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  1. #1
    Twig's Avatar
    Twig is offline Member
    Join Date
    Mar 2009
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    15

    Virtual Private Network (VPS) - How to get it? How it work? Mulpiple accounts?

    Hello FXCM,

    Can you please answer some questions about the Free VPS service that FXCM offers?
    If you cannot answer all questions properly, can you find out correct info and/or pass it on to someone that can.

    1) How do we get or signup for VPS?

    2) How do we set the VPS up to use FXCM Trading Platforms?

    3) Where are the full instructions as to how to set up, load strategies and so on...?

    4) How does it actually work?

    5) Is it secure?

    6) Can someone else copy your trades or strategies from this VPS?

    7) Can FXCM or FXCM Associates copy your trades or strategies from this VPS?

    8) Is the strategy code secure from others?

    9) Can it be used for Trading Station ll platform standard strategies and or customised strategies? (I am a long term user of fxcm’s - fxcodebase.com/ – strategies and indicator development website). May I say, what an absolutely fantastic website and program this is that FXCM supplies for absolutely free, thank you... and thanks to the administrators/programmers on this website as well . FXCM would do better to advertise/inform others/traders/beginners.... of this great addition to FXCM’s arsenal of free products/help that they supply. 

    10) How many Trading Station ll Auto Trading strategies can I operate at the same time on this VPS?

    11) How many different accounts can I operate on this VPS?

    12) I know FXCM allows free VPS if you have $5000 or more in your account. But what if you have several accounts, or an account with sub accounts within it. Does each account have to have $5000 minimun to be able to use the free VPS?

    13) Or can all of accounts/subaccounts balances be included to arrive at this $5000 minimum to be able to use the free VPS.?

    14) When is this $5000 value taken from in order to get it free; ie beginning of calender month, end of month.....?

    15) Or does the accounts have to stay above $5000 as a minimum and never go below that value?

    16) If accounts is below $5000 then FXCM can/may charge $30 per month for this service. How is this done?

    17) Do we receive a bill for it?

    18) Does it automatically get taken from the accounts?

    19) What date does this payment occur?

    20) Can we still login to Trading Station ll platform whilst VPS is operating/running?

    21) If we have trades opened on VPS, are they visible on Trading Station ll platform?

    22) Trades that have been opened on the VPS.... can these be closed out from Trading Station ll platform?

    23) If VPS service experiences operating problems, becomes non functioning, is there a backup VPS service to use?

    24. Will we be contact by phone, email, sms if VPS becomes inoperable/non functioning?

    Okay I think I have covered most questions, but if you have anything else to add please do.
    Cheers
    Twig
    Last edited by Twig; 06-12-2013 at 11:17 PM.

  2. #2
    Rob at FXCM's Avatar
    Rob at FXCM is offline DailyFX Administrator
    Join Date
    Apr 2010
    Posts
    1,890
    Hi Twig,

    Allow me to answer your questions below (in red):

    1) How do we get or signup for VPS?
    You can sign up for a VPS here. Please note that your account does not have to be a MetaTrader 4 account, but it does need a minimum of $5,000 to get it for free. Otherwise a $30 fee may be debited from your account to cover the VPS cost.

    2) How do we set the VPS up to use FXCM Trading Platforms?
    The FXCM platforms come pre-installed on the VPS. If you need custom software/platforms installed, you may do that after you login to the VPS.

    3) Where are the full instructions as to how to set up, load strategies and so on...?
    You will receive a file and a link in an email that will allow you to connect to your new VPS. After that, it acts just like a normal PC. So if you are runing MT4, you load up your EA's. If you are running Trading Station, you load your .lua strategies. After you log out of the VPS, the systems will still be running on the VPS.

    4) How does it actually work?
    A VPS is simply a remote computer that you can connect to from anywhere in the world. This computer is always running so that your strategies are always running.

    5) Is it secure?
    Yes, contact www.fxcolo.com for more info (the VPS provider with your concerns).

    6) Can someone else copy your trades or strategies from this VPS?
    No.

    7) Can FXCM or FXCM Associates copy your trades or strategies from this VPS?
    No.

    8) Is the strategy code secure from others?
    Yes, unless you share your login details with someone else (which we do not recommend doing).

    9) Can it be used for Trading Station ll platform standard strategies and or customised strategies? (I am a long term user of fxcm’s - fxcodebase.com/ – strategies and indicator development website). May I say, what an absolutely fantastic website and program this is that FXCM supplies for absolutely free, thank you... and thanks to the administrators/programmers on this website as well . FXCM would do better to advertise/inform others/traders/beginners.... of this great addition to FXCM’s arsenal of free products/help that they supply. 
    You can use any FXCM platform on the VPS. Remember, it is only free if you have more than $5,000 in the account, though.

    10) How many Trading Station ll Auto Trading strategies can I operate at the same time on this VPS?
    You could run several strategies simultaneously, depending on how strenuous they are on the system. I would test it on a demo account on the VPS to ensure everything runs smoothly and then re-evaluate.

    11) How many different accounts can I operate on this VPS?
    You can login to multiple Trading Station accounts on the same VPS, but if you are running multiple strategies on multiple accounts this could weigh heavily on the VPS. If you are more than one account with $5,000 or more, I would sign up for more VPS accounts.

    12) I know FXCM allows free VPS if you have $5000 or more in your account. But what if you have several accounts, or an account with sub accounts within it. Does each account have to have $5000 minimun to be able to use the free VPS?
    The account that you register under the VPS needs to stay above $5,000 to be free.

    13) Or can all of accounts/subaccounts balances be included to arrive at this $5000 minimum to be able to use the free VPS.?
    The account that you register under the VPS needs to stay above $5,000 to be free.

    14) When is this $5000 value taken from in order to get it free; ie beginning of calender month, end of month.....?
    We check this at the end of the month. It is an automated process.

    15) Or does the accounts have to stay above $5000 as a minimum and never go below that value?
    There is not intra-month minimum. We check it at the end of the month.

    16) If accounts is below $5000 then FXCM can/may charge $30 per month for this service. How is this done?
    It is automated. The money is debited from the account on file for the VPS.

    17) Do we receive a bill for it?
    No.

    18) Does it automatically get taken from the accounts?
    Yes.

    19) What date does this payment occur?
    Near the beginning of the following month.

    20) Can we still login to Trading Station ll platform whilst VPS is operating/running?
    Absolutely. You should consider turning on "Multiple Sessions" on www.myfxcm.com so that you do not kick yourself out by logging into the same account from multiple machines simultaneously.

    21) If we have trades opened on VPS, are they visible on Trading Station ll platform?
    Yes. Its just like placing the trades from your own computer. Everything will look the same.

    22) Trades that have been opened on the VPS.... can these be closed out from Trading Station ll platform?
    Yes.

    23) If VPS service experiences operating problems, becomes non functioning, is there a backup VPS service to use?
    You will still be able to manage your account from your own computer at anytime. You can also call our trading desk to manage trades.

    24. Will we be contact by phone, email, sms if VPS becomes inoperable/non functioning?
    I would contact the VPS provider, www.fxcolo.com. They will have information on notifications.


    Thank you for your post! Let me know if you have any further questions.

    Rob
    rob@fxcm.com
    Add your post to join the conversation or contact me directly at rob@fxcm.com!

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