Transaction hour - ES markets Limited

Foreign exchange market opening hours

The market never stops its pace. After one foreign exchange market closes, the other will start again. So customers can enjoy 24/5 recurring transactions, New York trading hours are 01:00 pm – 10:00 pm GMT; Sydney trading hours are 10:00 pm GMT; Tokyo trading starts at 00:00 am and ends at 9:00 Am GMT; London trading hours start at 8:00 am and end at 05:00 pm GMT. This allows traders around the world and participants in central banks on all continents to trade 24 hours a day.

More trading hours, more possibilities

The foreign exchange market is open 24 hours a day, knowing that the most active trading hours are important.

For example, if we choose a time period with a small transaction volume, the US Eastern Standard Time 5 pm – 7 pm EST is just after New York is closed and before Tokyo opens. At this time, only Sydney started trading, so the spread of this time period is compared with London, the United States and Tokyo, and the spread is relatively high. Less trading opportunities means fewer financial opportunities. If you want to trade EUR/USD, GBP/USD or USD/CHF, you will find that there are more trading opportunities during the 8 am – 12 am GMT period, when the European and American trading markets are open.

Alertness and opportunity

Another time that investors need to be wary is the timing of government reports and official emergency news releases. Although each government will announce the exact time of the press release in advance, due to the time difference, each country’s release time will be different.

So it is very valuable to find out the release time of different countries. Most of the time, it is consistent with the most intense time for foreign exchange trading. So this has great profit opportunities for investors, but at the same time it may be counterproductive.

As a trader, you have two choices: you can participate in a fierce period of forex trading to get higher profits from high floats; or during these time periods you decide to suspend trading and conduct foreign exchange trading in a conservative manner. No matter which one you choose, you should plan ahead to prevent you from losing money when the price changes during the press release.

transaction hour

For day traders, the most efficient trading time is the London market starting at 08:00 GMT to the US market ending at 22:00 GMT. The peak trading time is the overlapping trading time in the US and London markets 1 pm GMT – 4 pm GMT . Several major trading markets of the day are the London, US and Asian markets.

Below is a brief overview of trading hours to help you get the most out of the market:

London peak trading hours – 8 am GMT to 5 pm GMT; Euro, British Pound and US Dollar are the most frequently traded currencies;

US peak trading hours – from 1 pm GMT to 10 pm GMT; USD, EUR, GBP, AUD and JPY are the most frequently traded currencies;

Asian peak trading hours – from 10 pm GMT on Sunday to European trading, around 9 am GMT; not suitable for day trading.

Telephone transaction

Trading hours are Sunday 22:05 GMT (Greenwich Mean Time) to Friday 21:50 GMT (Greenwich Mean Time). When our trading background is closed, the trading platform no longer executes the transaction and the data can only be viewed.

For any inquiries, technical difficulties, or emergency support, please feel free to contact us via email or live chat 24 hours online. If you don’t have a computer around you, please keep in mind your account login information so that our team can resolve your order.

Disclaimer: ES Markets Limited does not provide services to residents of the following countries/regions: United States, Canada, Japan, Turkey, Israel and the Islamic Republic of Iran, and any information appearing on this website (including but not limited to comments, forecasts, charts, indicators, theories, direct or implied instructions), For reference only, you are responsible for your own discretion. The online materials and contents provided by other websites obtained through the links of this website and other websites are for your browsing and reference purposes only. Please discretion and judgment of the relevant content. Our company does not assume any responsibility. Local laws impose restrictions on liability and exemptions that may be enforceable. In such cases, such forcible laws shall prevail.

Risk Warning: Participating in financial derivatives trading will bring greater risk to your assets. You should only invest in funds that can bear the full loss. Financial derivatives trading is not applicable to all investors, so please go deeper. Understand the trading risks and seek off-market investment advice as needed. Product Risk Disclosures can be obtained through this website or through our staff and must be read carefully before starting an investment transaction.

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