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Measured data

Exness Trading Hours — Spread and Movement by Hour · Uganda

How the measured spread and the average hourly movement change through the trading day on Exness’s MetaTrader 5 feed — measured 10 Sep · 07:50 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
00:000.86.6
01:000.86.7
02:000.87.3
03:000.84.7
04:000.84.4
05:000.85.7
06:000.810.213×
07:000.812.516×
08:000.810.113×
09:000.88.711×
10:000.87.6
11:000.89.211×
12:000.815.620×
13:000.814.718×
14:000.811.815×
15:000.81215×
16:000.89.312×
17:000.86.5
18:000.86.1
19:000.85.9
20:000.8774.1
21:005.3644.2
22:000.8074.2
23:000.84

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 07:005.364 at 21:0015.6 at 12:0012:00
GBP/USD1 at 07:006.574 at 21:0021.6 at 12:0012:00
USD/JPY1 at 07:0019.951 at 21:0056.6 at 12:0012:00
AUD/USD0.9 at 07:003.919 at 21:0014.2 at 12:0012:00
USD/CAD1.4 at 07:004.706 at 21:0025 at 12:0012:00
USD/CHF1.3 at 07:005.031 at 21:0019.2 at 12:0012:00
NZD/USD1.4 at 07:005.582 at 21:0015.5 at 12:0012:00
EUR/GBP1.3 at 07:003.264 at 21:006.3 at 07:0007:00
EUR/JPY1.6 at 07:0012.702 at 21:0054.6 at 08:0008:00
GBP/JPY2.193 at 15:0027.712 at 21:0063.9 at 08:0008:00
AUD/JPY1.1 at 07:009.543 at 21:0038 at 08:0008:00
XAU/USD (Gold)25.943 at 23:0026.444 at 21:003956.4 at 13:0013:00
XAG/USD (Silver)3 at 07:003 at 07:0095.3 at 13:0013:00
US Oil (WTI)2 at 07:002 at 07:0096.7 at 14:0014:00
UK Oil (Brent)3.449 at 20:003.906 at 00:0093.8 at 14:0014:00
BTC/USD1000 at 07:001000 at 07:0077356.7 at 14:0014:00
ETH/USD100 at 07:00100 at 07:002923 at 14:0014:00
US500 (S&P 500)40 at 07:0043.535 at 11:002351.7 at 14:0014:00
US30 (Dow)10 at 14:0013.01 at 11:002030 at 14:0014:00
USTEC (Nasdaq 100)112 at 07:00112.474 at 11:0015022.1 at 13:0013:00
DE30 (DAX)7 at 07:0082.7 at 23:001132.3 at 07:0007:00
JP225 (Nikkei 225)31 at 10:0034 at 21:006284.1 at 00:0000:00
UK100 (FTSE 100)98 at 07:001442.01 at 20:005051.3 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 21:00 server time, where the average spread ran about 7× 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, 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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