Trading Sessions
Asia open
21:00
London open
07:00
New York open
12:00
Peak liquidity
12:00 – 16:00
Triple swap day
Swap charges are applied at 3× on Wednesday to cover the weekend rollover.
Spread behaviour
Spreads tighten during London/NY overlap
US Dollar vs Canadian Dollar trades Monday 21:05 UTC to Friday 20:55 UTC. There is a daily break from 20:58 UTC to 21:05 UTC. Trading is not available on weekends.
At Afterprime, US Dollar vs Canadian Dollar is available as a CFD, meaning you can go long or short within these hours without owning the underlying asset. All times shown follow the global FX interbank market and adjust automatically for daylight saving changes in London, New York, and Sydney.
US Dollar vs Canadian Dollar typically sees its highest liquidity and tightest spreads during London/New York overlap (12:00-16:00 UTC) (12:00 UTC–16:00 UTC). This 4-hour window accounts for the majority of daily forex volume.
Lower-volume periods, particularly the Asian session, may see wider spreads and thinner order books. For traders on scalping and intraday strategies, timing entries around the London/New York overlap (12:00-16:00 UTC) open tends to offer the most favourable conditions.
US Dollar vs Canadian Dollar has a short daily maintenance break but is otherwise available throughout the entire trading week. Orders placed while the market is closed are queued and filled at the next available open price.
If you have a pending position when the market closes, it will be held overnight and a swap rate will apply. For US Dollar vs Canadian Dollar, the current swap rates are 1.83 points long and -11.69 points short, with a triple swap applied on Wednesday.
USDCAD opens Monday at 21:05 UTC.
USDCAD closes Friday at 20:55 UTC.
The triple swap is charged on Wednesday for USDCAD positions held overnight.
Yes. USDCAD has a short daily break from 20:58 UTC to 21:05 UTC.
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