Trading

Hours of operation

Our hours of operation coincide with the major global financial markets. Trading is available from Sunday 5 p.m. to Friday 5 p.m. (EDT).

You cannot close existing positions or open new positions when 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 at 4 p.m. (EDT), Friday, to reflect decreased liquidity in the global markets. These widened spreads could trigger stop-loss orders or margin closeouts when a position is opened at this time.

Market prices may significantly change or “gap” when trading resumes on Sunday. This change could trigger entry orders, which will be executed at the current market rate. For example, if the market rate moves against you, a stop-loss order may be closed at a rate that is different from your stop-loss rate. 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 weekend.