Forex Market Hours
The forex market is open 24 hours a day, 5 days a week all across the world. The forex market will then close over the weekend at 9:00 pm Friday GMT. Here you will find a live visual map of the open and close sessions of the major Forex market hours. The three major trading sessions are the European session, the USA session and the Asian session. Placing trades during a major session generally offer lower spreads, this can be an advantage to those traders that are seeking to reduce their broker costs. Trading within these major Forex market hours will allow you to potentially capture higher volatility in the markets, as most of the volume occurs within these sessions.
European (London)
The London session opens at 8:00 am and closes at 6:00 pm GMT. This is the most active session which makes it perfect for traders who live the United Kingdom, Europe, or traders that are seeking for volatility.
USA Session (New York)
The New York session opens at 1:00 pm and closes at 11:00 pm GMT. This is the second largest trading session and has a huge following among foreign traders.
Asian Session (Tokyo)
The Tokyo session opens at 11:00 pm and closes at 9:00 am GMT. This tends to be the least active session. Although the AUD, NZD and JPY currencies tend to move more.