Trading operations rely on server time because it sets the standard clock for all trading activities, including trade openings, closings, and resets. It ensures consistency in time-sensitive actions like Daily Loss Limits, swap charges, and market closure.
During daylight saving time, which typically occurs in the summer months, the server time is set to (GMT + 3).
For the rest of the year, when daylight saving time is not in effect, the server time is adjusted to GMT +2.
Why is there a difference between the server times?
It's important to note that daylight saving time is a practice of advancing clocks during the summer months to extend evening daylight and conserve energy. FundedNext adjusts its server time based on daylight saving time changes.