What Time Does A Trading Day Start?
Updated
Trading days are calculated based on 5 PM EST.
A new trading day starts at 5:00:01 PM EST and runs until 4:59:59 PM EST the next day.
A trade counts toward the trading day in which it is closed. A trade closed after 5 PM EST counts toward the next day's trading day.
For example:
- A trade closed on Monday at 4 PM EST counts toward Monday's trading day.
- A trade closed on Monday at 6 PM EST counts toward Tuesday's trading day.
This timing aligns with the global forex market session rollover, ensuring consistency across all trader accounts.