I have been using GoMarkets MT4 as im in Australia. (http://www.gomarketsaus.com/metatrader4)

But the time on the charts isn't Australian moment? It differs so or by 8 hours. Why is this, is it altered?

Second issue I have is, it seems like they go to an excess decimel point in the price. eg. GBP/USD is 1.63731
So the last digit (the 1) is that really 0.1 of a pip?

Is this altered?

Thanks.