading hours during weekdays.

What time is the Forex market most active?

The forex market is most active when two sessions overlap. During this period, there is an increase in trading volume, volatility, and liquidity.

The most active hours:

When both New York and London exchanges are open: between 1:00 PM UTC to 4:00 PM UTC

When both Sydney and Tokyo exchanges are open: between 12:00 AM UTC to 7:00 AM UTC

When both London and Tokyo exchanges are open: between 8:00 AM UTC to 9:00 AM UTC

What time are the Stock markets most active?

The stock market is most active during business hours in the region where the exchange is located. For example, the New York Stock Exchange is most active during the morning hours in New York, while the Tokyo Stock Exchange is most active during the morning hours in Tokyo.

What is the best time to trade Forex?

The best time to trade Forex depends on various factors such as the trading strategy, market conditions, and personal preferences. However, traders generally consider the London and New York trading sessions, which overlap between 1:00 PM UTC to 4:00 PM UTC, as the best time to trade. During this time, there is usually an increase in trading volume and liquidity, leading to more significant price movements.

What is the best time to trade Stocks?

The best time to trade stocks also depends on various factors such as market conditions, stock exchange location, and personal preferences. However, most traders consider the first two hours of the stock market opening as the best time to trade. During this time, there is usually an increase in volatility and trading volume.

For example, for US stocks, the best time to trade is during the first two hours of the opening of the New York Stock Exchange (NYSE) from 9:30 AM to 11:30 AM Eastern Standard Time (EST).

Forex Market Hours (2024)

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