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What time zone is used for Axi Select Performance Fee payouts?Find out the time zone and exact payout time used for Axi Select Performance Fee processing.
Updated 14 days ago

Performance Fee payouts are processed based on MT4/MT5 server time, not your local time zone.

What you need to know:

  1. Payouts are processed at 12:01 AM UTC.

  2. MT4/MT5 server time is GMT+2 when New York observes Eastern Standard Time (EST).

  3. MT4/MT5 server time shifts to GMT+3 when New York observes Daylight Saving Time (DST).

  4. This means the payout time in server time is either 2:01 AM GMT+2 or 3:01 AM GMT+3, depending on DST.

  5. Payouts are deposited at the beginning of the following calendar month, provided all positions are closed at month-end.

Important Note: If there are open positions in your Allocation Account at the end of the month, no payout will be made for that month.

 

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