Forex Market Hours
The forex market is open 24 hours a day from Sunday 5 PM to Friday 5 PM New York time. Trading moves through four main sessions — Sydney, Tokyo, London and New York. This clock shows which are open right now, in your own time zone.
Your time: –
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| Session | Your time | Status |
|---|---|---|
| Sydney | 07:00–16:00 local | – |
| Tokyo | 09:00–18:00 local | – |
| London | 08:00–17:00 local | – |
| New York | 08:00–17:00 local | – |
Forex trading sessions
Each session is defined in the local time of its financial centre, so it follows that city's daylight saving time.
| Session | Local hours | Time zone |
|---|---|---|
| Sydney | 07:00–16:00 | Australia/Sydney |
| Tokyo | 09:00–18:00 | Asia/Tokyo |
| London | 08:00–17:00 | Europe/London |
| New York | 08:00–17:00 | America/New_York |
Session overlaps
- London–New York: roughly 8:00 AM–12:00 PM New York time. The most liquid period of the day.
- Sydney–Tokyo: the Asia-Pacific overlap, active for AUD, NZD and JPY pairs.
- Tokyo–London: a short overlap in the European morning.
Frequently asked questions
What time does the forex market open?
The forex market opens for the week on Sunday at 5:00 PM New York time, when trading begins in Sydney and Wellington, and closes on Friday at 5:00 PM New York time.
What is the best time to trade forex?
Liquidity and volatility are usually highest when the London and New York sessions overlap, roughly 8:00 AM to 12:00 PM New York time. Spreads on major pairs are typically tightest then.
Is the forex market open 24 hours?
Yes, from Sunday evening to Friday evening New York time the market trades around the clock as financial centres in Asia-Pacific, Europe and North America open and close in turn. It is closed on weekends.
Do forex session times change with daylight saving time?
Each session keeps its local hours, so its time in UTC shifts when that centre changes its clocks. Because the US, UK and Australia change on different dates, the gaps between sessions shift for a few weeks each spring and autumn.
Other tools
- Pip Value Calculator
What one pip is worth for any pair and position size.
- Position Size Calculator
How many lots to trade so a stop loss costs exactly the amount you choose to risk.
- Margin Calculator
How much margin a position needs at your leverage.
- Forex Profit Calculator
Profit or loss in pips and money for any entry and exit price.
Results are estimates for educational purposes and exclude spreads, commissions and swaps unless stated. Always confirm figures with your broker before trading.