CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of Pepperstone Limited’s retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Risk Warning.

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Trading Hours

Posted on: 21 April 2015 , by: Pepperstone Support , category: About Trading

Most FX pair trading hours are 24 hours per day during the week, with a two minute break from 23:59 server time until 00:01 server time; on Friday trading ceases five minutes early at 23:55 server time, rather than 23:59, to prevent wide spreads as liquidity providers go offline at the end of the week. Trading hours are subject to change due to seasonal and market factors.

Server time is set to GMT + 3 while US daylight savings is in place, and GMT+2 when the US is not under daylight savings; this allows for the daily candle to close at the end of trading in New York each day. The New York close is widely considered the end of the trading day.

There are some exceptions to the usual rules for a few currencies and other assets which are outlined below:

MetalsTrading Hours (server time)
XBR/USD03:00 – 23:59
XNG/USD01:00 – 23:59
XTI/USD01:00 – 23:59
XPT/USD01:00 – 23:59
XPD/USD01:00 – 23:59
XAU/USD01:00 – 23:59
XAG/USD01:00 – 23:59
XAU/EUR01:00 – 23:59
XAG/EUR01:00 – 23:59


CurrenciesTrading Hours (server time)
USD/RUB11:15 – 23:30
USD/CZK08:00 – 23:59
EUR/CZK08:00 – 23:59


IndicesTrading Hours (server time)
AUS20000:50 - 22:00 
(Friday Close 23:55, Monday Open 01:00)
UK10001:00 - 23:59 (Friday Close 23:55)
US50001:00-23:15, 23:30-23:59 (Friday Close 23:55)
NAS10001:00-23:15, 23:30-23:59 (Friday Close 23:55)
US3001:00-23:15, 23:30-23:59 (Friday Close 23:55)
HK5004:15-07:00, 08:00-11:15, 12:00-18:45
US200000:05-01:00, 03:00-23:59
(Friday Close 23:55, Monday Open 03:00)


CommoditiesTrading Hours (server time)
Orange Juice15:00-21:00