The best Forex brokers offering free Virtual Private Server (VPS) services, according to our research, are:
- Roboforex
- FBS
- FP Markets
- Pepperstone
- XM
- FxPro
- HF Markets
- Vantage
- Instaforex
- FXTM
Forex brokers have requirements for obtaining the free VPS, which generally correspond to equity requirements or requirements on the minimum trading volume the trader must trade per month.
Both of these requirements will be specified for each broker in this top 10, along with the cost for those who do not meet the requirements.
Round-up
Having looked at the variety of VPS servers available, here is a quick overview of what each broker is offering:
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
| Brokers | Free VPS | Equity needed | Trading volumes needed per month |
|---|---|---|---|
| Roboforex | Yes | $300 | N/A |
| FBS | Yes | $450 | 3 lots |
| FP Markets | Yes | $1000 | 10 lots |
| Pepperstone | Yes | N/A | 15 lots |
| XM | Yes | $5000 | 5 lots |
| FxPro | Yes | $30000 | N/A |
| HF Markets | Yes | $5000 | N/A |
| Vantage | Yes | $1000 | N/A |
| InstaForex | Yes | $1000 | N/A |
| FXTM | Yes | Variable | Variable |
What are the best free VPS forex brokers?
Here is a closer look at each of the 10 best forex brokers with a free VPS that we have found:
Roboforex
Roboforex offers a free VPS with a $300 account balance. Roboforex provides uninterrupted, high-speed internet for trading using expert advisors.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Roboforex
RoboForex is a global forex and CFD broker founded in 2009, offering trading on currencies, stocks, indices, commodities, and cryptocurrencies. RoboForex provides MetaTrader 4, MetaTrader 5, and proprietary platforms. RoboForex is regulated by the Financial Services Commission (FSC) of Belize. RoboForex is known for competitive spreads, extensive educational resources, and multiple account types. RoboForex serves over 4.5 million clients worldwide. The RoboForex CEO is Andrei Dziarnovich.
Roboforex Features
The features of Roboforex are listed below.
- To be eligible for a free VPS service at RoboForex you must have more than $300 in your trading account.
- RoboForex accounts can be opened with a minimum deposit of $10.
- This VPS server at RoboForex is connected to an uninterrupted, high-speed network/internet that is independent of the trader’s internet service provider.
- The RoboForex free VPS is designed in such a way that it is convenient for trading using expert advisors.
Roboforex Pros and Cons
Advantages of Roboforex
The advantages of Roboforex are listed below.
- Diverse Trading Platforms
- Wide Range of Instruments
- Low Minimum Deposit
Disadvantages of Roboforex
The disadvantages of Roboforex are listed below.
- Limited Educational Resources
- Higher Spreads on Some Accounts
- Regulatory Concerns
FBS
FBS gives a free VPS for one month after a $450 deposit. FBS continues the free service with a minimum of 3 lots traded monthly.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About FBS
FBS is a global forex and CFD broker founded in 2009, offering trading on currencies, commodities, indices, stocks, and cryptocurrencies. FBS provides MetaTrader 4, MetaTrader 5, and proprietary platforms. FBS is regulated by multiple authorities including CySEC, ASIC, and IFSC. FBS serves over 27 million clients in 150+ countries. FBS is known for low minimum deposits, extensive educational resources, and copy trading services.
FBS Features
The features of FBS are listed below.
- The FBS VPS-service is given for free for a whole month if a trader makes a one-time deposit of $450.
- The FBS VPS will cost $33 per month after the first free month, however it can also remain entirely free if the trader trades a minimum of 3 standard lots per month.
- The FBS VPS supplies a fast and stable connection to available trading platforms.
- This VPS-service offered by FBS combines convenience, speed, and reliability for you as a trader. This Virtual machine provides you with a 24/7 operation even in an offline mode.
FBS Pros and Cons
Advantages of FBS
The advantages of FBS are listed below.
- Low minimum deposit
- User-Friendly Platforms
- 90 international awards
Disadvantages of FBS
The disadvantages of FBS are listed below.
- Limited Financial Instruments
FP Markets
FP Markets delivers a VPS for a $1,000 deposit or after trading a minimum of 10 lots. FP Markets connects to a professional data center.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About FP Markets
FP Markets is an Australian-based global forex and CFD broker founded in 2005. FP Markets offers trading on over 10,000 instruments including forex, stocks, indices, commodities, and cryptocurrencies. FP Markets provides MetaTrader 4, MetaTrader 5, and proprietary platforms. FP Markets is regulated by multiple authorities including ASIC, CySEC, and FSA. FP Markets is known for tight spreads, fast execution, and extensive educational resources. The FP Markets CEO is Craig Allison.
FP Markets Features
The features of FP Markets are listed below.
- FP Markets can offer a VPS-service plan once you make a minimum deposit of $1,000 or its equivalent in another currency.
- Also FP Markets traders offers it for free once they trade a minimum of 10 lots on the Standard account and 20 lots on the Raw account per month.
- This VPS-service offered by FP Markets gives traders the ability to trade with a professional data center.
FP Markets Pros and Cons
Advantages of FP Markets
The advantages of FP Markets are listed below.
- Broad Instrument Offering
- Competitive Spreads
- Multiple Trading Platforms
Disadvantages of FP Markets
The disadvantages of FP Markets are listed below.
- High Fees for International Withdrawals
- Outdated Platform Design
Pepperstone
Pepperstone provides a free VPS when traders meet a 15-lot monthly volume. Pepperstone includes ultra-low latency and choices of server location.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Pepperstone
Pepperstone is a global forex and CFD broker founded in 2010 in Melbourne, Australia. Pepperstone offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader and cTrader platforms. Pepperstone is regulated by multiple authorities including ASIC, FCA, and CySEC. Pepperstone is known for competitive spreads, fast execution, and extensive educational resources. Pepperstone serves clients in over 160 countries worldwide. The Pepperstone CEO is Tamas Szabo.
Pepperstone Features
The features of Pepperstone are listed below.
- Every trader at Pepperstone has full access to free forex VPS once the minimum monthly trading volume of 15 standard Lots is met.
- With Pepperstone, traders can choose between the FXVM VPS-server, and a server based in NY City.
- The Pepperstone free VPS offers ultra-low latency times of about 1 millisecond.
- The minimum deposit to open a trading account at Pepperstone is $200.
Pepperstone Pros and Cons
Advantages of Pepperstone
The advantages of Pepperstone are listed below.
- Stable raw spreads (0,09 pips on EUR/USD on average)
- Caters for algorithmic trading
- Has won over 30 Forex industry awards
Disadvantages of Pepperstone
The disadvantages of Pepperstone are listed below.
- The demo account is not unlimited
XM
XM grants free VPS access when equity stays at $5,000 with a minimum of 5 lots traded. XM charges $28 monthly if criteria are unmet.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About XM
XM is a global forex and CFD broker founded in 2009, offering trading on currencies, commodities, indices, stocks, and cryptocurrencies. XM provides MetaTrader 4, MetaTrader 5, and proprietary platforms. XM is regulated by multiple authorities including CySEC, ASIC, and IFSC. XM is known for competitive spreads, extensive educational resources, and multilingual customer support. XM serves over 5 million clients from 196 countries. XM offers various account types and a no-requote policy.
XM Features
The features of XM are listed below.
- When it comes to VPS eligibility at XM, only forex traders who uphold a constant minimum amount of $5,000 in equity or its equivalent in other currencies.
- To get the free XM VPS, traders must trade at least 5 standard forex lots per month.
- When these requirements are not met, the VPS can be obtained by deducting $28 per month from the XM account.
- The XM VPS service enables traders to take advantage of the unparalleled trade execution speed and efficiency.
XM Pros and Cons
Advantages of XM
The advantages of XM are listed below.
- There’s a wide range of account types
- The demo account at XM is unlimited
- Wide range of educational resources
Disadvantages of XM
The disadvantages of XM are listed below.
- No social trading features available
- The account availability changes depending on the location of the trader
- High minimum deposit to invest in securities ($10000 for the XM Shares account)
FxPro
FxPro gives a free VPS to VIP account holders, requiring a $30,000 deposit within two months. FxPro offers this VPS for $30 monthly otherwise.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About FxPro
FxPro is a global online broker founded in 2006, offering trading on forex, CFDs, stocks, indices, commodities, and cryptocurrencies. FxPro provides multiple trading platforms including MetaTrader 4, MetaTrader 5, cTrader, and its proprietary FxPro Platform. FxPro is regulated by multiple authorities including FCA, CySEC, SCB, FSC and KNN. FxPro serves clients in over 170 countries and has won numerous industry awards. The FxPro CEO is Charalambos Psimolophitis.
FxPro Features
The features of FxPro are listed below.
- The free VPS at FxPro is offered to FxPro VIP account holders, which requires a minimum deposit of $30’000 in 2 months.
- A FxPro VPS can also be obtained by paying $30 per month.
- The VPS comes with Windows 2012, a 1300 MB RAM/ 1 VCPU, a 25 GB disk space, and Linux servers.
FxPro Pros and Cons
Advantages of FxPro
The advantages of FxPro are listed below.
- Regulated and Trusted Forex broker
- Diverse Trading Platforms
- Wide Range of Instruments
Disadvantages of FxPro
The disadvantages of FxPro are listed below.
- Inactivity Fee
- Limited Educational Resources
- No Guaranteed Stop-Loss Orders
HF Markets
HF Markets offers a free VPS with balance-based plans. HF Markets lists bronze, silver, and gold plans with respective minimum deposits requirements.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About HF Markets
HF Markets, formerly known as HotForex, is a global multi-asset broker founded in 2010. HF Markets offers trading on forex, stocks, commodities, indices, and cryptocurrencies through MetaTrader platforms. HF Markets is regulated by multiple authorities including CySEC, FCA, DFSA, and FSCA. HF Markets serves clients worldwide and is known for competitive trading conditions and extensive educational resources. HF Markets recently rebranded to emphasize its expanded product range. The HF Markets Group CEO is George Koumantaris.
HF Markets Features
The features of HF Markets are listed below.
- HF Markets offers three different VPS plans starting at $30 per month, however they can be obtained for free depending on the account balance.
- The HF Bronze VPS plan is free with a minimum deposit of $5000.
- The HF Silver VPS plan is free with a minimum deposit of $8000.
- The HF Gold VPS plan is free with a minimum deposit of $15000.
- The HF Markets VPS offers reduced latency and minimizes downtime.
HF Markets Pros and Cons
Advantages of HF Markets
The advantages of HF Markets are listed below.
- High Leverage Options
- Low Minimum Deposit
- Wide Range of Trading Instruments
Disadvantages of HF Markets
The disadvantages of HF Markets are listed below.
- Higher Trading Costs
- Limited Educational Resources
Vantage
Vantage provides free VPS access with a $1000 deposit. Vantage features connections with PhotonVPS and other network services.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Vantage
Vantage is a global multi-asset broker founded in 2009, offering trading on forex, CFDs, commodities, indices, shares, and cryptocurrencies. Vantage provides MetaTrader 4, MetaTrader 5, and proprietary platforms. Vantage is regulated by multiple authorities including ASIC, FCA, and CIMA. Vantage is known for fast execution, competitive spreads, and extensive educational resources. Vantage serves over 3 million registered users worldwide. The Vantage CEO is David Shayer.
Vantage Features
The features of Vantage are listed below.
- Vantage offers a free VPS for traders that deposit at least $1000 in their trading account.
- Vantage forex VPS providers are PhotonVPS, nextPointhost, Winner VPS, and commercial network services.
- With Vantage, traders have the ability to sign up to forex VPS directly from a MetaTrader 4 trading platform and MetaTrader 5.
Vantage Pros and Cons
Advantages of Vantage
The advantages of Vantage are listed below.
- Competitive spreads and low commissions
- Strong range of asset classes
Disadvantages of Vantage
The disadvantages of Vantage are listed below.
- Not available to US traders
- Customer service could be improved
Instaforex
Instaforex allows free VPS if equity exceeds $1,000. Instaforex offers paid access for $10 to $40 monthly depending on account details.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About Instaforex
InstaForex is a global forex and CFD broker established in 2007, offering trading on currencies, commodities, indices, stocks, and cryptocurrencies. InstaForex provides MetaTrader 4, MetaTrader 5, and proprietary platforms. InstaForex is regulated by the Financial Services Commission (FSC) of the British Virgin Islands. InstaForex serves over 7 million clients worldwide and is known for competitive spreads, extensive educational resources, and various account types. InstaForex offers copy trading and PAMM accounts.
Instaforex Features
The features of Instaforex are listed below.
- The VPS service at InstaForex is free only if your equity is more than $1,000.
- The forex VPS hosting can also be obtained by paying a monthly fee of $10 to $40 depending on the account.
- With InstaForex, you have the ability to sign up to forex VPS directly from a MetaTrader 4 trading platform and MetaTrader 5.
- The major features of the InstaForex VPS service include 1-8 GB RAM and provision of a powerful server for trade executions.
Instaforex Pros and Cons
Advantages of Instaforex
The advantages of Instaforex are listed below.
- Beginner-Friendly
- Wide Range of Instruments
- Advanced Trading Tools
Disadvantages of Instaforex
The disadvantages of Instaforex are listed below.
- Outdated Website Design
- Limited Trading Instruments
- Customer Support Limitations
FXTM
FXTM requires contacting an account manager for VPS criteria. FXTM offers VPS for MetaTrader 4, supporting algorithmic trading.
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Regulations:
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Avg. EUR/USD Spread:
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Platforms:
About FXTM
FXTM, also known as ForexTime, is a global forex and CFD broker founded in 2011. FXTM offers trading on currencies, commodities, indices, stocks, and cryptocurrencies through MetaTrader 4, MetaTrader 5, and proprietary platforms. FXTM is regulated by multiple authorities including CySEC, FCA, and FSC Mauritius. FXTM is known for low spreads, fast execution, and extensive educational resources. FXTM serves over 2 million clients worldwide. The FXTM CEO is Nicholas Defteras.
FXTM Features
The features of FXTM are listed below.
- As an FXTM trader, you are required to contact your account service manager to get information on whether or not you meet the criteria for a free VPS.
- The VPS is available for MetaTrader 4 at FXTM.
- The FXTM VPS caters for algo trading and EAs.
FXTM Pros and Cons
Advantages of FXTM
The advantages of FXTM are listed below.
- User-Friendly Platform
- Fast Customer Support
- Low Minimum Deposit
Disadvantages of FXTM
The disadvantages of FXTM are listed below.
- Withdrawal Fees
- Limited Product Range
- Inactivity Fees
What is a Virtual Private Server (VPS)?
A Virtual Private Server (VPS) is a type of hosting service that divides a physical server into multiple virtual servers using virtualization technology. Each virtual server operates independently of the others, running its own operating system and applications. Each VPS can have its own settings, preferences, and can be rebooted independently of the others.
This offers the flexibility, control, and functionality of a dedicated server, but at a lower cost because multiple VPSs share the resources of a single physical server.
In forex (foreign exchange) trading, a Virtual Private Server (VPS) is used to execute trades more quickly and efficiently. A forex VPS is a service provided by forex brokerage firms and hosting companies, which allows forex traders to run algorithmic strategies and automated trading systems through a remote server.
Forex traders often use VPSs to minimize latency, which is the time it takes for a trading order to reach the broker. By hosting their trading platform on a VPS located in the same data center as their broker’s server, traders can ensure their trades are executed as quickly as possible.
A forex VPS also allows trades to be executed 24/7, even when the trader’s computer is turned off. This is especially important in forex trading, which operates around the clock due to different time zones around the world.
Additionally, using a VPS reduces the risk of trade interruptions due to power outages, internet disconnections, or hardware failures at the trader’s location.
How to choose the best Forex Broker with Free VPS?
In order to have access to a good VPS, you need to work with a good forex broker VPS provider. The following are things to consider or features to look out for when choosing the best forex broker with free VPS:
The broker you choose should avail of multiple data centers or reliable data centers near your home. These data centers help to increase the general execution speed of trades. The closer it is to you, the greater chances of increasing the speed at which trades are executed.
They should provide a VPS with maximum security that includes firewalls. They should also have a strong and secure password for trader’s accounts. As you trader, you should be on the lookout for the availability of 24/7 maintenance and monitoring services.
Also, look out for forex brokers who provide VPS with pre-installed software and effective trading platforms like MetaTrader 5 and MetaTrader 4. Double check that the broker provides a pre-installation of charting tools, Expert Advisors, and various other automated applications required for effective trade execution. It may be useful if you also read our automated trading forex brokers top ten.
Finally, before choosing a broker for free VPS, as a trader, you should make sure that there is an effective customer care support system 24/7 where issues or troubleshoots can be easily fixed and inquiries can be answered without any form of delay. Look out for customer service options via emails, telephone, live chats and more.
Pros and Cons of using a VPS
Pros
- Using a VPS can offer an extra layer of protection when trading forex.
- Using a VPS can alleviate computer viruses, power cuts and connection failures, making it an ideal technical environment for automated trading.
- The servers run 24/7 and retain optimal connection speeds through this time for the best trading environment.
- A VPS combines the best in stability along with retaining a string degree of flexibility to meet your needs as a trader.
Cons
- Many VPS options are not very cheap for new or casual traders.
- A decent level of technical competence is needed for running a VPS.