Binary options trading hours

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Binary options trading hours: trading in currency pairs is available around the clock, except for holidays and weekends. Cryptocurrency trading - around the clock, seven days a week at most exchanges. Trading in securities - on business days during trading sessions in accordance with the schedule of exchanges.

Binary options trading hours refer to the times when traders can buy and sell binary options on the market. These hours can vary depending on the specific asset being traded and the trading platform or broker being used. In general, binary options can be traded around the clock as they are based on underlying assets that may be traded on various global markets.

Binary options trading refers to the practice of trading financial instruments, such as currencies, commodities, and stocks, using binary options contracts. A binary option is a type of options contract that allows the trader to predict the direction of the underlying asset's price movement within a predetermined time frame. If the trader's prediction is correct, they receive a fixed payout. Conversely, if their prediction is incorrect, they lose the amount they invested in the option. Binary options trading can be done on a variety of assets and time frames, and the trading hours for these options may vary depending on the specific asset and platform being used.

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Binary options market hours

In this article, the experts at TU will delve into binary options trading hours and discuss when the market is open, how to determine the best times to trade, and expert insights on maximizing your profits. Whether you are a beginner or an experienced trader, understanding the trading hours for binary options can help you make informed decisions and potentially increase your chances of success.

What are binary options trading hours?

The trading hours for binary options depend on the underlying asset that you are trading. For example, the trading hours for binary Forex options are usually the same as the trading hours for the underlying currency pairs. So, for instance, if you are trading EUR/USD binary options, you can trade during the same hours that the EUR/USD currency pair is available for trading in the Forex market.

The trading hours for stock binary options depend on the stock exchange where the underlying stock is listed. For example, if you are trading binary options on a stock listed on the New York Stock Exchange (NYSE), you can trade during the NYSE's trading hours, typically from 9:30 am to 4:00 pm Eastern Time.

The trading hours for crypto binary options depend on the exchange where you are trading. Some crypto exchanges offer 24/7 trading, while others have specific trading hours. Therefore, it's essential to check the trading hours for the particular asset and exchange you are interested in trading.

In general, it's important to note that binary options are not available for trading on weekends or on holidays when financial markets are closed. It's also worth noting that the trading hours for binary options may vary depending on the broker you are using. Some brokers may have different trading hours for different assets or may have extended or reduced trading hours for certain events or news releases.

Forex binary options trading sessions

Binary options trading can be broken up into three main sessions. These are the Pacific session, the Asian session, and the European/American session.

The Pacific session runs from 22.00 GMT to 7.00 GMT.

The Asian session runs from 23.00 GMT to 9.00 GMT.

The European/American session runs from 8.00 GMT to 17.00 GMT.

According to a survey of binary options traders, the best time of day to trade is between the hours of 6.00–12.00 GMT and 18.00–0.00 GMT. This is when the highest percentage of profitable trades are made.

The best time to trade

The best time to trade

The Best Time to Trade Forex

Crypto binary options trading hours

Cryptocurrency markets can be open for trading 24/7, even on weekends and holidays. This is because cryptocurrency exchanges operate online and do not have the same operating hours as traditional financial markets.

However, it's important to note that while these markets may be open 24/7, the availability of certain assets for trading may vary. For example, some exchanges may not offer trading in certain cryptocurrencies on weekends or holidays. Additionally, the liquidity of cryptocurrency markets may vary at different times, which can affect the availability and price of certain assets.

Binary stock trading hours

The trading hours for stock binary options in the United States typically coincide with the regular trading hours of the underlying stock exchange.

The leading stock exchange in the United States is the New York Stock Exchange (NYSE), which has a trading schedule of Monday through Friday, 9:30 am to 4:00 pm Eastern Time. Another US-based stock exchange, the NASDAQ stock exchange, also has a similar time frame.

Commodities and precious metals

When it comes to trading binary options on commodities and precious metals, it is vital to understand the optimal times to enter the market. These types of assets can be influenced by various factors, including global economic conditions and market trends.

The Chicago Mercantile Exchange (CME) is a major exchange where a wide range of commodities, including agricultural products, energy products, and precious metals, are traded. The CME operates on a global basis and has different trading hours for its various products. It offers trading in agricultural products during two separate time periods: from 9:30 am to 1:15 pm Eastern Time (ET) and from 6:00 pm to 7:15 am the next day ET. Commodities such as crude oil and natural gas are most active for trading from 9:30 am to 3:00 pm ET, while precious metals are most actively traded from 8:30 am to 5:00 pm ET.

Best time for binary trading in different time zones

The optimal time to trade binary options varies depending on your location. Based on research and polls, the experts at TU have gathered the following information about the best trading hours for binary options across various regions in the world:

Best time to trade in binary options in UK/Europe (London session)

In the United Kingdom and Europe, the most suitable time is during regular trading hours, which generally start at 8:00 and finish at 17:00 GMT. It is worth noting that trading activity tends to be higher after 13:00 GMT when the US markets are open as well. If you want to trade Forex pairs such as GBP/AUD, it is advisable to trade during the London/Tokyo crossover.

Best time to trade in binary options in the USA (New York session)

The best time to trade in the United States, Canada, and other parts of the Americas is when the markets are lively. If you are interested in shares and like to trade American and British stocks, you should aim to trade between 8:00 and 12:00 EST. This timeframe should allow you to utilize both low and high-volume strategies.

Best time to trade in binary options in South Africa

In South Africa and the rest of Africa, there are periods of low, normal, and high volatility. It is advisable to avoid trading during times of low activity, which typically occur between 23:00 and 10:00 SAST. Normal volatility periods, which occur between 14:00 and 23:00 SAST, are the most suitable time to trade. Do note that volatility can increase due to economic events and other news stories, and the markets can be particularly unpredictable during these hours.

Best time to trade in binary options in Asia/Pacific (Tokyo/Sydney session)

The ideal time to trade binary options in Japan, Australia, and the rest of Asia is during the crossover of various markets. Forex pairs such as JPY/AUD tend to have decent volumes when both Tokyo and Sydney are open, while pairs involving GBP and EUR are best traded between 8:00 and 9:00 GMT when the London market is open as well. The same applies to stocks, with crossover periods being the most active and, therefore, the most popular time to trade.

Are binary options open on the weekend?

In general, binary options are not available for trading on weekends or on holidays when financial markets are closed. This is because most financial markets, including stock exchanges, commodity exchanges, and Forex markets, are closed on weekends and holidays.

However, it's worth noting that some brokers may offer extended trading hours for certain assets or events, and some cryptocurrency exchanges may offer trading in certain cryptocurrencies on weekends. For example, some brokers may offer binary options on cryptocurrencies 24/7.

TOP-10 Best Binary Option Indicators For Beginners

When should I stop trading?

It's important to recognize when it's best to stop trading Forex or binary options and when it's the most convenient option. Let's look at the times when you should stop binary trading.

After a winning trade

After a successful trade is the worst time to trade binary options, and this is when you should always stop. The primary explanation is that when you win, the winning deal gives you a momentary good feeling. It's like a "rush" that makes it hard to think clearly, so it's easier to think that good trading opportunities are coming up. Binary options trading can quickly deplete your account if you chase gains. The best way to deal with this is to stick to your trading plan and stay in charge.

Sideways or inactive markets

Binary options trading can be hazardous when markets are not particularly active. The main reason for this is that the price behavior of underlying assets becomes less reliable when there aren't any big effects or clear trends. This greatly depends on your approach and the options you have chosen. Still, generally speaking, it is advisable to stop trading when market volatility is minimal, and trends cannot be easily identified. Small candles moving in a constrained channel are frequently used to determine the direction of the sideways market. They display investor hesitancy and a lack of market movers.

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FAQ

Can you trade binary options on weekends?

It is generally not possible to trade binary options on weekends, as most financial markets are closed during this time. However, some binary options brokers may offer weekend trading on certain assets, such as cryptocurrencies.

Do options trade 24 hours?

Binary options can be traded around the clock, as they are based on underlying assets that may be traded on various global markets. However, the availability of specific assets and trading conditions can vary depending on the broker and the market hours of the underlying asset.

Which time frame is best for binary options?

The best time frame for binary options trading depends on the asset and trading strategy used. Some traders may prefer shorter time frames, such as 5 or 15 minutes, while others may prefer longer time frames, such as daily or weekly. It is essential to consider your trading goals and risk tolerance when choosing a time frame.

Can options be traded after 4 pm?

It is possible to trade binary options after 4 pm, as many financial markets remain open beyond this time. However, the availability of specific assets and trading conditions can vary depending on the broker and the market hours of the underlying asset. It is important to check with your broker to determine their specific trading hours.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

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.

The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.

Mikhail’s motto: Learn something new and share your experience – never stop!

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

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. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.

Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.

Mirjan Hipolito
Cryptocurrency and stock expert

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.