The forex market is open nearly 24 hours a day, five days a week, and closes for the weekend at approximately 5:00 p.m. New York time on Friday. It typically reopens at approximately 5:00 p.m. New York time on Sunday.

For Sunday, September 20, 2026, the standard New York time for reopening is around 5:00 p.m. EDT. Your broker's schedule may differ by a few minutes, currency pair or trading platform.

Forex Market Closing Times

Event Typical time in New York
Daily rollover or trading break Around 5:00 p.m.
Weekly market close Friday, around 5:00 p.m.
Weekly market reopening Sunday, around 5:00 p.m.
Main trading week Sunday evening to Friday evening

Most brokers follow this broad schedule, but each broker can set its own trading hours. For example, OANDA lists forex trading from 5:05 p.m. Sunday to 4:59 p.m. Friday, with a six-minute break from 4:59 p.m. to 5:05 p.m. New York time.

Does Forex Close Every Day?

No. The global spot forex market does not fully close on weekdays.

Most brokers pause trading briefly around the 5:00 p.m. New York rollover. This break allows the broker to process daily rollover and other account operations. Spreads may widen, liquidity may fall, and some orders may be unavailable.

The length of the break varies by broker. Check your broker's trading-hours page before placing a trade near 5:00 p.m. New York time.

When Does Forex Close on Friday?

Forex typically closes at 5:00 p.m. New York time on Friday. After the weekly close, retail traders generally cannot open or close spot forex positions until trading resumes on Sunday evening.

Economic, political and geopolitical events can occur while the market is closed. When trading resumes, the first available price may differ from Friday's closing price. This difference is called a weekend gap.

When Does Forex Open Again?

Forex typically reopens at approximately 5:00 p.m. New York time on Sunday.

Some brokers begin accepting prices and orders a few minutes after 5:00 p.m. Others may reopen later for certain currency pairs. Broker schedules can also change around public holidays and daylight saving time changes.

Why Can the Forex Closing Time Differ?

Forex is an over-the-counter market, so there is no single central exchange that sets one schedule for every participant. Closing times can differ because:

  • Brokers can set slightly different trading schedules.
  • Some currency pairs have separate trading hours.
  • Daylight saving changes affect local-time conversions.
  • Public holidays can reduce liquidity or change trading hours.
  • Trading platforms may show server time instead of New York time.
  • Forex futures follow exchange hours rather than the retail spot forex schedule.

CME Group lists its FX futures schedule as Sunday to Friday, 5:00 p.m. to 4:00 p.m. Central Time, followed by a daily one-hour break. CME FX futures therefore do not follow exactly the same schedule as retail spot forex.

What Time Is the Forex Close in Other US Time Zones?

The usual Friday close converts approximately as follows:

US time zone Friday weekly close
Eastern Time 5:00 p.m.
Central Time 4:00 p.m.
Mountain Time 3:00 p.m.
Pacific Time 2:00 p.m.

Daylight saving rules and broker schedules can affect these conversions.

What Should Traders Avoid Near the Close?

Traders should be cautious when opening or adjusting positions shortly before the weekly close or daily rollover. Potential issues include:

  • Wider bid-ask spreads
  • Lower liquidity
  • Slower execution
  • Greater slippage
  • Weekend gaps
  • Limited ability to close or modify positions

Before placing a trade near 5:00 p.m. New York time, check your broker's trading hours. If you plan to hold a position over the weekend, understand how a gap could affect the trade before Friday's close.