Trading
Hours of operation
Our hours of operation coincide with the global financial markets. Trading is available from Sunday 5pm to Friday 5pm (New York time). Please note: these times are subject to change during daylight saving time and certain public holidays.
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.
Spreads (the difference between the bid price and ask price) typically widen before the markets close and could trigger orders and/or margin closeouts.
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: 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.
Forex
| Instrument name | Timezone of exchange | 1 standard lot equivalent (units) | Trading hours (local exchange time) |
|---|---|---|---|
| All FX products | New York | 100,000 | Sun-Fri: 17:03 - 16:58* |
*FX trading will be closed from 16:58 until to 17:03 (New York time) daily.
Note: There is an additional 5-minute break for NZD pairs starting at 06:58 Auckland time (12:58 New York time).
Cryptocurrencies
| Instrument name | Timezone of exchange | MT4 lot sizes | Trading hours (local exchange time) |
|---|---|---|---|
| All crypto products | N/A | N/A | 24/7* |
*The 24/7 trading is impacted by maintenance hours listed below.
| Date | Maintenance length in hours | Timezone | Time |
|---|---|---|---|
| 2022-06-17 | 4 | EDT | 17:00 - 21:00 |
| 2022-06-24 | 4 | EDT | 17:00 - 21:00 |
| 2022-07-01 | 4 | EDT | 17:00 - 21:00 |
| 2022-07-08 | 8 | EDT | 17:00 - 01:00 |
| 2022-07-15 | 4 | EDT | 17:00 - 21:00 |
| 2022-07-22 | 4 | EDT | 17:00 - 21:00 |
| 2022-07-29 | 4 | EDT | 17:00 - 21:00 |
| 2022-08-05 | 8 | EDT | 17:00 - 01:00 |
| 2022-08-12 | 4 | EDT | 17:00 - 21:00 |
| 2022-08-19 | 4 | EDT | 17:00 - 21:00 |
| 2022-08-26 | 4 | EDT | 17:00 - 21:00 |
| 2022-09-02 | 8 | EDT | 17:00 - 01:00 |
| 2022-09-09 | 4 | EDT | 17:00 - 21:00 |
| 2022-09-16 | 4 | EDT | 17:00 - 21:00 |
| 2022-09-23 | 4 | EDT | 17:00 - 21:00 |
| 2022-09-30 | 8 | EDT | 17:00 - 01:00 |
| 2022-10-07 | 4 | EDT | 17:00 - 21:00 |
| 2022-10-14 | 4 | EDT | 17:00 - 21:00 |
| 2022-10-21 | 4 | EDT | 17:00 - 21:00 |
| 2022-10-28 | 8 | EDT | 17:00 - 01:00 |
| 2022-11-04 | 4 | EDT | 17:00 - 21:00 |
| 2022-11-11 | 4 | EST | 17:00 - 21:00 |
| 2022-11-18 | 4 | EST | 17:00 - 21:00 |
| 2022-11-25 | 8 | EST | 17:00 - 01:00 |
| 2022-12-02 | 4 | EST | 17:00 - 21:00 |
| 2022-12-09 | 4 | EST | 17:00 - 21:00 |
| 2022-12-16 | 4 | EST | 17:00 - 21:00 |
| 2022-12-23 | 8 | EST | 17:00 - 01:00 |
| 2022-12-30 | 4 | EST | 17:00 - 21:00 |
| 2023-01-06 | 4 | EST | 17:00 - 21:00 |
| 2023-01-13 | 4 | EST | 17:00 - 21:00 |
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