diff --git a/freqtrade/freqtradebot.py b/freqtrade/freqtradebot.py
index d389750dd..2673feed1 100644
--- a/freqtrade/freqtradebot.py
+++ b/freqtrade/freqtradebot.py
@@ -4,7 +4,7 @@ Freqtrade is the main module of this bot. It contains the class Freqtrade()
 import copy
 import logging
 import traceback
-from datetime import datetime, time, timezone, timedelta
+from datetime import datetime, time, timezone, timedelta, tzinfo
 from math import isclose
 from threading import Lock
 from typing import Any, Dict, List, Optional
@@ -116,10 +116,29 @@ class FreqtradeBot(LoggingMixin):
                 self.update_funding_fees()
                 self.wallets.update()
 
+            local_timezone = datetime.now(
+                timezone.utc).astimezone().tzinfo
+            minutes = self.time_zone_minutes(local_timezone)
             for time_slot in range(0, 24):
-                t = str(time(time_slot))
+                t = str(time(time_slot, minutes))
                 schedule.every().day.at(t).do(update)
 
+    def time_zone_minutes(self, local_timezone):
+        """
+            Returns the minute offset of a timezone
+            :param local_timezone: The operating systems timezone
+        """
+        local_time = datetime.now(local_timezone)
+        offset = local_time.utcoffset().total_seconds()
+        half_hour_tz = (offset * 2) % 2 != 0.0
+        quart_hour_tz = (offset * 4) % 4 != 0.0
+        if quart_hour_tz:
+            return 45
+        elif half_hour_tz:
+            return 30
+        else:
+            return 0
+
     def notify_status(self, msg: str) -> None:
         """
         Public method for users of this class (worker, etc.) to send notifications
diff --git a/tests/test_freqtradebot.py b/tests/test_freqtradebot.py
index 57ab363dd..9b83c8595 100644
--- a/tests/test_freqtradebot.py
+++ b/tests/test_freqtradebot.py
@@ -4,6 +4,7 @@
 import logging
 import time
 from copy import deepcopy
+# from datetime import tzinfo
 from math import isclose
 from unittest.mock import ANY, MagicMock, PropertyMock
 
@@ -4302,3 +4303,28 @@ def test_update_funding_fees(mocker, default_conf, trading_mode, calls, time_mac
     schedule.run_pending()
 
     assert freqtrade.update_funding_fees.call_count == calls
+
+
+@pytest.mark.parametrize('tz,minute_offset', [
+    ('IST', 30),
+    ('ACST', 30),
+    ('ACWST', 45),
+    ('ACST', 30),
+    ('ACDT', 30),
+    ('CCT', 30),
+    ('CHAST', 45),
+    ('NST',  30),
+    ('IST',  30),
+    ('AFT',  30),
+    ('IRST',  30),
+    ('IRDT',  30),
+    ('MMT',  30),
+    ('NPT',  45),
+    ('MART',  30),
+])
+def test_time_zone_minutes(mocker, default_conf, tz, minute_offset):
+    patch_RPCManager(mocker)
+    patch_exchange(mocker)
+    freqtrade = get_patched_freqtradebot(mocker, default_conf)
+    return freqtrade
+    # freqtrade.time_zone_minutes(tzinfo('IST'))