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Important notices-Changes to GMT timezone on mt4 charts display

26 Nov, 2019

Changes to GMT timezone on mt4 charts display

Important Reminder

On Sunday 1st of December 2019, CWG Markets will be changing the timezone on MetaTrader 4 servers to GMT+2


Dear clients,

This is a follow-up reminder that on Sunday 1st of December 2019, CWG Markets MetaTrader 4 server time will move from GMT+0 to GMT+2.

This is to follow the internationally recognized practice of displaying Forex and CFD charts in GMT+2 and GMT+3 based on “5pm New York”.  As the time in the US moves forward or back depending on US daylight saving, CWG Markets server times will move accordingly between GMT+3 and GMT+2.

Historical charts before Sunday 1st December 2019 will still be displayed based on GMT+0. Charts from 1st December onwards will be displayed based on GMT+2.

As CWG Markets MetaTrader 5 will be newly launched, CWG Markets MetaTrader 5 historical charts and time will be based on GMT+2 and GMT+3.

 

Transition period

Platform time will remain GMT+0 until Sunday 1st of December 2019. On your trading terminal, the market will close on Friday 29th of November 2019 at 21:00 GMT+0. (6am China Standard Time.)

Please note that existing historical charts based on GMT+0 on your trading terminal will not be erased.

Platform time will be GMT+2 from the start of trading week on Monday 2nd of December 2019 00:00 GMT+2. (6.00am China Standard Time)

 

Why the change

This change is the result of CWG Markets growing internationally and being in sync with leading Forex and CFD providers in the market. We have listened to our clients’ feedback and there is a call to move the charts to be in line with “5pm New York”

 

How does it affect you?

The charts will show an opening time of 00:00 platform time. EAs that take Time as a consideration may be affected by this change. You should make the necessary adjustments in your EA settings prior to 1st of December 2019.

Disclaimer

CWG Markets Ltd or any of its affiliates will not be responsible for any losses arising from the change in platform time.



Should you have any queries, please email us at
support@cwgmarkets.co.uk or call us on +44(0)2039471777.