ForexBees

I have been trading with FXCM for almost 2 years and recently I got an email from them saying they are offering virtual private server for free. If you don’t know what is virtual private server I will give you a little introduction here.

A virtual private server is another computer which is hosted remotely, which you can use for trading. You can install metatrader application on that and login to that from your computer. You can do trading as your normal way in that computer. You don’t need to install metatrader on your system.

If you are using your system for forex trading then definetly the following are some of the problems you might have faced.

1) Problems with internet connection like low speed internet so that your orders may not execute instantly.

2) If you are using expert advisors for forex trading, you know that you have to leave your system on, all the time as they run 24hrs a day. This will cause your system to heat up and after some time your system may start working slowly. If you are using virtual private server, you can install metatrader on that and also the expert advisors and you can shut down your system. Virtual private servers are really a big advantage for expert advisors.

3) Power problems which stop your expert advisors to work.

The following are some of the advantages of virtual private servers.

1) Remote access – you can login to your platform from any computer and do trading which is very cool. You don’t need to use your system for trading.

2) Faster execution of your orders – Since generally virtual private servers are maintained by big companies who generally have a very good internet connection your orders will be executed faster than from your computer.

3) Expert advisor – As I mentioned above you can install an expert advisor on the metatrader platform account in your remote system, start it and you can shutdown your computer.

4) This is very useful in countries where people generally have a low internet connection speed.

FXCM is offering free virtual private server for their customers who have metatrader account. If you are a customer of FXCM but not using metatrader you can open a new account with them or transer your account to metatrader account to use this private server. If you don’t trade with FXCM but want to use this virtual private server you have to open a new metatrader account with FXCM.

Currently FXCM is offering free private virtual server for 12 months. If you want to use it after that you should be an active trader. Active trader means you should make at least 10 trades per month according to FXCM. You can use any expert advisors including scalping EAs. So if you are an FXCM customer go ahead and take advantage of this.