Read on Switch Markets's own page and each VPS company's. Offers change and differ by country and entity: confirm with Switch Markets. ProEA is an affiliate of both VPS companies named here, FXSVPS and ForexVPS: either may pay us a share if you buy through our partner link. Every price and limit on this page is read from the company's own pages on the date given, and the arithmetic treats them the same. ProEA is not an affiliate of Switch Markets or of any broker.
What Switch Markets asks
Switch Markets' page says no minimum volume is required: an approved live account and a deposit of at least $50 gets a free VPS, on Standard and Professional accounts but not Cent. ForexVPS, which supplies the server, says 1 lot a month and a $50 balance for Switch Markets in its own terms. The two pages disagree, so ask Switch Markets which applies to your account.
| Route | Volume | Money in the account | Only if |
|---|---|---|---|
| Switch Markets' own offer (a ForexVPS server) | No volume asked | $50 deposit | the account is Standard or Professional, not Cent ("Free VPS is available for Standard and Professional accounts only") |
| Through ForexVPS | 1 lot a month | $50 balance | the account sits under ForexVPS's introducing-broker id (a new one, or yours moved across); its terms also say you "must exceed" the figure |
Switch Markets' own offer (a ForexVPS server): what its page says, and our notes
“No minimum volume required. When your live account is approved, and a deposit of at least $50 is made, you'll receive a free VPS!” What counts: "Trading activity in Cent accounts does not count toward Free VPS eligibility. Free VPS is available for Standard and Professional accounts only." If you fall short: The page names no volume and no fee. The two pages disagree: Switch Markets says no minimum volume, ForexVPS's terms say 1 lot a month for Switch Markets. Ask before you rely on either. Source
Through ForexVPS: what its page says, and our notes
“SWITCH MARKETS : 1 lot per month” What counts: "We assess your volume on the Forex pairs (currency trading) and metals"; pro-rata in the month you join. The balance is its "minimum account balance required for your broker". If you fall short: "If you fall short of the monthly volume required, we will charge you the difference"; the terms' example, for a Switch Markets account at 0 lots, is $32 a month, and the VPS "can be terminated" in a month you don't trade the lots. ForexVPS's free VPS page adds that "paying the invoice is optional" if you would rather switch the VPS off. The account must sit under ForexVPS's introducing-broker id: a new account opened through its link, or an existing one moved across. Its terms also say "you must exceed the monthly volume required": at exactly the figure, ask. Source
Is it worth trading more to keep it?
Only if you would trade those lots anyway. Lots added to keep a server cost spread and commission, which can come to more than the server.
How to check it with your own numbers
Type what one lot costs you to trade into the checker and it prices the lots you are short. Set that against the page's own fee for a short month, where it names one, and against paying for a VPS outright: the forex VPS cost calculator prices that for your terminals.A VPS company's route means opening or moving the account under it as introducing broker: ask Switch Markets what that changes for your account before you do.