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FXCM MT4 VPS
Review
(https://www.fxcm.com/platforms/metatrader-4/free-mt4-vps/)
4.5/5
Rating
$30
Basic Monthly Price
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INTRODUCTION The FXCM VPS service is a forex VPS service offered exclusively by Forex Capital Markets LLC, a US-based company which has several global subsidiaries. FXCM VPS offers its clients […]

Features

Basic Monthly Price:
$30
RAM:
1-2GB
Servers:
New York, London
Server:
Microsoft Windows Server 2012
Disk Space:
30-100GB
CPU Cores:
Not known
MT4:
EAs:
Free Setup:
24 / 7 Support:
Free Setup:
Latency:
Low latency
Uptime:
99%
Payment Methods:
Support Type:

Introduction

INTRODUCTION

The FXCM VPS service is a forex VPS service offered exclusively by Forex Capital Markets LLC, a US-based company which has several global subsidiaries. FXCM VPS offers its clients ultra-low latency access to the major data centres by plugging its trading platforms to the services of a third-party VPS service.

PLATFORMS

FXCM VPS is built to work exclusively with the FXCM MT4 forex platforms. The forex VPS service does not work with FXCM’s other two trading platforms (TradeStation and NinjaTrader).

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PACKAGES

The FXCM VPS service for forex traders is a partnership between the forex company and third party VPS providers who offer the service under the arrangement. Two of such partners offer these services to FXCM’s users under different packages and conditions. FXCM VPS offers two VPS packages across its user base. Here are the features of each package.

a) FXColo.com

The first of the two VPS servers that is configured to work with the FXCM platforms is hosted by FXColo.com. It has the following features:

  • Memory: 2,560 MB
  • Disk Space: 100 GB
  • OS: Windows Server 2012 R2, 64 Bit

b) BeeksFX.com

The second provider is BeeksFX.com, which offers FXCM’s users a forex VPS service with the following features:

  • Memory: 1,680 MB
  • Disk Space: 30 GB
  • OS: Windows 2012 Server Datacenter Edition

IP LOCATIONS

FXCM VPS’s servers are located in the Equinix data centres in New York and London, which is where most of the market moving forex news emanates from. If your broker is located in any of these two cities, then you can have the best latency times on your platforms.

This offers traders with FXCM unlimited access to the forex VPS service. FXCM’s forex brokerage services are unbundled and the service to the US market is offered separately from the UK division’s services which are offered to the rest of the world. By providing data centres in the US and UK, the FXCM VPS service is available to all FXCM forex traders who use the MT4 platform.

HOW TO SUBSCRIBE

Subscribing to the FXCM VPS service is a 3-step process which is carried out as follows:

Step 1: Register for a trade account with FXCM. This will require you to provide your name, email and FCM account number after registration.

Step 2: Select one of the two VPS services to which FXCM is attached.

Step 3: Fund your trading account with at least 5,000 units of base currency (USD, AUD, GBP, Euros), or at least 500,000 JPY. You must maintain an account balance of at least 5,000 units of base currency or you will have to pay a monthly fee of at least 30 units of base currency. This fee is usually taken from the trader’s accounts.

Due to the nature of the payment arrangement for the FXCM forex VPS services, all traders need to do to qualify to use the service is to fund their accounts using the banking channels provided by FXCM for account deposits. These channels are:

a) PayPal

b) Bank wires

c) Credit/debit cards

Please note that there may be geographical restrictions on which payment methods can work within a trader’s location.

CUSTOMER SUPPORT

How can the customer service desk on FXCM VPS be reached? FXCM has a robust customer service department. Traders can contact them using several channels to solve any challenges regarding the usage of their forex VPS services. Channels of communication for the customer support team are as follows:

  1. Using the contact form on the “Contact Us” page, which sends any requests made using the contact form via email to the support staff.
  2. Using the Facebook or Twitter social media feeds to connect with FXCM VPS.

Requests are handled with dispatch.

SUMMARY

FXCM VPS offers several attractive features to its traders and ensures that they get only the best possible deal. The best part of using FXCM VPS services is that the VPS is automatically synchronized to run EAs that are traded on the platforms of several brokers. These brokers are as follows:

  1. FP Markets
  2. FxPro
  3. com
  4. FXOpen
  5. IG Markets
  6. CitiFX Pro
  7. FXDD
  8. Pepperstone
  9. TitanFX
  10. Dukascopy
  11. Hotforex
  12. ADS Securities
  13. Admiral Markets
  14. Liquid Markets
  15. Oanda, and several other brokers.

Therefore, all you need to do is to open a forex account with these partner brokers and sign up for the VPS services from within the broker’s interface to get connected to the amazing trading power of the FXCM VPS services.

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