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Best VPS for IC Markets?

  • #1
  • First Post: May 2, 2019 11:26pm May 2, 2019 11:26pm
Hi everyone,

I'm trading with the broker "IC Markets" and I'm looking for a VPS. I've never done this before.
Which one would you suggest for IC Markets? Reliability / uptime / no freezes are a must.

Any help is appreciated. : )
  • #2
  • May 3, 2019 5:31pm May 3, 2019 5:31pm
I use VPS Blocks for many reasons, but the most important was 'write speed'. No other VPS service facilities offered enough write speed when tested.
My set up with MT4 required good write/read speed, and it is quite often overlooked when selecting a VPS, most people just focus on RAM, Cores etc.

Apart from that if you are in Australia their pricing, selection etc. is quite fair. So many to choose from but you don't find out until later if they are up to the task.
My comments are not to be taken as trading advice, not a financial advisor
  • #3
  • May 4, 2019 11:18am May 4, 2019 11:18am
Why you need a VPS for trading?
  • #4
  • May 4, 2019 4:56pm May 4, 2019 4:56pm
They will offer very slow speed VPS.
  • #5
  • May 4, 2019 11:13pm May 4, 2019 11:13pm
Quote
They will offer very slow speed VPS.
Shill
Got anything positive to add to the OP's question?

Anyone looking to trade profitably and seeking low-latency when using a retail trading platform, is behind the eight ball anyway, and has very little experience at FX trading, so best of the worst is what's left. IC probably offer their own, but who has access to it?
My comments are not to be taken as trading advice, not a financial advisor
  • #6
  • Jan 28, 2020 2:48pm Jan 28, 2020 2:48pm
what they offer for 1 MT4 it's fine and latency is below 5 ms
  • #7
  • Feb 6, 2023 9:30am Feb 6, 2023 9:30am
Bump, I need a few answers to the OP question.

I have made my first MT4 trading Algo within the last month, backtests have gone well. And now need to forward test on IC markets.

Any advice for 2023 or Pitfalls I can avoid, would be helpful.

I'm looking to pay around $30US a month.
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  • #8
  • Feb 8, 2023 5:57am Feb 8, 2023 5:57am
I am with ForexVPS Lite $14.94/month, Lite is an offer for IC Markets Clients.

I have got 3 x MT4 Terminals on it, each with one 15 min chart.

They told me in order to Optimize MT4 on the server I need to set Max history and Max Bars on Chart to 1.

But I always thought Bars in History would affect the EA, but apparently it does not?

Does anyone know if this advice ("set max bars to 1 bar") is correct?

Thank you,

Philip
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #9
  • Feb 8, 2023 1:43pm Feb 8, 2023 1:43pm
Update: the advice I was given was wrong. You should reduce no. of bars in history and on chart. But not to 1.

I set my Terminals to 20,000 bars, because I have the 15minute chart looking back 15,000 bars (Multtimeframe from Daily Chart).

The advice was meant for Copy Trading Signals.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #10
  • Feb 25, 2023 2:46am Feb 25, 2023 2:46am
Did you take a look at tradingfxvps? They are cheaper compared to beeksfx, I use it with Hotforex and basically experience no issues. Moreover they offer Hyper-V virtualization which is certainly faster
  • #11
  • Mar 8, 2023 5:53am Mar 8, 2023 5:53am
IC is the worst broker!
RAW spreads are not raw, they have huge slippage.
And the most annoying thing is they lost connection daily 2-3 times.
Every day for 5-10 minutes there is no connection, no trades, nothing!
Can't fill orders and in the second pic during london&ny there was no connection for 15 minutes.
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  • #12
  • Mar 9, 2023 3:34am Mar 9, 2023 3:34am
Quoting VikThor1
IC is the worst broker! RAW spreads are not raw, they have huge slippage. And the most annoying thing is they lost connection daily 2-3 times. Every day for 5-10 minutes there is no connection, no trades, nothing! Can't fill orders and in the second pic during london&ny there was no connection for 15 minutes.{image}{image}
I Trade with IC , LMAX and DOO Prime atm. I can say from experiance that IC will get you on their LP only with account over 20.000 and good trading, the rest is true B Book with no raw spreads, slippages and often you feel the virtual dealer if you try closing per hand.
LMAX compared is another world, same with Doo Prime UK clearing, additionally at DOO you have swap free account MT4 or MT5.
  • #13
  • Mar 13, 2023 6:00am Mar 13, 2023 6:00am
Quoting DooPrimeClea
{quote} I Trade with IC , LMAX and DOO Prime atm. I can say from experiance that IC will get you on their LP only with account over 20.000 and good trading, the rest is true B Book with no raw spreads, slippages and often you feel the virtual dealer if you try closing per hand. LMAX compared is another world, same with Doo Prime UK clearing, additionally at DOO you have swap free account MT4 or MT5.
If they can't provide good demo servers to test the broker itself than how people trust them to deposit money?
15 min connection error again!
Daily 4-5 times!
It's getting worse...
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  • #14
  • Mar 13, 2023 6:35am Mar 13, 2023 6:35am
Quoting VikThor1
{quote} If they can't provide good demo servers to test the broker itself than how people trust them to deposit money? 15 min connection error again! Daily 4-5 times! It's getting worse... {image}
Hi I am actually with ICmarkets.eu... no idea regarding their other channels. But brokers have sometimes issues, this is possible.
  • #15
  • Mar 13, 2023 6:58am Mar 13, 2023 6:58am
Quoting DooPrimeClea
{quote} Hi I am actually with ICmarkets.eu... no idea regarding their other channels. But brokers have sometimes issues, this is possible.
Sometimes, yes. But not 4-5 times daily every day.
  • #16
  • Mar 13, 2023 7:03am Mar 13, 2023 7:03am
Quoting VikThor1
{quote} Sometimes, yes. But not 4-5 times daily every day.
I am with them live... second year, never had issues...sometimes spreads but was issue with most OTC brokers at similar times, so nothing that unusual, also had delay closing manually...50/50 as sometimes delaying got me better closing price or not...but was 50-50, nothing that unusual.
Based on volumes, leading company... but again, I use a few brokers and never will trust 1, no matter name.
  • #17
  • Mar 13, 2023 8:11am Mar 13, 2023 8:11am
Quoting bippo
Hi everyone, I'm trading with the broker "IC Markets" and I'm looking for a VPS. I've never done this before. Which one would you suggest for IC Markets? Reliability / uptime / no freezes are a must. Any help is appreciated. : )
Have you checked tradingfxvps.com? I use it with Hotforex and get 1-2 ms connection latency
  • #18
  • Mar 22, 2023 3:22am Mar 22, 2023 3:22am
Quoting pizd0s
{quote} Have you checked tradingfxvps.com? I use it with Hotforex and get 1-2 ms connection latency
I have a question, how do we use a VPN service like NordVPN and pick an EU server, will we get low stable connection latency?
  • #19
  • Mar 22, 2023 3:24am Mar 22, 2023 3:24am
They are good; can also try out aaafx’s vps as the monthly charges are quite affordable ($25), plus been getting good speed and low latency using their vps service.
  • #20
  • Last Post: Jun 29, 2023 1:25pm Jun 29, 2023 1:25pm
check out New York City Servers. They offer around 1-2ms ping to IC Markets servers. Never had any problems with them so far.
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