Market Hours (UTC +1)

Many forex traders in Kenya lose money because they don't know the right time to enter the market to get low spreads and fast price movement.

There are specific times for trading various instruments so you can get best results.

Imagine you open a trade and the spread is very high, then the market refuses to move, so you are stuck for hours waiting for price to move just a small distance. Frustrating right? This is why you must understand forex session times in Kenya.

The 4 Forex Trading Sessions in Kenya

At What Time Does Sydney Session Start in Kenya?

The Sydney session is the time that major Australian banks are open for business. It starts from 2 am in the morning & ends at 7 am .

When these banks are open, forex brokers are able to extract exchange rate prices from them.

During the Sydney session, you will be able to get low spreads on FX pairs that contain the Australian Dollar, because several Australian banks will be open & streaming their exchange rates in a competitive bidding process.

The Sydney session is also referred to as the Asian session.

At What Time Does Tokyo Session Start in Kenya?

The Tokyo session is when major Japanese banks are open for business every day. It starts by 3 am in the morning and ends by 8 am.

When these banks are open, forex brokers are able to extract exchange rate prices from them.

During the Tokyo session, you will be able to get low spreads on FX pairs that contain the Japanese Yen, because several Japanese banks will be open & streaming their exchange rates in a competitive bidding process.

The Tokyo & Sydney sessions are jointly referred to as the Asian session.

At What Time Does London Session Start in Kenya?

The London session is the period when major London banks are open for business & London is the most important forex trading session accounting for 45% of all forex transactions OTC.

The London session starts by 10 am and ends by 7 pm in Kenya, but the most active times is the first 2 hours between 10am and 12 pm.

During the London session you get low spreads on forex pairs like EUR/USD, GBP/USD, etc.

Low spreads are possible during London because different London banks will be sending in their exchange rates so the brokers can choose the lowest.

At What Time Does New York Session Start in Kenya?

The New York session is the last session of the day and is when major banks in New York are open for business starting at 4pm till 1am in Kenyan time.

When these banks are open they stream exchange rates to brokers who then choose the lowest one for their traders.

During New York, you will get low spreads on currency pairs like EUR/USD and other indices like Nasdaq, SP500, US30, etc. because the stock exchanges in the U.S. will also be open.

Public Holidays That Affect Forex Market Hours in Kenya

Christmas & New Year holidays always affect the forex market, causing it to close as all trading activity will be halted.

However, holidays like Easter Good Friday, Easter Monday, Kenyan government declared public holidays, etc. do not affect the forex market as it will remain open.

Certain public holidays in the United States can cause the forex market to slow down but it will not close.

For example, when the United States is celebrating their independence day on 4th of July, or when they celebrate their memorial day; major U.S. banks will be closed causing the market to be slow for that day.

When is the best time to trade forex in Kenya today?

If you are trading major forex pairs like EUR/USD, the best time to trade is the Frankfurt session (9 am - 10 am) and the first hour of the London session (10 am- 11 am).

If you miss trading during the start of the London session do not worry; you can also trade major forex pairs & indices like nas100, during the overlap of the London & New York sessions between 4 pm - 7 pm.

Worst time to trade forex in Kenya

The Asian session (2 am to 8 am) is the worst time to trade forex if you are in Kenya because price movement is very slow. During Asia, you can spend one hour on the charts and price will only move a few pips, so its not worth the risk.

The Asian session is also very inconveniencing because it is when you should be sleeping, so you risk falling asleep on your trade and being too tired to trade the London session from 10 am.

Video Review of Forex Market Hours in Kenya

FAQs - Forex Session Times in Kenya

1. What is the most profitable time to trade forex?

The first one hour of the London session (10 am to 11 am) is the most profitable time to trade forex in Kenya.

2. What time does the London session start in Kenya?

The London session starts from 10 am Kenyan time.

3. What time zone is xauusd?

XAU/USD pair (aka Gold) is mostly traded during the New York forex session time in Kenya (4 pm to 1 am).

4. What time does forex market open on Sunday in Kenya?

12 am is the time when the forex market opens on Sunday in Kenya. This period is characterized by slow price movement and high spreads, so it is not advisable to trade it.

5. What is the best time to trade NAS 100 in Kenya?

NAS 100 or Nasdaq is a tech indices hosted on the New York Stock Exchange (NYSE), so the best time to trade it is the New York Session from 4 pm to 1 am Kenyan time.

During the New York session, NAS 100 prices change fast so you can make profit quicker than during other sessions. You also get tighter spreads during NY.

6. What is the best time to trade xauusd in Kenya?

The New York session between 4pm and 1 am is the best time to trade xauusd (gold) in Kenya.

This is because important economic news/data from the United States government is always released during the New York session. This news has the tendency to upset the US Dollar, and cause rapid xauusd price movement.