Providing VPS services and advanced technical indicators are useful materials for investors. However, not every exchange offers these tools without fees. XM is one of the few exchanges that offers VPS services without requiring fees. Please follow the article below with MForex to gain a deeper understanding of XM VPS!
Information about XM VPS
What is XM VPS?
XM VPS (Virtual Private Server) is a service provided by MForex. To assist traders in conducting transactions on the foreign exchange (Forex) market. VPS is a virtual server configured to operate continuously and stably. Especially when the Internet connection and power source have problems.
VPS service allows traders to install and run their trading software on virtual servers. Make sure their transactions are seamless. Does not depend on your personal computer’s Internet connection. This is important for trades requiring high precision or automated trading strategies.
XM VPS service provides a stable, secure, and optimized environment for Forex trading. It helps traders avoid interruptions caused by connection and computer problems.
Specifications of XM’s free VPS server
The basic parameters of the XM VPS server are as follows:
- Windows Server 2012
- RAM 1.5 GB
- Hard drive capacity 20 GB
- 600 MHz dedicated CPU power
The conditions of XM’s free VPS are the same and optimal for all users.
How does the XM VPS server work
- Remote connection: When you use VPS, you are essentially connecting to a remote computer located at XM’s data center. This allows you to access and manage your virtual private server from anywhere. Maybe even via mobile devices.
- Stable Internet connection: VPS is located in a data center with a stable and high-speed Internet connection. This ensures that you can make transactions more quickly. And no problems due to weak internet connection speed.
- Integrated EA and technical analysis: VPS allows you to run Expert Advisors (EA) without having to keep your personal computer running all the time. You can also install and use the technical indicators that XM provides. The purpose is to analyze the market and make trading decisions.
- Guaranteed 24/5 operation: VPS operates 24 hours a day. 5 days per week. Make sure you can make trades at all times, even when your personal computer is turned off.
- Not affected by problems: You do not need to worry about problems such as power outages or computer problems when using XM VPS. The virtual private server is maintained and managed by XM, ensuring stable operation.
>>>See more: Find out what forex XM broker is? Is XM review reputable?
Conditions for using XM VPS for free
XM Free VPS Promotion is available to all traders of the broker. However, there are still certain conditions.
- You can own a VPS with the above conditions for free as long as you have over 5,000 USD. Trade 5 standard lots (rotation) per month.
- Otherwise, you can pay $28 monthly for VPS service.
- Fees will be automatically deducted from your live trading account.
- If you do not have enough free margin to pay the monthly VPS fee, the VPS service will be disabled from your account.
- A standard 5-lot trading volume is not too difficult for traders with an EA.
During the review of the conditions for receiving the free VPS service, XM also considers all other trading accounts that the client has registered with the same email address.
If customers do not meet the stated requirements, they can still request XM VPS services through the Members Area for $28/month. This fee will be automatically deducted from the MT4/MT5 account on the first working day of each month. Besides this fee, XM also wants to note an important differential cost that participants should know: XM CFD.
Advantages of using VPS from XM promotion
Quickly match orders with VPS on the XM Forex exchange
XM VPS helps you establish a remote connection to a Virtual Private Server at XM’s data center in London. It is only 1.5km away and is equipped with a fiber optic connection. This service allows you to take full advantage of XM’s impressive execution performance without having to worry about issues that could affect your ability to trade effectively. It could be internet connection speed, computer problems or even power outages.
On a VPS platform, your EAs (Expert Advisors) will operate continuously without you having to monitor or even turn on your computer. This service gives you access to Windows Server 2012 with a 1.5 GB RAM configuration. 20 GB hard drive capacity and exceptional 600 MHz CPU.
Trade with XM’s free technical indicators
In addition to VPS services, investors can also take advantage of free technical indicators. Which XM provides to support technical analysis. Provides a series of special technical indicators as follows:
- Ribbon Indicator: Track the main trend and recognize consolidation zones, predicting reversals. It is intended to help determine a good time to make a trade.
- River Indicator: This is a versatile trend indicator that shows which trend the market is in. At the same time, analyze the strengths and weaknesses of the trend and monitor price movements.
- Ichimoku indicator: Identify support and resistance levels, and analyze strong trends. Along with that is predicting the direction of the price.
- Bollinger Bands Indicator: Supports trading in volatile markets, determining entry points. It also helps identify important price levels.
- ADX and PSAR Indicators: Identify market consolidation, and recognize the beginning of a trend. Besides, it also determines the appropriate time to trade and recognizes when the trend reaches critical conditions.
- Analyzer Indicator: Second-by-second analysis, tracking trends over time, helps quickly identify the best products to trade.
>>>See more: The most detailed way to XM login account on your phone
Instructions for connecting to your XM VPS
Below are the steps to connect to VPS:
- Step 1: Start by pressing the “Start” button and typing “Remote Desktop Connection” into the search box. When the results appear, click on the “Remote Desktop Connection” option.
- Step 2: Type the IP address of the VPS you received into the “Remote Desktop Connection” window and then select “Connect”.
- Step 3: To connect to XM VPS, enter your VPS username and password.
- Step 4: When you connect for the first time, a security prompt may appear. You need to confirm that you want to connect, despite the usual security warnings.
Conclude
So, together we have learned about the XM VPS service and the free technical indicators that MForex provides. These services support your trading process. Don’t hesitate to open an XM account now to be able to trade Forex smartly and effectively!
FAQ
What is VPS service on XM?
XM VPS is a service that allows traders to remotely connect to virtual servers. This enhances their trading capabilities. By eliminating factors that can cause obstacles. For example, the internet connection speed is not strong enough, and there are computer problems or power outages.
How to get free XM VPS?
To get it for free, you need to maintain a minimum balance of 5,000 USD (or equivalent). Make at least 5 round orders (both buy and sell) on your real account every month.
If I don’t meet the criteria to get VPS from XM for free, can I still use it?
Have. If you don’t meet the criteria for getting it for free, you can still request VPS service. It is located in the Members area and costs $28/month.
