Hours of Operation

 

Select the OANDA division which you are registered:

United States

OANDA’s hours of operation coincide with the global financial markets. Trading is available from Sunday approximately 5 p.m. to Friday 5 p.m., New York time.

If you decide to leave trades open over the weekend:

  • You cannot close existing positions or open new positions when markets are closed (but you can place or modify Entry Orders, Stop Loss, Take Profit and Trailing Stop orders).
  • Spreads (the difference between the bid price and the ask price) typically widen at 4:00 p.m. Friday, to reflect decreased liquidity in the global markets. These widened spreads could trigger stop-loss orders or margin closeouts when a position is opened at this time.
  • Market prices may significantly change or “gap” when trading resumes on Sunday. This change could trigger Entry Orders, which are executed at the current market rate. For example, if the market rate moves against you, a stop-loss order may be closed at a rate different from your stop-loss rate -- resulting in additional losses.


Ensure that you maintain sufficient margin in your fxTrade account at all times to avoid a margin closeout. To reduce the risk of a margin closeout, reduce or close your overall positions or add more funds to your fxTrade account. To prevent unwanted order execution, consider widening your take-profits, stop-losses or trailing-stops prior to the weekend.


Canada

OANDA's hours of operation coincide with the global financial markets. Trading is available from Sunday approximately 5 p.m. to Friday 5 p.m., New York time.

If you decide to leave trades open over the weekend:

  • You cannot close existing positions or open new positions when markets are closed (but you can place or modify Entry Orders, Stop Loss, Take Profit and Trailing Stop orders).
  • Spreads (the difference between the bid price and the ask price) typically widen at 4:00 p.m. Friday, to reflect decreased liquidity in the global markets. These widened spreads could trigger stop-loss orders or margin closeouts when a position is opened at this time.
  • Market prices may significantly change or “gap” when trading resumes on Sunday. This change could trigger Entry Orders, which are executed at the current market rate. For example, if the market rate moves against you, a stop-loss order may be closed at a rate different from your stop-loss rate -- resulting in additional losses.

Ensure that you maintain sufficient margin in your fxTrade account at all times to avoid a margin closeout. To reduce the risk of a margin closeout, reduce or close your overall positions or add more funds to your fxTrade account. To prevent unwanted order execution, consider widening your take-profits, stop-losses or trailing-stops prior to the weekend.

Listed below are specific instruments with trading hours that differ from those noted above.

Metals

Instrument Name

Max Units per Trade

Trading Hours (EST)


Gold (XAU/USD)

1000

Sun-Fri:
18:00 - 17:00 (next day)

 


Silver (XAG/USD)

50000

Sun-Thurs:
18:00 - 17:15 (next day), Thurs-Fri:
18:00 - 17:00 (next day)

 


Index CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

US Wall St 30
USD
100
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59
Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59
Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
E-mini Dow
Jones

CBOT

US Nas 100
USD
400
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59
Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59
Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
E-mini
Nasdaq 100
CME

US SPX 500
USD
800
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59
Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59
Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
E-mini
S&P500
CME

UK 100
GBP
100
100
Mon-Fri: 01:00 - 20:59
Mon-Fri: 01:00 - 20:59 (London)
FTSE100

ICE EUROPE

Germany 30
EUR
250
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
DAX EUREX

Japan 225
USD
100
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59
Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59,
Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
Nikkei225
CME

Hong Kong 33
HKD
400
100
Mon-Fri: 01:15 - 03:59; 05:00 - 08:14
Mon-Fri: 09:15 - 11:59; 13:00 - 16:14 17:00 - 23:44 (Hong Kong)
Hang Seng

HKEX

Netherlands 25
EUR
2,000
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Amsterdam)
AEX

ICE EUROPE

France 40
EUR
200
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Paris)
CAC40

ICE EUROPE

Europe 50
EUR
300
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
EuroStoxx50

EUREX

US Russ 2000
USD
1,000
100
Sun-Mon: 22:00 - 21:59
Mon-Fri: 00:00 - 21:59
Sun-Mon: 18:00 - 17:59,
Mon-Fri: 20:00 - 17:59 (New York)
Russell2000
ICE US

Australia 200
AUD
200
100
00:50-07:30 and 08:10-21:00
09:50 – 16:30 ; 17:10 – 08:00 (Sydney)
ASX200

ASX

Singapore 30(SGX30/SGD)
SGD
300
100
Sun-Fri: 12:30 - 9:10/10:15 - 18:00
Sun-Fri: 8:30 - 17:10/18:15 - 2:00
MSCI
Singapore
Free

SGX

* Where exchanges' market hours are affected by daylight savings, the local exchange times represent OANDA's trading hours.

Note: MT4 lot size only applies to CFD trades placed in a MT4 account.


Treasury CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

US 2Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
2yr Treasury Note

CBOT

US 5Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
5yr Treasury Note

CBOT

US 10Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
10yr Treasury Note

CBOT

US T-Bond
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
US Treasury Bond

CBOT

Germany 10Y Bund
EUR
6,000
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
EuroBund

EUREX

UK 10Y Gilt
GBP
6,000
100
Mon-Fri: 07:00 - 16:59
Mon-Fri: 08:00 - 17:59 (London)
Long Gilt

ICE EUROPE

Commodity CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

Brent Crude Oil
USD
10,000
100
Mon-Thu: 01:00 - 22:59 Thu-Fri: 01:00 - 21:59
Sun - Thu: 20:00 - 17:59 Thu-Fri: 20:00 - 16:59 (New York)
Brent Crude

ICE EUROPE

Corn
USD
150,000
5,000
Mon-Fri: 1:00 - 13:44; 14:30 - 19:19
Sun-Fri: 19:00 - 07:44; 08:30 - 13:19 (Chicago)
Corn

CBOT

Wheat
USD
150,000
5,000
Mon-Fri: 1:00 - 13:44; 14:30 - 19:19
Sun-Fri: 19:00 - 07:44; 08:30 - 13:19 (Chicago)
Wheat

CBOT

Sugar
USD
4,000,000
40,000
Mon-Fri: 08:30 - 17:59
Mon-Fri: 03:30 - 12:59 (New York)
Sugar No.11

ICE US

Soybeans
USD
60,000
600
Mon-Fri: 1:00 - 13:44; 14:30 - 19:19
Sun-Fri: 19:00 - 07:44; 08:30 - 13:19 (Chicago)
Soybean

CBOT

Natural Gas
USD
250,000
2,500
Sun-Thu: 23:00 - 21:59 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 16:59 Thu-Fri: 18:00 - 16:59 (New York)
Natural Gas (Henry Hub)

NYMEX

West Texas Oil
USD
10,000
100
Sun-Thu: 23:00 - 21:59 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 16:59 Thu-Fri: 18:00 - 16:59 (New York)
Light Sweet Crude Oil

NYMEX

Copper
USD
250,000
2,500
Sun-Thu: 23:00 - 21:59 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 16:59 Thu-Fri: 18:00 - 16:59 (New York)
Copper

COMEX

* Where exchanges' market hours are affected by daylight savings, the local exchange times represent OANDA's trading hours.

Trading hours are based on when underlying futures reference markets are open. OANDA CFDs will not be available for trading during holidays in which reference markets are closed.

OANDA prices are calculated from the theoretical spot prices derived from underlying futures.

Please be advised that CFD products are not available to residents of the United States of America or its territories.

 

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 to on FX products and limits to leverage offered on CFDs apply Leverage for OANDA Canada clients is determined by IIROC and is subject to change. Refer to our legal section here.


Europe

OANDA’s hours of operation coincide with the global financial markets. Trading is available from Sunday approximately 5 p.m. to Friday 5 p.m., New York time.

If you decide to leave trades open over the weekend:

  • You cannot close existing positions or open new positions when markets are closed (but you can place or modify Entry Orders, Stop Loss, Take Profit and Trailing Stop orders).
  • Spreads (the difference between the bid price and the ask price) typically widen at 4:00 p.m. Friday, to reflect decreased liquidity in the global markets. These widened spreads could trigger stop-loss orders or margin closeouts when a position is opened at this time.
  • Market prices may significantly change or “gap” when trading resumes on Sunday. This change could trigger Entry Orders, which are executed at the current market rate. For example, if the market rate moves against you, a stop-loss order may be closed at a rate different from your stop-loss rate -- resulting in additional losses.

Ensure that you maintain sufficient margin in your fxTrade account at all times to avoid a margin closeout. To reduce the risk of a margin closeout, reduce or close your overall positions or add more funds to your fxTrade account. To prevent unwanted order execution, consider widening your take-profits, stop-losses or trailing-stops prior to the weekend.

Listed below are specific instruments with trading hours that differ from those noted above.

 

Metals

Instrument Name

Max Units per Trade

Trading Hours (GMT)


All Gold Instruments (XAU)

1000

Sun-Fri:
23:00 - 22:00 (next day)

 

 


All Silver Instruments (XAG)

50000

Sun-Thurs:
23:00 - 22:15 (next day), 
Thurs-Fri:
23:00 - 22:00 (next day)

 

 


Palladium (XPD/USD)

500

Sun-Thurs:
23:00 - 22:15 (next day), 
Thurs-Fri:
23:00 - 22:00 (next day)

 

 


Platinum (XPT/USD)

500

Sun-Thurs:
23:00 - 22:15 (next day), 
Thurs-Fri:
23:00 - 22:00 (next day)

 

 


Index CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

US Wall St 30
USD
100
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59
Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59
Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CBOT

US Nas 100
USD
400
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59, Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59, Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CME

US SPX 500
USD
800
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59, Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59, Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CME

UK 100
GBP
100
100
Mon-Fri: 01:00 - 20:59
Mon-Fri: 01:00 - 20:59 (London)
ICE EUROPE

Germany 30
EUR
250
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Amsterdam)
EUREX

Japan 225
USD
100
100
Sun-Thu: 23:00 - 21:14; 21:30 - 21:59 Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 15:59, Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CME

Hong Kong 33
HKD
400
100
Mon-Fri: 01:15 - 03:59; 05:00 - 08:14; 09:00 - 15:45
Mon-Fri: 09:15 - 11:59; 13:00 - 16:14; 17:00 - 23:44 (Hong Kong)
HKEX

Netherlands 25
EUR
2,000
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Amsterdam)
ICE EUROPE

France 40
EUR
200
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Paris)
ICE EUROPE

Europe 50
EUR
300
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
EUREX

US Russ 2000
USD
1,000
100
Sun-Mon: 22:00 - 21:59 Mon-Fri: 00:00 - 21:59
Sun-Mon: 18:00 - 17:59, Mon-Fri: 20:00 - 17:59 (New York)
ICE US

Australia 200
AUD
200
100
Sun-Fri: 6:10 to 20:00/ 22:50 to 5:30 during US Daylight Saving Time (DST) 6:10 to 21:00/ 22:50 to 5:30 during US No DST
Sun-Fri: 17:10 to 7:00/ 9:50 to 16:30 during US Daylight Saving Time (DST) 17:10 to 8:00/9:50 to 16:30 during US No DST
ASX

Singapore 30 (SGX30/SGD)
SGD
300
100
Sun-Fri: 12:30 to 9:10/10:15 to 18:00
Sun-Fri: 8:30 to 17:10/18:15 to 2:00
SGX


* Where exchanges' market hours are affected by daylight savings, British summer time, etc., the local exchange times represent OANDA's trading hours.

Note: MT4 lot size only applies to CFD trades placed in a MT4 account.


Treasury CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

US 2Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

US 5Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

US 10Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

US T-Bond
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

Bund
EUR
6,000
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
EUREX

UK 10Y Gilt
GBP
6,000
100
Mon-Fri: 07:00 - 16:59
Mon-Fri: 08:00 - 17:59 (London)
ICE EUROPE

Commodity CFDs

Instrument Name
Currency
Max Units per Trade
Max Leverage
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

Brent Crude Oil
USD
10,000
100
Mon-Thu: 01:00 - 22:59 Thu-Fri: 01:00 - 21:59
Sun - Thu: 20:00 - 17:59 Thu-Fri: 20:00 - 16:59 (New York)
ICE EUROPE
 

Corn
USD
150,000
5,000
Mon-Fri:1:00 - 13:44;
14:30 - 19:19
Sun-Fri:
19:00 - 07:44; 08:30 - 13:19 (Chicago)
CBOT
 

Wheat
USD
150,000
5,000
Mon-Fri: 1:00 - 13:44; 14:30 - 19:19
Sun-Fri: 19:00 - 07:44; 08:30 - 13:19 (Chicago)
CBOT
 

Sugar
USD
4,000,000
40,000
Mon-Fri:08:30 - 5:59 
Mon-Fri:03:30 - 13:00 (New York)
ICE US
 

Soybeans
USD
60,000
600
Mon-Fri:1:00 - 13:44; 14:30 - 19:19
Sun-Fri:19:00 - 07:44; 
08:30 - 13:19 (Chicago)
CBOT
 

Natural Gas
USD
250,000
2,500
Sun-Thu:23:00 - 21:59
Thu-Fri:23:00 - 21:59
Sun-Thu:18:00 - 16:59
Thu-Fri:18:00 - 16:59 (New York)
NYMEX
 

West Texas Oil
USD
10,000
100
Sun-Thu:23:00 - 21:59
Thu-Fri:23:00 - 21:59 
Sun-Thu:18:00 - 16:59
Thu-Fri:18:00 - 16:59 (New York)
NYMEX
 

Copper
USD
250,000
2,500
Sun-Thu:
23:00 - 21:59 Thu-Fri:23:00 - 21:59
Sun-Thu:18:00 - 16:59
Thu-Fri:18:00 - 16:59 (New York)
COMEX
 

* Where exchanges' market hours are affected by daylight savings, British summer time, etc., the local exchange times represent OANDA's trading hours.

Trading hours are based on when underlying futures reference markets are open. OANDA CFDs will not be available for trading during holidays in which reference markets are closed.

OANDA prices are calculated from the theoretical spot prices derived from underlying futures.

Please be advised that CFD products are not available to residents of the United States of America or its territories.

 

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 to on FX products and limits to leverage offered on CFDs apply Leverage for OANDA Canada clients is determined by IIROC and is subject to change. Refer to our legal section here.


Asia Pacific

OANDA's hours of operation coincide with the global financial markets. Trading is available from Sunday approximately 5 p.m. to Friday 5 p.m., New York time.

If you decide to leave trades open over the weekend:

  • You cannot close existing positions or open new positions when markets are closed (but you can place or modify Limit, Stop Loss, Take Profit and Trailing Stop orders).
  • Spreads (the difference between the bid price and the ask price) typically widen at 4:00 p.m. Friday, to reflect decreased liquidity in the global markets. These widened spreads could trigger stop-loss orders or margin closeouts.
  • Market prices may significantly change or “gap” when trading resumes on Sunday. This change could trigger limit orders, which are executed at the current market rate. For example, if the market rate moves against you, a stop-loss order may be closed at a rate different from your stop-loss rate -- resulting in additional losses.

Ensure that you maintain sufficient margin in your fxTrade account at all times to avoid a margin closeout. To reduce the risk of a margin closeout, reduce or close your overall positions or add more funds to your fxTrade account. To prevent unwanted order execution, consider widening your take-profits, stop-losses or trailing-stops prior to the weekend.

Listed below are specific instruments with trading hours that differ from those noted above.


Index CFDs

Instrument Name
Currency
Max Units per Trade
Max Leverage
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

US Wall St 30
USD
100
20:1
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14 Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14 Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CBOT

US Nas 100
USD
400
20:1
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14 Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14 Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CME

US SPX 500
USD
800
20:1
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14 Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14, Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CME

UK 100
GBP
100
20:1
100
Mon-Fri: 08:00 - 20:59
Mon-Fri: 08:00 - 20:59 (London)
Euronext

Germany 30
EUR
250
20:1
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Amsterdam)
EUREX

Japan 225
USD
100
20:1
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14 Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14, Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
CME

Hong Kong 33
HKD
400
20:1
100
Mon-Fri: 01:15 - 03:59; 05:00 - 08:14; 09:00 - 15:45
Mon-Fri: 09:15 - 11:59; 13:00 - 16:14; 17:00 - 23:45 (Hong Kong)
HKEX

Netherlands 25
EUR
2,000
20:1
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Amsterdam)
Euronext

France 40
EUR
200
20:1
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Paris)
Euronext

Europe 50
EUR
300
5:1
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
EUREX

US Russ 2000
USD
1,000
20:1
100
Sun-Mon: 22:00 - 21:59 Mon-Fri: 00:00 - 21:59
Sun-Mon: 18:00 - 17:59, Mon-Fri: 20:00 - 17:59 (New York)
ICE US

Australia 200
AUD
200
20:1
100
Sun-Fri: 6:10 to 20:00/ 22:50 to 5:30 during US Daylight Saving Time (DST) 6:10 to 21:00/ 22:50 to 5:30 during US No DST
Sun-Fri: 17:10 to 7:00/ 9:50 to 16:30 during US Daylight Saving Time (DST) 17:10 to 8:00/9:50 to 16:30 during US No DST
ASX

Singapore 30 (SGX30/SGD)
SGD
300
20:1
100
Sun-Fri: 12:30 to 9:10/10:15 to 18:00
Sun-Fri: 8:30 to 17:10/18:15 to 2:00
SGX


* Where exchanges' market hours are affected by daylight savings, the local exchange times represent OANDA's trading hours.

Note: MT4 lot size only applies to CFD trades placed in a MT4 account.


Treasury CFDs

Instrument Name
Currency
Max Units per Trade
Max Leverage
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures Exchange

US 2Y T-Note
USD
6,000
5:1
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

US 5Y T-Note
USD
6,000
5:1
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

US 10Y T-Note
USD
6,000
5:1
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

US T-Bond
USD
6,000
5:1
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
CBOT

Bund
EUR
6,000
5:1
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
EUREX

UK 10Y Gilt
GBP
6,000
5:1
100
Mon-Fri: 07:00 - 16:59
Mon-Fri: 08:00 - 17:59 (London)
Euronext

Commodity CFDs

Instrument Name
Currency
Max Units per Trade
Max Leverage
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures Exchange

Brent Crude Oil
USD
10,000
5:1
100
Mon-Thu: 01:00 - 22:59 Thu-Fri: 01:00 - 21:59
Sun - Thu: 20:00 - 17:59 Thu-Fri: 20:00 - 16:59 (New York)
ICE EUROPE

Corn
USD
150,000
5:1
5,000
Mon-Fri: 00:00 - 12:44; 13:30 - 18:14
Sun-Fri: 19:00 - 07:44; 08:30 - 13:14 (Chicago)
CBOT

Wheat
USD
150,000
5:1
5,000
Mon-Fri: 00:00 - 12:44; 13:30 - 18:14
Sun-Fri: 19:00 - 07:44; 08:30 - 13:14 (Chicago)
CBOT

Sugar
USD
4,000,000
5:1
40,000
Mon-Fri: 08:30 - 5:59
Mon-Fri: 03:30 - 13:00 (New York)
ICE US

Soybeans
USD
60,000
5:1
600
Mon-Fri: 00:00 - 12:44; 13:30 - 18:14
Sun-Fri: 19:00 - 07:44; 08:30 - 13:14 (Chicago)
CBOT

Natural Gas
USD
250,000
5:1
2,500
Sun-Thu: 23:00 - 22:14 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 17:14 Thu-Fri: 18:00 - 16:59 (New York)
NYMEX

West Texas Oil
USD
10,000
5:1
100
Sun-Thu: 23:00 - 22:14 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 17:14 Thu-Fri: 18:00 - 16:59 (New York)
NYMEX

Copper
USD
250,000
5:1
2,500
Sun-Thu: 23:00 - 22:14 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 17:14 Thu-Fri: 18:00 - 16:59 (New York)
COMEX


* Where exchanges' market hours are affected by daylight savings, the local exchange times represent OANDA's trading hours.

Trading hours are based on when underlying futures reference markets are open. OANDA CFDs will not be available for trading during holidays in which reference markets are closed.

OANDA prices are calculated from the theoretical spot prices derived from underlying futures.

Please be advised that CFD products are not available to residents of the United States of America or its territories.

Metals

Instrument Name
Max Units per Trade
Max Leverage
Trading Hours (GMT)

All Gold Instruments (XAU)
1000
50:1
Sun-Fri:
23:00 - 22:00 (next day)

All Silver Instruments (XAG)
50000
50:1
Sun-Thurs:
23:00 - 22:15 (next day), Thurs-Fri:23:00 - 22:00 (next day)

Palladium (XPD/USD)
500
50:1
Sun-Thurs:23:00 - 22:15 (next day), Thurs-Fri:23:00 - 22:00 (next day)

Platinum (XPT/USD)
500
50:1
Sun-Thurs:23:00 - 22:15 (next day), Thurs-Fri:
23:00 - 22:00 (next day)

 

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 to on FX products and limits to leverage offered on CFDs apply Leverage for OANDA Canada clients is determined by IIROC and is subject to change. Refer to our legal section here.


Australia

OANDA's hours of operation coincide with the global financial markets. Trading is available from Sunday approximately 5 p.m. to Friday 5 p.m., New York time.

If you decide to leave trades open over the weekend:

  • You cannot close existing positions or open new positions when markets are closed (but you can place or modify Entry Orders, Stop Loss, Take Profit and Trailing Stop orders).
  • Spreads (the difference between the bid price and the ask price) typically widen at 4:00 p.m. Friday, to reflect decreased liquidity in the global markets. These widened spreads could trigger stop-loss orders or margin closeouts when a position is opened at this time.
  • Market prices may significantly change or “gap” when trading resumes on Sunday. This change could trigger Entry Orders, which are executed at the current market rate. For example, if the market rate moves against you, a stop-loss order may be closed at a rate different from your stop-loss rate -- resulting in additional losses.

Ensure that you maintain sufficient margin in your fxTrade account at all times to avoid a margin closeout. To reduce the risk of a margin closeout, reduce or close your overall positions or add more funds to your fxTrade account. To prevent unwanted order execution, consider widening your take-profits, stop-losses or trailing-stops prior to the weekend.

Listed below are specific instruments with trading hours that differ from those noted above.

Metals

Instrument Name

Max Units per Trade

Trading Hours (GMT)


Gold (XAU/USD)

1000

Sun-Fri:
23:00 - 22:00 (next day)


Silver (XAG/USD)

50000

Sun-Thurs: 23:00 - 22:15 (next day), Thurs-Fri: 23:00 - 22:00 (next day)


Palladium (XPD/USD)

500

Sun-Thurs: 23:00 - 22:15 (next day), Thurs-Fri: 23:00 - 22:00 (next day)


Platinum (XPT/USD)

500

Sun-Thurs: 23:00 - 22:15 (next day), Thurs-Fri: 23:00 - 22:00 (next day)


Index CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

US Wall St 30
USD
100
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14 Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14 Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
E-mini Dow Jones

CBOT

US Nas 100
USD
400
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14 Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14 Thu-Fri: 17:00 - 15:14; 15:30 - 15:59 (Chicago)
E-mini Nasdaq 100

CME

US SPX 500
USD
800
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14, Thu-Fri:17:00 - 15:14; 15:30 - 15:59 (Chicago)
E-mini S&P500
CME
 

UK 100
GBP
100
100
Mon-Fri:08:00 - 20:59
Mon-Fri:08:00 - 20:59 (Germany)
FTSE100
Euronext

Germany 30
EUR
250
100
Mon-Fri:07:00 - 20:59
Mon-Fri:08:00 - 21:59 (Amsterdam)
DAX
EUREX

Japan 225
USD
100
100
Sun-Thu: 23:00 - 21:14; 21:30 - 22:14Thu-Fri: 23:00 - 21:14; 21:30 - 21:59
Sun-Thu: 17:00 - 15:14; 15:30 - 16:14, Thu-Fri:17:00 - 15:14; 15:30 - 15:59 (Chicago)
Nikkei225
CME

Hong Kong 33
HKD
400
100
Mon-Fri:01:15 - 03:59; 05:00 - 08:14; 09:00 - 15:45
Mon-Fri:09:15 - 11:59; 13:00 - 16:14; 17:00 - 23:45
(Hong Kong)
Hang Seng
HKEX

Netherlands 25
EUR
2,000
100
Mon-Fri:07:00 - 20:59
Mon-Fri:08:00 - 21:59 (Amsterdam)
AEX
Euronext

France 40
EUR
200
100
Mon-Fri:07:00 - 20:59
Mon-Fri:08:00 - 21:59 (Paris)
CAC40
Euronext

Europe 50
EUR
300
100
Mon-Fri:07:00 - 20:59
Mon-Fri:08:00 - 21:59 (Germany)
EuroStoxx50
EUREX

US Russ 2000
USD
1,000
100
Sun-Mon:22:00 - 21:59Mon-Fri:00:00 - 21:59
Sun-Mon:18:00 - 17:59,Mon-Fri:20:00 - 17:59 (New York)
Russell2000
ICE US

Australia 200
AUD
200
100
00:50-07:30 and 08:10-21:00
09:50 – 16:30 ; 17:10 – 08:00 (Sydney)
ASX200
ASX

Singapore 30(SGX30/SGD)
SGD
300
100
Sun-Fri:12:30 to 9:10/10:15 to 18:00
Sun-Fri:8:30 to 17:10/18:15 to 2:00
MSCI Singapore Free
SGX
 

* Where exchanges' market hours are affected by daylight savings, the local exchange times represent OANDA's trading hours.

Note: MT4 lot size only applies to CFD trades placed in a MT4 account.


Treasury CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

US 2Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
2yr Treasury Note
CBOT

US 5Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
5yr Treasury Note
CBOT

US 10Y T-Note
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
10yr Treasury Note
CBOT

US T-Bond
USD
6,000
100
Sun-Fri: 23:00 - 21:59
Sun-Fri: 17:00 - 15:59 (Chicago)
US Treasury Bond
CBOT

Bund
EUR
6,000
100
Mon-Fri: 07:00 - 20:59
Mon-Fri: 08:00 - 21:59 (Germany)
EuroBund
EUREX

UK 10Y Gilt
GBP
6,000
100
Mon-Fri: 07:00 - 16:59
Mon-Fri: 08:00 - 17:59 (London)
Long Gilt
Euronext

Commodity CFDs

Instrument Name
Currency
Max Units per Trade
MT4Lot Size
Trading Hours (GMT)
Trading Hours (local exchange time)
Underlying Futures & Exchange

Brent Crude Oil
USD
10,000
100
Mon-Thu: 01:00 - 22:59 Thu-Fri: 01:00 - 21:59
Sun - Thu: 20:00 - 17:59 Thu-Fri: 20:00 - 16:59 (New York)
Brent Crude

ICE EUROPE

Corn
USD
150,000
5,000
Mon-Fri: 1:00 - 13:44; 14:30 - 19:14
Sun-Fri: 19:00 - 07:44; 08:30 - 13:14 (Chicago)
Corn

CBOT

Wheat
USD
150,000
5,000
Mon-Fri: 1:00 - 13:44; 14:30 - 19:14
Sun-Fri: 19:00 - 07:44; 08:30 - 13:14 (Chicago)
Wheat

CBOT

Sugar
USD
4,000,000
40,000
Mon-Fri: 08:30 - 17:59
Mon-Fri: 03:30 - 12:59 (New York)
Sugar No.11

ICE US

Soybeans
USD
60,000
600
Mon-Fri: 1:00 - 13:44; 14:30 - 19:14
Sun-Fri: 19:00 - 07:44; 08:30 - 13:14 (Chicago)
Soybean

CBOT

Natural Gas
USD
250,000
2,500
Sun-Thu: 23:00 - 22:14 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 17:14 Thu-Fri: 18:00 - 16:59 (New York)
Natural Gas (Henry Hub)

NYMEX

West Texas Oil
USD
10,000
100
Sun-Thu: 23:00 - 22:14 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 17:14 Thu-Fri: 18:00 - 16:59 (New York)
Light Sweet Crude Oil

NYMEX

Copper
USD
250,000
2,500
Sun-Thu: 23:00 - 22:14 Thu-Fri: 23:00 - 21:59
Sun-Thu: 18:00 - 17:14 Thu-Fri: 18:00 - 16:59 (New York)
Copper

COMEX

* Where exchanges' market hours are affected by daylight savings,  the local exchange times represent OANDA's trading hours.

Trading hours are based on when underlying futures reference markets are open. OANDA CFDs will not be available for trading during holidays in which reference markets are closed.

OANDA prices are calculated from the theoretical spot prices derived from underlying futures.

Please be advised that CFD products are not available to residents of the United States of America or its territories.

 

The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 to on FX products and limits to leverage offered on CFDs apply Leverage for OANDA Canada clients is determined by IIROC and is subject to change. Refer to our legal section here.

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