eToro Trading Hours (GMT and Local Exchanges Time)
eToro trading platform is one of the most popular for beginners. Its CopyTrader™ technology allows anyone to copy the eToro portfolios of more experienced users. As a result, many new traders are interested in understanding how eToro works. Among the questions that arise are eToro trading hours. The trading market never sleeps. However, some restrictions are placed depending on the asset class being traded. A good example is eToro's cryptocurrency exchange, which is available 24/7. For forex and global stock markets, eToro follows the operating hours of the underlying markets. That's 24 hours a day, five days a week. For more information on eToro market hours, please continue reading our guide.
eToro CFD Markets Hours
CFD refers to 'contract for difference'. It's a way to speculatively trade on the price movements of underlying assets without actually owning them. eToro offers CFD trading on a wide range of assets, including forex, commodities, indices, stocks, and cryptocurrencies.
Here is a table showing eToro's CFD markets hours.
| Market | Trading Hours (GMT) | Local Exchange Time |
|---|---|---|
Forex |
Sunday 21:05 - Friday 20:30 |
Sunday 16:05 - Friday 15:30 |
US Stocks |
Monday 13:30 - Friday 20:00 |
Monday 08:30 - Friday 15:00 |
Crypto |
24/7 |
24/7 |
Other |
- |
- |
Forex Market Hours eToro
Forex market hours are the periods of time when currency trading takes place. The foreign exchange (forex) market is open 24 hours a day, five days a week, except for holidays. That means that forex traders can trade any time, day or night.
Several factors influence the forex market hours. They include:
The geographical location of the forex market participants
The time zone in which the forex market participants are located
The economic activity of the different forex market participants
The most active forex market participants are in Sydney, Tokyo, London, and New York. These four cities make up the majority of the forex market participants. The most active forex trading occurs during the overlap of London and New York.
Let's look at the eToro forex trading hours for each of these four forex market participants.
Sidney. Trading hours are 22:00 GMT - 07:00 GMT. During this session, many participants are from New Zealand and Australia. Pairs actively traded during this session include the AUD/USD, NZD/USD, and AUD/JPY. Generally, any pair that includes the AUD or NZD will be actively traded during this session.
Tokyo. Trading hours are 23:00 GMT - 09:00 GMT. The Tokyo session is often considered the beginning of the forex trading day, as it is the first major session to open after the weekend. Pairs containing the JPY are actively traded during this session. The most popular pairs include the USD/JPY, EUR/JPY, and GBP/JPY.
London. Trading hours are 08:00 GMT - 17:00 GMT. The London session is the most active forex trading session. During this session, most European currency pairs are actively traded. The most popular pairs include EUR/USD, GBP/USD, and EUR/GBP.
New York. Trading hours are 13:00 GMT - 22:00 GMT. The New York session is the last major forex trading session. During this session, pairs that include the USD are actively traded. The most popular pairs include USD/JPY, USD/CHF, and USD/CAD.
Some overlap does exist between the different forex market timezones. The Sydney and Tokyo sessions overlap for one hour, from 08:00 GMT - 09:00 GMT.
The London and New York sessions overlap for four hours, from 13:00 GMT - 17:00 GMT.
The Best Time to Trade ForexUS Stock Market Hours
Three markets exist in US stocks:
Pre-market
Regular market
After-hours market
Pre-market is the period between 4:00 a.m. and 9:30 a.m. ET. This session is characterized by lower trading volume, large spreads, and thin liquidity. This is because many market participants are not yet active during this time.
The regular market is the period between 9:30 a.m. and 4:00 p.m. ET. This is the most active time for US stocks. During this session, the vast majority of market participants are active, and trading volume is at its highest.
The after-hours market refers to the period between 4:00 p.m. and 8:00 p.m. ET. Investors use electronic communication networks (ECNs) during this session to trade stocks. This session is characterized by lower trading volume, wider spreads, and less liquidity.
Crypto Market Hours
The Crypto market does not have official hours like other markets. The market is open 24/7 on eToro. Read more in the article: How to buy bitcoin on eToro.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
"Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more"
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
FAQ
What is forex trading?
Forex trading is the act of buying and selling currencies. The forex market is a global, decentralized market that allows traders to buy and sell currencies.
Why is the crypto market available 24/7?
The crypto market is open 24/7 because it is a global, decentralized market. There is no central exchange that controls the market.
What are the most popular forex pairs?
The most popular forex pairs are EUR/USD, GBP/USD, and USD/JPY.
What is the best time to trade forex?
The best time to trade forex is during the London and New York session overlap. This is when most market participants are active and trading volume is at its highest.
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Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
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Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
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Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.