The metal market is an important component of foreign exchange trading, attracting the attention of many investors. The Exness official trading platform offers a variety of metal trading options, each with its own unique trading time. Understanding these trading times is crucial for developing effective trading strategies. This article will provide you with a detailed introduction to the trading hours of various metals on the Exness official trading platform (based on GMT+0), helping you better plan metal trading.
The following are trading schedules for various metals in summer and winter:
Summer time (March November):
Closing time (Friday): 20:59 GMT+0 Opening time (Sunday): 22:05 GMT+0 Daily closing time: 20:59-22:01 GMT+0 High margin requirement period: 30 minutes before daily closing timeWinter time (November to March of the following year):
Market closing time (Friday): 21:59 GMT+0 Market opening time (Sunday): 23:05 GMT+0 Daily closing time: 21:59-23:01 GMT+0Summer time (March November):
Market closing time (Friday): 20:59 GMT+0 Market opening time (Sunday): 22:05 GMT+0 Daily closing time: 20:59-22:01 GMT+0Winter time (November to March of the following year):
Market closing time (Friday): 21:59 GMT+0 Market opening time (Sunday): 23:05 GMT+0 Daily closing time: 21:59-23:01 GMT+0Summer time (March November):
Market closing time (Friday): 20:59 GMT+0 Market opening time (Sunday): 22:10 GMT+0 Daily closing time: 20:59-22:05 GMT+0Winter time (November to March of the following year):
Market closing time (Friday): 21:59 GMT+0 Market opening time (Sunday): 23:10 GMT+0 Daily closing time: 21:59-23:05 GMT+0Summer time (March November):
Market closing time (Friday): 20:59 GMT+0 Market opening time (Sunday): 22:10 GMT+0 Daily closing time: 20:59-22:05 GMT+0Winter time (November to March of the following year):
Market closing time (Friday): 21:59 GMT+0 Market opening time (Sunday): 23:10 GMT+0 Daily closing time: 21:59-23:05 GMT+0Summer time (March November):
Market closing time (Friday): 00:00 GMT+0 Market opening time (Sunday): 17:54 GMT+0Winter time (November to March of the following year):
Market closing time (Friday): 01:00 GMT+0 Market opening time (Sunday): 18:54 GMT+0Summer time (March November):
Market closing time (Friday): 00:00 GMT+0 Market opening time (Sunday): 17:54 GMT+0Winter time (November to March of the following year):
Market closing time (Friday): 01:00 GMT+0 Market opening time (Sunday): 18:54 GMT+0Please note: Similar to the foreign exchange market, the metal market is also closed on weekends and cannot be traded. Therefore, when developing a metal trading plan, please consider the market's closing time.
Understanding the trading schedule of metals can help you better plan your metal trading strategy. Here are some suggestions on how to use trading schedules for metal trading:
Choose the appropriate trading time: According to the trading schedule of metals, choose to trade during the most active period of the market, which is usually shortly after the market opens. This can increase your trading opportunities.
Pay close attention to market events: Special attention should be paid to market events that may affect metal prices, such as economic data releases and geopolitical events. These events may lead to fluctuations in metal prices.
Develop risk management strategies: When trading metals, ensure that you have developed effective risk management strategies, including setting stop loss and take profit levels, to protect your capital.
Learning and Practice: If you are a novice trader or want to improve your skills, it is recommended to use a demo trading account for practice. This can help you simulate trading under actual market conditions and improve your trading skills.
Continue learning: The metal market, like the foreign exchange market, is a constantly changing field. Continuous learning and maintaining an understanding of the market are key to successful trading.
In short, understanding the trading schedule of metals is one of the important steps to becoming a successful metal trader. By planning trading hours reasonably and adopting appropriate strategies, you can achieve better trading results in the metal market. Hope you achieve fruitful metal trading results on the Exness official trading platform!