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You are here: Home / FAQ / What is XM Broker Time Zone

What is XM Broker Time Zone

by Fxigor

Each broker has its own time zone when it operates. So can we change the time zone? Can we change the time in the MetaTrader platform?

XM broker time zone is GMT+2 for wintertime and GMT+3 for summertime. The broker time zone can not be changed, and the user can not change time in the Metatrader platform.

Here you can see Metatrader’s current time, based on the broker’s time zone:
MetaTrader time based on Broker Time Zone

In this example, we talked about XM forex broker:

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XM deposit and withdrawal methods are Credit cards, bank wire, Skrill, Neteller, and various electronic payment methods.

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What time zone does forex use?

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Each forex broker has its own time zone, server time. However, in trading exist London, New York, Tokyo, Sydney sessions, and traders can convert any time zone to calculate opening and closing market time. See GMT sessions  in the following table:

SessionMajor MarketHours (GMT)
Asian Session (GMT)Tokyo11 p.m. to 8 a.m. (23:00 - 8:00)
European Session (London session forex time GMT)London7 a.m. to 4 p.m. (7:00 - 16:00)
North American Session (US session)New Yorknoon to 8 p.m. (12:00 - 20:00)
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Fxigor
Fxigor
Trader at Leanta Capital
Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.

The primary field of Igor's research is the application of machine learning in algorithmic trading.

Education: Computer Engineering and Ph.D. in machine learning.

Igor regularly publishes trading-related videos on the Fxigor Youtube channel.

To contact Igor write on:
igor@forex.in.rs
Fxigor
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