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July 12, 2016

Question:Can I logout & close MT4/MT5 when I have open positions in my account?

Answer:

Even if you have logged out of your MT4 or MT5 account, your open positions will remain active.

All positions will remain open until a stop loss, take profit or stop out level is achieved.

If you have a limit order, it will be executed if and when the entry rate is matched.

Please be aware of that your “Trailing Stop” and “EAs”(Expert Advisers) will stop working and programs will be nullified when you log out of your MT4 and MT5 account.

In order to keep them working in the trading platform, you need to be logged in and the platform needs to be opened.

If you must close MT4 for some reason, you can also run MT4 through your phone and keep monitoring your account and market.

XM Official Website

Free VPS by XM

Trailing stop order may show result in a short time, but EA (Expert Advisers) on MT4 or MT5 need to run all the time 24/5.

Often it is inefficient to run your PC non-stop as it will cost you for consuming electricity.

Also, any automatic updates of your PC could close MT4 or MT5 platform or the computer itself, which will cause your EAs to stop working immediately.

To avoid such problems, you can use VPS (Virtual Private Server).

You can think of VPS as a non-stop PC which you can access and remotely control from your computer.

Fortunately, XM offers its online traders with Free VPS with some conditions.

The XM VPS service will give you access to a Windows 2012 Server with 1.5 GB RAM, 20 GB of Hard Drive Capacity and 600 MHz of dedicated CPU Power.

To get XM’s VPS for free, you must meet the following conditions.

  1. Maintain a minimum amount of (Equity – Credit) 5,000 USD
  2. Trade at least 5 round turn lots or 500 micro round turn lots per month

If you don’t meet the above conditions, you need to pay 28 USD (which will be deducted from your trading account automatically) to continue using the VPS.

The service conditions maybe different depending on your country residence.

For more information, please contact XM support team from the Official Website.

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