Monday to Friday: IC Markets trading hours are from Monday to Friday, with specific hours varying by market. Server Time: The server time for IC Markets is GMT+2 (Eastern European Time), with adjustments for daylight saving time. Forex Market Hours: The Forex market is open 24 hours a day, from 12:00 AM to 11:59 PM server time. Index and Commodity Hours: Index and commodity markets have specific trading hours, ranging from 1:00 AM to 10:00 PM server time. Cryptocurrency Hours: Cryptocurrency markets are open 24 hours a day, 7 days a week, including weekends and holidays. Weekend and Holiday Hours: IC Markets observes major holidays and may have reduced trading hours or be closed on weekends. Daylight Saving Time: IC Markets adjusts its server time to accommodate daylight saving time, ensuring consistency across markets. Pre-Market and After-Hours Trading: Some markets may offer pre-market and after-hours trading, subject to specific conditions and requirements. Market Open and Close Times: IC Markets provides a market hours schedule, outlining the opening and closing times for each market. Trading Hour Adjustments: IC Markets reserves the right to adjust trading hours due to unforeseen circumstances, such as market volatility or technical issues.
Mastering IC Markets Trading Hours: A Personal and Practical Guide
As a trader, I’ve learned that understanding IC Markets trading hours is crucial for maximizing profits and minimizing losses. In this article, I’ll share my personal experience and practical insights on how to navigate IC Markets trading hours to improve your trading performance.
Why Trading Hours Matter
Before we dive into IC Markets trading hours, let’s discuss why trading hours matter in the first place. Trading hours affect the liquidity, volatility, and overall market conditions, which directly impact your trades. If you’re not aware of the trading hours, you may end up trading during unfavorable conditions, leading to losses.
IC Markets Trading Hours: An Overview
IC Markets offers trading 24 hours a day, five days a week, with the following trading hours:
Market
Trading Hours
Forex
Monday 00:00 – Friday 23:59 (Server Time)
Indices
Monday 00:00 – Friday 23:59 (Server Time)
Commodities
Monday 00:00 – Friday 23:59 (Server Time)
Cryptocurrencies
Monday 00:00 – Friday 23:59 (Server Time)
Note that IC Markets follows the GMT+2 time zone, which is two hours ahead of GMT (Greenwich Mean Time).
Server Time vs. Local Time: What’s the Difference?
As a trader, it’s essential to understand the difference between server time and local time. Server time refers to the time zone of the trading server, which is GMT+2 in IC Markets’ case. Local time, on the other hand, is your personal time zone.
To avoid confusion, make sure to set your trading platform to server time. You can do this by adjusting your platform’s settings or using a clock converter tool.
How to Plan Your Trades Around IC Markets Trading Hours
Now that we’ve covered the basics, let’s discuss how to plan your trades around IC Markets trading hours.
1. Identify Your Trading Style
Before planning your trades, identify your trading style:
Are you a day trader, swing trader, or position trader?
What are your preferred trading hours?
Understanding your trading style will help you determine the best times to trade based on IC Markets’ trading hours.
2. Analyze Market Conditions
Analyze market conditions during different trading hours:
Liquidity: Which hours have the highest liquidity?
Volatility: When do markets experience high volatility?
News Events: Are there any significant news events that affect market conditions?
Hour
Liquidity
Volatility
News Events
00:00 – 02:00
Low
Low
Low
02:00 – 04:00
Medium
Medium
Medium
04:00 – 06:00
High
High
High
06:00 – 08:00
High
High
High
08:00 – 10:00
Medium
Medium
Medium
10:00 – 12:00
Low
Low
Low
3. Schedule Your Trades
Based on your trading style and market conditions, schedule your trades:
Set reminders for upcoming news events that may impact your trades.
Plan your trades during hours with favorable market conditions.
Avoid trading during unfavorable hours, such as low liquidity or high volatility periods.
Frequently Asked Questions:
Trading Hours FAQ
When does the market open and close?
The forex market is open 24 hours a day, 5 days a week. IC Markets trading hours for forex and other markets are as follows:
Forex: Monday 00:00:00 GMT+2 to Friday 23:59:59 GMT+2
Indices: Varies by market, but generally Monday 01:00 GMT+2 to Friday 23:00 GMT+2
Commodities: Varies by market, but generally Monday 01:00 GMT+2 to Friday 23:00 GMT+2
Cryptocurrencies: 24/7, except for scheduled maintenance
What about daylight saving time (DST)?
IC Markets follows the DST schedule for the respective markets. During DST, our trading hours will be adjusted to reflect the changes in the underlying market hours.
What are the holiday hours?
IC Markets observes major holidays and may adjust trading hours or close certain markets during these times. You can check our Holiday Hours page for the most up-to-date information.
Can I trade during weekends and holidays?
No, IC Markets trading hours for most markets are Monday to Friday. However, some markets like cryptocurrencies are available 24/7, except for scheduled maintenance.
How do I know when a market is open or closed?
You can check the IC Markets Market Hours page for the most up-to-date information on market hours. Additionally, our trading platform and mobile app will display market hours and status in real-time.
What if I have an open position during market closure?
If you have an open position during market closure, IC Markets will automatically roll over your position to the next trading day. Please note that rollover fees may apply.
If you have any further questions or concerns about IC Markets trading hours, please don’t hesitate to Contact Us.
