Question:What's the condition of free VPS of MT4 accounts of GBE Brokers?
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GBE brokers has set up its server in Equinix LD4 data center, and the broker offers VPS in the same location for trader for free.
To get the VPS for free, you will need to trade 100 standard round turn lots per month.
Not a normal VPS service
GBE brokers already offers DMA(direct market access) to its traders and Equinix London4 Server, so traders can benefit from the fast execution quality of its trading platform.
And as GBE brokers offers free VPS in the same server location(Equinix LD4 data center), you can even reduce the execution speed to one millisecond.
So you will not need to get slower connections anymore from VPS providers from somewhere in the world, because you can set up your VPS in the main server directly and benefit from even faster execution.
What is VPS?
VPS stands for Virtual Private Server, and it is normally used by EA/Algorithm Traders.
MT4 does not let EAs or trailing stops to work in its platform if the platform itself is closed or the account is logged out.
This is to avoid the system/programs to manage your accounts when you are not aware of them to manage your funds, so this is to avoid one kind of financial risks.
But by using the VPS you can run your EAs/Algorithm Programs 24/7 without stop.
So you do not worry about the internet connection of yours, nor the amount of electricity consumed.
How the VPS works?
VPS is just an another server for yourself.
Basically if you like to use the VPS, the VPS provider will setup a server(it is like a virtual computer) and give you the access to its server.
Then you will need to get into the VPS from your computer, so you will have another computer running on internet which you can access from your computer.
All you need to do is to set up your MT4 account and your EA in that VPS screen.
VPS does not take a rest at all, but runs 24/7.
Why use VPS of GBE brokers?
There are simply two reasons to use GBE brokers VPS.
1. It is Free
By trading 100 standard round turn lots, you can have your own VPS for free with GBE brokers.
No other conditions are involved, you just simply need to run your EA and trade 100 lots monthly.
GBE brokers does not even restrict trading methods, so you are allowed to trade scalping, News time trading and swap tradings etc.
2. VPS in the same location as the main server
GBE brokers has its main server in Equinix London4 Data Center, and the VPS is located in the Equinix London4 Data Center.
This means that you are able to have the VPS and the main trading serer at the same location, thus the fast execution speed to one millisecond.
The VPS from GBE brokers is not even slow like other brokers.