RoboForex Free VPS server for MT4/MT5
The RoboForex VPS server is free if the level of funds on your trading account exceeds 300 USD
Features:
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Trading from anywhere in the world
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Uninterruptible Internet (VPS server doesn’t depend on your web provider, and it is always connected to high-speed internet)
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Convenient for trading with Expert Advisors (24/7 high-speed access to the server)
The free VPS is provided if the account's monthly trading volume is at least 3 standard lots. If this condition is not met, the monthly fee for using the VPS service is just 5 USD.
► Start from here with the free VPS Hosting
RoboForex at a glance
Launched in 2009, RoboForex is an NDD Forex broker regulated by IFSC, license IFSC/60/271/TS. The broker's asset index contains 40+ Forex currencies, crypto, indices, shares, indices, and commodities. As concerns trading platforms, RoboForex provides cTrader, along with MetaTrader-4 and MetaTrader-5. There is also a platform for social/copy trading called CopyFX.
Trading Accounts
The three main account types include Standard, Cent, and ECN Pro accounts, and the minimum deposit is just $10. The broker supports a wide variety of deposit methods including bank wire, credit/debit cards, internet wallets, and cryptocurrencies.
The Forex market includes a wide variety of key fundamental variables, but the interest rate differential between two currencies is the most crucial. The interest rate differential is behind the swap rate values that play a major role in swing trading and especially in long-term carry trading.
Interest Rates
Interest rates are very important for Forex trading. Forex traders must always keep an eye on the interest rates and significant dates that these rates may change.
Table: Interest Rates around the world
| Major Central Banks | Current Interest Rate | Next Meeting |
| Federal Reserve | 0.25% | 9-16-2020 - 18:00 |
| European Central Bank | 0.00% | 9-10-2020 - 11:45 |
| Bank of England | 0.10% | 8-6-2020 - 06:00 |
| Swiss National Bank | -0.75% | 9-24-2020 - 07:30 |
| Bank of Japan | -0.10% | 9-17-2020 - 03:00 |
| Bank of Canada | 0.25% | 9-9-2020 - 14:00 |
| Reserve Bank of Australia | 0.25% | 8-4-2020 - 04:30 |
| Reserve Bank of New Zealand | 0.25% | 8-12-2020 - 02:00 |
| Other Countries / Central Banks | Current Interest Rate | |
| China | 3.85% | |
| India | 4.00% | |
| Russia | 4.25% | |
| Mexico | 5.00% | |
| Sweden | 0.00% | |
| Poland | 0.10% | |
| Norway | 0.00% | |
| South Africa | 3.50% | |
| Turkey | 8.25% |
Long-Term Trading Strategy
Most traders are willing to settle for day trading. It’s exciting, fun, and can make significant money. But if you are more the slow and steady type, you'll be interested in long term forex trading strategies. Let’s explore what long term Forex trading entails, and the major strategies to be successful.
What is long-term Forex trading?
What defines a long-term Forex trade? Quite simply, holding your Forex positions for a large number of days is considered long-term, or positional trading. It involves far less time at your desk watching the markets. The idea is to grab as many pips as possible, usually looking to gain at least 200 pips per single trade. You'll achieve higher returns per trade than day traders, but your opportunities will be more limited. To be a successful long-term trader, you'll need a high level of knowledge and preparation. You're likely to use fundamental analysis.
Long-term Forex strategies
Long-term trading involves finding a trend and following it for weeks or even months. There have been traders known to hold positions for over a year, but that is very rare. The general rule for positional trading is to ‘buy based on expectations, sell based on the facts’. Simply put, you execute a trade if you have reason to expect potential currency moves. Then, when you’ve seen whether your expectations were true, you keep or sell based on the facts. This is in contrast to day traders, who buy based on results. You're far more likely to make high profits on your long-term trades.
Another important rule when strategizing is not to get caught up in what’s likely to happen only in one of the locations of your currency pair. You should look carefully at both countries, and predict based on their likely economic movements.
Therefore, preparation is becoming vital. You should perform a deep analysis of the economies, learn about scheduled future events, their possible results and consider possible Black Swans.
Read more: Long term strategies for successful Forex trading
Free VPS Hosting & ICMarkets Plan
What is Forex VPS Hosting?
VPS means a virtual private server and it is a form of web hosting for Forex trading applications. A Forex VPS offers 24/5 trading without any interruption and it is considered ideal for applying automated trading strategies and Expert Advisors (EAs).
How Does a Forex VPS Work?
A common setup would be a local PC connected to the internet running MT4. However, the use of an expert advisor (EA) requires the PC to be operating 24/5, and that is a problem. The use of a Forex VPS bypasses the problem by offering:
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Trading 24/5 from anywhere
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Trading considerably faster (minimum execution delays)
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No hardware failures (i.e. internet connection failure) and more secure than a common PC
ICMarkets Free VPS
IC Markets recommends VPS providers co-located to their trading servers in Equinix NY4. IC Markets MT4 and cTrader trade servers are located in the NY4 and LD5 IBX Equinix Data Centres in New York and London.
Free VPS Hosting Conditions
If the trading volume exceeds 15 round-lots (round turn) every month, then IC Markets sponsors a VPS subscription to top VPS providers.
□ Monthly volumes of 15 round-lots for a free VPS subscription to top providers
Note: The trading volume of Forex and Metals only will contribute to the minimum volume requirement.
