What happens at the reset
- The daily floor is set again from the anchor your firm uses.
- The day’s loss count starts over.
- Trading days are counted from one reset to the next.
One instant, several clocks
The forex trading day closes at 17:00 New York. Many brokers run their server clock so that midnight on the server is that same moment all year, which is why MetaTrader shows GMT+2 in winter and GMT+3 in summer.
| Period | New York | UTC | Server (New York close) | Midnight CE(S)T in UTC |
|---|---|---|---|---|
| US and EU winter time | 17:00 | 22:00 | 00:00 (GMT+2) | 23:00 |
| US and EU summer time | 17:00 | 21:00 | 00:00 (GMT+3) | 22:00 |
| 8 to 29 Mar 2026 | 17:00 | 21:00 | 00:00 (GMT+3) | 23:00 |
| 25 Oct to 1 Nov 2026 | 17:00 | 21:00 | 00:00 (GMT+3) | 23:00 |
The US and the EU change clocks on different Sundays. In the two gaps each year, a 17:00 New York reset and a midnight Central European reset are two hours apart instead of one. The server column assumes a broker whose server clock follows the New York close.
The mistakes that cost an account
- Converting the reset to your local time once and not again when daylight saving changes.
- Assuming your broker’s server midnight is your firm’s reset. It is only when the firm says so.
- Holding a losing trade through the reset without counting its open loss against the new day’s room.
At FundedTick
The countdown is the reset
Every account in your trader panel shows a countdown to the next daily reset. When it reaches zero, the daily floor is set once from your balance at that moment and holds until the next one. No clock arithmetic, no daylight-saving table.