Forex Market Hours

Knowing the Forex market hours can help you in your trading decisions and tell you when the best times to trade are. We all know that the Forex market is a 24-hour per day market. However, that does not necessarily mean that the market always has the same traders involved throughout the day. Across the world, there are several different trading sessions in which different countries trade. Below are the various hours that each market trades.

GMT Chart

Trading CenterOpen Time GMTClose Time GMT
Frankfurt, Germany7:00 AM3:00 PM
London, Great Britain 8:00 AM4:00 PM
New York, US1:00 PM9:00 PM
Sydney, Australia9:00 PM5:00 AM
Tokyo, Japan11:00 PM7:00 AM

ET Chart

Trading CenterOpen Time ET Close Time ET
Frankfurt, Germany2:00 AM10:00 AM
London, Great Britain3:00 AM11:00 AM
New York, US8:00 AM4:00 PM
Sydney, Australia4:00 PM12:00 AM
Tokyo, Japan6:00 PM2:00 AM

Using the Charts

Using the above charts is relatively simple. If you can figure out how to trade the Forex market, this should be a piece of cake for you.

forex market hours

The top chart is all of the times that the markets open and close in Greenwich Mean Time. The second chart is the same information only it shows you the times in Eastern Time. In case you are too lazy to convert from Greenwich Mean Time to Eastern Time (and if you are I can't blame you) this is an easy way to reference it.


Knowing the Forex market hours can come in very handy when you are in the middle of Forex trading. When you look at the charts above and find out which countries are trading currently, you can get an idea as to which currencies will have the most volume. For example, during the Asian session, the Japanese yen is a popular currency to trade. During the London session, the United States dollar, the Great Britain Pound and the Euro are very popular currencies to trade. Before entering a trade, you need to think about who comprises the majority of the market and think of where it might be headed. For example, most traders will be a little biased towards their own currency.

You should still always use your trading system and the trading knowledge that you have accumulated. This is just another tool that you can put in your bag to refer back to.

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