Question: How to change GMT time settings on MT4 and MT5?
Unfortunately, this is not possible.
The timezone is automatically set to GMT+2 and changes to GMT+3 during the US Daylight Savings Time.
The change of GMT setting occurs to ensure that the MT4 is synchronized with the New York Session closing time.
By setting the time to the New York Session closing time, price charts can be shown easier with candlesticks.
This is not only the case of FXTM, but of all MT4 brokers.
You may try other brokers if they have got an option to change the time in MT4 though, it is the default limitation of the trading platform, you cannot change it anyway.
Change the display time
For some users who cannot stand to use the trading platform in GMT+2, then you may find an EA(expert adviser) to change the time setting in MT4.
FXTM does not provide EAs for online traders, but you may be able to find one within social communities such as MQL4.
Alternatively, you can also choose to use ‘cTrader’ trading platform which you can change the display time on the platform.
cTrader, an ECN (Electronic Communication Network) trading platform offers several different features than MT4 and MT5.
For more information and the list of cTrader online broker, please visit the page below.