Trade Share CFDs for your favourite companies and 50+ U.S. stocks. Click here.
Refer a friend
Image placeholder


Venturing into Forex for the first time?
Explore the basic concepts of buying and selling.

Venturing into Forex for the first time?
Explore the basic concepts of buying and selling.

When can you trade Forex?

In case you are wondering isIn case you are wondering is Forex trading profitable, the short answer is yes. But many opt for Forex traders to make fast profits since Forex markets are operational 24 hours for five days a week. While this may make it easier to trade at your convenience, many Forex traders are unsure about the best time to trade Forex for maximum returns.

Forex market functions as per the trading hours on the four major Forex exchanges that are located in London, New York, Sydney, and Tokyo. Many first-time traders try to trade through the night to make the most out of their investment as the exchanges are located in different time zones.

Unfortunately, this is not a sustainable strategy. So let’s take a look at the best time to trade Forex to help you create a smarter investment schedule and improve your chances of making a profitable trade:

Here are the most important time frames of the stock exchanges:

London: 3 AM EST to 12 PM EST

New York: 8 AM EST to 5 PM EST

Sydney: 5 PM EST to 2 AM EST

Tokyo: 7 PM EST to 4 AM EST

These exchanges trade the same currency even though they work independently. That’s why if two exchanges are open simultaneously, the trade volume increases due to several traders buying and selling. It also impacts the spreads and increases volatility. Typically, the best time to trade Forex would be as follows:

Both New York and London exchanges are open (i.e., 8 AM EST to 12 PM EST)

Both Tokyo and Sydney exchanges are open (i.e., 7 PM EST to 2 AM EST)

Both Tokyo and London exchanges are open (i.e., 3 AM EST to 4 AM EST)

In other words, the overlap between the timings of two stock exchanges makes the best time to trade Forex. As per market data, most traders also consider Tuesday, Wednesday, and Thursday as the best days to trade Forex due to increased volatility.

Planning to start trading Forex?

Begin your Forex trading journey with us in a few clicks. Create an account on our platform and start trading with as little as $100.

Recommended Topics

What Is Gap Trading?

Gaps in the Forex market help traders identify price movement clues, entry and exit signals, and trend reversals. In simple terms, gap trading is a disciplined approach to buy and...

Top Swing Trading Indicators

Swing trading is all about profiting from market swings. It is a popular speculative strategy where traders tend to buy and hold their assets hoping to profit from expected market movement...

What are Support and Resistance Levels

Support and resistance levels in the Forex market allow traders to understand the market direction and predict future prices to consider in making trade decisions...

MT4 vs MT5: Which is Better?

MetaTrader is one of the most popular online trading platforms used globally and its two main versions are MetaTrader 4...

Hedging in Forex: How to Hedge Currency Risk

Hedging in Forex helps limit significant losses and survive falling markets as well as major economic downturns...

What is Forex?

The Forex market offers high liquidity and margin opportunities for you to trade and potentially profit off of exchange rates of currencies...

What is Margin trading

Margin trading is one of the most common derivative strategies used in financial markets...

What is Leverage in Forex

Leverage allows traders to hold large positions in the Forex market with fewer capital. With leverage trading, traders can borrow money from a broker and hold larger positions, which in turn could magnify returns or losses.

How To Set a Stop Loss Order in Forex Trading

A stop loss order is used to prevent extensive losses, especially during severe market dip situations. By placing a stop loss order, you can automatically close your position if the market moves against you. It frees you up from monitoring your portfolio constantly. In volatile markets, uncontrollable losses that could wipe out your entire account can be prevented with the use of a stop loss order.

MetaTrader 5: The Complete Guide

MetaTrader 5, the powerful automated trading platform, offers advanced tools for successful trading analysis and trades in the financial markets...

What is MetaTrader 4: The Complete Guide to MT4

An advanced trading platform, MT4 has become a norm for seasoned Forex traders as it helps them execute their trades even when their machine is off...

What is a Spread in Forex?

A spread is a cost built into the buying and the selling price of all the currency pairs. In most cases, Forex spreads depend on your Forex broker...

What is a Currency Pair in Forex?

The foreign exchange (Forex) market is the largest financial market in the world...

How do you trade forex?

Many people want to get into Forex trading and make quick profits, but only a few...

Who trades forex?

Major players in the Forex market are financial institutions including ...

Why trade forex?

As the largest financial market globally, Forex trading is one of the most popular ...

Forex Margin & Leverage

Forex trading usually provides much higher leverage compared to other financial ...

Key steps to making your first trade in Forex.

Making your first trade in Forex successfully ...

How is Forex regulated?

There are several Forex brokers in the Forex market, and amidst those thousands of ...

Rollover rates

When you hold a currency spot position overnight, the interest you either earn ...

Tips for Forex trading beginners

In terms of trading volume, the Forex market is the largest financial market in the world...

Image placeholder


Have a basic understanding of Forex? Ready to level up? Move on to the intermediate course.

Go To Course

Guide to Forex Trading indicators.

Enter your details to get a copy of our free eBook

Thank you, please check your inbox for your ebook

Start a risk-free demo account

Create Demo Account

More Articles


Ready to trade at Blueberry Markets?

Your best trading experience is just a click away.