I am about to start trading live for the first time with an EA.
I have my Mt4 in a VPS…and I’d like to keep trading in my demo account ( to continue to test stuff out). I’m just wondering if I need another version of Mt4 in my VPS or can I successfully trade both the demo and live account from the same version of Mt4. I had planned to put another version of Mt4 into my VPS just to be sure. However, I am now worried it might chew up too much space. But I’m willing to upgrade if that is the best option.
You got it. 1 terminal installation per account, so you need 2. Remember, if you cannot see your account info(balance, open trades, etc) in the terminal, then neither can your EA.
You should be ok to run 2 terminals on your VPS assuming it is more or less standard entry level. Check the RAM and if you have about 1 Gig you are good to go.