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Measured data

Exness Trading Hours — Spread and Movement by Hour — South Africa

How the measured spread and the average hourly movement change through the trading day on Exness’s MetaTrader 5 feed — measured 15 Aug · 09:31 SAST. 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
07:000.8810×
08:000.86.5
09:000.88.511×
10:000.84.9
11:000.89.512×
12:000.821.126×
13:000.814.518×
14:000.811.915×
15:000.811.114×
16:000.89.612×
17:000.86.7
18:000.85.5
19:000.85.2
20:000.8834.3

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 07:000.883 at 20:0021.1 at 12:0012:00
GBP/USD1 at 07:001 at 07:0025.9 at 12:0012:00
USD/JPY1 at 07:001.563 at 20:0054.5 at 12:0012:00
AUD/USD0.9 at 07:000.9 at 07:0017.6 at 12:0012:00
USD/CAD1.4 at 07:001.667 at 20:0023.6 at 12:0012:00
USD/CHF1.3 at 07:001.3 at 07:0021.1 at 12:0012:00
NZD/USD1.4 at 07:001.4 at 07:0016.4 at 12:0012:00
EUR/GBP1.3 at 07:001.537 at 20:006.3 at 14:0014:00
EUR/JPY1.6 at 07:003.683 at 20:0043 at 12:0012:00
GBP/JPY2.108 at 15:006.902 at 20:0051.2 at 12:0012:00
AUD/JPY1.1 at 07:003.373 at 20:0028 at 12:0012:00
XAU/USD (Gold)25.987 at 10:0026.176 at 18:003171.9 at 12:0012:00
XAG/USD (Silver)3 at 07:003 at 07:0076.3 at 13:0013:00
US Oil (WTI)2 at 07:002 at 07:00100.4 at 13:0013:00
UK Oil (Brent)3.251 at 17:003.606 at 08:0099.8 at 15:0015:00
BTC/USD1000 at 07:001000 at 07:0035104.9 at 14:0014:00
ETH/USD100 at 07:00100 at 07:001439 at 15:0015:00
US500 (S&P 500)49.503 at 07:0051.061 at 13:002362.6 at 14:0014:00
US30 (Dow)11 at 08:0011.977 at 13:002341.4 at 13:0013:00
USTEC (Nasdaq 100)127 at 07:00127.787 at 11:0020085.3 at 13:0013:00
DE30 (DAX)7 at 07:007.154 at 11:00911.4 at 07:0007:00
JP225 (Nikkei 225)35 at 16:0039 at 20:005872.1 at 00:0014:00
UK100 (FTSE 100)99 at 14:00109 at 07:003892.4 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 1× 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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