When does Forex Market Close on Friday ? - Forex Education
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When there is a bank holiday in a country that hosts the foreign exchange, does the forex market just shut down for a fraction of a day? That sounds kind of arbitrary, and would require informing yourself about a variety of foreign holidays, so I wonder how that is regulated.
When does the market close? Forex market close at 22:00 GMT winter and 21:00 GMT in summertime (New York forex close time) on Friday for most forex brokers. It is the NY session close time. There is a difference in 1 hour for some brokers. Trader need to know trading server (for example Metatrader platform ) time. The Forex market is a little odd in it’s opening hours. Unlike most financial markets that open around 8:00 am in the morning and close around 6:00 pm in the evening, Forex is open 24 hour per day. The Forex day starts with the opening of Sydney's (Australia) Forex market at 5:00 PM EST (10:00 PM GMT / 22:00), and ends with the closing of New York's market, a day after, at 5:00 PM EST (10:00 PM GMT / 22:00), immediately reopening in Sydney restart trading. Note: EST is an abbreviation for Eastern Standard Time (e.g. New York), while GMT ... Forex Market Hours. Forex trading is available 24 hours a day from 9:00pm GMT (10:00pm BST) until 9:00pm GMT (10:00pm BST) on Friday, including most U.S. holidays. Please be advised of the potential for illiquid market conditions particularly at the open of the trading week. Forex Market Hours. Forex Trading is available 24 hours a day from 5:00pm ET Sunday through 5:00pm ET on Friday, including most U.S. holidays. Please be advised of the potential for illiquid market conditions particularly at the open of the trading week. These conditions may result in wider spreads for some currency pairs based on market liquidity.
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