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Measured data

Exness Trading Hours — Spread and Movement by Hour — India

How the measured spread and the average hourly movement change through the trading day on Exness’s MetaTrader 5 feed — measured 14 Aug · 13:24 IST. 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
00:000.85.2
01:000.86.1
02:000.85
03:000.84.8
04:000.84.3
05:000.84.8
06:000.87.3
07:000.88.711×
08:000.87.4
09:000.8911×
10:000.85.1
11:000.89.412×
12:000.820.626×
13:000.813.317×
14:000.812.816×
15:000.811.915×
16:000.88.911×
17:000.87.6
18:000.85.9
19:000.85.6
20:000.9574.3
21:004.6494.4
22:000.83.7
23:000.83.1

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 07:004.649 at 21:0020.6 at 12:0012:00
GBP/USD1 at 07:005.091 at 21:0025.8 at 12:0012:00
USD/JPY1 at 07:004.722 at 21:0050.3 at 12:0012:00
AUD/USD0.9 at 07:004.744 at 21:0016.9 at 12:0012:00
USD/CAD1.4 at 07:004.218 at 21:0022.9 at 12:0012:00
USD/CHF1.3 at 07:003.73 at 21:0020.3 at 12:0012:00
NZD/USD1.4 at 07:004.876 at 21:0016.2 at 12:0012:00
EUR/GBP1.3 at 07:002.459 at 21:006.3 at 14:0014:00
EUR/JPY1.6 at 07:008.205 at 21:0039.3 at 12:0012:00
GBP/JPY2.143 at 00:0022.483 at 21:0047.7 at 12:0012:00
AUD/JPY1.1 at 07:007.479 at 21:0025.9 at 12:0012:00
XAU/USD (Gold)25.527 at 04:0035.615 at 21:003299.5 at 12:0012:00
XAG/USD (Silver)3 at 07:003.018 at 22:0079.6 at 13:0013:00
US Oil (WTI)2 at 07:002 at 07:00106.1 at 13:0013:00
UK Oil (Brent)3.28 at 17:003.869 at 00:00117.9 at 15:0015:00
BTC/USD1000 at 07:001000 at 07:0038238.4 at 14:0014:00
ETH/USD100 at 07:00100 at 07:001348.6 at 12:0012:00
US500 (S&P 500)42 at 00:0051 at 11:002478.4 at 13:0013:00
US30 (Dow)11 at 08:0012.02 at 14:002390.6 at 13:0013:00
USTEC (Nasdaq 100)127 at 07:00129.798 at 20:0021344.1 at 13:0013:00
DE30 (DAX)7 at 08:0082.834 at 23:001025.7 at 07:0007:00
JP225 (Nikkei 225)32.709 at 04:0039.616 at 23:006025.6 at 00:0000:00
UK100 (FTSE 100)99 at 18:00858 at 20:003756 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 6× 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 12:00, 13:00, 14:00, 15:00.

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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