Are you trading forex on ICMarkets and want to increase your trading efficiency? Do you want to use a virtual server (VPS) to run trading robots or automated strategies? In this article, Learn Forex Trading will introduce you to ICMarkets VPS. At the same time, how to use ICMarkets VPS Free? Learn about the tools on the exchange, the benefits of using ICMarkets VPS, and some common errors and how to handle them.
What is VPS ICMarkets? Can I use ICMarkets VPS Free?
Overview of ICMarkets VPS
VPS (Virtual Private Server) means private virtual server. This is a type of server provided by a service provider. Thereby, allowing you to access and control remotely via the internet. You can install software, applications, and files on VPS. Similar to operating with a personal computer.
ICMarkets VPS is a type of VPS designed specifically for forex traders on ICMarkets. ICMarkets VPS allows you to run trading robots (EAs). Or automated strategies on the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms without having to leave your computer on all the time. You just need to connect your VPS to your trading account on ICMarkets. You can then freely turn off your computer without affecting the operation of trading robots or automated strategies.
How to use ICMarkets Free VPS?
To use ICMarkets VPS Free, you need to meet the following conditions:
- Have a live trading account on ICMarkets.
- Maintain a minimum balance in your trading account of 500 USD or equivalent.
- You must make at least 15 trading lots per month.
If you do not meet the above conditions, you can still use ICMarkets VPS. However, you will pay a monthly fee to the provider. This fee can range from $10 to $50 depending on the provider and service plan you choose.
Instructions for logging into VPS ICMarkets
To log in to VPS ICMarkets, you need the following information:
- VPS IP address
- VPS username and password
- Remote Desktop Connection (RDC) software or similar software
You can receive the above information from your VPS provider after you sign up and pay for the service. Then you can follow these steps to log in to ICMarkets VPS:
- Open RDC or similar software on your computer.
- Enter the VPS IP address in the Computer box and click Connect.
- Enter the VPS username and password in the Username and Password boxes and click OK.
>>>See more: Instruct with an ICMarkets open account swiftly
What does ICMarkets VPS Free have?
Partners associated with VPS ICMarkets
ICMarkets cooperates with many reputable VPS providers. Thereby, giving you many options when using VPS ICMarkets.
ForexVPS.net
This is one of the leading VPS providers for forex traders. ForexVPS.net has servers in New York, London, Amsterdam and Frankfurt. ForexVPS.net also has a 24/7 technical support team. Thereby, helping you solve problems related to VPS quickly. If you want to use ForexVPS.net, you will have to pay 20 USD per month for the Basic package, or 30 USD per month for the Advanced package. However, if you meet the conditions to use ICMarkets VPS Free. You will receive a 100% refund of this fee to your trading account.
BeeksFX
This is a specialized VPS provider for forex and CFD traders. BeeksFX has servers in London, New York, Hong Kong, Tokyo, and Frankfurt. BeeksFX also has a 24/7 technical support team, helping you solve VPS-related problems effectively. If you want to use BeeksFX, you will have to pay 27 USD per month for the Bronze plan, or 45 USD per month for the Silver plan. However, if you meet the required conditions, you will receive a 100% refund.
CNS is also known as Commercial Network Services
This is a reputable and long-standing VPS provider for forex traders. CNS has servers in New York, London, Los Angeles, and San Diego. CNS also has a professional support team that can help you resolve VPS-related issues quickly. If you want to use CNS, you will have to pay $35 per month for the Trader’s VPS Standard Edition package, or $50 per month for the Trader’s VPS Advanced Edition package. Traders will have this 20 USD fee refunded to your trading account when certain conditions are met.
Some tools on VPS on the ICMarkets
When you log in to ICMarkets VPS, you will see a number of useful tools pre-installed on the VPS desktop.
Two trading platforms MetaTrader 4, MetaTrader 5. These are the two most popular trading platforms for forex traders. You can download and install MT4 or MT5 on ICMarkets VPS. Then connect to your trading account on ICMarkets. You can run trading robots (EAs) or automated strategies on MT4 or MT5 without having to leave your computer on all the time.
Auto Start. This is a tool that helps you automatically start the applications you want to run on your ICMarkets VPS Free. You can choose applications like MT4, MT5, and EA. Or any other software you want to run on your ICMarkets VPS. When your ICMarkets VPS is restarted, these applications will be started automatically, saving you time and effort.
Auto Login. This is a tool that helps you log in automatically to your ICMarkets VPS. You do not need to re-enter the username and password of your ICMarkets VPS every time you want to connect. You only need to enter the username and password of your ICMarkets VPS once into the Auto Login tool. This tool will then save your login information and help you log in automatically to your ICMarkets VPS.
Benefits of using ICMarkets VPS
Using ICMarkets VPS has many benefits for forex traders on ICMarkets. Below are some key benefits of using ICMarkets VPS.
Increase transaction efficiency
When using ICMarkets VPS, you do not need to worry about your computer being turned off, broken, or having an interrupted internet connection. You can run trading robots (EAs) or automated strategies on ICMarkets VPS without being affected by unexpected factors. You can also take advantage of trading opportunities 24/7, without missing any important moments.
Reduce latency
When using ICMarkets VPS. You will be connected to ICMarkets via a high-speed and stable internet connection. This helps you reduce latency when sending and receiving trading orders. Especially when you trade currency pairs with large fluctuation ranges. You will get the best entry and exit points into the market.
Cost savings
When using ICMarkets VPS, you can save a lot of money on purchasing and maintaining your personal computer. You also don’t need to pay for electricity, internet, or other fees related to using a computer. If you meet the conditions use ICMarkets VPS Free. You can also save money on renting your ICMarkets VPS.
Some common errors and solutions with ICMarkets VPS Free
While using ICMarkets VPS, you may encounter some common errors that need to be resolved.
Unable to connect to ICMarkets VPS
This is a fairly common error when you want to connect to your ICMarkets VPS. The reason may be because the IP address of ICMarkets VPS has changed. Or your RDC or similar software is corrupted. The solution is that you should check the IP address of the ICMarkets VPS from the VPS provider. Then re-enter it into the Computer box of RDC software or similar software. You should also check your computer’s internet connection. Or reboot to fix software errors.
It is not possible to run trading robots (EAs) or automated strategies on MT4 or MT5
This is a fairly common error that occurs when you want to run trading robots (EAs). Or automated strategies on MT4 or MT5 on your ICMarkets VPS. The reason may be because you have not enabled the Auto Trading function on MT4 or MT5. Or because you have not allowed trading robots (EAs) or automated strategies to run from external sources. The solution is that you should recheck the Auto Trading function on MT4 or MT5. Do this by clicking on the URL, and then entering the URL addresses of the trading robot (EA) sources. Or automated strategies that you want to run on your ICMarkets VPS.
Unable to receive a refund of ICMarkets VPS fees
This is a fairly rare error when you want to receive a refund of ICMarkets VPS fees. While you have met the conditions to use ICMarkets VPS. The reason may be that you have not updated your trading account information with the VPS provider. On the other hand, it may be due to a problem during the transfer process. The solution is that you should contact your VPS provider and ask them to double-check the refund of ICMarkets VPS fees to you. You should also provide them with your trading account number on ICMarkets. Include the number of your trading lots for the month and proof of payment for your ICMarkets VPS service.
So, the above article has helped you learn details about ICMarkets VPS Free. Hopefully, this article will help you use ICMarkets VPS effectively and safely. Thereby, transactions become more convenient and successful. To catch the latest information about ICMarkets SC, remember to visit Learn Forex Trading regularly!
>>>See more: ICMarkets: A leading trading platform for the financial markets
FAQs:
Conditions to use ICMarkets VPS Free?
To use ICMarkets VPS you need a live trading account. At the same time, maintain a minimum balance of 500 USD. In addition, you must trade at least 15 lots/month.
How to handle when unable to connect to ICMarkets VPS?
You can check the IP address of ICMarkets VPS from the VPS provider. Then fill in the Computer box of RDC software or similar software. In addition, you should also check your internet connection or restart your computer.
What tools does ICMarkets VPS have?
ICMarkets VPS platform has many useful tools for investors. Includes MetaTrader 4 (MT4) and MetaTrader 5 (MT5), trading robots (EAs). In addition, there are useful tools such as Auto Start and Auto Login.
