What is Forex VPS?
Forex VPS is a VPS service designed for the continuous running of a Forex trading platform 24/7 at a reasonable price. The best Forex VPS hosting can always stay online so that clients can be sure that their trader bots and machine will keep running even during power outages.
Using Forex VPS hosting, you get a virtual private server that acts as a real hosting server. On that VPS, you set up forex trading tools and software, such as MT4, MT5, and cTrader. These Forex trading tools help your success rate in the market.
Although several VPS machines are defined on an actual physical server, by default, every one of those virtual machines is allocated a dedicated portion of system resources. Each VPS acts like any real computer, allowing users to install their operating systems and other applications. Therefore, your VPS Server will be entirely under your control.
A Forex VPS Server guarantees that your essential data is secure. It sets up a safe box for your programs (CPU, disk, memory, cores, etc.). You don’t need to share anything with any other users. Root-level access is provided at a meager cost through VPS hosting.
Why Are Forex Traders Using a VPS for MT4?
many traders use a VPS for MetaTrader 4 (MT4) to reduce the risk of encountering technical difficulties during their time on the market. Besides that, the only legal way to access the MT4 platform on a Mac is actually through MT4 VPS. This means that Mac users can trade with MT4 VPS without having to go through malware-infected websites.
✅ Trade Speed and Latency
Using a Forex VPS with MetaTrader Expert Advisors (EAs) has many benefits. Its greatest advantage is that a VPS helps traders to put orders at high speeds, which is crucial for EAs to perform their best. Moreover, a high-quality VPS provides FX traders with ultra-low latency.
✅ Connection Reliability
Another benefit of a Forex VPS is that it helps traders maintain an uninterrupted connection to the markets at all times.
Factors in Choosing Best Forex VPS Service :
There are many VPS providers out there and the solutions they sell may vary. Here are some suggestions for helping traders find the best providers of Forex VPS for 2022.
If you are planning to include EAs in your Forex trading strategy, then renting a virtual server for your MT4 and MetaTrader 5 (MT5) terminals are one way to make sure that your trading Signal and robots Subscriptions operate without any interruptions. You can read this guide on how to set up your Expert Advisors on MT4 running on your Forex VPS.
❌ Why we can’t use a personal computer for forex trading?
There are alternatives to VPS hosting, but they are not ideally suited to Forex traders’ needs. Using a home personal computer is the first choice that comes to anyone’s mind. However, it only works if you have a stable and secure Internet connection and an uninterrupted supply of electricity. If these conditions are not met, using your PC for Forex trading using EAs may lead to disaster.
You can hire a VPS from any online VPS service provider, but you will have to manually check and find a suitable server meeting the essential requirements, that offers minimal latency to your selected Forex broker’s platform. This is a difficult puzzle and maybe not worth the effort.
💹What kind of traders should implement VPS for trading?
Actually, to trade using a VPS is not reserved for advanced traders; in fact, it’s invaluable in somewhat leveling the playing field. A Forex VPS allows traders to connect without latency and place orders right next to their broker — they’re also reliable trading platforms that don’t go offline. All of these are vital tools and conditions for any type of trading. All traders should consider getting a Forex VPS. Sometimes your broker will ask you to get one, but you should start looking into it yourself. Plus, a Forex VPS is almost indispensable if you plan on automating even a part of your trading such as gold trading. You’ll need high-performance hardware to run the MT4 instances with your Expert Advisors and reliable, high-uptime servers.
How to Pick the Best Forex VPS Provider?
You might be persuaded by the price when you are deciding on which Forex VPS is best for you. Of course, the cost is essential in making sure you can afford the subscription. With that said, when selecting the best Forex VPS for you, you should look out for some other factors besides cost as well.
There are several requirements your VPS should meet according to the resources you need, such as CPU, RAM, and Disk Space. For instance, if you are running four EAs and MT4 platforms at the same time, you need more RAM than does someone who only has one EA running.
Choosing a suitable Forex VPS depends on various factors, such as the number of trading platforms installed, the components of your device, such as the CPU or RAM of your computer, and your connection speed. When you don’t have enough resources, your platform crashes over and over, and often it takes too much time to enable an MT4 instance.
There are some general considerations you should pay attention to when choosing a provider, aside from the components of your VPS:
🔹Method of Virtualization
When shortlisting a few options for forex VPS hosting, the virtualization technology used by the VPS provider is often the first feature checked by the traders. Several different virtualization technologies such as Hyper-V, Xen, Virtuozzo, and Open VZ will be helpful.
Virtuozzo is a specialized virtualization product at the operating system level, developed for both Linux and Windows by Parallels Inc. On one physical server, Parallels’ Virtuozzo Containers build several isolated containers (Virtual Environments or VEs) for VPSs.
OpenVZ is a widely used container-based virtualization platform for Linux, and Xen is a free virtual machine application for common architectures. The virtualization technology of Microsoft Hyper-V VPS is a hypervisor-based technology that not only guarantees authentic virtualization of hardware but also offers elevated levels of separation from other virtual machines within the same physical server.
🔹Data Security
It comes as no surprise that one of the key characteristics that traders should review is the protection provided by the VPS. It should include security measures as a standard feature. Looking for VPS providers who also provide DDoS protection is always a good idea.
🔹Latency, Speed, and Bandwidth
Latency is the time it takes an order or command to reach your broker. It is mainly a matter of network distance between your computer (or VPS) and the broker’s servers.
Speed is of the essence in forex trading and a VPS with high latency can turn a profitable trade into one that loses a lot of money. Quality VPS providers offer several locations across the globe to choose a VPS at.
Traders should choose a Forex VPS located near their forex broker. If this is not feasible, they should at least be on the same continent.
In general, companies providing high-quality VPS services maintain a speed of 1Gbps and ample bandwidth such that EA traders can continue to work 24/7.
🔹Response Time
A Trader can’t make money if the VPS regularly goes offline. Your Forex VPS provider should guarantee at least 99.99% uptime. In addition, if the VPS provider does not fulfill the uptime obligation, the SLA should have a clause for charging fees.
🔹Unlimited Uses of a Platform
It is a reality that certain VPS providers impose limitations on the number of processes that can run on the system. Traders must choose a VPS provider that allows them to run unlimited MT4 as well as other platform software. Moreover, the VPS selected by traders should not be limited to one broker or company in particular. The VPS should allow the trader to run multiple accounts as well as EAs.
🔹Support
The VPS provider that Forex traders want to deal with should make customer support services available all across the trading hours. When you are trading and run into problems, you can’t wait long hours to receive help. Having a return policy is not generally one of the requirements of the best forex VPS hosting providers, but it can help you decide more confidently.