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Free VPS Brokers - 2024 List
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Free VPS Brokers - 2024 List

created Forex ClubJuly 1 2023

Brokers offering free VPS are rare but often traders, especially those who use automated strategies, treat this element as extremely important when looking for their broker. Of course the word "free" also has its price and the fact that a trader does not have to pay for access to a VPS does not mean that he does not have to meet other conditions. We decided to compile some of the most interesting offers from brokers who provide access to VPS, specifying additional criteria. Ready? Let's start!

What is a VPS?

First, let's explain briefly what is VPS for people who have never met him. It's short for Virtual Private Server, i.e. a private server, which in practice is a physical machine, divided into several smaller ones and distributed on-line. VPSs may differ in their hardware parameters (processor, RAM, disk space size, etc.) and the installed operating system. In other words, you can say that a VPS is a virtual computer on which we can, for example, install and run the Forex platform. And thus we smoothly move on to the next question.

Why VPS traders?

VPS will not be useful for every investor, but it turns out that they can have some interesting applications in trading for a selected group of recipients. These are:

  • Trading with the use of EA (automatics, algorithms),
  • Optimization of the order fulfillment process,
  • Increased trader mobility.

Trading with the use of EA (automatics, algorithms)

When trading with the machine on most Forex applications, we must leave the computer turned on and the trading platform with an active EA so that the algorithm can monitor the market and take action on our account at all times. Using a VPS, all we have to do is run the platform and code on this server, thanks to which the need to constantly keep the computer in an active state will disappear. Thanks to this, we reduce the electricity bill, we can freely take e.g. a laptop with us without fear that we will lose the Internet connection and we do not risk that its suspension will affect our machine in any way. Also, if we use a desktop computer, a VPS can be a godsend in the event of longer power outages.

Optimization of the order fulfillment process

As a rule, VPSs (depending on their location) have a very positive effect on the broker's order handling time. By shortening the distance and ensuring a more optimal data flow between the platform and the broker's server, we can even count on shortening the transaction execution time several times. We are talking about savings counted in tens of milliseconds, which may seem ridiculous to some - until they delve into scalping, news trading or HFT. It is for traders using these types of strategies that execution time is super important and can make a significant difference to your bottom line.

Increased trader mobility

Mobile platforms on our smartphones it is already standard. But their functionality still remains very limited. What if there is a way to access our full-size platform from anywhere in the world? With all the chart templates, indicators, analytics superimposed… All you need is a VPS. Of course, operating the desktop platform from a smartphone will still be a bit inconvenient, but on a tablet it's not so bad. For this, we can use a computer, e.g. a friend.

Free VPS brokers

Free VPS is hard to call a standard. Not all brokers choose to do this, because VPS is an additional cost for the company, and an issue "free of charge" it often has to be subject to certain conditions to make it profitable for it. Usually, the criterion that entitles you to get access to a VPS is generating a sufficiently high turnover and/ or payment of a deposit in a certain amount,

Some brokers, instead of fully financing access to the server when certain criteria are met, have gone a different route and offer their clients a discount for self-purchase of services without additional conditions. The broker decided to take this step Tickmill, offering a discount in the amount -20% for the purchase of a VPS at BeeksFX.

Free VPS Brokers - 2024 List

fpmarkets vps logo IC-trading fxpro logo
End Cyprus, Australia, St. Vincent & Grenadines Australia, Mauritius, Cyprus Cyprus
Min. Deposit 50 USD 200$ $100, EUR 100, PLN 500
The model of order fulfillment STP STP/ECN MM
Leverage 1:30 - 1:500 1:30 - 1:500 1:30 - 1:500
VPS service provider Liquidity Connect BeeksFX, Forex VPS, New York City Servers BeeksFX
Condition to receive VPS for free min. rotation 10 lots (Standard account) or 20 lots (RAW account) per month min. rotation 15 flights a month deposit min. $50
CREATE AN ACCOUNT

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. From 68% to 89% of retail investor accounts record monetary losses as a result of trading CFDs. Think about whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Trading with slots vs. VPS

VPSs are usually used by traders trading with the use of EAs. Often these people forget how important it is to control what is happening on our virtual machine and leave their algorithm to itself. It's a mistake. It is worth logging in to the VPS regularly and checking the correct operation of both the platform and the code, as well as the server itself. It is also a good idea to check its load (especially if we use an extensive EA, indicators or many platforms and charts on which the machine is active), as well as regular restarts, e.g. on weekends.

Even though a good VPS stays active 99,8% of the time, there are times when it restarts uncontrollably. Just imagine what could happen if, for example, it would happen at the time of opening the position but just before setting stop loss, and we would have figured it out a week later… The best solution is to follow the old, proven rule: Trust but verify.

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About the Author
Forex Club
Forex Club is one of the largest and oldest Polish investment portals - forex and trading tools. It is an original project launched in 2008 and a recognizable brand focused on the currency market.
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