XMTrading offers VPS for trading, and we recommend it because it is free to use, and we will introduce and explain the conditions, specifications, services, and server settings. A VPS is essential for those who engage in automated trading. XM allows you to use VPS for free. Even though it’s free, it runs smoothly and the specs are sufficient compared to other companies. It has a good reputation and is used by many people. There are conditions to use XM’s VPS for free. Please note that if you do not meet the conditions, the money will be deducted from your account.
What is VPS?
VPS is an acronym for Virtual Private Server. You can rent a server from a VPS company and use it by connecting remotely from your home PC. Automated trading has the advantage of being able to monitor trading opportunities while the market is moving, but to keep the automated trading system running, MT4/MT5 must be kept running.
My home computer has its limits. However, with VPS, you can run MT4/MT5 without any worries. If you rent a VPS near the Forex broker’s trading server, you will be able to speed up the communication and speed up the execution speed because there is no geographical distance.
Server location matters
The point to consider when choosing a VPS is where the VPS server is located, as it relates to the execution speed. Forex brokers’ servers are often installed in the world’s financial centers of New York and London, but if you are a forex broker who focuses on the trading environment for Asian customers, you can also trade in Asia. I also have a server set up. XM trading servers are located in London.
Recommended for Mac users
Although it is not well known, VPS is highly recommended not only for those who have used EA but also for Mac users. The advantage is that you can use all the functions of MT4/MT5 without putting a burden on your PC’s memory or hard disk. Runs on a computer and provides high performance. If you have a lot of investment funds, you can operate multiple businesses, although there is some risk. You can also use the app as standard.
XM Trading VPS
XM has the benefit of being able to use free VPS. If you meet the conditions of account balance and trading lot at XM, you can rent a VPS for free. Even if you do not meet the conditions, you can contract the same VPS for a fee ($28 per month) via XM. Members can also install and operate the app on their desktop or smartphone. You can trade 24 hours a day without any problems. For reference, VPS can also be used by other companies such as exness, threetrader, hfm, easy markets, axiory, titanfx, bigboss, etc.
Conditions for using a free VPS
With XM, you can sign up for a VPS for free if you meet the following conditions. Therefore, the hurdles are very low, so if you have a proven track record, you will be eligible immediately. On the 1st of each month, if either condition is not met, $28 will be automatically deducted from your account balance. When the account balance reaches 0 and withdrawals are no longer possible, the VPS contract will be automatically canceled and deleted, all data will be lost, and operations will stop and be closed.
- Trading more than 5 lots (500,000 currency) per month
- Account balance over $5000
VPS specs
VPS performance is compared using CPU, memory, and HDD values, similar to PC specifications. The performance of VPS is as follows. XM’s VPS is the cheapest bronze plan among the VPS plans provided by Beeks, but Beeks recommends a maximum of 9 charts and 3 MT4s. It has the highest specs in total among free products, including cores, capacity, and speed. Don’t worry, you can add, change, or cancel your subscription later on, even after you’ve started.
| OS | Windows 2012 R2 |
| CPU | 1 Core |
| MEMORY | 1.3GB |
| HDD | 25GB |
Beeks support
As stated on the XM official website, “Support after applying for VPS service will be provided directly in English by BeeksFX, the VPS provider.” As stated, “Support after applying for VPS service will be provided directly in English by BeeksFX, the VPS provider.” Communications sent by Beeks, such as notification emails, are generally in English. Beeks has a complete support system. Our current dedicated support hours are as follows: In the event of a power outage or application, please contact us via email.
| URL | Home Page |
| Live Chat | AM9:00～PM10:00(Japan Time) |
| Email Support | support-ty3@beeksfx.com (Japan Department) support@beeksfx.com (Global Department) |
How to apply for VPS
Now let me explain how to apply for Beeks VPS.
Log in to the official XM website. Then select your VPS from “Account”. Even with the introduction of VPS, investors are given swap points, and scalping and double trading are also possible. The fees will be the same, and there will be no difference in the trade content. You will also receive a bonus at the same time, so you can apply for it from My Page. Operation speed depends on communication speed.
https://my.xmtrading.com
For the English version, select VPS Service from “Account”.
When the application page is displayed, check the details of the terms and conditions and click “Request VPS”. You can check if the VPS is paid or free on this page. If the account balance is less than $28 (equivalent amount), only the “Deposit” button will be displayed, so first perform the deposit procedure and then make a request.
The VPS request confirmation screen will be displayed, so click “Confirm”. Your request is complete when you see the “XM MT4/MT5 VPS – Your request has been received” screen. Beeks will contact you directly after this.
How to access VPS
Once Beeks has completed setting up your VPS, an email with the subject “Welcome to Beeks Financial Cloud” will be sent to your XM registered email address. Make a note of “Username” and “Initial Password” to connect to the VPS.
Download RDP file
To access the VPS, use the PC’s “remote desktop connection” function, but if the PC is Windows, you can easily access it with the RDP file sent by Beeks. An RDP file is a file that contains VPS information in advance so that you can easily access the VPS.
Visit VPS
When you open the RDP file, you will see the message “The publisher of this remote connection cannot be identified. Would you like to connect?” Click “Connect”.
The VPS access screen will be displayed, so please enter the username and initial password described in the email from Beeks. When using Beeks’ RDP file, the user name is usually entered in advance, so you only need to enter the password.
Compare VPS of XM and other Forex companies
We will update and compare the performance of the FX brokers provided by VPS and the general virtual environment by category, so let’s check it out. Choose the option that most closely matches your intentions and goals. Speed and specs are important when moving. Also, please use the content at your own risk. Nowadays, standards have improved, and high-spec features are listed. If you have any questions, please feel free to ask the management.
Free VPS
| XM | GEMFOREX | FBS | Traders Trust | |
| Fee per month | $28 | $28 | $28 | $30 |
| memory | 1.5 GB | 1.0 GB | 4.0 GB | 1.3 GB |
| CPU | 1 Core | 1 Core | ? | 1 Core |
| HDD | 20GB | ? | 60 GB | 25 GB |
There is no big difference in specs for transactions between VPS from any vendor. If you feel that the specs are small and unsatisfactory, consider a paid VPS instead of a free VPS. Using just one can make a big difference.
Paid VPS
| XM(Beeks) | VULTR | FX VPS | W2Cloud | |
| Fee per month | $28 | $20 | $24.99 | $18.5 |
| memory | 1.5 GB | 4.0 GB | 2.0 GB | 2.0 GB |
| CPU | 1 Core | 2 Core | 1 Core | 2 Core |
| HDD | 20GB | 60 GB | 40 GB | 20 GB |
XM’s VPS has slightly lower specs than paid VPS. If you meet the conditions, you can use it for free, so it can’t be helped that it’s inferior to a paid VPS. In paid VPS, VULTR has high specs and is used by traders all over the world.
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