FXVM
4.0/5

FXVM

Budget Friendly VPS Provider

£16.00/month


FXVM is a super solid and budget-friendly VPS provider for automated trading strategies.

We recommend Lite or Basic packages initially then scale as needed.

FXVM VPS Review

Not to be confused with FXCM – a nearly identical sounding forex broker (!) FXVM is actually a very good VPS provider that stands out for its solid, straightforward offerings, particularly in the trading world.

For traders using MT4, MT5, or cTrader platforms, a reliable VPS (Virtual Private Server) can make all the difference in running seamless, uninterrupted trades—especially for those using automated or algorithmic strategies

If you’re considering a VPS for your trading needs, here’s everything you need to know about FXVM’s services, features, and what type of trader might benefit most from it.


Key Features of FXVM: A Quick Overview

1. High Uptime Guarantee – 99.9% Reliability 

FXVM knows that downtime can be a nightmare for traders, especially if you’re relying on your algorithms to run uninterrupted. With a 99.9% uptime guarantee, FXVM keeps your trading systems online virtually all the time, with compensation if they don’t hit that target. Whether you’re a day trader or running longer-term automated strategies, you’ll appreciate the reliability this uptime guarantee provides.

2. Low Latency to Major Financial Hubs

Latency can make or break certain trading strategies, and FXVM understands that. With servers located in LondonFrankfurt, and New York, FXVM provides quick access to major financial hubs, which is a major plus for traders in need of low latency. While it doesn’t have the massive location variety of some VPS providers, it covers the essentials, allowing for impressively low latency if you’re trading in popular markets like the UK or US.

3. Pre-installed MT4, MT5, and cTrader Platforms

Setting up can be tedious, especially if you’re a beginner. FXVM makes things easy by pre-installing popular trading platforms like MT4 and MT5. This plug-and-play setup is fantastic if you’re new to VPS or don’t want to waste time configuring everything. Simply log in, and you’re good to go. For those using cTrader or NinjaTrader, FXVM also supports these platforms, which makes it incredibly versatile.

4. Windows OS Support

FXVM’s servers run on Windows OS, which is compatible with most trading platforms and makes the transition smooth for traders already familiar with the Windows environment. Plus, Windows servers are known for their stability and ease of use with trading software, so this setup is great if you want minimal fuss.

5. 24/7 Customer Support

If something goes wrong in the middle of the night, FXVM’s customer support is available 24/7 to help you out. This kind of support is invaluable for traders, especially those running bots or trading at odd hours. Having round-the-clock assistance means you can trade with peace of mind, knowing that help is only a message away.


FXVM’s Pricing Plans

FXVM offers four main plans that cater to traders with varying needs and budgets. Here’s a quick breakdown of each:

PlanCPU CoresRAMSSD StoragePrice (GBP/Month)
Lite VPS21.5 GB40 GB£13.60 – £16.00
Basic VPS22.5 GB50 GB£19.55 – £23.00
Advanced VPS44 GB80 GB£33.15 – £39.00
High Freq VPS1 (3.4GHz+)3 GB90 GB£45.05 – £53.00
Prices are at a 15% discount at time of writing [October 2024] so are subject to change.

Each plan is structured to meet different levels of trading needs. If you’re just getting started, the Lite plan provides solid basic performance, ideal for single bots or lighter trading loads. For more advanced setups, the Advanced or High Frequency plan offers significantly more CPU and RAM, making it a great choice for traders running multiple bots or trading on multiple accounts.

Each plan includes essential features like:

  • Dedicated IP Address
  • Automatic Backups
  • Optimized for MT4/MT5, cTrader, and other popular platforms
  • Uptime Guarantee


Who Is FXVM Best For?

FXVM’s simplicity and cost-effectiveness make it ideal for several types of traders, but here’s a breakdown of who might benefit most:

Advanced Traders
FXVM is a solid pick for advanced traders who need low latency and reliable uptime to support their trading algorithms. The High Freq VPS option with its 3.4GHz+ CPU core is especially attractive for high-frequency traders, as it’s tailored to handle quick order execution with minimal delay. While FXVM may not have the vast server customization options of some other providers like Ultahost, FXVM does the job reliably and keeps latency low, even for high-frequency trading.

Beginner Traders
If you’re a beginner, FXVM’s Lite VPS or Basic VPS plans offer an affordable and straightforward way to get started with a VPS. The pre-installed MT4/MT5 platforms, 24/7 support, and Windows OS mean you won’t have to worry about a complicated setup. For traders new to using a VPS, FXVM’s user-friendly approach and cost-effective entry-level plans make it easy to dive into the world of automated and algorithmic trading.

Budget-Conscious Traders
For traders watching their budget, FXVM offers solid value for the price. The Lite VPS at £13.60/month offers excellent value for solo traders or those running just one or two bots. If you don’t need ultra-high performance but still want a reliable VPS, this option provides a good balance between cost and capability.


My Personal Take on FXVM

What I like about FXVM is that it’s designed with traders in mind, from the pre-installed platforms to the strategic server locations. They don’t overcomplicate things with flashy features; instead, they deliver solid performance, low latency, and reliability. Whether you’re running an EA on MT4 or testing out strategies on cTrader, FXVM has options that cater to different needs.

For those trading in London or New York, FXVM’s server locations are a nice touch, providing the proximity needed to reduce latency. The 24/7 support is also a big bonus, especially if you’re new to VPS and may need help getting things running smoothly.


Areas for Improvement

While FXVM does a great job in key areas, there are a couple of places where it could be even better:

  1. Limited Server Customization
    For advanced traders who like more control over their server setup, FXVM might feel a bit limited. It’s a reliable out-of-the-box VPS, but if you’re after extensive customization, something like Ultahost may offer more flexibility.
  2. Server Locations
    FXVM has servers in the most popular financial hubs, which works well for most traders. However, if you’re targeting less common markets or need ultra-low latency in other regions, a provider with a wider selection of servers might better suit your needs.


Final Verdict: Is FXVM Worth It?

Overall, I’d say FXVM is a reliable and accessible VPS choice for traders who want a fast, fuss-free solution. The pricing is competitive, and it covers the essentials—especially if you’re focused on MT4, MT5, or cTrader. With low latency to key financial hubs, 99.9% uptime, and 24/7 support, FXVM ticks all the boxes for a reliable trading VPS.

If you’re a beginner or even an advanced trader looking for a solid, straightforward VPS, FXVM is an option that gives you quality performance without overcomplicating things. It’s a no-nonsense VPS that does what it says on the tin, and for most traders, that’s exactly what you need.

Top Brokers

Dedicated Spread Betting Platform 
Huge range of instruments and great protections for UK traders.

T&Cs Apply

Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Experienced CFD & Spread Betting Broker 
Wide range of instruments, for CFD trading & Spread Betting with great spreads & platforms.

Risk Warning

70.5% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider.

UK Spread Betting & Investing Platform 
IG is a pioneer in spread betting, offering FCA-regulation and access to over 17,000 instruments, ideal for serious traders.

T&Cs Apply

69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trusted, Australian-Based Broker 
Excellent user experience with commonly used software options MT4, MT5 & cTrader 

Risk Warning

75.5% of retail investor accounts lose money when trading on margin with this provider

Dedicated Spread Betting Platform 
Unbelievable proprietary platform & application trading experience.

T&Cs Apply

76% of retail investor accounts lose money when trading CFDs with this provider.