Trading hours of XM

XM

Financial Services Commission (FSC)(license number 000261/397)

Trading hours of XM

Trading hours of XM are from 22:05 GMT on Sunday till 21:50 GMT on Friday when FX market of major cities are open and you can continuously trade for nearly 24 hours during these periods except maintenance hours. However please note that with XM trading hours may change depending on the descriptions, on switch between summer and winter time or on national holidays of each country.

While the market of each country opens and closes one by one in turn during the day for weekdays, it is very important to grasp what time is the most actively traded hours during the day. It is recommendable that to find the features and trends of each market and trade at the best timing to generate a big profit during 24 hours of the day.

XMの取引時間

From 22:05 GMT on Sunday till 21:50 GMT on Friday and you can trade almost 24 hours a day.


List of trading hours of all descriptions of XM

Trading hours of XM are from 22:05 GMT on Sunday till 21:50 GMT on Friday and you can continuously trade for 24 hours during these periods except maintenance hours. However trading hours of some currency pairs and CFDs of precious metals, commodities, equity indices, energies, Stock CFDs and Cryptocurrencies have different trading hours depending on the descriptions, so caution is needed. Cryptocurrencies can be traded 24 hours a day, 7 days a week, including Saturdays and Sundays.

Trading hours of XM FX currency pairs

Trading hours of XM FX currency pairs are as follows: However Russian Ruble related currency pairs are traded in different trading hours than other currency pairs. So please be noted.

Description GMT+2 time zone (GMT+3 in summer time)
All currency pairs Monday 00:05 - Friday 23:50
GMT+2 time zone
(GMT+3 in summer time)
All currency pairs Monday 00:05
Friday 23:50

Trading hours of XM precious metal CFDs

Trading hours of XM precious metal CFDs such as GOLD or SILVER are as follows: For your information, closing time of precious metal CFDs on Friday is set earlier than other weekdays. So please be noted.

Description GMT+2 time zone (GMT+3 in summer time)
GOLD 01:05 - 23:55
(23:50 only on Friday)
SILVER 01:05 - 23:55
(23:50 only on Friday)
PLAT 01:05 - 23:55
(23:50 only on Friday)
PALL 01:05 - 23:55
(23:50 only on Friday)
GMT+2 time zone
(GMT+3 in summer time)
GOLD 01:05 - 23:55
23:50 only on Friday
SILVER 01:05 - 23:55
23:50 only on Friday
PLAT 01:05 - 23:55
23:50 only on Friday
PALL 01:05 - 23:55
23:50 only on Friday

Trading hours of XM commodity CFDs

Trading hours of XM commodity CFDs are as follows: For your information, closing time of HGCOP (HG copper) on Friday is exceptionally set earlier than other weekdays. So please be noted.

Description GMT+2 time zone (GMT+3 in summer time)
COCOA 11:50 - 20:25
COFFE 11:50 - 20:25
CORN 03:05 - 15:40
16:35 - 21:10
COTTO 04:05 - 21:15
HGCOP 01:05 - 23:55
(23:10 only on Friday)
SBEAN 03:05 - 15:40
16:35 - 21:10
SUGAR 10:35 - 19:55
WHEAT 03:05 - 15:40
16:35 - 21:10
GMT+2 time zone
(GMT+3 in summer time)
COCOA 11:50 - 20:25
COFFE 11:50 - 20:25
CORN 03:05 - 15:40
16:35 - 21:10
COTTO 04:05 - 21:15
HGCOP 01:05 - 23:55
23:10 only on Friday
SBEAN 03:05 - 15:40
16:35 - 21:10
SUGAR 10:35 - 19:55
WHEAT 03:05 - 15:40
16:35 - 21:10

Trading hours of XM Equity Indices

Trading hours of XM Equity Indices are as follows: There are cash and futures in Equity Indices and both are traded in the same hours. For your information, closing time of some Equity Indices CFDs on Friday is set earlier than other weekdays. So please be noted.

Description GMT+2 time zone (GMT+3 in summer time)
AUS200 02:55 - 09:25
10:15 - 23:55
(23:10 only on Friday)
EU50 09:05 - 22:55
FRA40 09:05 - 22:55
GER40 01:05 - 03:00
03:15 - 23:55
(23:10 only on Friday)
HK50 04:20 - 06:55
08:05 - 11:25
12:20 - 19:55
IT40 10:05 - 18:35
JP225 01:05 - 23:55
(23:50 only on Friday)
NETH25 09:05 - 22:55
SPAIN35 10:05 - 20:55
SWI20 09:05 - 22:55
UK100 01:05 - 23:55
(23:10 only on Friday)
US100 01:05 - 23:55
(23:50 only on Friday)
US30 01:05 - 23:55
(23:50 only on Friday)
US500 01:05 - 23:55
(23:50 only on Friday)
USDX 03:05 - 23:55
(23:10 only on Friday)
GMT+2 time zone
(GMT+3 in summer time)
AUS200 02:55 - 09:25
10:15 - 23:55
23:10 only on Friday
EU50 09:05 - 22:55
FRA40 09:05 - 22:55
GER40 01:05 - 03:00
03:15 - 23:55
23:10 only on Friday
HK50 04:20 - 06:55
08:05 - 11:25
12:20 - 19:55
IT40 10:05 - 18:35
JP225 01:05 - 23:55
23:50 only on Friday
NETH25 09:05 - 22:55
SPAIN35 10:05 - 20:55
SWI20 09:05 - 22:55
UK100 01:05 - 23:55
23:10 only on Friday
US100 01:05 - 23:55
23:50 only on Friday
US30 01:05 - 23:55
23:50 only on Friday
US500 01:05 - 23:55
23:50 only on Friday
USDX 03:05 - 23:55
23:10 only on Friday

Trading hours of XM energy index CFDs

Trading hours of XM energy CFDs are as follows: For your information, closing time of energy CFDs on Friday is set earlier than other weekdays. So please be noted.

Description GMT+2 time zone (GMT+3 in summer time)
BRENT 03:05 - 00:55
(23:10 only on Friday)
GSOIL 03:05 - 00:55
(23:10 only on Friday)
NGAS 01:05 - 23:55
(23:10 only on Friday)
OIL 01:05 - 23:55
(23:10 only on Friday)
OILMn 01:05 - 23:55
(23:10 only on Friday)
GMT+2 time zone
(GMT+3 in summer time)
BRENT 03:05 - 00:55
23:10 only on Friday
GSOIL 03:05-00:55
23:10 only on Friday
NGAS 01:05 - 23:55
23:10 only on Friday
OIL 01:05 - 23:55
23:10 only on Friday
OILMn 01:05 - 23:55
23:10 only on Friday

Trading hours of XM Cryptocurrencies

Trading hours of XM Cryptocurrencies are as follows: Cryptocurrencies is generally available 24 hours a day, 7 days a week, including Saturdays and Sundays, allowing active trading even on weekends when Forex and other CFD products cannot be traded.

Description GMT+2 time zone (GMT+3 in summer time)
All Cryptocurrencies 24 hours a day, 7 days a week
GMT+2 time zone
(GMT+3 in summer time)
All
Cryptocurrencies
24 hours a day
7 days a week

Trading hours of XM Stock CFDs

Trading hours of XM Stock CFDs are as follows: Every third Friday of the month, the trading hours of Greek stocks will have a break between 13:44 and 14:01 GMT+2 time zone (note that DST may apply).

Description GMT+2 time zone (GMT+3 in summer time)
Accenture plc (ACN.N) 16:40 - 22:55
Amazon (AMZN.OQ) 16:40 - 22:55
Apple (AAPL.OQ) 16:40 - 22:55
ASML Holding NV (ASML.AS) 10:10 - 18:25
AstraZeneca PLC (AZN.ST) 10:10 - 18:15
LVMH (LVMH.PA) 10:10 - 18:25
Microsoft (MSFT.OQ) 16:40 - 22:55
Nestlé (NESN.VX) 10:10 - 18:15
Novo Nordisk A/S (NVO.N) 16:40 - 22:55
Shell (RDSB.L) 10:10 - 14:00, 14:03 - 18:25
Taiwan Semiconductor Manufacturing Company,
Limited (TSM.N)
16:40 - 22:55
GMT+2 time zone
(GMT+3 in summer time)
Accenture plc
(ACN.N)
16:40 - 22:55
Amazon
(AMZN.OQ)
16:40 - 22:55
Apple
(AAPL.OQ)
16:40 - 22:55
ASML Holding NV
(ASML.AS)
10:10 - 18:25
AstraZeneca PLC
(AZN.ST)
10:10 - 18:15
LVMH
(LVMH.PA)
10:10 - 18:25
Microsoft
(MSFT.OQ)
16:40 - 22:55
Nestlé
(NESN.VX)
10:10 - 18:15
Novo Nordisk A/S
(NVO.N)
16:40 - 22:55
Shell (RDSB.L) 10:10 - 14:00
14:03 - 18:25
Taiwan Semiconductor Manufacturing Company, Limited (TSM.N) 16:40 - 22:55

Rule of XM trading hours

Timing of switch between summer and winter time with XM

There are two time zones with XM, which is, summer time (GMT+3) and winter time (GMT+2). Summer time is the system where standard time becomes 1 hour ahead than winter time during summer period when sunrise becomes earlier in order to utilize the time for sunlight. Starting time of trading hours and the time of economic indicator release are earlier by 1 hour in summer time than in winter. So please be noted.

Timing of switch between summer and winter time differs by countries. Cyprus where XM's Headquarters resides switches the time as follows: XM changes its winter/summer time at this timing on MT4/MT5.

Timing of switch between summer and winter time with XM

Summer time(GMT+3) Winter time(GMT+2)
Time difference with Swiss: 1 hour
(Minus 1 hour for MT4/MT5)
Summer time(GMT+3)
Winter time(GMT+2)
Time difference with Swiss: 1 hour
(Minus 1 hour for MT4/MT5)
  1. Above is the switch timing between summer and winter time applied in XM's MT4/MT5. It is different from switch between summer and winter time in actual trading hours of each country. So please be noted.
  2. Trading hours of each description provided by XM are affected by the market of each country. Therefore the timing of switch between summer and winter time will be different by descriptions. So please be noted.

Time on XM's MT4/MT5 server

XM's MT4 (MetaTrader 4)/MT5 (MetaTrader 5) shows the standard time of Cyprus where XM's Headquarters resides. In order for you to check the time on XM's MT4/MT5, you need to take the time difference between the place you live and Cyprus into consideration.

Cyprus time is GMT+2 (GMT+3 in summer time) and Swiss time is GMT+1 (GMT+2 in summer time), therefore the time difference is 1 hour. You can easily calculate Swiss time by deducting 1 hour from MT4/MT5 time.

What is GMT?

GMT stands for Greenwich Mean Time. World standard time is set based on this time. Swiss time is 1 hour ahead of GMT+0 (GMT+2 in summer), therefore it is GMT+1 (GMT+2 in summer).

Trading hours of Christmas, year-end and new year holidays, and national holidays with XM

Markets are closed on Saturdays and Sundays as well as Christmas, and year-end and new year holidays with XM. There may also be the cases where trading hours of some descriptions change or close due to festal days of each country. So please be noted.

You will receive the mail titled 'Important notice' in order to make the change of trading hours for Christmas, year-end and new year holidays, and national holidays of XM well known to clients. Please make sure not to overlook the information of market close. For your information, following changes of market hours/market close for Christmas, and year-end and new year holidays of 2023 were made with XM.

Trading hours/market close for Christmas, and year-end and new year holidays of 2023 with XM

Date Instruments Trading Hours
22/12/2023 SA40Cash Early Closing at 12:10
UK100CashUK100-MAR24
Early Closing at 14:25
GSOIL-JAN24 Early Closing at 21:40
BRENT-MAR24BRENTCash
Early Closing at 21:55
Others Normal Hours
23/12 - 24/12 All Closed
25/12 All Closed
26/12 GSOIL-JAN24 Closed
Equity Indices(*1) Closed
Stock CFDs(*2) Closed
COCOA-MAR24、COFFE-MAR24、
COTTO-MAR24、SUGAR-MAR24
Late Opening at 14:35
CORN-MAR24、SBEAN-MAR24、
WHEAT-MAR24
Late Opening at 16:35
Others Normal Hours
27/12 UK100Cash、UK100-MAR24 Late Opening at 03:05
Others Normal Hours
28/12 All Normal Hours
29/12 UK100Cash、UK100-MAR24、
UK Stocks
Early Closing at 14:25
Austrian Stocks Early Closing at 15:10
GSOIL-JAN24 Early Closing at 21:40
BRENT-MAR24BRENTCash
Early Closing at 21:55
Others Normal Hours
30/12 - 31/12 All Closed
01/01/2024 All Closed
02/01
UK100CashUK100-MAR24
Late Opening at 03:05
CORN-MAR24、SBEAN-MAR24、
WHEAT-MAR24
Late Opening at 16:35
Others Normal Hours
03/01 - 04/01 All Normal Hours
05/01 Swedish Stocks Early Closing at 13:50
Others Normal Hours
22/12/2023
SA40Cash Early Closing at 12:10
UK100Cash
UK100-MAR24
Early Closing at 14:25
GSOIL-JAN24 Early Closing at 21:40
BRENT-MAR24
BRENTCash
Early Closing at 21:55
Others Normal Hours
23/12 - 24/12
All Closed
25/12
All Closed
26/12
GSOIL-JAN24 Closed
Equity Indices
(*1)
Closed
Stock CFDs(*2) Closed
COCOA-MAR24
COFFE-MAR24
COTTO-MAR24
SUGAR-MAR24
Late Opening at 14:35
CORN-MAR24
SBEAN-MAR24
WHEAT-MAR24
Late Opening at 16:35
Others Normal Hours
27/12
UK100Cash
UK100-MAR24
Late Opening at 03:05
Others Normal Hours
28/12
All Normal Hours
29/12
UK100Cash
UK100-MAR24
UK Stocks
Early Closing at 14:25
Austrian Stocks Early Closing at 15:10
GSOIL-JAN24 Early Closing at 21:40
BRENT-MAR24
BRENTCash
Early Closing at 21:55
Others Normal Hours
30/12 - 31/12
All Closed
01/01/2024
All Closed
02/01
UK100Cash
UK100-MAR24
Late Opening at 03:05
CORN-MAR24
SBEAN-MAR24
WHEAT-MAR24
Late Opening at 16:35
Others Normal Hours
03/01 - 04/01
All Normal Hours
05/01
Swedish Stocks Early Closing at 13:50
Others Normal Hours
  1. AUS200Cash, EU50Cash, EU50-Mar24, FRA40-JAN24, GER40Cash, GER40-MAR24, HK50Cash, ChinaHCash, NETH25Cash, SPAIN35Cash, SWI20Cash, SWI20-MAR24, UK100Cash, UK100-MAR24, SA40Cash, CA60Cash
  2. UK Stocks, French Stocks, German Stocks, Dutch Stocks, Spanish Stocks, Swiss Stocks, Belgian Stocks, Italian Stocks, Greek Stocks, Portuguese Stocks, Finnish Stocks, Norwegian Stocks, Austrian Stocks

Note : All times displayed are GMT +2.

Trades outside of trading hours

No orders/position closes are acceptable outside of trading hours with XM. However markets are always moving even outside of trading hours and there are occasionally big movements and sometimes there are big gaps of price between weekend closing rate and opening rate of the following week. It is called 'exhaustion gap.'

Not only orders/position closes are acceptable, limit orders/stop loss orders are also not executed. So there may be the cases that you may suffer an unexpected big loss when there is an exhaustion gap and unusual big loss may arise due to a loss cut far below the level of loss limit line. Please make sure to keep an eye on your positions when you carry over the position during the period of not only weekends but also holidays such as Christmas/year-end and new year holidays in order to avoid unexpected loss.

Trades outside of trading hours

Trades outside of trading hours

  1. There may the cases where the chart moves from 5 minutes before market opening and 10 minutes after market close outside the trading hours. Even when the chart moves you cannot place orders/close positions. So please be noted.

Trading hours and features of market of each countries with XM

XM enables 24 hours a day and 5 days a week trading except Saturday and Sunday, therefore you can access FX market throughout the day.

Flow of trading hours of each country

There is no specific exchange in FX unlike stock market and markets are named as 'XX market' after the major cities where the trading is most actively performed at the time of trading hours. 24 hours trading are available through opening of market of each country one by one. So market of each country has its own actively traded descriptions/hours.

Flow of trading hours of each country

Flow of trading hours of each country

Feature of Oceanian hours

Oceanian hours start at around 22:00 GMT+2 (GMT+3 in summer time) when Wellington market in New Zealand or Sydney market in Australia opens. There are least numbers of market participants with little market movements among all trading hours. As the result market tend to move suddenly due to thin market, therefore it is called 'Devil hours.'

Especially Oceanian hours is the starting time for FX market, therefore when a big news comes into the market, there may be a big gap on Monday opening compared with the closing rate of the previous week. Loss cut or stop loss orders are also not executed on weekends due to outside of trading hours. So please make sure you pay enough attention.

Feature of Tokyo hours

Tokyo hours start at around 01:00 GMT+2 (GMT+3 in summer time) when the markets such as Tokyo, Hong Kong or Singapore open. Currency pairs related to China or Oceanian region are apt to move actively, on the other hand European and American region related currency pairs are apt to move moderately.

Fixing rates (Base rates presented by each financial institution for the day)' are fixed at 02:55 GMT+2 (GMT+3 in summer time) in Tokyo hours. As trades become active around the fixing time, short term trades are also popular aiming for the chances of fixing. Also on 'Gotou-bi' which is either 5 or 0 (zero) at the ones place digit on the date when Japanese companies tend to make settlement USDJPY rates move actively for the payment to overseas. After the fixing, around 03:00 (GMT+2), rate movements are apt to become moderate until European hours.

Feature of European (London) hours

European (London) hours start at around 08:00 GMT+2 (GMT+3 in summer time) and London market which brags its highest volume in the world opens at around 10:00 GMT+2 (GMT+3 in summer time). More market participants join in the market than in Tokyo hours and rate movements become active. So the market is apt be volatile.

Especially European region related currency pairs such as EURO or Sterling Pounds move sharply, there may be the cases where market moves in the other directions than in Tokyo hours. At around 12:00 GMT+2 (GMT+3 in summer time) market becomes relatively calm, however after 15:00 GMT+2 (GMT+3 in summer time) the market movement will become most active during the day as the hours overlap NY hours.

Feature of NY hours

NY hours start at around 15:00 GMT+2 (GMT+3 in summer time) when NY market opens and dollars will be traded actively which has major impact on other currencies. The number of market participants will peak and the market will become most hectic during the day until London market closes. US major economic indicators are released during NY hours, and market moves sharply at the time of 'US employment figures' released.

London fixings' which is comparable to Tokyo fixing are released at 18:00 GMT+2 (GMT+3 in summer time) and EUR/GBP tends to move sharply especially towards month end. From around 02:00 the markets become relatively calm, however there may be the cases where market moves greatly due to the release of FOMC rate decision or statement of important person during the night.

Trading hours to watch out

There are less market participants and market movements become moderate between 21:00 and 01:00 GMT+2 (GMT+3 in summer time) when Oceanian hours and NY market final hours overlap. Most notably 00:00 to 01:00 GMT+2 (GMT+3 in summer time) is the hour when all 3 big markets of Tokyo, London and NY are closed and there are least numbers of market participants among all trading hours, as the result the spread tends to become wider compared with other trading hours. Apart from that, regardless of trading hours of each country market, there may be the cases where market moves sharply all of a sudden when important economic indicators are released. So please be noted for trade.

  1. XM does not prohibit trades on economic indicator release, however high leverage trades aiming at loss cut are prohibited in order to avoid abusing Negative Balance Protection. If it becomes known that anyone conducts a wrongful act, penalties such as account freeze might occur. So please make sure that you do not conduct high leverage trades on economic indicator release.

FAQ(Frequently Asked Questions)

  1. What about trading hours of Christmas or year-end and new year holidays with XM?

    Markets are closed on Christmas or year-end and new year holidays. There may also be the cases where trading hours of some descriptions change or close due to festal days of each country. You will be notified of the change or close of trading hours through official site of XM or through the mail from XM. Please make sure to check it.

    Read more

    2022.04.11

    1. Trading
  2. Tell me about XM's MT4/MT5 server time.

    Server time of XM's MetaTrader 4 (MT4)/Metatrader 5 (MT5) shows Cyprus standard time. Cyprus is on GMT+2 (GMT+3 in summer time). You can convert server time into your local time where you resides by calculating the time difference between Cyprus and your country.

    Read more

    2022.04.11

    1. Trading
  3. When are tradable hours of XM CFDs?

    Trading hours may differ depending on the descriptions such as CFDs of precious meals, commodities, stock indices, energies have different trading hours of its own. Trading hours can be checked after clicking currency pair you wish to check from indicative 'prices window' of MT4/MT5 and choose 'Specification.'

    Read more

    2022.04.11

    1. Trading
  4. Can I trade on weekends with XM?

    No, tradable hours with XM are from Monday 00:05 to Friday 23:50 (GMT+2) and you cannot trade outside of trading hours. However you can carry over the position you already have over the weekends.

    Read more

    2022.04.11

    1. Trading
  5. When are tradable hours of XM FX currency pairs?

    Trading hours of XM FX currency pairs are from Monday 00:05 to Friday 23:50 (GMT+2). Cryptocurrency CFDs are tradable 24 hours a day, every day, including weekends. For your information, XM deploys US summer time.

    Read more

    2022.04.11

    1. Trading