At a glance, stay aware of Forex market holidays and changes in trading hours. Official Forex market holidays can lead to lower liquidity, wider spreads, sudden volatility, and changes in trading hours. This calendar helps you plan your trades more consciously and reduce your trading risk.
With the Forex holiday calendar, you don’t need to check multiple sources to find out when markets are closed.
Holidays do not always result in market closures.
In some cases, specific symbols remain tradable, although trading conditions such as spreads, price volatility, and slippage may differ.
As a result, by checking the exact timing of market holidays, you can refine your trading plan and avoid high-risk entries.
Forex market holidays
Currency pairs are directly affected by central bank holidays and official holidays in the countries of the base and quote currencies. When these institutions are closed, liquidity decreases, and orders may be executed with delays.
Stock market holidays
The stock market follows the main U.S. exchange calendar; on official U.S. holidays, stocks may be completely untradable or open for limited hours. This also happens for indices.
Metal trading holidays
Precious metals such as Gold (XAU/USD), Silver (XAG/USD), and Copper (CAG/USD) are directly affected by official U.S. holidays, because global prices for these metals are generally set in U.S. dollars.
On official U.S. holidays, metal trading may be available only during limited time windows or may be fully halted for that trading day.
Index trading holidays
Major global indices such as the Nasdaq, the S&P 500, and Germany’s DAX are directly linked to the trading hours of their respective reference exchanges. When exchanges such as the New York Stock Exchange (NYSE), the London Stock Exchange (LSE), or the Japan Exchange Group (JPX) are closed, trading in these indices either stops completely or is available only in limited time windows.
Commodity trading holidays
Instruments such as oil, gas, and agricultural products follow the trading calendar of exchanges like the Chicago Mercantile Exchange (CME).
During holidays, symbols have shorter trading hours and, due to lower trading volume, price volatility also tends to change.
On official U.S. holidays, metal trading may be available only during limited time windows or may be fully halted for that trading day.
Some holidays affect all markets and should be monitored more closely:
During Christmas, liquidity in global markets decreases. During this period, some symbols become untradable for certain hours, and spreads increase. Symbols such as gold and many trading indices may also be temporarily closed during this time. For this reason, many traders prefer not to trade during this period to reduce risk.
In the final days of December and the first week of January, due to Christmas and New Year holidays, markets may face lower liquidity. In these conditions, volatility increases unpredictably, and there is a risk of price gaps after markets reopen. Many financial markets function with restricted trading hours on December 31 and are fully closed in the first half of January.
Bank holidays in the U.S., the U.K., Europe, and Japan directly affect Forex, metals, and indices. For example, during U.S. bank holidays, USD liquidity decreases, affecting all major currency pairs.
In addition to official holidays, even during hours when major banks and global financial centers are not active, market liquidity decreases. Also, on Saturdays and Sundays, more than 90% of trading instruments in financial markets are not tradable.
After the market reopens on Monday, if an important economic or political event happens during the weekend, prices may open with a price gap. In such conditions, if you have an open trade, there is a chance of unforeseen loss.
For example, if global political instability such as war, military attacks, or sudden political decisions occur over the weekend, the market may open at the start of the week with strong volatility and significant price gaps, which makes risk management more difficult.
Rollover means moving your open position after the end of the trading day (00:00 server time) to the next trading day; this process includes swap charges.
The way swap is calculated on holidays differs and may incur trading costs.
Checking market holidays for trade planning is as important as following major economic news such as interest rate decisions, key macroeconomic releases, and international political developments.
Combining this information helps you enter trades with a more complete view and reduce risk.
Reduced liquidity directly influences the bid and ask prices of an asset. Spreads tend to widen during periods of low volatility due to decreased liquidity.
No, the crypto market is active 24 hours a day, 7 days a week, and 365 days a year, but its liquidity may be affected by traditional market holidays.
No. As long as the symbol or the market is closed, a pending order will not be executed. Pending orders will be executed after the symbol opens, and if the price reaches the entry (activation) price you set.
Pending order validity
International symbols: pending orders have weekly validity; therefore, every Saturday at 00:01 server time, all pending orders are automatically deleted.
Domestic market: pending orders for toman-denominated symbols have a daily validity period, and if they are not triggered on the same day, they are automatically deleted at the server reset time.
Weekend swap is calculated and applied after the symbol reopens.
Some trading symbols may open later or close earlier because their trading hours depend on the operating hours of banks, local exchanges, and financial institutions related to the base currency or underlying asset, and this schedule varies by country.
For instance, when Canadian banks are closed, currency pairs involving the Canadian dollar as either the base or quote currency typically experience decreased liquidity and altered trading conditions.
Trade consciously, even during holidays
With access to a live market holiday calendar, you can design your strategy more intelligently and control your trading risk.
