The opening and closing hous of Forex market is important that novice traders need to know because in Forex market, trading hour is different from the general stock market. Since Forex market is related to each country's currency and has no central location, Forex market is open for trading 24 hours a day, Monday-Friday. Only stop trading on Saturday and Sunday. With the exception of the Bitcoin cryptocurrency (BTC/USD), some Forex brokers offer trading every day, including weekends and holidays.
1. What time does Forex market open and close？
Forex market opening and closing times of major currencies according to the time in Thailand
· Australian Markets (AUD) Sydney Markets will open from 5 a.m. – 1 p.m.
· Japanese Market (JPY) Tokyo Market will open from 6 a.m. – 2 p.m.
· European Market (EUR) European markets will open from 2 p.m. – 11 p.m.
· London Market (GBP) London Market will open from 3 p.m. – 11 p.m.
· American market (USD) America market will open from 7 p.m. – 3 a.m.
From the Forex time table, you can see that each currency's market has a time to open and close. The overlap makes Forex market trading 24 hours a day without market breaks. which is different from the stock market because the stock market has a clear opening-closing time, it cannot be traded all the time.
For example, the EUR/USD currency pair.
· EUR currency, opening-closing time is 2 p.m. – 11 p.m.
· USD currency, opening-closing time is 9 p.m. – 3 a.m.
It means that the EUR/USD currency pair has an opening-closing time between 2 p.m. and 3 a.m.
· The period with the most volatile price movements is 7 p.m. – 11 p.m.
· As for the period from 11 p.m. – 2 p.m., the price chart is not very strong.
2. Opening and closing time of Forex market of each broker
Traders may be wondering if each Forex broker uses the same opening and closing times. The broker takes the time to open-close for Forex, Gold, Oil, Cryptocurrencies, Bitcoin on the basic of the server of itself. Therefore, the opening-closing time of market is a nuance. Because each broker will place a different server.
Most of the time, the Forex market opens and closes according to the time of Thailand.
· Open at 4 a.m. Monday morning
· Closes at 4 a.m. on Saturday morning
Summary of the opening and closing hour of the Forex market
The opening and closing hours of Forex market are 24 hours a day, Monday to Friday from 4 a.m. Monday – 4 a.m. Saturday. The most active time of trading is 7 p.m. – 114 p.m. The optial time to make profits is the 2nd and 3rd week of the month.
What day does Forex market open and close？
Forex market is open for trading Monday – Friday.
What time does Forex market open and close？
Forex market open 24 hours, 4 a.m. Monday – 4 a.m. Saturday.
Are the opening and closing times of each broker the same？
The time of each Forex broker may be a little advance, referring to the server
Forex trading time to make profit
The best time to make profits is the 2nd and 3rd week of the month.
EUR/USD currency pair, when is the chart running？
The EUR/USD pair is from 7 p.m. – 11 p.m., because it is the time when EUR and USD markets are open. It will be a time when large volumes are traded.