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Measured data

Exness Trading Hours — Spread and Movement by Hour — Pakistan

How the measured spread and the average hourly movement change through the trading day on Exness’s MetaTrader 5 feed — measured 28 Aug · 12:53 PKT. 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
01:000.87.810×
02:000.87.3
03:000.84.9
04:000.84.8
05:000.86
06:000.87.910×
07:000.810.313×
08:000.810.613×
09:000.89.712×
10:000.89.211×
11:000.810.313×
12:000.816.621×
13:000.815.219×
14:000.813.517×
15:000.811.815×
16:000.87.3
17:000.87.710×
18:000.86.7
19:000.86
20:005.1064.5
21:001.9524.3
22:000.84.3
23:000.84.4

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 07:005.106 at 20:0016.6 at 12:0012:00
GBP/USD1 at 07:008.389 at 20:0023.9 at 12:0012:00
USD/JPY1 at 07:004.925 at 20:0031.3 at 12:0012:00
AUD/USD0.9 at 07:004.253 at 20:0012.8 at 01:0001:00
USD/CAD1.4 at 07:002.886 at 20:0019.6 at 13:0013:00
USD/CHF1.3 at 07:002.593 at 20:0018.3 at 13:0013:00
NZD/USD1.4 at 07:005.804 at 20:0013.5 at 12:0012:00
EUR/GBP1.3 at 07:002.928 at 21:007.7 at 14:0014:00
EUR/JPY1.6 at 07:008.01 at 20:0022.3 at 12:0012:00
GBP/JPY2.102 at 06:0019.194 at 20:0030.2 at 12:0012:00
AUD/JPY1.1 at 07:005.185 at 20:0016 at 01:0001:00
XAU/USD (Gold)26 at 07:0027.04 at 21:003258.3 at 12:0012:00
XAG/USD (Silver)3 at 07:003 at 07:0095.4 at 01:0001:00
US Oil (WTI)2 at 07:002 at 07:00102.4 at 08:0008:00
UK Oil (Brent)3.37 at 15:004.946 at 23:0099 at 08:0008:00
BTC/USD1000 at 07:001000 at 07:00103101 at 08:0008:00
ETH/USD100 at 07:00100.052 at 08:003749.7 at 14:0014:00
US500 (S&P 500)40 at 07:0044.009 at 21:002422.4 at 13:0013:00
US30 (Dow)10 at 13:0013 at 07:002233.7 at 13:0013:00
USTEC (Nasdaq 100)112 at 07:00112.345 at 10:0022455 at 13:0013:00
DE30 (DAX)7 at 07:0067.034 at 22:00961.1 at 07:0007:00
JP225 (Nikkei 225)31 at 09:0034 at 20:006905.9 at 00:0000:00
UK100 (FTSE 100)98 at 07:00860 at 20:004179.9 at 13:0013:00

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 20:00 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 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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