TRADING HOUR
There are always markets available for you to trade on WisunoFX. More trading time, more profit opportunities!
MORE TRADING TIME, MORE PROFIT OPPORTUNITIES
At WisunoFX , there is always a market for you to trade. The Forex market is open throughout the day, and after one Forex market closes, the other will start again, never stopping its pace, and more trading time means more opportunities. Investors around the world can trade 24 hours a day. For day traders, the most efficient time to trade is between the start of the London market at 08:00 GMT and the end of the US market at 22:00 GMT. Peak trading hours are overlapping trading hours of 1 pm GMT-4 pm GMT for the US and London markets. Several major trading markets throughout the day are London, the United States and Asian markets.
London Peak Trading Hours
From 8am to 5pm GMT, EUR, GBP and USD are the most frequently traded currencies.
US Peak Trading Hours
From 1pm to 10pm GMT, the most frequently traded currencies are USD, EUR, GBP, AUD, and JPY.
Asian Peak Trading Hours
GMT Sunday at 10pm to start trading in Europe, around 9am, which is not very suitable for day trading.
| FOREX | TRADING HOURS (MT4 HOURS) | QUOTATION TIME (MT4 HOURS) |
| Currency Pairs | Monday to Friday00:05-23:55 | Monday to Friday00:00-24:00 |
| COMMODITIES | TRADING HOURS (MT4 HOURS) | QUOTATION TIME (MT4 HOURS) |
| XAUUSD | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
| XAGUSD | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
| XBRUSD | Monday to Friday03:05-23:55 | Monday to Friday03:00-24:00 |
| XTIUSD | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
| XNGUSD | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
| INDICES | TRADING HOURS (MT4 HOURS) | QUOTATION TIME (MT4 HOURS) |
| AUS200 | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
| DE30 | Monday to Friday01:05-23:55/23:30-23:55 | Monday to Friday01:00-23:15/23:30-24:00 |
| ES35 | Monday to Friday09:05-20:55 | Monday to Friday09:00-21:00 |
| F40 | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
| HK50 | Monday to Friday01:05-7:00/08:00-11:30/12:15-24:00 | Monday to Friday01:05-7:00/08:00-11:30/12:15-24:00 |
| JP225 | Monday to Friday01:05-23:55/23:30-23:55 | Monday to Friday01:00-23:15/23:30-24:00 |
| ST0XX50 | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
| UK100 | Monday to Friday01:05-23:55/23:30-23:55 | Monday to Friday01:00-23:15/23:30-24:00 |
| US30 | Monday to Friday01:05-23:55/23:30-23:55 | Monday to Friday01:00-23:15/23:30-24:00 |
| US500 | Monday to Friday01:05-23:55/23:30-23:55 | Monday to Friday01:00-23:15/23:30-24:00 |
| USTEC | Monday to Friday01:05-23:55/23:30-23:55 | Monday to Friday01:00-23:15/23:30-24:00 |
| ChinaA50 | Monday to Friday01:05-23:55 | Monday to Friday01:00-24:00 |
Things to know
* Transaction time may change, please refer to the information displayed on your account in the MT4 electronic trading system (you can open the product "Attributes" in the MT4 trading terminal to view the transaction time).
* When the trading hours change due to holidays, the WisunoFX official will issue a change notice in the form of an announcement, please pay attention.
FREQUENTLY ASKED QUESTIONS
Trading hours refer to the specific times during which financial markets and trading instruments are available for trading. These hours can vary depending on the instrument and market.
The forex market operates 24 hours a day, five days a week. The trading hours typically start at 00:00 GMT on Monday and end at 23:59 GMT on Friday. Specific trading hours may vary slightly based on daylight saving time and other factors.
Trading hours for commodities and indices depend on the specific instrument and exchange:
Commodities: Trading hours vary by commodity and may be affected by the exchange’s schedule.
Indices: Trading hours are typically aligned with the stock exchanges where the indices are listed.
Check the WisunoFx website or trading platform for specific trading hours for each commodity or index.
Daylight saving time changes can impact trading hours by shifting the market open and close times by one hour. It is essential to adjust trading schedules accordingly during these periods.
Cryptocurrency markets are generally open 24/7, including weekends and holidays. However, trading volume and liquidity can vary at different times.
While many markets have specific trading hours, some instruments may be available for trading outside regular hours. Check WisunoFx’s trading platform for information on availability and trading hours for specific instruments.
Trading hours may be affected during holidays, and some markets may be closed or have reduced hours. Check WisunoFx’s holiday schedule and trading platform for information on trading availability during holiday periods.
Trading hours for specific instruments can be found:
On the WisunoFx Website: Check the trading hours section for details on different instruments.
On the Trading Platform: View trading hours directly on the platform.
Contact Support: Reach out to WisunoFx customer support for specific trading hours information.
Trading hours are often divided into different market sessions, including:
Asian Session: Typically from 00:00 GMT to 09:00 GMT.
European Session: Typically from 07:00 GMT to 16:00 GMT.
North American Session: Typically from 12:00 GMT to 21:00 GMT.
Each session has varying levels of liquidity and volatility, impacting trading conditions.
During low liquidity hours, such as outside major market sessions, trading conditions may include:
Wider Spreads: Spreads may be wider due to reduced trading volume.
Increased Slippage: Slippage may occur more frequently.
Lower Volume: Reduced trading volume can lead to less favorable trading conditions.
Market closures can affect your trades by:
Inactivity: No trading activity during market closures.
Order Execution: Orders may not be executed until the market reopens.
Price Gaps: There may be price gaps when the market reopens after a closure.
Account management services, such as deposits, withdrawals, and customer support, are generally available during regular business hours. Check WisunoFx’s customer support hours for specific details.
Yes, you can set alerts for trading hours and other market events directly on your trading platform to stay informed about key times and trading opportunities.
Adjust your trading strategy by:
Monitoring Market Sessions: Align your trading activities with active market sessions for better liquidity and volatility.
Avoiding Low Liquidity Times: Be cautious of trading during low liquidity hours to minimize potential risks.
If you encounter issues with trading hours:
1. Check Platform Status: Ensure there are no technical issues with the trading platform.
2. Review Trading Hours: Verify that you are aware of the correct trading hours for your instruments.
3. Contact Support: Reach out to WisunoFx customer support for assistance with any issues related to trading hours.
Global events can impact trading hours by:
Market Volatility: Events can lead to increased volatility, affecting trading conditions.
Market Closures: Some events may lead to temporary market closures or changes in trading hours.
Stay informed about global events and their potential impact on trading hours.
Trading hours are generally consistent across different account types. However, certain account types may have specific features or conditions related to trading hours. Check WisunoFx’s account details for any specific differences.
Pre-market and after-hours trading may be available for specific instruments, particularly equities. Check WisunoFx’s platform and trading details for availability and conditions of pre-market and after-hours trading.
Regularly check trading hours for updates:
Weekly: For changes related to market sessions and daylight saving time.
During Holidays: For information on holiday trading schedules.
For the most accurate trading hours information:
WisunoFx Website: Check the trading hours section for details.
Trading Platform: Access real-time trading hours information.
Customer Support: Contact WisunoFx support for specific queries and updates.
SWAP RATES
Foreign exchange overnight interest refers to the overnight interest that needs to be paid or charged for holding the position overnight…
WHAT IS FOREIGN EXCHANGE OVERNIGHT INTEREST?
Foreign exchange overnight interest refers to the overnight interest that needs to be paid or charged for holding the position overnight. In the case of foreign exchange, the amount depends on the long or short position, plus the difference in interest rates between the currency pairs. Overnight interest is based on an overnight interest contract. For traders, it can be a cost or a gain. WisunoFX does not actually physically close and re-open positions, but adds overnight interest to the trading account based on the current interest rate.
Full transparency of overnight interest
At the prevailing interest rate
Under what circumstances does overnight interest accrue?
Overnight interest will not accrue until the second FX trading day. Overnight interest is calculated in points and MT4 automatically converts it to the base currency of your account.
What are the charges for overnight interest?
Each currency pair has its own overnight interest rate based on the standard size of 1 lot. Some currency pairs may have a negative value regardless of whether they are long or short.
How do I view interest rates on the MT4 platform?
Select View, right-click Market Watch, and then select Symbol, select the currency pair you want to view, and then select Properties.
Wednesdays are calculated at 3x
Overnight interest is not charged on Saturdays and Sundays due to market closures, but banks still calculate interest on weekend positions. To adjust for this time difference, FX, Gold and Silver will charge 3 days of overnight interest every Wednesday.
FREQUENTLY ASKED QUESTIONS
A swap is an interest fee or credit applied to a trading position held overnight. It represents the difference between the interest rates of the two currencies involved in a forex trade or the financing cost of other financial instruments.
The swap is calculated based on:
Interest Rate Differential: The difference between the interest rates of the currencies in a forex trade or the financing cost of other instruments.
Position Size: The size of the position held overnight.
Duration: The number of days the position is held.
The swap can be either a credit (positive) or a charge (negative) depending on the interest rate differential.
Swaps are typically applied daily to positions held overnight. The fee or credit is usually calculated and adjusted at the end of each trading day.
Swap rates for different instruments can be found:
On the WisunoFx Website: Check the "Pricing" section or the specific instrument details for swap information.
Trading Platform: View the swap rates directly on your trading platform for real-time information.
Contact Support: Reach out to WisunoFx customer support for details on swap rates for specific instruments.
Swap rates can vary depending on the account type and trading conditions. Different accounts may have different swap rates or conditions. Check WisunoFx’s account details or contact support for specific information on swap rates for your account type.
Factors influencing swap rates include:
Interest Rate Differential: The difference between the interest rates of the currencies in a forex trade or financing costs for other instruments.
Market Conditions: Changes in market conditions and liquidity can affect swap rates.
Broker Policies: WisunoFx’s policies and adjustments can impact swap rates.
To minimize swap costs:
Close Positions Before End of Day: Avoid holding positions overnight if you want to avoid swap fees.
Use Swap-Free Accounts: Consider using swap-free accounts if you do not want to pay or receive swap fees.
Monitor Swap Rates: Be aware of swap rates and adjust your trading strategy accordingly.
A swap-free account, also known as an Islamic account, is designed for traders who cannot receive or pay swaps due to religious reasons. These accounts do not have swap charges or credits and may have alternative fee structures.
Swap-free accounts work by:
Eliminating Swap Fees: No swap charges or credits are applied to positions held overnight.
Alternative Fees: Instead of swap fees, these accounts may have other fees or commissions.
Check with WisunoFx for details on swap-free account options and alternative fee structures.
Yes, swap rates can be negative. This occurs when the interest rate differential is such that you have to pay interest on the position held overnight. It can also happen in cases of unfavorable financing costs for certain instruments.
Swap rates are updated based on:
Market Changes: Adjustments in interest rates and market conditions.
Broker Policies: Periodic updates from WisunoFx to reflect current conditions.
Rates may be updated daily or as needed. Check the WisunoFx website or trading platform for the latest swap rates.
In addition to the swap fee or credit, there may be other costs associated with trading, such as:
Commission Fees: Some accounts or instruments may have commission fees.
Overnight Financing Costs: Additional costs may apply based on the instrument and trading conditions.
Refer to WisunoFx’s fee schedule for a comprehensive overview of all potential charges.
Historical swap rates can typically be accessed through:
Trading Platform: Review historical swap information on your trading platform.
WisunoFx Reports: Check for historical swap reports or documentation provided by WisunoFx.
Contact Support: Request historical swap data from WisunoFx customer support.
Swap rates can significantly impact long-term trading strategies:
Cost Management: High swap costs can reduce profitability for long-term positions.
Strategy Adjustment: Consider swap costs when planning long-term trades and adjust strategies to manage these costs effectively.
Yes, swap rates can vary widely between different trading instruments based on:
Interest Rate Differentials: Different instruments have different financing costs or interest rates.
Market Conditions: Swap rates are influenced by the specific market conditions of each instrument.
Check WisunoFx’s website or trading platform for instrument-specific swap rates.
If you have questions about swap rates:
1. Review Information: Check the WisunoFx website or trading platform for details.
2. Contact Support: Reach out to WisunoFx customer support for specific queries or clarifications.
Swap rates are commonly applied to:
Forex Pairs: Interest rate differentials between currencies.
Commodities and Indices: Financing costs for holding positions overnight.
Check WisunoFx’s specific instruments for swap rate applicability.
Holding a position overnight results in the application of swap costs, which can be either a credit or a charge, depending on the interest rate differential and the type of position. This can affect the overall cost and profitability of your trade.
Swap rates are typically calculated and applied at the end of each trading day. They may not change during the day but are updated daily based on market conditions and interest rate changes.
The impact of swap rates varies with different trading styles:
Day Trading: Minimal impact as positions are closed before the end of the day.
Swing Trading: Moderate impact as positions are held for several days.
Long-Term Trading: Significant impact due to prolonged exposure to swap costs or credits.
Trading Hours
There are always markets available for you to trade on WisunoFX. More trading time, more profit opportunities!
MORE TRADING TIME, MORE PROFIT OPPORTUNITIES
At WisunoFX, there is always a market for you to trade. The Forex market is open throughout the day, and after one Forex market closes, the other will start again, never stopping its pace, and more trading time means more opportunities. Investors around the world can trade 24 hours a day. For day traders, the most efficient time to trade is between the start of the London market at 08:00 GMT and the end of the US market at 22:00 GMT. Peak trading hours are overlapping trading hours of 1 pm GMT-4 pm GMT for the US and London markets. Several major trading markets throughout the day are London, the United States and Asian markets.
London Peak Trading Hours
From 8am to 5pm GMT, EUR, GBP and USD are the most frequently traded currencies.
US Peak Trading Hours
From 1pm to 10pm GMT, the most frequently traded currencies are USD, EUR, GBP, AUD, and JPY.
Asian Peak Trading Hours
GMT Sunday at 10pm to start trading in Europe, around 9am, which is not very suitable for day trading.
| FOREX | TRADING HOURS (MT4 HOURS) |
| Currency Pairs | Monday to Friday00:05-23:55 |
| COMMODITIES | TRADING HOURS (MT4 HOURS) |
| XAUUSD | Monday to Friday01:05-23:55 |
| XAGUSD | Monday to Friday01:05-23:55 |
| XBRUSD | Monday to Friday03:05-23:55 |
| XTIUSD | Monday to Friday01:05-23:55 |
| XNGUSD | Monday to Friday01:05-23:55 |
| INDICES | TRADING HOURS (MT4 HOURS) |
| AUS200 | Monday to Friday01:05-23:55 |
| DE30 | Monday to Friday01:05-23:55/23:30-23:55 |
| ES35 | Monday to Friday09:05-20:55 |
| F40 | Monday to Friday01:05-23:55 |
| HK50 | Monday to Friday01:05-7:00/08:00-11:30/12:15-24:00 |
| JP225 | Monday to Friday01:05-23:55/23:30-23:55 |
| ST0XX50 | Monday to Friday01:05-23:55 |
| UK100 | Monday to Friday01:05-23:55/23:30-23:55 |
| US30 | Monday to Friday01:05-23:55/23:30-23:55 |
| US500 | Monday to Friday01:05-23:55/23:30-23:55 |
| USTEC | Monday to Friday01:05-23:55/23:30-23:55 |
| ChinaA50 | Monday to Friday01:05-23:55 |
Things to know
*Transaction time may change, please refer to the information displayed on your account in the MT4 electronic trading system (you can open the product "Attributes" in the MT4 trading terminal to view the transaction time). *When the trading hours change due to holidays, the WisunoFX official will issue a change notice in the form of an announcement, please pay attention.
FREQUENTLY ASKED QUESTIONS
Trading hours refer to the specific times during which financial markets and trading instruments are available for trading. These hours can vary depending on the instrument and market.
Swap Rates
Foreign exchange overnight interest refers to the overnight interest that needs to be paid or charged for holding the position overnight…
WHAT IS FOREIGN EXCHANGE OVERNIGHT INTEREST?
Foreign exchange overnight interest refers to the overnight interest that needs to be paid or charged for holding the position overnight. In the case of foreign exchange, the amount depends on the long or short position, plus the difference in interest rates between the currency pairs. Overnight interest is based on an overnight interest contract. For traders, it can be a cost or a gain. WisunoFX does not actually physically close and re-open positions, but adds overnight interest to the trading account based on the current interest rate.
Full transparency of overnight interest
At the prevailing interest rate
Under what circumstances does overnight interest accrue?
Overnight interest will not accrue until the second FX trading day. Overnight interest is calculated in points and MT4 automatically converts it to the base currency of your account.
What are the charges for overnight interest?
Each currency pair has its own overnight interest rate based on the standard size of 1 lot.
Some currency pairs may have a negative value regardless of whether they are long or short.
How do I view interest rates on the MT4 platform?
Select View, right-click Market Watch, and then select Symbol, select the currency pair you want to view, and then select Properties.
Wednesdays are calculated at 3x
Overnight interest is not charged on Saturdays and Sundays due to market closures, but banks still calculate interest on weekend positions. To adjust for this time difference, FX, Gold and Silver will charge 3 days of overnight interest every Wednesday.
FREQUENTLY ASKED QUESTIONS
A swap is an interest fee or credit applied to a trading position held overnight. It represents the difference between the interest rates of the two currencies involved in a forex trade or the financing cost of other financial instruments.
The swap is calculated based on:
Interest Rate Differential: The difference between the interest rates of the currencies in a forex trade or the financing cost of other instruments.
Position Size: The size of the position held overnight.
Duration: The number of days the position is held.
The swap can be either a credit (positive) or a charge (negative) depending on the interest rate differential.
Swaps are typically applied daily to positions held overnight. The fee or credit is usually calculated and adjusted at the end of each trading day.
Swap rates for different instruments can be found:
On the WisunoFx Website: Check the "Pricing" section or the specific instrument details for swap information.
Trading Platform: View the swap rates directly on your trading platform for real-time information.
Contact Support: Reach out to WisunoFx customer support for details on swap rates for specific instruments.
Swap rates can vary depending on the account type and trading conditions. Different accounts may have different swap rates or conditions. Check WisunoFx’s account details or contact support for specific information on swap rates for your account type.
Factors influencing swap rates include:
Interest Rate Differential: The difference between the interest rates of the currencies in a forex trade or financing costs for other instruments.
Market Conditions: Changes in market conditions and liquidity can affect swap rates.
Broker Policies: WisunoFx’s policies and adjustments can impact swap rates.
To minimize swap costs:
Close Positions Before End of Day: Avoid holding positions overnight if you want to avoid swap fees.
Use Swap-Free Accounts: Consider using swap-free accounts if you do not want to pay or receive swap fees.
Monitor Swap Rates: Be aware of swap rates and adjust your trading strategy accordingly.
A swap-free account, also known as an Islamic account, is designed for traders who cannot receive or pay swaps due to religious reasons. These accounts do not have swap charges or credits and may have alternative fee structures.
Swap-free accounts work by:
Eliminating Swap Fees: No swap charges or credits are applied to positions held overnight.
Alternative Fees: Instead of swap fees, these accounts may have other fees or commissions.
Check with WisunoFx for details on swap-free account options and alternative fee structures.
Yes, swap rates can be negative. This occurs when the interest rate differential is such that you have to pay interest on the position held overnight. It can also happen in cases of unfavorable financing costs for certain instruments.
Swap rates are updated based on:
Market Changes: Adjustments in interest rates and market conditions.
Broker Policies: Periodic updates from WisunoFx to reflect current conditions.
Rates may be updated daily or as needed. Check the WisunoFx website or trading platform for the latest swap rates.
In addition to the swap fee or credit, there may be other costs associated with trading, such as:
Commission Fees: Some accounts or instruments may have commission fees.
Overnight Financing Costs: Additional costs may apply based on the instrument and trading conditions.
Refer to WisunoFx’s fee schedule for a comprehensive overview of all potential charges.
Historical swap rates can typically be accessed through:
Trading Platform: Review historical swap information on your trading platform.
WisunoFx Reports: Check for historical swap reports or documentation provided by WisunoFx.
Contact Support: Request historical swap data from WisunoFx customer support.
Swap rates can significantly impact long-term trading strategies:
Cost Management: High swap costs can reduce profitability for long-term positions.
Strategy Adjustment: Consider swap costs when planning long-term trades and adjust strategies to manage these costs effectively.
Yes, swap rates can vary widely between different trading instruments based on:
Interest Rate Differentials: Different instruments have different financing costs or interest rates.
Market Conditions: Swap rates are influenced by the specific market conditions of each instrument.
Check WisunoFx’s website or trading platform for instrument-specific swap rates.
If you have questions about swap rates:
1. Review Information: Check the WisunoFx website or trading platform for details.
2. Contact Support: Reach out to WisunoFx customer support for specific queries or clarifications.
Swap rates are commonly applied to:
Forex Pairs: Interest rate differentials between currencies.
Commodities and Indices: Financing costs for holding positions overnight.
Check WisunoFx’s specific instruments for swap rate applicability.
Holding a position overnight results in the application of swap costs, which can be either a credit or a charge, depending on the interest rate differential and the type of position. This can affect the overall cost and profitability of your trade.
Swap rates are typically calculated and applied at the end of each trading day. They may not change during the day but are updated daily based on market conditions and interest rate changes.
The impact of swap rates varies with different trading styles:
Day Trading: Minimal impact as positions are closed before the end of the day.
Swing Trading: Moderate impact as positions are held for several days.
Long-Term Trading: Significant impact due to prolonged exposure to swap costs or credits.
