Market Hours (UTC +1)
When To Trade Forex in Kenya (by currency pairs)
Depending on the currency pair you want to trade, these are the best times to trade in Nigeria:
| 🛒Instrument | ⌚London Session | 🌎New York Session |
|---|---|---|
| EUR/USD | Yes | Yes |
| XAU/USD (gold) | Yes | Yes |
| GBP/USD | Yes | Yes |
| EUR/GBP | Yes | Yes |
| USD/JPY | No | Yes |
| USD/CAD | No | Yes |
| AUD/USD | No | Yes |
| USD/CHF | Yes | Yes |
London Session Time in Kenya
The London session opens by 11:00 am and it closes by 7:00 pm.
New York Session Time in Kenya
The New York session opens by 4:00 pm and it closes by 12 midnight.
Asian Session Time in Kenya
The Asian session opens by 12:00 midnight in and it closes by 8:00 am in the morning.
Common Questions on Forex Trading Hours
1. Which timezone should I set on my TradingView?
If you are using TradingView platform, set your timezone to UTC. You will notice a 3 hour difference between the time on your TradingView and that on your laptop. This means that 8:00 am on your laptop will be 11:00 am on your TradingView, which is fine.
2. Is it good to trade forex in the night?
No, it is not good. Do not trade forex in the night (which is the Asian session) because trading fees such as spread are usually high at night, and price movement is always slow.
3. Can I trade forex during the weekend?
No, you cannot trade forex during the weekend because the forex market closes on weekends.
4. Can I trade forex on Christmas & New Year holidays?
No you cannot, the forex market is closed on Christmas and New Year days.
Can I trade forex on Easter holiday?
Yes, you can trade forex during easter holidays, as the market remains open. However, you may encounter high trading fees when trading on easter holidays.
5. When does the forex market close on Fridays?
Every Friday, the forex market in Kenya closes for the weekend by 12 midnight .