RoboForex Trading Hours (Market Open And Close)
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RoboForex operates around the clock, starting from 12:00:01 AM on Monday (server time) until 11:58:59 PM on Friday (server time).
The Forex market operates across various time zones based on the different Forex trading sessions, remaining open twenty-four hours a day, five days a week, and closed on weekends. This continuous operation is facilitated by the distinct opening and closing times of the Forex sessions. For traders using the RoboForex trading platform, it is essential to understand the RoboForex market hours. Knowing the specific opening and closing times during the different Forex trading sessions is crucial for effective trading.
Before examining the RoboForex opening hours, it is important to understand the Forex trading sessions. This article provides traders with a detailed overview of the four trading sessions and the RoboForex trading hours.
Forex market hours RoboForex
As outlined in the introduction, the Forex market is available for trading around the clock, Monday through Friday. Generally, the Forex market starts on Sunday and concludes on Friday. However, RoboForex specifies that its trading hours span from Monday at 12:00:01 AM (server time) to Friday at 11:58:59 PM (server time). The server time for RoboForex is based on Eastern European Time (EET).RoboForex's server time differs from UTC by two hours (UTC +2), shifting to a three-hour difference (UTC +3) during daylight saving time, which is observed from March to October. From November to March, the standard time of UTC+2 is in effect.
The market's opening and closing times can vary across different parts of the day depending on the region, such as morning, noon, evening, night, and early morning. Therefore, it is advisable for traders to understand the Forex sessions and convert these times to their local time zones.
Depending on their time zone and when the market opens, traders can participate in one of the four Forex sessions, which are:
Sydney Session
Tokyo Session
London Session
New York Session
Each Forex session has distinct opening and closing times. Moreover, some currency pairs are more favorable to trade during particular sessions. Therefore, it is essential to consider the RoboForex trading hours, as they are aligned with the Forex trading sessions.
The table below details the RoboForex trading session hours according to the Forex trading sessions commonly recognized in the trading industry.
| Region/City | Open (UTC+2 (Eastern European time, EET)) | Close (UTC+2 (Eastern European time, EET)) |
|---|---|---|
ASIA | ||
Tokyo | 2:00 | 10:00 |
Singapore | 2:00 | 10:00 |
Europe | ||
London | 9:00 | 17:00 |
Frankfurt | 8:00 | 16:00 |
America | ||
New York | 15:00 | 23:00 |
Chicago | 16:00 | 24:00 |
Pacific | ||
Sidney | 22:00 | 6:00 |
Wellington | 22:00 | 6:00 |
Periods known as "market overlaps" occur when two Forex trading sessions are open concurrently. Research indicates that these overlaps lead to heightened trading activity. The overlap between the London and New York sessions is recognized as the busiest among all Forex session overlaps. This overlap occurs from 3 p.m. to 7 p.m. UTC+2 (4 p.m. to 8 p.m. UTC+3) and offers substantial trading volume and opportunities. While the overlap between the Sydney and Tokyo sessions is less volatile than the U.S./London overlap, it still holds considerable potential. During these times, the Forex market is flooded with buyers and sellers, ensuring ample liquidity and minimizing the risk of slippage.
RoboForex CFD markets hours
Notably, trading on CFDs for metals begins and concludes one hour earlier than usual (server time) when operating under the UTC+3 time zone. The table below outlines the RoboForex CFD market hours as of the time of writing.
| Assets | open | close |
|---|---|---|
CFDs on US stocks | 03:31 PM | 09:59 PM |
CFDs on metals | 12:05 AM | 10:59 PM |
CFDs on US Futures | 12:00 AM | 10:59 PM |
CFDs on US indices | 02:00 AM | 10:15 PM |
US stock market hours
The RoboForex server time is set two hours ahead of UTC (UTC+2); this shifts to UTC+3 during the summer months due to daylight saving time. However, due to new technological advancements and growing trading demand, trading hours now also include regular, pre-market, after-hours, and non-trading periods.
Regular trading hours
Stock market trading during regular hours is from 2:30 PM to 7:00 PM UTC+2 or from 11:30 AM to 6:00 PM UTC+3.
Pre-market trading
Pre-market stock trading occurs from 7:00 AM to 12:30 PM UTC+2 or from 6:00 AM to 11:30 AM UTC+3.
After-hours trading
After-hours trading spans from 11:00 PM to 3:00 AM UTC+2 or from midnight to 4:00 AM UTC+3.
Non-trading days
Saturdays and Sundays are considered non-trading days on RoboForex, as no trading activities take place on these days.
Weekend trading at RoboForex
The Forex and stock markets on RoboForex operate continuously from Monday to Friday, available 24 hours each day for trading. Similar to other global stock exchanges, these markets are closed during the weekends, resulting in certain financial instruments being unavailable for trading. Over the weekend, stop-loss and take-profit orders may not be assured, potentially leading to slippage.
RoboForex Summary
Note:
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | МТ4, МТ5, R StocksTrader, R MobileTrader, R WebTrader |
| 📊 Accounts: | ProCent, Pro, ECN, Prime, R StocksTrader |
| 💰 Account currency: | USD, EUR, GOLD |
| 💵 Replenishment / Withdrawal: | SEPA, Bank transfer, Skrill, Neteller, AdvCash, Perfect Money, Visa/Mastercard, AstraPay, NganLuong Wallet, JCB. |
| 🚀 Minimum deposit: | $10 |
| ⚖️ Leverage: | 1:2000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01-100 |
| 💱 Spread: | Floating from 0 pips |
| 🔧 Instruments: | Forex (currency pairs), ETFs, index CFDs, oil CFDs, CFD on European and U.S. stocks, real securities |
| 💹 Margin Call / Stop Out: | 40% / 10% - 60% / 40% |
| 🏛 Liquidity provider: | n/a |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution |
| ⭐ Trading features: | Negative Balance Protection; No swaps on Islamic accounts, a pleasant affiliate program: each market participant gets up to 20% loyalty; One Click Trading. |
| 🎁 Contests and bonuses: | Welcome Bonus |
RoboForex bonus programs are the company's strong points. Every trader gets a $30 Welcome Bonus, if they deposit $10 or more to their account. Additional bonuses include 5%-15% cash back on the fees depending on the trading volume, as well as additional 10% extra funds for more than 1,000 traded.
The minimum deposit on all accounts except R StockTrader is $10. The minimum deposit for trading stocks on the R StocksTrader and copying trades on the CopyFx platform is $100. The spread on Prime and ECN accounts is floating, from 0 pips, on Pro and ProCent accounts – floating from 1.3 pips. You can trade 36 currency pairs, metals and CFDs on this type of account.
For trading, RoboForex has available the following applications: MetaTrader 4, MetaTrader 5, and R StocksTrader, as well as its web terminal, on which you can work on real and demo accounts.
Leverage is up to 1:300-1:500 depending on the account type, as required by the regulatory authorities. The leverage on the cent account is up to 1:2000. On standard accounts, manual increase of leverage to 1:2000 is possible during registration, but this option is subject to certain rules. This parameter is appreciated by experienced traders and amateurs of aggressive trading. With RoboForex, you can earn not only on trading but also on the affiliate program, making a profit from users you have referred to a broker. Multilingual support helps market participants solve their pressing problems 24/7.
The highest liquidity typically occurs during the overlap of the London and New York sessions
As an experienced trader, I can tell you that understanding your broker’s trading hours is vital for minimizing the risk of slippage. Slippage occurs when there is a discrepancy between the price at which you intended to execute a trade and the actual price at which it gets executed. This often happens during periods of high volatility or low liquidity, and being aware of your broker’s trading hours can help you navigate these challenges more effectively.
Forex markets operate 24 hours a day, but liquidity is not constant throughout this period. The highest liquidity typically occurs during the overlap of the London and New York trading sessions. By knowing when these overlaps happen, I can choose to execute trades during these peak times, which reduces the likelihood of slippage due to higher liquidity and narrower spreads.
Conversely, outside of major trading hours, particularly during the transition between the New York close and the Asian open, liquidity can drop significantly. This drop can lead to wider spreads and increased chances of slippage. Being aware of these low-liquidity periods helps me avoid executing large trades that might be adversely affected by slippage.
Additionally, keeping track of scheduled economic events and news releases is crucial. These events can cause significant volatility and unpredictable price movements. By aligning my trading activities with the broker’s trading hours and avoiding key economic announcements, I can further reduce the risk of slippage and improve my overall trading performance.
Conclusion
RoboForex operates 24 hours a day from 12:00 AM Monday to 11:59 PM Friday (server time, EET), adjusting between UTC+2 and UTC+3 for daylight saving time. The Forex market includes four main sessions: Sydney, Tokyo, London, and New York, each with unique opening and closing times. Overlaps, like the one between the London and New York sessions, increase trading activity and liquidity. RoboForex also supports trading CFDs on various assets with specific hours for US stocks, metals, futures, and indices. Regular stock market hours are 2:30 PM to 7:00 PM UTC+2, with additional pre-market and after-hours sessions. No trading occurs over the weekend.
FAQs
Is RoboForex available for trading on weekends?
No, RoboForex is not available for trading on weekends. The platform operates from Monday to Friday, and all trading activities are paused during the weekend.
What are the operating hours of the Tokyo market in UTC+3?
The Tokyo market operates from 3 a.m. to 12 p.m. in the UTC+3 time zone, providing ample trading opportunities for those in this region.
How does daylight saving time affect RoboForex trading hours?
During daylight saving time, RoboForex operates on UTC+3 from March to October. From November to February, the platform switches to UTC+2.
When is the best time to trade Forex for maximum liquidity?
The best time to trade Forex for maximum liquidity is during the overlap of the London and New York sessions, from 3 p.m. to 7 p.m. UTC+2 (4 p.m. to 8 p.m. UTC+3).
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Team that worked on the article
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK.