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Measured data

Exness Trading Hours — Spread and Movement by Hour

How the measured spread and the average hourly movement change through the trading day on Exness’s MetaTrader 5 feed — measured 7 Jul · 07:51 UTC. Hours are platform server time.

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How to read this

A trading hour is attractive when the market moves a lot relative to what entering costs. The last column divides the average hourly movement by the average spread in that hour — more movement per pip of spread means the hour is cheaper to trade relative to its opportunity, before strategy and news are considered.

EUR/USD hour by hour (measured)

Hour (server)Avg spread (pips)Avg movement (pips)Movement per pip of spread
00:000.87.3
01:000.810.413×
02:000.87.1
03:000.86.6
04:000.86
05:000.89.612×
06:000.814.418×
07:000.813.317×
08:000.814.118×
09:000.81215×
10:000.89.612×
11:000.812.816×
12:000.824.430×
13:000.819.124×
14:000.823.129×
15:000.813.317×
16:000.810.313×
17:000.87.5
18:000.86.6
19:000.86.5
20:001.7146
21:003.2864.8
22:000.84.3
23:000.85.9

Spread = average of all quotes captured in that hour over the last 24h; movement = average high–low of that hour over the last 7 sessions. Hours are MT5 server time.

All instruments — where spreads tighten and widen

InstrumentTightest avg spreadWidest avg spreadBiggest hourly movementMovement-per-cost peak
EUR/USD0.8 at 07:003.286 at 21:0024.4 at 12:0012:00
GBP/USD1 at 07:006.011 at 21:0028.8 at 14:0014:00
USD/JPY1 at 07:005.078 at 21:0039.1 at 06:0006:00
AUD/USD0.9 at 07:002.928 at 21:0017 at 14:0014:00
USD/CAD1.434 at 17:004.143 at 21:0022.4 at 14:0014:00
USD/CHF1.3 at 07:002.322 at 21:0018.9 at 12:0012:00
NZD/USD1.4 at 07:005.347 at 21:0014 at 12:0012:00
EUR/GBP1.3 at 07:003.036 at 21:0010.9 at 12:0012:00
EUR/JPY1.6 at 07:007.198 at 21:0041 at 06:0006:00
GBP/JPY2.694 at 16:0017.957 at 21:0045.2 at 06:0006:00
AUD/JPY1.9 at 07:004.43 at 21:0026.6 at 06:0006:00
XAU/USD (Gold)24 at 16:0027.447 at 21:003463.3 at 13:0013:00
XAG/USD (Silver)3 at 07:003 at 07:00111.5 at 13:0013:00
US Oil (WTI)2 at 07:002 at 07:0079.2 at 08:0008:00
UK Oil (Brent)2.743 at 20:006.69 at 23:0086 at 08:0008:00
BTC/USD1000 at 07:001000 at 07:0069789.7 at 15:0015:00
ETH/USD100 at 07:00100 at 07:002366.4 at 13:0013:00
US500 (S&P 500)71.989 at 01:0086 at 14:003363.9 at 14:0014:00
US30 (Dow)21.631 at 02:0023.906 at 21:002621.7 at 13:0013:00
USTEC (Nasdaq 100)240 at 07:00257.156 at 21:0025995.3 at 14:0014:00
DE30 (DAX)16 at 07:00495.698 at 23:001198.7 at 07:0007:00
JP225 (Nikkei 225)32.192 at 02:0071 at 20:0010743 at 00:0000:00
UK100 (FTSE 100)142 at 11:00858 at 20:004853.9 at 07:0013:00

Spread in pips (points for non-FX). ‘Movement-per-cost peak’ is the hour with the most movement per pip of spread.

The rollover hour

In this sample the widest EUR/USD hour was 21:00 server time, where the average spread ran about 4× the typical hour. This is the daily rollover window — swaps are applied, liquidity providers reset, and quotes briefly widen. Positions held with tight stop-losses through this hour can be stopped out by the spread alone. The most active hours by tick count were 07:00, 12:00, 13:00, 14:00.

How this was measured

  • Spread by hour: every captured quote on Exness's own MT5 feed, bucketed by server hour (last 24h).
  • Movement by hour: average H1 candle range over the last 7 sessions, from the same feed.
  • The ratio compares movement to entry cost only — it is not a prediction of direction.
  • Figures refresh on a schedule and vary day to day.

Measured in-terminal on Exness’s own MetaTrader 5 pricing feed and symbol specifications, refreshed on a schedule. All figures are indicative and change with market conditions.

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