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Measured data

Exness Trading Hours — Spread and Movement by Hour — Kenya

How the measured spread and the average hourly movement change through the trading day on Exness’s MetaTrader 5 feed — measured 7 Aug · 07:56 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
00:000.810.213×
01:000.89.211×
02:000.86.4
03:000.85.8
04:000.85.5
05:000.86
06:000.810.313×
07:000.811.614×
08:000.811.815×
09:000.811.715×
10:000.810.113×
11:000.812.516×
12:000.810.814×
13:000.824.631×
14:000.821.727×
15:000.816.120×
16:000.88.110×
17:000.812.315×
18:000.816.621×
19:000.89.812×
20:003.71310.3
21:001.8396.3
22:000.86.3
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 07:003.713 at 20:0024.6 at 13:0013:00
GBP/USD1 at 07:0010.103 at 21:0025 at 14:0014:00
USD/JPY1 at 07:005.893 at 20:0085.6 at 13:0013:00
AUD/USD0.9 at 07:003.397 at 21:0017 at 13:0013:00
USD/CAD1.4 at 07:003.274 at 20:0021.5 at 13:0013:00
USD/CHF1.3 at 07:002.756 at 20:0025.3 at 13:0013:00
NZD/USD1.4 at 07:004.84 at 21:0015.1 at 13:0013:00
EUR/GBP1.3 at 07:004.943 at 21:009.2 at 13:0013:00
EUR/JPY1.6 at 07:008.44 at 20:0089.3 at 13:0013:00
GBP/JPY2.158 at 13:0015.689 at 20:00102.8 at 13:0013:00
AUD/JPY1.1 at 07:006.251 at 21:0051.2 at 13:0013:00
XAU/USD (Gold)24.123 at 17:0025.563 at 05:003302 at 13:0013:00
XAG/USD (Silver)3 at 07:003.215 at 21:0078.2 at 13:0013:00
US Oil (WTI)2 at 07:002 at 07:00129.8 at 15:0015:00
UK Oil (Brent)3.198 at 17:003.999 at 23:00152.5 at 15:0015:00
BTC/USD1000 at 07:001000 at 07:0048015.1 at 14:0014:00
ETH/USD100 at 07:00100 at 07:001680 at 13:0013:00
US500 (S&P 500)42 at 03:0051 at 12:003802.1 at 19:0019:00
US30 (Dow)11 at 08:0012.604 at 21:002937.1 at 13:0013:00
USTEC (Nasdaq 100)127 at 07:00133.128 at 21:0031924 at 13:0013:00
DE30 (DAX)7 at 07:0067.378 at 22:001384.9 at 07:0007:00
JP225 (Nikkei 225)31.427 at 04:0039 at 20:009292.6 at 00:0000:00
UK100 (FTSE 100)99 at 18:00919.756 at 21:006479.6 at 07:0007:00

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 20:00 server time, where the average spread ran about 5× 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 11:00, 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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