XM (XMTrading): Can I use a free VPS with XM? Is it recommended? Comparison of settings, installation, and usage, and explanation of the latest version.

XMTrading

XMTrading offers VPS for trading, and we recommend it because it is free to use, and we will introduce and explain the conditions, specifications, services, and server settings. A VPS is essential for those who engage in automated trading. XM allows you to use VPS for free. Even though it’s free, it runs smoothly and the specs are sufficient compared to other companies. It has a good reputation and is used by many people. There are conditions to use XM’s VPS for free. Please note that if you do not meet the conditions, the money will be deducted from your account.

  1. XMtrading
  2. XM Overview and Features
    1. 1) High Leverage of up to 1,000x
    2. 2) There are four types of account types
    3. 3) Low minimum deposit makes it easy to start
    4. 4) Compatible with MT4 and MT5
    5. 5) Relatively comprehensive Japanese support
    6. 6) Strong bonus and campaign offerings
    7. 7) Wide range of tradable instruments
  3. What is XM’s VPS?
    1. First conclusion: What is XM’s VPS for?
    2. 1) You can run the EA 24 hours a day without interruption.
    3. 2) Reduces the impact of communication and PC problems
    4. 3) Advantageous for scalping and EA (Expert Advisor) trading
    5. Who this is suitable for:
    6. Who this is not really necessary for:
  4. Conditions for using XM’s free VPS
    1. 1) Account balance of 1,000 USD or more
    2. 2) Trading 5 standard lots or more round trip per month
    3. This is quite important.
    4. Are multiple accounts combined?
    5. What happens if I don’t meet the conditions?
  5. XM VPS Specifications
    1. XM VPS Specifications List
    2. What can you do with these specifications?
  6. Comparing XM’s VPS with Other Companies
    1. First, a comparison table:
    2. 1) Strengths of XM’s VPS
    3. 2) XM’s weaknesses
    4. 3) How does it compare to Pepperstone?
    5. 4) How does it compare to HFM?
    6. 5) How does it compare to FBS?
    7. 6) How does it compare to IC Markets?
  7. How to Apply for XM’s VPS
    1. ① Log in to your XM Member Area
    2. ② Open the “VPS” menu within the Member Area
    3. ③ Submit your VPS application
    4. ④ Receiving VPS Login Information
  8. Detailed Steps for VPS Setup and Connection
    1. Overview First
    2. What to Check After Applying for a VPS
    3. How to connect to XM’s VPS from Windows
    4. Initial setup after entering the VPS
    5. How to install XM’s MT4 / MT5 on the VPS
    6. How to Log in to MT4/MT5 with Your XM Account
    7. How to Install an EA on a VPS
    8. How to set and run the EA on the chart
  9. Troubleshooting When It Doesn’t Work
    1. When You Can’t Connect to the VPS at All
    2. When you can access the VPS but cannot log in to MT4/MT5
    3. When you can access MT4/MT5, but the chart doesn’t move.
    4. When the EA is not displayed
    5. When the EA is displayed but doesn’t trade
  10. How to Cancel XM’s VPS
    1. In conclusion:
    2. Top Priority: Things to Do Before Canceling
    3. Stop Running EAs and Positions
    4. Check if you can cancel from the XM Member Page
    5. The Right Way When You Can’t Find the Menu
    6. Things to Watch Out For When Canceling
    7. How to Confirm Cancellation
    8. Related

XMtrading

Operating companyTradexfin Limited
Fintrade Limited
Head office locationUnit E, F28, Eden Plaza, Eden Island, Republic of Seychelles
Founding year2009
Financial License(FSA)SD010:Tradexfin

Mauritius Financial Services Commission (FSC:):Fintrade Limited

Cyprus Securities and Exchange Commission (CySEC):Trading Point of Financial Instruments Ltd
Language supportEnglish、日本語、Malay、Thai
PlatformMetaTrader 4 (MT4)/MetaTrader 5 (MT5)
Service CountriesOver 190 countries
Number of usersOver 1 million accounts
Max Leverage1000x
Eligible productsForex、Metal、Stocks、Equity Indices / Index CFD、Energy CFD、Commodities、Cryptocurrency

XM Overview and Features

XM is an overseas broker that primarily offers FX and CFD (Contracts for Difference) trading. Widely known in the Japanese-speaking world under the XMTrading brand, it handles over 1,400 instruments, including FX, gold, crude oil, stock indices, and stock derivatives. Trading platforms include MT4, MT5, and WebTrader.

1) High Leverage of up to 1,000x

XM offers leverage of up to 1,000x depending on the account type. This makes it attractive for those with small capital who want to conduct large trades.

However, the Zero account has a maximum leverage of 500x, so it’s important to note that conditions differ depending on the account type.

Who is it suitable for?

Those who want to start trading with a small amount of capital

Those who want to engage in short-term trading (scalping/day trading)

Points to note

While profits can be large, losses can also be large.

2) There are four types of account types

XM mainly offers the following four account types:

Micro Account: For small-amount trading. 1 lot = 1,000 currency units, suitable for beginners

Standard Account: A general and easy-to-use standard account

KIWAMI Extreme Account: Focuses on low spreads, with swap-free options for certain instruments

Zero Account: Emphasizes narrow spreads with a minimum of 0 pips. Commission-based

In short,

Beginners → Micro / Standard

Cost-conscious → KIWAMI Extreme / Zero

This is a good way to choose.

3) Low minimum deposit makes it easy to start

XM has a relatively low minimum deposit of approximately $5, making it one of the easier overseas FX brokers to start with.

Advantages

You can start without depositing a large sum of money right away.

Easy transition from demo to live account.

4) Compatible with MT4 and MT5

XM is compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It can be used on PC, Mac, smartphone, and WebTrader.

Advantages

Easy to use indicators and EAs (Expert Advisors/EAs).

Trading in a standard environment for overseas forex.

Easy to use for both discretionary and automated trading.

5) Relatively comprehensive Japanese support

XM has relatively comprehensive Japanese pages, support, and content.

Help center, learning content, and app guides are also available.

Reasons why it’s suitable for beginners

Easy to navigate when opening an account.

Easy to find information on deposits, withdrawals, and identity verification.

Easy to use even for those new to overseas forex.

6) Strong bonus and campaign offerings

XM is known for its account opening bonuses and deposit bonuses.

Promotions are prominently featured on the official website.

Advantages

Easy to start with minimal initial capital

Easy to get used to the trading environment through practice

Points to note

Bonuses have withdrawal conditions and eligible account types, so it is essential to check the terms and conditions before using them

7) Wide range of tradable instruments

XM handles not only FX but also the following instruments:

FX currency pairs

Precious metals such as gold and silver

Energy such as crude oil

Stock indices

Stock derivatives

Thematic indices

Advantages

Easy to trade multiple markets with one account

Convenient for those who want to trade not only currency but also gold and indices

What is XM’s VPS?

XM’s VPS is a virtual private server used to run MT4/MT5 and EAs (automated trading systems) 24 hours a day.

Simply put, it’s a system where you rent a high-performance PC on the internet to run trades continuously, instead of using your own PC. XM offers this as XMTrading VPS. Customers can access and apply for it from the company’s homepage, but please note that there are risks involved in investing in commodity markets.

First conclusion: What is XM’s VPS for?

The primary purpose is to ensure stable operation of EAs (automated trading systems) and MT4/MT5 without interruption.

Normally, when running an EA on your home PC, you encounter problems such as:

It stops when the PC is turned off.

It stops when the internet connection is lost.

It stops during Windows updates or restarts.

It stops when the laptop goes to sleep.

However, with a VPS, since it’s constantly running on the server side,

the biggest advantage is that the EA continues to run even when you close your PC.

1) You can run the EA 24 hours a day without interruption.

This is the biggest advantage.

For example:

Entry conditions arise late at night.

Settlement conditions are triggered early in the morning.

You want to trade even while you’re at work or sleeping.

In these situations, your home PC might be unstable, but a VPS makes it easier to handle.

2) Reduces the impact of communication and PC problems

In a home environment,

Unstable Wi-Fi

Power outages

PC freezes

Connection delays

These can occur.

Using a VPS, the main execution of trades resides on the server side,
making it less susceptible to problems with your home PC.

3) Advantageous for scalping and EA (Expert Advisor) trading

XM officially states that their VPS is located near the London data center and is designed for high-speed connection operation.

Therefore, it’s compatible with EAs that prioritize execution speed and stability.

However, it’s important to note that
using a VPS doesn’t guarantee profits.

A VPS is merely a “tool to improve the environment,”
and not a magic spell that enhances the superiority of the EA’s logic or trading method itself.

Who this is suitable for:

Those who want to seriously use EAs (automated trading systems)

Those who use trading methods that require 24/7 operation

Those who want to run scalping EAs

Those who don’t want to leave their home PC on all the time

Those who want to reduce internet connection and PC problems

Who this is not really necessary for:

Those who primarily use discretionary trading

Those who only occasionally trade manually on their smartphones

Those who rarely use EAs

In short,
“It’s not essential for manual traders, but it’s quite important for EA users.”

This is its positioning.

Conditions for using XM’s free VPS

To use XM’s free VPS, you must meet the following two conditions simultaneously. XM’s official website clearly states these conditions for applying for a free VPS through the member page.

1) Account balance of 1,000 USD or more

In other words, your XM account must have at least 1,000 USD worth of funds.

For yen accounts, the exchange rate at the time will be used for the determination.

2) Trading 5 standard lots or more round trip per month

Or
Trading 500 micro lots or more round trip

These conditions also meet the requirements.

What does “5 lots round trip” mean?

This is quite important.

“Round trip” means completing a new order and closing an order as one transaction.

For example:

Buy 1 lot of USD/JPY

Then close 1 lot

This set is considered 1 lot round trip.

In other words, the free condition of “5 standard lots round trip” means:

5 completed trades of 1 lot

or
10 completed trades of 0.5 lots

This is the general idea.

Are multiple accounts combined?

Yes, they are combined.

XM officially states that

Other trading accounts registered with the same email address are also combined for the assessment.

For example:

Account A: Balance 600 USD

Account B: Balance 500 USD

Then, a total of 1,100 USD is possible to meet the balance requirement.

Trading volume is also combined for the condition assessment.

What happens if I don’t meet the conditions?

Even if you don’t meet the free conditions, you can still use the VPS.

In that case, 28 USD per month will be automatically deducted from your MT4/MT5 account on the 1st of each month.

XM VPS Specifications

The most straightforward assessment of XM’s VPS specifications is that it’s “sufficient for running 1-2 EAs, but doesn’t have much headroom for ‘heavy trading’.”

XM’s official website lists the following basic VPS specifications: Windows Server 2022 / 1 vCPU / 2.5GB RAM / 30GB storage. It also states that the location is approximately 1.5km from the London data center.

XM VPS Specifications List

Item: XM VPS Specifications
OS: Windows Server 2022
CPU: 1 vCPU
Memory: 2.5GB RAM
Storage: 30GB
Connection Environment: Fiber Optic Connection
Location: Near London (very close to the XM data center)

This configuration is listed on XM’s official VPS information page.

What can you do with these specifications?

In conclusion, XM’s VPS is “suitable for light to medium EA trading.”

In short, it’s quite compatible with:

One MT4/MT5 instance

One to two EAs

Not too many monitored charts

Discretionary trading + auxiliary EAs

A small number of scalping EAs

These are the main scenarios.

Conversely, it’s not very suitable for:

Multiple MT4/MT5 instances running simultaneously

Many EAs running simultaneously

Displaying a large number of resource-intensive indicators

Continual full monitoring of multiple currency pairs

High-load portfolio EAs

In other words, it’s best to think of it as “for those who want to get automated trading running stably first,”
and not “a high-spec VPS for serious multi-strategy trading.”

The meaning of the connection and server location is also important.

According to official sources, XM’s VPS is located approximately 1.5km from the XM data center in London,
and uses a fiber optic connection.

This means that
“the communication distance is short, making it easier to stabilize the execution environment.”

This is important.

The value of a VPS isn’t determined solely by its CPU and memory, but also by how close it is to the broker’s server.

Therefore, XM’s VPS is designed to be well-suited for running EAs on XM.

A range that is fairly stable:

One MT4 or MT5 instance

1-2 EAs

Fewer charts

Fewer indicators

A range that can be managed with some ingenuity:

3-5 EAs

Multiple currency pairs

Focus on lightweight logic

A range that tends to become heavy:

Multiple MT4/MT5 instances running

Many EAs running in parallel

Martingale, grid, multi-currency indicators

Using heavy panel indicators in conjunction

In short,
“Sufficient for simple operation, but too much will cause problems.”

Comparing XM’s VPS with Other Companies

XM’s VPS is positioned as “easy to use for beginners, but compared to other companies, the free conditions are somewhat strict and the specifications are standard.”

First, a comparison table:

項目XMPepperstoneHFMFBSIC Markets
無料条件のわかりやすさ△(要問い合わせ寄り)△(条件詳細が見えにくい)
無料条件の軽さ??
月額有料時のわかりやすさ
VPSスペック標準やや強めプラン制で幅広い標準〜中位情報確認要
初心者向け
EA複数稼働向け○〜◎
XMとの相性

1) Strengths of XM’s VPS

XM’s VPS is located approximately 1.5km from XM’s official London data center and has the following configuration:
Windows Server 2022 / 1vCPU / 2.5GB RAM / 30GB

Furthermore, the free conditions are:

Account balance of 1,000 USD or more

Monthly round-trip trading of 5 standard lots or more

If these conditions are not met, the monthly fee is 28 USD.

XM’s strengths

XM’s biggest strength is that its conditions are clearly stated and easy for beginners to understand.

Even if overseas FX VPS providers advertise “free,” in reality, inquiries are often required, or the conditions are unclear.

In this respect, XM’s relatively clear free conditions, paid fees, and specifications provide peace of mind.

2) XM’s weaknesses

XM’s weakness is that, “compared to the demanding free conditions, the specifications aren’t particularly high.”

1 vCPU, 2.5GB RAM, and 30GB are sufficient for running 1-2 EAs, but
for multiple EAs, multiple currency pairs, and multiple MT4/MT5 instances, there isn’t much headroom.

In short, XM’s VPS is:

Good for those who “just want to run an EA stably”

Somewhat insufficient for those who “want to run multiple strategies seriously”

This is the evaluation.

3) How does it compare to Pepperstone?

Pepperstone’s official information lists the following VPS hardware specifications:
2 vCPU / 4GB RAM / 100GB SSD / Windows Server 2022

Looking at these specifications alone, it has considerably more headroom than XM.

Strengths of Pepperstone over XM

Pepperstone is more suitable for multiple EAs and heavier trading.

In particular,

Those who run multiple EAs

Monitor many currency pairs

Run multiple MT4/MT5 instances

These people may find it more comfortable than XM.

However, it also has weaknesses

On the other hand, Pepperstone’s public page doesn’t clearly state the “free conditions at a glance” as XM does.

On the page, the main focus is on links like “Free VPS available / Contact support,” making XM more user-friendly in terms of ease of comparison.

4) How does it compare to HFM?

HFM offers VPS in three tiers: Bronze, Silver, and Gold.
Specifications and free conditions vary depending on the plan. According to the official information, for example:

Bronze: 1vCPU / 2,560MB RAM / 30GB SSD, 25 USD/month

Silver: 2vCPU / 4,096MB RAM / 50GB SSD, 50 USD/month

Gold: 4vCPU / 6,656MB RAM / 75GB SSD, 80 USD/month

Strengths of HFM over XM

HFM’s advantage is that you can choose VPS performance according to your operational scale.
XM basically has one plan, but HFM makes it easier to categorize:

Light EA operation

Medium-scale operation

Heavy-duty operation

However, there are some points to note.

HFM’s free conditions involve both “net deposit amount” and “trading volume,” which can be a bit complicated for beginners.
In that respect, XM’s conditions are easier to understand.

5) How does it compare to FBS?

FBS also officially offers VPS.
FBS-related services tend to have a strong focus on automated trading and 24/7 operation, making them a good fit for those considering EA (Expert Advisor) operation.

However, based on the publicly available information we were able to obtain, the impression that the conditions are “clearly organized in Japanese” is weaker than with XM.
In other words, XM tends to come out on top in terms of ease of comparison and peace of mind.

Conclusion

Ease of use → XM

EA-oriented and considering a wide range of other companies → FBS is also a candidate

This is the positioning.

6) How does it compare to IC Markets?

While IC Markets does offer VPS services, the publicly available information we were able to confirm lacks sufficient detail for general users to compare (such as free conditions and how the specifications are presented).
We were able to find the terms of service document, but in terms of disclosing information that is easy for beginners to compare, XM is more user-friendly.
On the other hand, IC Markets is generally popular among traders who prefer low latency and EAs, so it’s a good option for those who prioritize execution and EAs over discretionary trading.

How to Apply for XM’s VPS

You can apply for XM’s VPS through the member page in just a few minutes.

However, the process involves “Application” → “Approval and Receipt of Login Information” → “Installing MT4/MT5 and EAs yourself.”

In other words, automated trading will not start just by applying.

① Log in to your XM Member Area

First, log in to your XM Member Area (Member Area).

Even on the official VPS page, VPS requests are made through the “Member Area.”

② Open the “VPS” menu within the Member Area

After logging in, proceed to the VPS application page within the Member Area.

XM officially states that you can apply for a VPS anytime from the Member Area.

What will be confirmed at this point?

The following conditions will be mainly checked during the application process:

Is it free?

Is it a paid service (28 USD per month)?

Which account will the VPS be used with?

Even if you don’t meet the conditions, you can still apply with XM.

In that case, 28 USD per month will be automatically deducted from your MT4/MT5 account.

③ Submit your VPS application

Confirm the necessary information on the VPS page and press the application button (submit request).

XM’s VPS is advertised as a VPS provided by BeeksFX, and support after application is also handled through BeeksFX.

Important Point Here

At this stage, you may not yet be able to access the VPS server.

Normally, you will then be waiting for approval and issuance.

④ Receiving VPS Login Information

After applying, XM or the provider will provide you with information for connecting to the VPS.

You will mainly receive the following three pieces of information:

IP ​​Address

Login Name

Password

XM’s official connection procedure also uses these three pieces of information to connect.

Detailed Steps for VPS Setup and Connection

XM’s VPS setup is only complete after completing the following steps: “Application → Connection → MT4/MT5 Installation → EA Setup → 24-Hour Operation Confirmation.”

Here, we’ll explain the steps in detail, step by step, so even beginners won’t get lost. XM officially requires VPS applications to be submitted through the member area, and connection is done using Windows Remote Desktop Connection.

Overview First

Here’s the overall flow:

Apply for a VPS with XM

Receive IP address, login ID, and password

Connect to the VPS from your PC

Install XM’s MT4/MT5 on the VPS

Log in with your XM account

Install EA, indicators, and set files

Turn on automated trading

Confirm that it doesn’t stop even when disconnected

Following this order significantly reduces the chance of failure.

What to Check After Applying for a VPS

Once your VPS application with XM is approved, you will usually receive the following information.

VPS IP Address

Username (Login Name)

Password

You cannot connect without these three pieces of information.

XM’s official website also guides you through the process of entering the IP address → login name and password when connecting to the VPS.

What to do here

First, make a note of the information you received via email or on the member page.

Especially important:

IP ​​Address

Prevent password copying errors

Uppercase and lowercase letters and numbers

How to connect to XM’s VPS from Windows

Step 1: Open Remote Desktop Connection

If you are using a Windows PC, open this first.

How to open

Press the Start button

Enter “Remote Desktop Connection” in the search bar

Click the displayed app

This is the same as XM’s official connection procedure.

Step 2: Enter the VPS IP Address

Once the app is open, enter the VPS IP address you received from XM in the “Computer” field.

Example:

123.45.67.89

Then click “Connect”.

Step 3: Enter your login name and password

Next, enter the following for your VPS:

Username

Password

Common mistakes here include:

Mixing half-width and full-width characters

Having spaces at the beginning or end

Mistaking similar characters (O and 0, I and l)

Checking if you cannot log in

If you cannot log in, please check the following:

Is the IP address correct?

Is the username your VPS ID and not your XM account number?

Is there a space in the password when you copied and pasted it?

Step 4: Proceed with the initial security warning

When connecting for the first time, you may see a warning in Windows such as “The ID of this PC cannot be verified.”

XM’s official website also states that a security warning will appear on the first connection, but instructs you to proceed with the connection check.

In other words, even if it looks a little scary the first time,
if you are connecting to the correct IP address provided by XM, it is normal operation.

Initial setup after entering the VPS

Once connected, the screen will look like an open “Windows PC on the network.” This is where the real work begins.

Step 5: Adjust screen size for better viewing

The VPS screen may appear small.

In that case, first maximize the window.

If you are using MT5, XM’s guide also allows you to change the resolution.

It’s safer to adjust the settings first, as poor display quality can easily lead to configuration errors.

Step 6: Avoid excessive Windows Update and unnecessary app tweaking

While the VPS runs Windows,
doing too much unnecessary stuff from the start can cause instability.

Basic Rules

Do not install a large amount of unnecessary software.

Do not open a large number of browser tabs.

Avoid watching videos or performing heavy tasks.

XM’s VPS has 1 vCPU / 2.5GB RAM / 30GB,
so it’s basically designed for light use as a dedicated trading machine.

How to install XM’s MT4 / MT5 on the VPS

From here, we will create the foundation for running the EA.

Step 7: Download XM’s MT4 or MT5

Open the XM official website in your VPS browser and download the platform you want to use.

The main options are:

MT4

MT5

XM officially offers MT4/MT5 for PC.

Which should you use?

EA is MT4-only → MT4

EA is MT5-only → MT5

Either is OK → Choose the platform that suits your EA

The EA’s compatibility is the top priority here.

Step 8: Install MT4/MT5

Double-click the downloaded setup file to install.

Usually, you can proceed as is, but if you plan to use multiple MT4/MT5 instances, it’s important to change the installation folder name.

XM’s guide also advises changing the folder name when installing multiple instances on the same PC.

Example:

XM MT4 Main

XM MT4 GoldEA

XM MT5 Backup

This will help avoid confusion later.

How to Log in to MT4/MT5 with Your XM Account

Step 9: Log in with your XM Trading Account

After launching MT4/MT5, log in with your XM account.

You will need:

Account Number

Trading Password

Server Name

Common Mistakes Here

The most common is selecting the wrong server.

For example:

A demo server for a real account

Trying to log in with MT5 for an MT4 account

Incorrect server name

The XM guide also explains how to switch connection servers in the PC version of MT4/MT5.
If you cannot connect, please check your server settings.

How to Install an EA on a VPS

At this point, you are finally ready to install the EA.

Step 10: Transfer the EA File to the VPS

Next, transfer your EA file to the VPS.

The files you typically need are as follows:

EA File (.ex4 / .ex5)

Indicator

Set File (.set)

Template (.tpl)

DLLs and auxiliary files if necessary

How to Transfer EA Files to VPS (Easy)

The easiest method is one of the following:

Method A: Copy and Paste from Your PC

Remote Desktop allows you to copy and paste between your PC and the VPS, depending on your settings.

Method B: Cloud Storage

Google Drive

OneDrive

Dropbox

You can also download the file to the VPS using these services.

Method C: Email Attachment

For small EA files, you can send them via email and open them on the VPS.

Step 11: Place in the MT4/MT5 Data Folder

Next, place the EA in the correct location in MT4/MT5.

Common steps for MT4/MT5

Open MT4/MT5

“File”

“Open Data Folder”

Open MQL4 or MQL5

Within that folder:

Experts → EA file

Indicators → Indicators

Presets → .set

Templates → .tpl (MT4-centric)

Place the EA in these locations.

Extremely important

If you place it in the wrong location, the EA will not be displayed.

This is a point where beginners often stumble.

How to set and run the EA on the chart

Step 12: Restart MT4/MT5

After adding the EA or indicator,
restart MT4/MT5 once.

Otherwise, it may not be displayed in the Navigator panel.

Step 13: Drag the EA onto the chart

Next, open the chart for the currency pair you want to use,
and drag the EA from the Navigator panel onto the chart.

Here you can set things like:

Lot size

Averaging down setting

Maximum number of positions

TP/SL

Timeframe

Spread limit

Magic number

etc.

Caution

Making a mistake here is the most dangerous.

The VPS will run incorrect settings for 24 hours, so
it’s best to always check with a demo account or small lot size first.

Step 14: Turn on “Automated Trading”

This is the last and most important step.

For MT4:

Turn on the “Automated Trading” button in the top toolbar.

For MT5:

Turn on Algo Trading / Automated Trading.

If this is OFF,

the EA will not work at all, even if you install it.

How to check if it’s working:

MT4: Face icon in the upper right corner of the chart

MT5: EA display and journal log

If these are displayed correctly, it’s generally OK.

Troubleshooting When It Doesn’t Work

When your XM VPS isn’t working, 90% of the time the cause is one of the following: connection issues, login issues, EA placement issues, automated trading disabled, or incorrect account/server.

Therefore, you can fix it with a high probability by eliminating these issues in order from top to bottom. XM’s official website also guides you through the following steps for VPS connection: Remote Desktop Connection → IP Address Input → Login Name/Password Input.

When You Can’t Connect to the VPS at All

Symptoms

Unable to log in via Remote Desktop

Password Error

Stuck on the connection screen

Stuck on a black screen

Possible Causes

These four are the most common:

Incorrect IP Address Input

Incorrect VPS Login Name

Incorrect Password Copy-Paste

Using Outdated Connection Information After VPS Application

XM’s VPS connects using “VPS Login Information”, not your XM account number. Many people make this mistake.

Troubleshooting

Check the following in order:

① Reconfirm your IP address

Re-enter the VPS IP address sent from XM/Beeks exactly as it is.

Common mistakes:

Missing dot

Extra spaces

Using an old IP address

② Review your login name

Use your VPS username, not your XM account number.

Example:

❌ MT4/MT5 account number

⭕ VPS connection username

③ Try manually entering your password

Copying and pasting often results in spaces at the beginning or end.

Try manually entering it at least once.

Easily confused characters:

O and 0

I and l

S and 5

④ If you fail multiple times, contact support

XM officially states that support after applying for VPS service is provided directly by BeeksFX.

In other words, connection problems are likely to be handled by Beeks’ support desk.

When you can access the VPS but cannot log in to MT4/MT5

Symptoms

“Invalid Account”

“Authentication Failed”

“Disconnected”

Bottom right: Not Connected / n/a

According to the XM guide, login failures may display messages such as “Invalid Account” or “Authentication Failed.”

Possible Causes

This is quite typical.

Incorrect Account Number

Incorrect Trading Password

Incorrect Server Name

MT4 Account but MT5, or vice versa

Account Frozen / Demo Expired

Solutions

① Reconfirm Account Number

MT4/MT5 login uses the trading account number, not the email address.

② Reconfirm Password

Use the trading account password, not the member page login password.

This is easily confused.

Member Page Password

MT4/MT5 Password

These may be managed separately.

③ Switch Servers

This is the most easily overlooked point.

For example:

A real account is using a demo server.

An old server has been selected.

The MT4 server and MT5 server are different.

According to the XM guide, you can switch servers from the connection status in the lower right corner of the screen.

If the lower right corner shows “n/a,” try re-selecting the server as your top priority.

④ Check for account freeze/inactivation

XM also lists account freeze and demo account expiration as reasons why charts may not move.

Checkpoints

Is it a real account that has not been used for a long time?

Is the demo account expired?

Is the account archived?

When you can access MT4/MT5, but the chart doesn’t move.

Symptoms

The chart is frozen.

“Waiting for update”

Candlestick charts are not moving.

Quotes are displayed, but only the chart is abnormal.

XM’s official website also states that charts may not display correctly due to unloaded price data, incomplete login, server connection problems, or outside of trading hours.

Solutions

① Drag and reopen a different instrument

Following XM’s guide, drag and drop the instrument from the quotes onto the chart to reopen it.

② Check if it’s outside of trading hours

This happens surprisingly often.

For example:

Index CFDs are closed

Individual stock CFDs are outside of market hours

Weekend suspension for currencies other than cryptocurrencies

If “FX is moving, but only that instrument is stopped,” it’s highly likely to be outside of trading hours.

③ Check the connection status in the bottom right

If the bottom right of MT4/MT5 shows

n/a

Not connected

The connection indicator is extremely low

Even if you have it installed on a VPS, MT is not connected to the server.

In this case, re-selecting the server → restarting MT is effective.

④ Restart MT4/MT5

Simple, but quite effective.

Procedure:

Completely close MT4/MT5

Wait a few seconds

Restart

Confirm re-login

When the EA is not displayed

Symptoms

EA does not appear in the Navigator

File is not visible even though it was placed

Only indicators are displayed

EA is not reflected even though it was placed

Possible Causes

This is almost always caused by a placement error.

Incorrect folder in MT4/MT5

Not in Experts folder

MT4 EA placed in MT5

Not updated/restarted

XM’s guide also instructs that EAs should be placed in:

MT4 → MQL4/Experts

MT5 → MQL5/Experts

Solution

① Check if it is in the correct folder

On MT4/MT5:

File → Open Data Folder

Then

MT4 → MQL4 > Experts

MT5 → MQL5 > Experts

Place the EA file in these folders.

② Review ex4/ex5

This is extremely important.

.ex4 → For MT4

.ex5 → For MT5

They are not compatible.

In other words,

An .ex5 file won’t work in MT4.

An .ex4 file won’t work in MT5.

③ Update the Navigator

Follow the XM guide,
right-click on “Expert Advisors” in the Navigator → select “Refresh”.

If it still doesn’t appear, restart MT4/MT5.

When the EA is displayed but doesn’t trade

Symptoms

The EA is installed but does nothing.

The smiley face/display is there, but no entries are made.

The signal conditions should be met, but there is no response.

This is the most common issue.

And, often, it’s not a “broken” EA, but a “setting or condition” issue.

First things to suspect

Check in the following order:

① Automated trading is OFF

This is the most frequent issue.

MT4 → Automated Trading

MT5 → Algo Trading / Automated Trading

Please check if these are turned ON.

Simply adding an EA won’t make it work.

② Not permitted in the EA’s individual settings

EA Properties

Allow automated trading

Allow DLL usage (only for necessary EAs)

If these are OFF, it may not work.

Especially authentication-type EAs and EAs with auxiliary functions may require DLL permission.

③ Conditions haven’t been met yet

This is quite common.

Even if the EA isn’t broken,

If it’s not within the specified time frame

If the spread conditions haven’t been met

If indicators are being avoided

If waiting for candle close

If a position is open and waiting for the next condition

Nothing will happen even if everything is normal.

In other words, it’s not that it “doesn’t move,” but rather that it “hasn’t fired yet.”

④ Lot size or order condition errors

Common errors include:

Lot size less than minimum / greater than maximum

SL/TP too close

Insufficient margin

EA running on an unsupported instrument

In this case, even if it appears to be stopped,
the order is actually being rejected in the background.

How to Cancel XM’s VPS

To cancel XM’s VPS, you generally need to submit a cancellation request through the member area (or via support).

Most importantly, be sure to back up your MT4/MT5, EA, and configuration files before canceling. The VPS is a service you apply for through the XM member area, and if you’re using the paid service, 28 USD per month is automatically deducted from your account on the 1st of each month. Therefore, if you’re not using it, it’s best to stop it early to avoid waste.

In conclusion:

The cancellation process is roughly as follows:

Back up your MT4/MT5 and EA data on the VPS

Stop all positions and running EAs

Check the VPS-related menu on the XM member area

Submit a cancellation request (if you can’t find it, contact support/Beeks)

Confirm that the service is stopped before the next billing cycle

XM officially states that the VPS is a service applied for through the member area, and support after the application is provided directly by BeeksFX. This means that in some cases, the final point of contact for cancellation or connection termination may be through Beeks.

Top Priority: Things to Do Before Canceling

Skipping this step will cause significant problems later.

What to Back Up

When canceling your VPS, it’s safer to assume that the environment you had on the VPS will be lost.

Please back up the following to your PC first:

EA (Expert Advisor) file (.ex4 / .ex5)

Indicators

Set files (.set)

Templates

MT4/MT5 login information

Notes on your chart configuration

Settings of your running EA

Especially Important

“I have the EA file, but the .set file is only on the VPS.”

This situation is extremely dangerous.

Because even if you try to rebuild after cancellation,

you may not be able to reproduce the same settings as before.

Stop Running EAs and Positions

Before canceling, completely stop all automated trading on the VPS.

Things to do

Open MT4/MT5

Turn off Algo Trading

Remove any running EAs from the chart (if necessary)

If you have open positions, do not leave them unattended

Why is this necessary?

After canceling the VPS, the environment will naturally stop,
so this is to prevent the EA from disappearing midway and unintentionally being left unattended.

Particularly dangerous patterns

You canceled the VPS, but you thought you migrated to a different environment, but you actually didn’t.

Conversely, you’re running both a different PC and the VPS simultaneously.

You partially stop a martingale EA or grid EA.

These are all quite prone to errors.

Check if you can cancel from the XM Member Page

XM’s VPS is the type that you apply for from the Member Page.

Therefore, first, check if the VPS management menu is in the same Member Area as when you applied.

Guidelines for checking the location

Look in the following locations within the Member Page:

VPS

Tools / Services

Account-Related Options

Submitted Services

If you see items like “Cancel,” “Stop,” or “VPS Management,”
it’s highly likely you can submit a cancellation request from there.

The Right Way When You Can’t Find the Menu

This is very important.

The VPS cancellation UI can be confusing or its appearance can vary depending on the timing.

In that case, the fastest way is to submit a “VPS Stop Request” to XM Support or BeeksFX.

XM officially states that BeeksFX directly provides support after VPS application.

Content to Send (Ready to Use)

Sending the following information to support will make it easier to communicate:

XM Account Number

Statement of wanting to cancel the VPS

Statement of wanting to stop before the next billing cycle

VPS Login Information (if necessary)

Desired Stop Date

Things to Watch Out For When Canceling

Not knowing this can easily lead to situations where you’re charged for a service you didn’t use.

XM’s VPS automatically deducts 28 USD per month on the 1st if the conditions are not met.

Therefore, it is safer to complete the cancellation confirmation process before the very end of the month.

Practical Recommendation

Ideally,

Submit your cancellation request 2-5 business days before the end of the month

To be safe, submit it during the previous week.

Reasons

You may be waiting for a support response

Beeks may handle the cancellation

There may be a time lag before the cancellation is reflected

How to Confirm Cancellation

Simply “submitting a request” is insufficient.

It is only complete after confirming that it is “stopped.”

Confirmation Points

Confirming any of the following is sufficient:

You receive a cancellation confirmation email from XM/Beeks

The VPS status on your member page is stopped/inactive

You are excluded from the next billing cycle

You can no longer connect to the VPS (after cancellation)

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