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Daylight Saving Time Changes October 2023

GBE brokers - Sebastian Schenk - Brille und Anzug vor dunklem Hintergrund – professionelles Profilfoto für Finanzbranche, Beratung oder Trading
Sebastian Schenk Head of Marketing

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Clock surrounded by candlestick charts – symbol of market timing

Please be informed that Daylight saving time will cease on 29th of October in Europe. US Daylight saving ends on 5th of November (one week later). The below overview is showing how that change will affect GBE brokers server and trading times.

Current server setting (GMT+3)

FX EST
17:00

GMT
21:00

Germany
23:00

Cyprus/Server
00:00 / 00:00

After 29th (Server time still GMT+3)*

FX EST
17:00

GMT
21:00

Germany
22:00

Cyprus/Server
23:00 / 00:00

*GBE brokers will not adjust the server time to ensure that server still opens at midnight (00:00) even if FX market opens 1 hour earlier than normal.

After 5th of November when US Daylight ends (Server time will be adjusted to GMT+2 after market close on Friday 03rd of November) *

FX EST
17:00

GMT
22:00

Germany
23:00

Cyprus/Server
00:00 / 00:00

*GBE brokers will adjust the server time from GMT+3 to GMT+2 to ensure that FX market opens at midnight (00:00).

IMPORTANT:

  • From 30th of October to 3rd of November 2023, all European CFD products will open and close 1 hour later.
  • Example symbol DE40.c:
    Current time DE40.c : 09:00 – 23:00 server time
  • From 30th October 2023 to 3rd of November 2023:
    10:00 – 24:00 server time
  • After 6th of November, standard trading time will apply.

We are looking forward to answering your questions by phone at +357 25 28 17 36 and +49 40 605 90 10 40 , also by email at [email protected].

Risk warning
Forex and CFD trading is speculative and therefore not suitable for every investor. GBE brokers Ltd. offers margin trading. Leveraged products can work to your disadvantage as well as to your advantage. You should be aware of all the risks and not use more capital than you can afford to lose. Before opening an account, please read our Risk Disclosure and Terms and Conditions.

Disclaimer
Trade Responsibly: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.00% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Trade Responsibly: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.00% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.