IC Markets, a prominent global multi-asset broker, has announced changes to its trading schedule as the United States transitions to daylight saving time (DST) on March 12, 2023. This shift will impact the server time zones for trading on MT4, MT5, and cTrader platforms offered by IC Markets.
Daylight Saving Time (DST) is a practice that involves moving the clock forward by one hour during the warmer months to make better use of daylight. Essentially, DST aims to "save" daylight hours during the summer season. This practice entails advancing the official time by one hour ahead of the standard time zone, resulting in a day that is 23 hours long during the transition from late winter to early spring.
Traders need to take note that these changes in time zones may affect various trading tools such as Expert Advisors (EAs), custom indicators, and more. Traders may need to make necessary adjustments to their trading time settings before the onset of Daylight Saving Time.
IC Markets has worked to ensure that the adjustments to trading schedules for most currencies and commodities will not be impacted by DST changes in the United States. However, certain trading instruments may open one hour earlier on Monday mornings, as some regions may not synchronize with the U.S. time changes.
IC Markets has thoughtfully provided updated trading schedules to accommodate the transition to DST on MT4, MT5, and cTrader platforms, with the new GMT+3 time zone. These updates aim to facilitate a seamless trading experience for clients during the DST transition.