24/5 Trading
After hours CFD Indices
80+ Markets
0.0pips Spreads From
1ms Execution From
Performance ECN | STP | NDD

One major benefit of Forex, indices and commodities trading is they all trade nearly
24 hours a day, 5 days a week. That is from 5 PM New York on Sunday through to 5 PM New York on Friday, and almost every week day of the year.

That’s a lot of trading and opportunities!

Global Prime Trading Hours
Global Prime

Ensures a 5 daily candle week for all clients

The GMT offset is either +2 or +3 depending on whether Daylight savings time is in effect or not.

Market Opens

When the liquidity providers pricing into Global Prime switch online (Monday session start) and switch offline (Friday session end) the spreads can be wider as the liquidity providers reset and liquidity is low.

To ensure our clients positions are not stopped out by the widened spread, we commence pricing on Monday 2 minutes after the market open and close pricing on Friday 3 minutes before market close.

Daily Trading Break

There is a daily 2 minute break in trading from 23:59-00:01 platform time. Clients are able to see the prices streaming during this break. No orders can be placed and pre-existing orders cannot be executed during this time.

This is to safeguard from positions with a Stop Loss getting hit by the potential spread spike that can occur over rollover when Liquidity Providers reset their pricing for the new trading day at 00:00 platform time (which is 5pm New York ET).

Forex and Metals

Instrument Group Market Open Market Close Trading Break
Forex 00:01 Monday 23:57 Friday 23:59 - 00:01
Metals 01:02 Monday 23:57 Friday 23:57 - 01:02
Note: All times correct as of 6 January 2020

Indices

Instrument Name Symbol Trading Hours (GMT +2)
ASX200 AUD200 00:50 – 24:00
Nikkei 225 JPN225 01:00 – 24:00
Hang Seng Index HK50 01:00 – 24:00
Euro Stoxx 50 EUSTX50 01:00 – 24:00
CAC 40 FRA40 01:00 – 24:00
DAX 30 GER30 01:00 – 24:00
FTSE 100 UK100 01:00 – 24:00
DJ 30 US30 01:00 – 24:00
NASDAQ 100 NAS100 01:00 – 24:00
S&P 500 US500 01:00 – 24:00
ES35 ES35 09:00 - 21:00
China50 China50 04:00-11:30, 12:00-23:45
Note: All times correct as of 11 June 2020

Energies

Instrument Name Symbol Trading Hours (GMT +2)
Brent Crude Oil UK Oil 03:00 – 24:00
US Crude Oil XTIUSD 01:00 – 24:00
XNGUSD XNGUSD 01:00 - 24:00
Note: All times correct as of 11 June 2020

Frequently Asked Questions

What GMT offset are our charts set to?

To align the daily chart candles with New York close (5pm ET) Global Prime server time and charts are GMT + 2 or GMT + 3 when daylight savings is in effect.

What are the underlying market hours for Forex?

Trading Hours - The foreign exchange market trades 24 hours a day, 5 days a week. This is from 5pm New York (ET) on Sunday through to 5pm New York on Friday. Global Prime quotes on most Forex pairs from the open on Sunday through to the close on Friday. The daily break time of Forex is 23:59-00:02 server time. During this time you are unable to trade. Prices are generally wide and erratic from the low liquidity arising from the end of day processes at all the major trading banks across the world. To align the daily chart candles with New York close (5pm ET) Global Primes server time and charts are GMT+2 or GMT+3 when daylight savings is in effect.

What are the underlying market hours for indices?

The trading week starts from 6pm New York (ET) on Sunday (01:00 server time) until 5pm New York on Friday (00:00 server time). The daily break time for Commodities vary (see table). During this time you are unable to trade. To align the daily chart candles with New York close (5pm ET) Global Primes server time and charts are GMT+2 or GMT+3 when daylight savings is in effect. Find more information here https://www.globalprime.com/wp-content/uploads/2020/01/fx_specs.pdf

Is trading out of market hours more risky?

Trading outside of market hours generally results in high spreads and increased volatility. This is primarily due to there being less liquidity available in the market during these times. Further, in the case of indices or commodity futures, these products are priced as fair value estimates of the futures underlying markets. Accordingly, after the underlying market closes, LP’s have to formulate a price that represents where the underlying market would be if it was still operating. During these times, there is nowhere for LP’s to hedge their exposure so to account for the increased risk, they must increase spreads to offset their exposure.

Generally speaking, times that involve increased spreads and scarce liquidity are indicative of a more volatile trading environment that carries an increased risk level.

Do Global Prime’s trading hours follow daylight savings time?

Non-DST = GMT + 2 / DST = GMT + 3

Transparent Trading Model

Tight prices, fast fills, low slippage, trade receipts

Best Execution

Is about achieving the best possible result for our clients trades. Our aim is to be the #1 retail broker in the world for pricing and execution...

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How we make money

This means explaining exactly how we make money, how trades are executed and with whom, so traders can make an informed decision...

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What is ECN?

The ECN model was born to facilitate high volume, off exchange, anonymous trading, across a range of market asset classes...

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Global Prime

ECN Account Features

Pricing & Execution
ECN | STP | NDD
Spreads
From 0.0 Pips
Leverage
1:100 or 1:200
Minimum Deposit
A$ 200 or equivalent
Zero Fee
Funding & Withdrawal
Margin Call/Stop
120% & 100%
Min. Trade Size
0.01 Lots
Max. Trade Size
Up to 1000 Lots
Free VPS
Trade over 20 lots / month
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  • Available Markets

    48 FX, 20 Commodities, 14 Indices

  • ECN Account Types

    Individual, Joint, Corporate and Trust accounts

  • Currencies & Commissions

    7 AUD, 7 USD, 6.2 EUR, 5.4 GBP, 9.5 SGD, 9 CAD