Trading from Uzbekistan: what is different
Gold is Uzbekistan's single largest export, from mines such as Muruntau, one of the biggest open-pit gold mines in the world. The world gold price, XAU/USD, matters to the economy and to the som.
The som has been convertible since the 2017 currency reform, which ended the gap between official and black-market rates. It is not offered as a CFD; accounts are held in US dollars and funded in USDT.
At UTC+5, London opens at 13:00 Tashkent time in winter and New York at 18:00. The London–New York overlap, the most liquid window for gold, runs from 18:00 to 22:00.
Forex market hours in Uzbekistan
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 Uzbekistan.
| Session | Local time, Nov–Mar | Local time, Apr–Oct |
|---|---|---|
| Tokyo session | 05:00–14:00 | 05:00–14:00 |
| London session | 13:00–22:00 | 12:00–21:00 |
| New York session | 18:00–03:00 | 17:00–02:00 |
| London–New York overlap | 18:00–22:00 | 17:00–21:00 |
| Weekly open | Monday 03:00 | Monday 02:00 |
| Weekly close | Saturday 03:00 | Saturday 02:00 |
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 Uzbekistan
- XAU/USD (gold) — Uzbekistan's largest export.
- XAG/USD (silver) and copper.
- EUR/USD and USD/CNH.
- US indices — from the US stock-market open at 19:30 Tashkent time in winter.
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 Uzbekistani som 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 the financial regulator in Uzbekistan. Our registration in St. Vincent and the Grenadines is in progress. We do not provide investment advice or a local office in Uzbekistan.
Before opening an account, make sure the law in Uzbekistan 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
When does forex open in Uzbekistan?
Monday at 03:00 Tashkent time from November to March, and 02:00 from April to October.
When is gold most active in Tashkent?
During the London–New York overlap, 18:00 to 22:00 Tashkent time in winter (17:00 to 21:00 in summer).
What is the minimum deposit from Uzbekistan?
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.