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Invest in FX Market > What is Forex Trading? >

Market Hours

Market Hours

The spot FX market is unique to any other market in the world, as trading is available 24-hours a day. Somewhere around the world, a financial center is open for business, and banks and other institutions exchange currencies, every hour of the day and night with generally only minor gaps on the weekend. Essentially foreign exchange markets follow the sun around the world, giving traders the flexibility of determining their trading day.
How Market Hours Work
Time Zone Hong Kong(HKT)* New York(EST) GMT
Sydney Open 4:00 AM 4:00 PM 21:00
Sydney Close 1:00 PM 1:00 AM 6:00
Tokyo Open 8:00 AM 8:00 PM 0:00
Tokyo Close 4:00 PM 4:00 AM 9:00
London Open 3:00 PM 3:00 AM 8:00
London Close 12:00 AM 12:00 PM 17:00
New York Open 8:00 PM 8:00 AM 13:00
New York Close 5:00 AM 5:00 PM 22:00
* The times given are valid when Daylight Savings Time is in effect in the US and UK. During winter, when normal time is in effect, New York and London opening and closing times will be 1 hour later. Tokyo and Sidney opening hours do not change.
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