Compare Accounts. No, you do not. You will only be invoiced for the period beyond your free Forex VPS. The system automatically calculates monthly trading traffic. The platform will calculate used traffic and send an invoice with the details every first day of the month.
Free VPS Hosting from Forex Brokers
How to enable the VPS server service?
Trades are executed via the server. VPS hosting became a part of the Forex trading scene when the ability to do automated trades came about with the introduction of Expert Advisers or trading robots. Some brokers offer free VPS hosting, while others make a charge. We should point out that Forex brokers with free VPS will often have certain requirements that must be fulfilled, in order to take advantage of VPS for free. These usually revolve around account balance or trading volumes. And maybe even both. In order to help with the decision about whether Forex brokers with free VPS are for you, it will help to understand the principles behind VPS hosting and gain a little more understanding of how it all works. Virtual Private Server hosting is basically a server within a bigger server. Every website, that is hosted on a virtual private server, has access to more powerful hardware.
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Free VPS Service
Forex traders who employ automated trading strategies understand the importance of fast and dependable VPS hosting. Many forex brokers now provide free virtual private servers so long as you meet the account balance and volume requirements. Nowadays, individual forex traders can quite easily employ automated trading strategies on trading platforms such as MT4, MT5 and cTrader. These platforms allow for both manual trade execution and the incorporation of algorithmic trading strategies represented in various programs.
If this condition is not fulfilled, a monthly fee for using the service is 5 USD. The service is free but available only at the level of funds Equity on your trading account exceeding USD excluding active bonuses or its equivalent in another currency. To use the service, the client has to perform on their trading accounts the number of transactions equal to at least 3 standard lots. If access to the VPS-server is received after the 15th of the month, the turnover accounting will be carried out from the 1st of the next calendar month. To re-enable the service, the client has to not only fulfill the requirements for the Equity USD but also the requirements for the transaction volume of at least 3 lots without time limits calculation of the transaction volume starts with the month the service was disabled and continues in the following months.