Trading Conditions
Market Hours
Global Prime Financial Markets Trading Hours
One major benefit of Forex and commodities trading is they all trade nearly 24 hours a day, 5 days a week. That is from 5 PM New York on Sunday through to 5 PM New York on Friday, and almost every week day of the year. That’s a lot of trading and opportunities!
Trading hours can also be viewed below or from within the MetaTrader trading platform.
Forex, Metals, Crypto CFDs, Bonds CFDs Trading Hours
| Name | Market Open | Market Close | Trading Break |
|---|---|---|---|
| Forex | 00:01 Monday | 23:57 Friday | 23:59 - 00:01 |
| Gold | 01:02 Monday | 23:57 Friday | 23:57 - 01:02 |
| Cryptocurrencies | 00:01 Monday | 23:59 Friday | 23:59 - 00:01 |
| UKGILT | 10:00 Monday | 20:00 Friday | 20:00 - 10:00 (Following Day) |
| UST05Y | 1:00 Monday | 23:59 Friday | 23:59 - 1:00 |
| UST10Y | 1:00 Monday | 23:59 Friday | 23:59 - 1:00 |
Indices & Energies Trading Hours
| Name | Symbol | Trading Hours (GMT+3, MON-FRI) |
|---|---|---|
| ASX200 | AUD200 | 02:50 – 09:30, 10:10 – 23:59 |
| Nikkei 225 | JPN225 | 01:00 - 23:59 |
| Hang Seng Index | HK50 | 04:15 – 07:00, 08:00 – 11:30, 12:15 - 22:00 |
| Euro Stoxx 50 | EUSTX50 | 03:15 - 23:59 |
| CAC 40 | FRA40 | 09:00 - 23:00 |
| DAX 40 | GER40 | 03:15 - 23:00 |
| FTSE 100 | UK100 | 03:00 - 23:00 |
| DJ 30 | US30 | 01:00 - 23:59 |
| NASDAQ 100 | NAS100 | 01:00 - 23:59 |
| S&P 500 | US500 | 01:00 - 23:59 |
| ES35 | ES35 | 09:00 - 23:00 |
| US Dollar index | USDX | 03:00 - 23:59 |
| Volatility Index | VIX | 01:00 - 23:59 |
| Brent Crude Oil | XBRUSD | 03:00 - 23:59 |
| US Crude Oil | XTIUSD | 01:00 - 23:59 |
| XNGUSD | XNGUSD | 01:00 – 23:59 |
FAQs
What GMT offset are our charts set to?
To align the daily chart candles with New York close (5pm ET), Global Prime server time and charts are GMT + 2 or GMT + 3 when daylight savings is in effect.
What are the underlying market hours for Forex?
Trading Hours - The foreign exchange market trades 24 hours a day, 5 days a week. This is from 5pm New York (ET) on Sunday through to 5pm New York on Friday. Global Prime quotes on most Forex pairs from the open on Sunday through to the close on Friday. The daily break time of Forex is 23:59-00:02 server time. During this time you are unable to trade. Prices are generally wide and erratic from the low liquidity arising from the end of day processes at all the major trading banks across the world.
What are the underlying market hours for indices?
Market hours for indices varies depending on the Index being traded, please see the table above for the market hours relating to the Index you’d like to trade.
Is trading out of market hours more risky?
Trading outside of market hours generally results in high spreads and increased volatility. This is primarily due to there being less liquidity available in the market during these times. Further, in the case of indices or commodity futures, these products are priced as fair value estimates of the futures underlying markets. Accordingly, after the underlying market closes, LP’s have to formulate a price that represents where the underlying market would be if it was still operating. During these times, there is nowhere for LP’s to hedge their exposure so to account for the increased risk, they must increase spreads to offset their exposure.
Generally speaking, times that involve increased spreads and scarce liquidity are indicative of a more volatile trading environment that carries an increased risk level.
Do Global Prime’s trading hours follow daylight savings time?
Yes they do, these times are typically GMT +2 for non-daylight savings, and GMT+3 during the daylight savings period.