Market Hours (UTC +1)
Forex Session Open & Close Times in Nigeria (UTC +1)
The following forex session times have been adjusted for daylight savings and converted into UTC+1 which is the Nigerian time zone.
| 🌐Session | 🏁Open | 🛑Close |
|---|---|---|
| Wellington | 9 pm | 6 am |
| Sydney | 11 pm | 7 am |
| Tokyo | 12 midnight | 8 am |
| Singapore | 1 am | 9 am |
| Frankfurt | 7 am | 3 pm |
| London | 8 am | 4 pm |
| New York | 1 pm | 9 pm |
When To Trade Forex in Nigeria (by asset class)
Depending on the asset class you want to trade, these are the best times to trade in Nigeria:
| 🛒Asset | 🌎Session |
|---|---|
| Currencies | Frankfurt, London, New York |
| U.S. Stocks & Indices (NAS100, US30, etc.) | New York |
| U.K Stocks & Indices | London |
| Asian Stocks & Indices | Tokyo, Singapore, Sydney, Wellington |
| Crypto | All sessions |
Frequently Asked Questions
When is London session in forex in Nigeria time
The London session opens by 8:00 am in Nigeria and it closes by 4:00 pm.
What time is New York session in Nigeria
The New York session opens by 1:00 pm in Nigeria and it closes by 9:00 pm.
What time is Asian session in Nigeria
The Asian session opens by 9 pm with the Wellington session and it closes by 8:00 am in the morning with the Singapore session.
As a Nigerian trader, which time zone should i set on my TradingView?
If you are using TradingView platform, set your time zone to UTC+1.
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.
Can I trade forex during the weekend?
No, you cannot trade forex during the weekend because the forex market closes on weekends.
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 Nigerian public holidays?
Yes, the forex market remains open even on Nigerian public holidays like Independence Day, Democracy Day etc. so you can trade forex.
Can I trade forex on Islamic holidays?
Yes, you can trade forex on all Islamic holidays like Eid al-Fitr, Eid al-Malud .
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.
When does the forex market close on Fridays?
Every Friday, the forex market closes for the weekend by 11 pm in the night.