Forex Trading Hours & Major Trading Blocks
What are the Forex trading hours?
The forex trading hours are 5 days a week, 24 hours a day. The forex market is able to trade 24 hours a day since there is no physical location of the exchange. The forex market is rather a network of computers and large banking institutions that provide the marketplace for the forex market. Trading for the week begins at Sunday 5pm EST and runs through Friday 4pm EST.
4 Major Forex Trading Blocks
There are four primary trading blocks for the forex:
- New York: 8:00 am to 4:00 pm EST
- Tokyo 8:00 pm to 4:00 am EST
- Sydney 5:00 pm to 2:00 am EST
- London 2:00 am to 12:00 pm EST
Most Active Forex Trading Block
The largest amount of trading activity occurs when there is overlap between the various forex trading hours. The most active period of the day is from 8:00 am EST and 12:00 pm EST as it is the overlap between the American and London markets.