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    Understanding the operational hours of financial markets is crucial for traders and investors. MetaTrader 4 (MT4), one of the most popular trading platforms in the world, caters to millions of users trading in various financial instruments, including forex, commodities, and indices. One common question that arises among traders is: When does the MT4 market close? This comprehensive guide aims to answer that question by exploring the trading hours of different financial markets, the specific closing times of MT4 markets, and best practices for managing trades around market close times.

    Understanding MT4 and Its Markets

    MetaTrader 4, developed by MetaQuotes Software, is a versatile trading platform used extensively by retail traders. It offers robust tools for technical analysis, automated trading through Expert Advisors (EAs), and a user-friendly interface. While MT4 itself operates 24/7, the availability of tradable instruments depends on the opening hours of various financial markets around the world.

    Forex Market

    The forex market is unique because it operates 24 hours a day during the trading week. It is decentralized and consists of a network of financial institutions and brokers globally. Forex trading starts in Sydney, followed by Tokyo, London, and New York, ensuring continuous trading from Monday to Friday.

    Stock and Commodity Markets

    Unlike the forex market, stock and commodity markets have specific opening and closing times. These markets operate during business hours in their respective time zones, and there is no trading during weekends or public holidays.

    Forex Market Hours

    The forex market is open 24 hours a day, five days a week, which means there are four major trading sessions:

    1. Sydney Session: Opens at 10 PM GMT on Sunday and closes at 7 AM GMT.
    2. Tokyo Session: Opens at 12 AM GMT and closes at 9 AM GMT.
    3. London Session: Opens at 8 AM GMT and closes at 5 PM GMT.
    4. New York Session: Opens at 1 PM GMT and closes at 10 PM GMT.

    These sessions overlap, ensuring that the forex market remains open continuously. The most significant overlaps occur between the London and New York sessions, which is considered the most active trading period.

    Closing Times of Forex Market on MT4

    While the forex market operates 24/5, MT4 brokers typically have their servers set to specific time zones, influencing the perceived opening and closing times. Most brokers align their trading week with the closing of the New York session. This means the MT4 forex market typically closes at 10 PM GMT on Friday and reopens at 10 PM GMT on Sunday.

    Importance of Market Closes

    The closing time of the forex market on MT4 is critical for several reasons:

    1. Position Management: Traders need to manage open positions before the market closes to avoid unexpected moves during the weekend gap.
    2. Rollovers and Swaps: Swap rates are typically higher on Wednesdays as they account for the weekend. Knowing the closing times helps traders plan around these charges.
    3. Market Analysis: The close of the New York session is often used as a benchmark for daily market analysis, setting the tone for the next trading day.

    Stock and Commodity Market Hours

    Stock and commodity markets have fixed trading hours, typically aligning with the business hours of their respective time zones.

    US Stock Market

    The US stock market, including exchanges like the NYSE and NASDAQ, operates from 9:30 AM to 4:00 PM ET, Monday through Friday. There are also pre-market and after-hours trading sessions, but these have lower liquidity and higher volatility.

    European Stock Market

    The major European exchanges, such as the London Stock Exchange, Euronext, and Frankfurt Stock Exchange, have varying trading hours. Generally, they open around 8:00 AM GMT and close at 4:30 PM GMT.

    Asian Stock Market

    Asian markets, including the Tokyo Stock Exchange and Hong Kong Stock Exchange, typically operate from 9:00 AM to 4:00 PM local time, with a lunch break in between.

    Commodity Markets

    Commodity markets, such as those for gold, oil, and agricultural products, have specific trading hours depending on the exchange. For example, the Chicago Mercantile Exchange (CME) for commodities trading operates from 6:00 PM to 5:00 PM the next day, with a one-hour break each day.

    Closing Times of Stock and Commodity Markets on MT4

    MT4 brokers offer CFDs (Contracts for Difference) on stocks and commodities, which mirror the trading hours of the underlying markets. Thus, the closing times for these instruments on MT4 align with the closing times of the respective exchanges. For instance, a CFD on Apple stock will close when the NASDAQ market closes.


    Knowing when the MT4 market closes is vital for effective trading and risk management. The forex market operates continuously from Monday to Friday, closing at 10 PM GMT on Friday and reopening at 10 PM GMT on Sunday. Stock and commodity markets have fixed trading hours, reflecting the business hours of their respective exchanges.

    Traders must be aware of these closing times to manage their positions effectively, avoid unnecessary risks, and plan their trading activities. By understanding the dynamics of market closes and following best practices, traders can navigate the complexities of the financial markets with greater confidence and precision.

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