Please note: these times are subject to change during daylight saving time and certain public holidays.
Ensure that you maintain sufficient margin in your OANDA Trade account at all times to avoid a margin closeout. To reduce the risk of a margin closeout, you could reduce or close your overall positions or add more funds to your OANDA Trade account. To prevent unwanted order execution, consider widening your take-profits, stop-losses or trailing-stops prior to the market close.
Existing and new positions
You cannot close existing positions or open new positions when the markets are closed. You can, however, place or modify entry, stop-loss, take-profit and trailing stop orders.
Market prices
Market prices may significantly change or “gap” when the market resumes trading. This change could trigger orders, which would be executed at the prevailing market rate. For example, if a price moves against you, a stop-loss order may be triggered at a different price to the price specified on your order. This could result in additional losses.
Note: All forex instruments will be closed from 16:59-17:05 (New York time) each day the market is open.
| Instrument | Timezone | 1 Standard lot equivalent (units) | Trading hours (local exchange time) |
|---|---|---|---|
| All FX products (except TRY Pairs) | New York | 100,000 | Sun-Fri: 17:05 - 16:59* |
| TRY Pairs | Central Europe | 100,000 | Mon-Fri: 08:00 - 17:00 |
* Forex instruments open on Sunday at 17:05 and close for the week on Friday 16:59 (New York time). There will be a six minute break between 16:59 - 17:05
Note: There is an additional 6 minute break for NZD pairs starting at 06:59 Auckland time
Central European Time will most often be 6 hours ahead of Eastern Time, however this will vary with Daylight Savings Time.
Trading hours may be impacted by Paxos’ availability. Please see here for Paxos hours.
| Instrument | Timezone | Lot sizes | Trading Hours |
|---|---|---|---|
| All Cryptocurrencies | N/A | 1 | 24/7 * |
* Cryptocurrency trading hours may be impacted by regular scheduled maintenance. Users will be notified via email when maintenance will occur.
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
With over 25 years of experience, OANDA offers leading tools, powerful platforms and transparent pricing.
3 ways to trade, plus MetaTrader 4 and TradingView
Our range of platforms include OANDA Trade web, mobile and tablet, as well as TradingView and MetaTrader 4.
Trade forex with OANDA
We are a globally-recognized broker with over 25 years' experience in foreign exchange trading.
Apply for an OANDA trading account
Open a live or practice trading account in three easy steps: apply, verify your documents and fund.