Understanding the opening and closing times of the market is crucial in forex trading. Exness, as a leading forex broker, offers a rich trading schedule that enables traders to better plan and execute their trading strategies. The following are the market opening times that are readily available in the Exness forex trading schedule:
The London market is one of the most important markets in foreign exchange trading. It is open from 8:00 to 16:30 (GMT) from Monday to Friday. During this time period, traders can participate in trading various currency pairs. The activity level of the London market usually reaches its peak within the first few hours of opening.
The New York market is an important trading session after the closure of the London market. The New York market is open from 13:30 to 20:00 (GMT) Monday to Friday. During this period, traders can participate in trading of USD related currency pairs. The activity of the New York market usually reaches its peak within a few hours after the London market closes.
The Tokyo market is one of the most important foreign exchange trading markets in Asia. Its opening hours are from 0:00 to 6:00 (GMT) from Monday to Friday. During this time period, traders can participate in trading currency pairs related to the Japanese yen. The activity level of the Tokyo market usually reaches its peak within the first few hours of opening.
The Sydney market was an early market for foreign exchange trading in Asia. Its opening hours are Monday to Friday from 22:00 to 4:00 (GMT). During this time period, traders can participate in trading currency pairs related to the Australian dollar. The activity level of the Sydney market usually reaches its peak within the first few hours of opening.
In addition to the London, New York, Tokyo, and Sydney markets, there are other foreign exchange trading markets that are open at specific times. For example, trading markets in other European cities will have a period of crossover before the London market opens. In addition, holidays in some countries may lead to market closures or reduced activity.
Overall, Exness provides traders with a wide trading schedule, allowing them to trade during active periods in various markets. Traders should choose the most suitable trading session based on their trading strategy and risk tolerance.
