In 24-hour period, there are many markets worldwide open for trading Binary Options and each of them opens different time frames. For instance, Australian markets are closed during normal trading hours in the American markets. This means, the American markets are unable to react instantly to probable market-changing events in Australia until the Australian reopens, and vice versa.
Due to markets and assets that traders select online, there will be distinctive overlap hours as well as peak hours for optimal chances to win profits. Individual trader has full right to decide when being the optimal time to execute a Binary Options Trade. Everything is up to them.
In order to aid you in deciding the best time to trade, we offer an overview of different tradable markets hours as of below.
Global Foreign Exchange Trading Hours (GMT)
When To Trade Binary Options?
Binary Options trading can be done any time of the day, but notice that different markets offer different trading sessions. Marketing opening and overlapping hours are the two most significant factors when evaluating potential effects of new events, which you should add notices into Binary Options strategy.
There are four major foreign exchange markets, including New York, London, Tokyo, and Sydney. The opening and closing times of these markets are presented below:
- New York opens at 12:00 and closes at 21:00 (GMT).
- London opens at 07:00 and closes at 16:00 (GMT).
- Tokyo opens at 00:00 and closes at 09:00 (GMT).
- Sydney opens at 21:00 and closes at 6:00 (GMT).
- The overlap hours for these markets are shown below.
New York and London: overlap for 4 hours – from 12:00 to 16:00 (GMT)
London and Tokyo: overlap for 2 hours – from 07:00 to 09:00 (GMT)
Sydney and Tokyo: overlap for 6 hours – from 00:00 to 06:00 (GMT)
The overlapping trading hours indicate the optimal opportunities for trading Binary Options because the markets are most active during those hours. Due to a large volume being traded during these times, it’s possible to obtain greatest profits from market volatility. The best chances for price swings and higher gains when trading Binary Options are during the hours of peak market activity.