AlgoBars
MetaTrader alternative
A free MetaTrader alternative
that runs without a VPS
MetaTrader robots (Expert Advisors) only run while your own computer is on, so most traders rent a VPS for $15 to $50 a month to keep them online. AlgoBars connects to your MetaTrader 4, MetaTrader 5 or cTrader account and runs your strategies on its own servers, 24/7. It is free on integrated brokers; each MetaTrader 4, MetaTrader 5, cTrader or external broker account you connect is $97 a month or $1,000 a year. You do not need a VPS. You can import MQL4 and MQL5 code, backtest it without limits, and watch it trade from web, desktop or mobile.
Last updated · Trading involves risk of loss.
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MetaTrader on a VPS vs AlgoBars
VPS prices from MetaQuotes and 2026 reviews, checked October 2026.
| MetaTrader + VPS | AlgoBars | |
|---|---|---|
| Keeping strategies online | Your PC must stay on, or you rent a VPS | Runs on AlgoBars servers, even when you log out |
| Monthly cost | MetaQuotes VPS $15 a month; others $15 to $50 | $0 |
| Setup | Install, remote desktop, auto-login, restarts | None: switch it on in the app |
| Accounts | MT4 or MT5 | MT4, MT5 and cTrader through 334 brokers |
| Your code | MQL4 or MQL5 | Free MQL4 and MQL5 import, plus AlgoBarsX |
- Create a free AlgoBars account.
- Connect your MT4 or MT5 account in the app.
- Import your MQL4 or MQL5 Expert Advisor into AlgoBarsX. Every converted line is marked.
- Backtest it without limits, then walk-forward test.
- Switch it on. It runs on AlgoBars servers, so you can turn your computer off and cancel the VPS.
- Renting and paying for a Windows VPS
- Remote desktop, auto-login and restart scripts
- Keeping the terminal open and updated
- Checking whether the EA stopped overnight
Step by step: run your EA without a VPS
- Create a free AlgoBars account.
- Connect your MT4 or MT5 account in the app.
- Import your MQL4 or MQL5 Expert Advisor into AlgoBarsX. Every converted line is marked.
- Backtest it without limits, then walk-forward test.
- Switch it on. It runs on AlgoBars servers, so you can turn your computer off and cancel the VPS.
What you stop managing
- Renting and paying for a Windows VPS
- Remote desktop, auto-login and restart scripts
- Keeping the terminal open and updated
- Checking whether the EA stopped overnight
Already using MetaTrader on a VPS? Here’s the simple choice.
Everything MetaTrader on a VPS does for you is free on AlgoBars. Then choose how you trade:
- Best value$0. Trade through AlgoBars’ integrated brokers. No platform fees and nothing to connect.
- Keep your MetaTrader account$97 a month or $1,000 a year per account. Connect it to AlgoBars and run AlgoBars charts, bots and AI on top of it. Your MQL4 and MQL5 strategies import free.
Everything you would pay for, free on AlgoBars.
Here is what you get on AlgoBars at $0, compared with paying for MetaTrader.
| What you get | On AlgoBars |
|---|---|
| No coding required | Build in plain words or no-code blocks, or write AlgoBarsX (ABX), AlgoBars' own trading language |
| Strategies running 24/7 | Free on AlgoBars servers, with no VPS |
| Live strategies and broker connections | Unlimited |
| Bring your code | Free import of Pine Script, MQL4 and MQL5, NinjaScript, cTrader cBots, EasyLanguage, thinkScript, Python, JavaScript and JSON strategy files into AlgoBarsX (ABX) |
| Live trading | Free on integrated brokers |
| Backtesting | Free and unlimited, on every account |
| Price and condition alerts | Free |
What actually costs money.
Backtests you can trust.
More answers
Do I still need a VPS for MetaTrader strategies on AlgoBars?
No. AlgoBars runs your strategies on its own servers and trades through your MT4, MT5 or cTrader account, so nothing has to run on your computer.
Can I import my MQL4 or MQL5 Expert Advisor?
Yes, for free. AlgoBarsX imports MQL4 and MQL5 and marks every converted line.
Which brokers work?
334 brokers and 131 prop firms, including MetaTrader 4, MetaTrader 5 and cTrader accounts.
What does MetaTrader cost compared with AlgoBars?
MetaTrader: Free platform; a VPS for 24/7 EAs costs about $15 to $50 a month, as published when checked. AlgoBars: $0 for every platform feature, on every account.
Is AlgoBars really free?
Yes. Every platform feature is free on every account, with no card and no trial clock. There are no plans, tiers or credits to buy.
Can I bring my MQL4 and MQL5 to AlgoBars?
Yes, for free. AlgoBarsX imports MQL4 and MQL5 and marks every converted line, so you can see what changed.
Does AlgoBars charge for backtesting?
No. Backtests are free and unlimited on every account, on any market and timeframe AlgoBars has data for. Walk-forward analysis and Monte Carlo simulation are free too.
Do I have to leave MetaTrader to use AlgoBars?
No. AlgoBars is free, so you can start alongside MetaTrader. To keep trading where you are, connect your account and run AlgoBars on top of it. Each account you connect is $97 a month or $1,000 a year. Your MQL4 and MQL5 strategies import free. Or trade through AlgoBars’ integrated brokers for $0: the simplest choice and the biggest saving.
Sources
- MetaQuotes VPS pricing
- AlgoBars figures: pricing, FAQ, security and changelog.
Start building today.
Free to explore. Talk to us 24/7 at +1 855-889-6969.
Every feature, free. No card. No catch. · AI at compute cost only · Trading involves risk