Trading from Nepal: what is different
Nepal is one of very few countries on a 45-minute offset (UTC+5:45). The London session opens at 13:45 Nepal time in winter, New York at 18:45, and the forex week opens at 03:45 on Monday morning.
The Nepalese rupee is pegged to the Indian rupee at 1.6 NPR per INR, so it moves with the rupee against the dollar. USD/INR is available as a non-deliverable forward (NDF) CFD — the closest proxy on the platform for the dollar against the Nepalese rupee.
Nepal Rastra Bank tightly controls foreign exchange and has warned against forex margin trading. Read the regulation section below and check the position carefully before opening an account.
Forex market hours in Nepal
The forex market is open 24 hours a day from Monday to Friday, passing from Asia to Europe to North America. These are the main sessions converted to local time in Nepal.
| Session | Local time, Nov–Mar | Local time, Apr–Oct |
|---|---|---|
| Tokyo session | 05:45–14:45 | 05:45–14:45 |
| London session | 13:45–22:45 | 12:45–21:45 |
| New York session | 18:45–03:45 | 17:45–02:45 |
| London–New York overlap | 18:45–22:45 | 17:45–21:45 |
| Weekly open | Monday 03:45 | Monday 02:45 |
| Weekly close | Saturday 03:45 | Saturday 02:45 |
The busiest hours for the major pairs and gold are usually the London–New York overlap. Spreads tend to be widest around the daily rollover and in the first hour after the weekly open.
Markets to watch from Nepal
- USD/INR (NDF) — the Indian rupee, to which the Nepalese rupee is pegged.
- XAU/USD (gold).
- EUR/USD and GBP/USD — from 13:45 Nepal time in winter.
- USD/JPY — during the Asian morning.
Accounts and funding
| Account | Minimum deposit | EUR/USD spread | Commission |
|---|---|---|---|
| Standard | $100 | From 1.0 pips | None |
| Pro | $1,000 | From 0.6 pips | None |
| Raw ECN | $5,000 | From 0.0 pips | $7 per lot |
Accounts are held in US dollars and funded in USDT on BNB Smart Chain (BEP20) or Tron (TRC20). There is no Nepalese rupee conversion inside your account; any conversion happens wherever you buy or sell USDT. Identity verification is completed once, before your first withdrawal.
Regulation and your responsibility
AlphaFX Pro is an international broker and is not licensed by Nepal Rastra Bank and the Securities Board of Nepal (SEBON). Our registration in St. Vincent and the Grenadines is in progress. We do not provide investment advice or a local office in Nepal.
Before opening an account, make sure the law in Nepal allows you to trade CFDs with a broker based outside the country, and check any rules on moving money abroad. If you are not sure, ask us before you deposit.
Frequently asked questions
What time does the forex market open in Nepal?
Monday at 03:45 Nepal time from November to March, and 02:45 from April to October.
Is the Nepalese rupee pegged?
Yes, to the Indian rupee at 1.6 NPR per INR. USD/INR is available as an NDF CFD.
What is the minimum deposit from Nepal?
The Standard account opens from $100, funded in USDT. Pro starts at $1,000 and Raw ECN at $5,000.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This page is general information, not investment advice. Read the Risk Disclosure.