What is the time zone shown in the cTrader terminal? : Fusion Markets

What is the time zone shown in the cTrader terminal? Print

Modified on: Mon, 11 Mar, 2024 at 7:14 PM

The Fusion Markets platform currently operates using ‘New York Close’ charts, which is GMT+3.

Why is the time shown using GMT +3?

Fusion Markets uses GMT+2/+3 (depending on daylights savings) as it corresponds with 5 pm EST in New York, the typical conclusion of the trading day in the currency market. This is because the Forex market opens on Sunday at 5 pm EST and closes on Friday at 5 pm EST. Why is this important? Many traders believe it is better for technical analysis as there are only five equal daily candles in a trading week. For more information, contact us. 

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What is the time zone shown in the cTrader terminal? Print

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