Trading updates – 27 Oct 2022 edition
On Sunday, 30 October 2022, all platforms will be unavailable for trading from 3:00 am to 4:00 am GMT+3 due to daylight saving time ending in Europe. At 3:00 am CEST/GMT+2, the clock will be shifted one hour backward to 2:00 am CET – GMT+1.
However, please note that the MetaTrader platform time (GMT+3) will not change until Sunday, 6 November 2022, and until then, there will be a two-hour difference between the server time and your Client Area time (and any time-based metric – from CEST+1 to CET+2). Specifically, kindly note that Prague time (CE[S]T) is the one being used for Max Daily Loss calculation, and after 6 November, CET will be the new notation.
In the period ranging from 30 October to 6 November, there will be no trading hours changes besides the EU shares, whose open and close time will be shifted 1 hour ahead (11:00 am – 7.30 pm GMT+3).
On Sunday, 6 November 2022, all platforms will be unavailable for trading from 8:00 am to 9:00 am GMT+3 due to daylight saving time ending in North America. Indeed, at 9:00 am GMT+3, the server / MetaTrader platform time will be shifted one hour backward to 8:00 am, and will change the notation to GMT+2. From this date, the difference between Prague time and the Client Area time will be 1 hour again as usual.
Please note that all the instruments will have their trading hours unchanged, but will be expressed in GMT+2 instead of GMT+3. The only exception will be EU shares, whose open and close time will be shifted 1 hour backward again.
MetaTrader 4 and 5 mobile applications developed by MetaQuotes have been removed for new download from the iOS App store. The existing already downloaded mobile apps continue to function normally. Unfortunately, this decision as taken by Apple is directly linked to MetaQuotes, and FTMO has no control over the development of the case. We recommend that traders who are affected by this situation use the desktop version of these platforms, alternatively the MT4/5 webtrader. Platform access can be found on the Login Credentials tab within your Account MetriX. It is also possible that updating the iOS to a new version might cause the non-functionality of the downloaded application, yet this is not confirmed. At this stage, we have no official information or estimated duration on when this could be potentially resolved.
From Saturday, 20 August 2022, our MT4 and MT5 platforms calculate free margin based on the account balance instead of the account equity. Also, due to execution reasons, our maximum order size for Forex pairs will be set to 50 lots (only applicable to MT4 and MT5). If you would like to open a bigger position, you will have to simply submit another market order.
Overnight rollover swaps are subject to regular changes and adjustments, reflecting, among other things, interest rate differentials and dividend adjustments. If you are holding positions overnight, please be reminded that it is your responsibility to check these swaps in the contract specification for each symbol, and to adjust (if needed) and manage your positions accordingly. FTMO is not responsible for trading results affected by swap changes or adjustments.