After you run your own trading bot for some time, It is quite often that you will want to test other Expert Advisors or Trading Strategies. In this case, you might want to run different trading strategies/EA on the different trading accounts so that you can separate your fund for a different strategy and limit your risk (For example, you run Ophiuchus for some time and now you want to test Jakiro in another account). This article is to share the steps to run multiple Metatrader Clients in one VPS.
One Metatrader client can only run one trading account. To be able to run multiple trading accounts you need multiple MetaTrader clients.
Steps to setup
The following is the step-by-step to run multiple MetaTrader clients in one VPS.
Go to C:\Program Files (x86) and right-click on FBS Trader 4 and then click copy.
Right-click and paste into the Program Files folder, and an FBS Trader 4 – Copy folder will be created and you can rename this folder to whatever name you want.
Click into that folder and then double-click on terminal.exe. A new FBS client will be launched and ask for your login.
Login to your new trading account and then you can run other EA on this account.
To make things more organized, optionally, you can rename the Metatrader folder to a meaningful name (eg, the strategy name such as Ophiuchus), and then create shortcuts using a meaningful name. The shortcut can be pasted on the desktop so that you can launch it easily.
The same method above can be used for both Metatrader 4 and Metatrader 5.
With the above steps, you can run as many Metatrader clients on the VPS as long as the VPS hardware (CPU and Memory) can support it.
Happy Trading!
