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Measured data

Exness Trading Hours — Spread and Movement by Hour — Papua New Guinea

How the measured spread and the average hourly movement change through the trading day on Exness’s MetaTrader 5 feed — measured 20 Sep · 07:31 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.

BTC/USD hour by hour (measured)

Hour (server)Avg spread (pts)Avg movement (pts)Movement per pt of spread
00:00100042807.643×
01:00100046111.346×
02:00100051204.951×
03:00100035194.335×
04:00100027659.728×
05:00100027265.427×
07:0010003022330×
08:00100038718.939×
09:00100038535.439×
10:00100022867.923×
11:00100033219.733×
12:00100037868.938×
13:00100092666.993×
14:00100063694.464×
15:00100049990.350×
16:00100038929.339×
17:00100050837.951×
18:00100075410.475×
19:00100040753.141×
20:00100039510.640×
21:00100031477.731×
22:00100040568.941×
23:00100034324.934×

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
BTC/USD1000 at 07:001000 at 07:0092666.9 at 13:0013:00
ETH/USD100 at 07:00100.026 at 16:003648 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 BTC/USD hour was 07:00 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 02:00, 03:00, 04:00, 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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