Trading Update – 2 Nov 2023 - FTMO
IMPORTANT UPDATES
AND HOLIDAY SCHEDULE
Be informed every day about the trading hours, holidays and maintenance schedule.

Trading Update – 2 Nov 2023

All times hereafter are expressed in the MetaTrader platform time GMT+3 (CEST+1). From the morning of Sunday 5 November, times hereafter will be expressed in the MetaTrader platform time GMT+2 (CET+1) as reported below.


On Sunday, 5 November 2023, due to Daylight Saving Time ending in North America all platforms will be unavailable for trading for 2 hours from 8:00 am GMT+3 (therefore until 10:00 am GMT+3 or 9:00 am GMT+2) to facilitate the transition. Indeed, at 9:00 am GMT+3, the MetaTrader platform time will be shifted one hour backward to 8:00 am GMT+2. From this date, the difference between CET time and the server time will be 1 hour again as usual. Kindly take this into account for the correct reset time of the Maximum Daily Loss.

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 times will be shifted 1 hour backward again, to the standard trading hours 10:00 – 18:30 in platform time as before the ending of DST in Europe last weekend.


Due to scheduled maintenance on Sunday, 5 November 2023, trading will be unavailable on MT4 Server 3 and MT5 Server 2 only from 1:00 pm to 3:00 pm (GMT+2). Kindly be reminded that on top of this, cTrader also has different trading hours during the weekend. Therefore make sure to manage your trades accordingly.


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.

 

The situation in Ukraine - geopolitical development, sanctions, and markets


Due to the war in Ukraine, traders can experience increased uncertainty in the markets, accompanied by increased volatility on many assets, along with the possibility of price spikes, whipsaws, flash crashes, spread widening and liquidity supply issues. Traders are advised to pay extra caution while trading during these times. Risk management and capital preservation should be the key focus of every trader, just as being aware and adaptive to the market conditions that might be unpredictable or risky.


Unfortunately, at this time, we are not allowed to process payments to regions of Donetsk, Luhansk, and Crimea in Ukraine and our clients from there, as per the latest sanctions imposed in connection with the war in Ukraine. There are also sanctions targeting some Russian banks and high-profile individuals. We are not allowed to process any payouts to clients and banks on the sanction list. Payouts to our clients from/in the subject locations, or being subject to the sanctions list, will be possible once the imposed sanctions are lifted. Crypto payouts are included in the restrictions.

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Previous trading updates:

Besides the regular cTrader Saturday market closure (20:00 - 23:59), trading will also be unavailable on the DXTrade platform from 10:00 to 13:00 due to maintenance.... Read more >
On the 6th April, Saturday: Trading will be unavailable on the cTrader platform from 09:00 to 18:00 due to maintenance... Read more >
Due to maintenance, trading will be unavailable from 10:00 to 12:00 on DXtrade and cTrader platforms. Additionally, due to maintenance, trading will be unavailable from 15:00 to 17:00 across all trading platforms. ... Read more >
View all Trading Updates