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 (200+ via MT4, MT5 and cTrader); auto-trading on external, non-integrated brokers uses credits. 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.
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MetaTrader on a VPS vs AlgoBars
VPS prices from MetaQuotes and 2026 reviews, checked September 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 200+ brokers |
| Your code | MQL4 or MQL5 | Free MQL4 and MQL5 import, plus AlgoBarsX |
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
When MetaTrader on a VPS may still suit you
If your EA depends on DLLs or custom Windows software, a VPS may still be needed. Most MQL strategies can be imported and run on AlgoBars.
Frequently asked questions
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?
200+ brokers and 45+ prop firms, including MetaTrader 4, MetaTrader 5 and cTrader accounts.
More answers
Sources
- MetaQuotes VPS pricing
- AlgoBars figures: pricing, FAQ, security and changelog.
Competitor prices and limits change. They are shown as published when checked. Trading involves risk of loss.