Pepperstone trading hours
Pepperstone is one of the most popular forex brokers in the world, providing traders with a wide range of forex instruments in addition to CFD trading, live market data, and real-time streaming. Pepperstone is a global platform, and trading hours may vary from region to region, as discussed in this blog post. Understanding the platform’s trading hours is important for traders to schedule their trading to maximise their returns.
Pepperstone trading hours
The forex market is the most liquid market in the world, owing to millions of transactions carried out throughout the day. The market is open 24 hours a day, but traders can only trade within specified day hours. Pepperstone trading hours guide traders in various asset classes on the allotted trading times in a trading day.
Pepperstone CFD Markets Hours
| Market | Trading Hours (GMT) | Local Exchange Time |
|---|---|---|
| EURX | 00:01 - 23:59 (Opens Monday 01:00; closes Friday 23:55) | Opening 08:00 Monday | 07:01-06:59 (closes on Saturday 06:55) |
| JPYX | 00:01 - 23:59 (Opens Monday 01:00; Closes Friday 23:55) | Opening Monday 08:00| 07:01-06:59 (Closes Saturday 06:55 |
| USDX | 03:00 - 23:59 (Closes Friday 23:55) | 10:00 - 06:59 (Closes Saturday 06:55) |
| HK50, SCI25, SPA35, UK100, CN50, EUSTX50, US500, US30 and US2000 | 00:01 - 23:59 (Monday opens 01:00; Closes Friday 23:55) | Opening 8:00 Monday | 07:01-06:59 (Closes Saturday 06:55) |
| GER40 | 01:00-02:00,02:15-23:59 | 01:15 - 07:00, 08:00 - 16:30, 21:00 - 01:15 |
| JPN 225 | (Opens Monday 01:00) 00:01 - 08:10 / 09:20 - 23:59 | 08:01 - 16:10 / 17:20 - 06:59 |
| AUS200 | 02:50-09:30 - 10:10-23:59 | 09:50 - 16:30, 17:10 - 06:59 |
| FRA40 | 09:00-22:55 | 16:00-05:00 |
| VIX | 00:01 - 23:59 (Opens Monday 01:00; Friday close 23:55) | Opens 8:00 Monday | 08:01-06:59 (Closes Saturday 06:55) |
| NAS100 | 01:00 - 23:15, 23:30 - 23:59 (Closes Friday 23:55) | 08:00-06:15, 06:30-06:59 (Closes Saturday 06:55) |
| HK Share CFDs | 4:30-7:00, 8:00-11:00 | 11:30-14:00, 15:00-18:00 |
| US Share CFDs | 16:31 - 22:55 | 23:31 - 05:55 |
| German Share CFDs | 10:00 - 18:29 | 05:31 - 01:55 |
| AU Share CFDs | 03:01-09:00 | 10:01 - 04:00 |
Forex Market Hours
Forex traders usually time their transactions as part of their trading strategy to maximise gains and minimise losses. The question of the best time to trade is one of the most common topics in trading forums, and a popular strategy is to trade when the market is highly volatile.
However, a recent survey shows that the volatility approach may not be the most profitable time as the data dispels this notion. Most traders agree that some days of the week, like Wednesday and Thursday, consistently rank as the top profitable days regardless of volatility.
Forex time zones are the best trading time zones depending on the time in the country of the base currency. The primary time zones are:
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The Asia/Tokyo session which operates between 23.00 GMT and 9.00 GMT. USD/JPY and GBP/JPY are some of the most actively traded pairs during this session.
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The New York (American) session runs from 13:00 GMT to 22.00 GMT. The base currency is the USD, and some of the popular pairs are GBP/USD and EUR/USD.
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The London session opens at 8.00 GMT and closes at 17.00 GMT. The main traded pairs include EUR/GBP and GBP/USD.
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Sydney (Pacific) session opens at 22.00 GMT and closes at 7.00 GMT. The main traded pairs contain Australian and New Zealand dollars, such as AUD/USD and NZD/USD.
FAQ
When are the best hours for trading forex in general?
The trading hours make currency trading distinct. The week starts from Sunday at 5 p.m. EST and ends on Friday at 5 p.m. Not all of the day's hours are equally favorable for trading. When the market is at its most active, that is usually the best possible time to start executing trades. The market becomes very active when more than one market is open at the same time, as there are more variations in terms of currency pairs.
Currency pairings frequently become trapped in a narrow pip spread with just about 30 pip of movement when only one market is active. When significant news is revealed, two markets opening at once can easily see volatility north of 70 pips.
What is a trading session?
A trading session is the stipulated trading time and region of an asset class in a market such as forex.
When does the forex market open?
The forex market runs 24 hours a day. However, there are three main sessions that open and close at different times.
What are the most popular forex pairs?
The most popular forex pairs are EUR/USD, GBP/USD, and USD/JPY.
Glossary for novice traders
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1
Volatility
Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.
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2
Broker
A broker is a legal entity or individual that performs as an intermediary when making trades in the financial markets. Private investors cannot trade without a broker, since only brokers can execute trades on the exchanges.
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3
CFD
CFD is a contract between an investor/trader and seller that demonstrates that the trader will need to pay the price difference between the current value of the asset and its value at the time of contract to the seller.
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4
Trading
Trading involves the act of buying and selling financial assets like stocks, currencies, or commodities with the intention of profiting from market price fluctuations. Traders employ various strategies, analysis techniques, and risk management practices to make informed decisions and optimize their chances of success in the financial markets.
Team that worked on the article
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.
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.