Forex Market Hours
Sydney9:00 PM Mon Nov. 14th
Tokyo9:00 PM Mon Nov. 14th
London9:00 PM Mon Nov. 14th
New York9:00 PM Mon Nov. 14th
SydneySydney Market is Open
Market Opens: 7:00 AM (LOCAL TIME) 4:00 PM (EST) 9:00 PM (UTC)
Market Closes: 4:00 PM (LOCAL TIME) 1:00 AM (EST) 6:00 AM (UTC)
TokyoTokyo Market is Open
Market Opens: 9:00 AM (LOCAL TIME) 7:00 PM (EST) 12:00 AM (UTC)
Market Closes: 6:00 PM (LOCAL TIME) 4:00 AM (EST) 9:00 AM (UTC)
LondonLondon Market is Open
Market Opens: 8:00 AM (LOCAL TIME) 2:00 AM (EST) 7:00 AM (UTC)
Market Closes: 5:00 PM (LOCAL TIME) 11:00 AM (EST) 4:00 PM (UTC)
New YorkNew York Market is Open
Market Opens: 8:00 AM (LOCAL TIME) 8:00 AM (EST) 1:00 PM (UTC)
Market Closes: 5:00 PM (LOCAL TIME) 5:00 PM (EST) 10:00 PM (UTC)
About this tool
The forex market opens and closes at different times depending on the local time difference. Use the Forex Market Time Zone Converter tool above to view the open and close times of the main forex trading sessions in your own local time zone.
Successful traders execute their trades when there is a lot of market activity from different regions.
How to use this tool
There are four main forex trading markets that represent the bulk of forex trades executed every day. The main trading sessions are: the Sydney session, the Tokyo session, the London session, and the New York session. Understanding when these markets will open and close gives traders an edge in predicting when there will be enough liquidity in the market to execute certain trades.
The best time to trade forex
The best time to trade is when there are a lot of traders on the market executing trades. For example; the best time to trade USD/JPY currencies will be when both the Tokyo session and New York sessions are active.
There are five currencies that make up the major pairs with high liquidity. These are the most traded currencies as of 2022.
- EUR/USD (Euro/US Dollar)
- USD/JPY (US Dollar/Japanese Yen)
- GBP/USD (British Pound/US Dollar)
- AUD/USD (Australian Dollar/US Dollar)
- USD/CAD (US Dollar/Canadian Dollar)
When the market moves up and down, it is generally easier to make money trading. But when the market doesn't move at all, you may have a hard time trying to make money. Professional traders tend to focus their efforts on certain periods of the trading day when there is a large volume of trades (also known as, high liquidity or increased volatility periods).