What is Forex VPS?
Automation and efficiency have become two of the most important aspects of modern trading. To be a successful trader you need to think about how to incorporate these things into your trading strategy, starting by having the right technology mix.
That is where forex VPS hosting comes into play.
It wasn’t too long ago that the only viable way to make the most of automation in trading was to sit down and create your own dedicated software. If you wanted something to automatically analyze the markets and place a trade, you’d need a lot of time and background knowledge in areas like computer science, mathematics, software coding – specialist skills that are beyond most traders, especially beginner traders.
What is Forex VPS?
Forex VPS is a service that helps traders to deploy their expert advisors on a dedicated server that will be running 24/7 without interruptions, independently from the trader's own computer, and without any efforts from the trader's side. VPS hosting companies usually charge from $5 to $99 per month (depending on the server's quality and the company's greed). If you have a working MT4 EA, it is always better to install it on a VPS than on your home PC, because when an EA is running from your home or office PC there is always a chance for some unexpected problems (like Internet disconnections, power outages, system errors, etc.).
How does forex VPS work?
Breaking it down in simple terms, forex VPS really is just a cloud-based desktop PC.
A VPS can host a version of an OS (operating system) that can be remotely controlled from basically any other device that is within reach. This is somewhat similar to web hosting servers, except that with the added capability of directly hosting your desktop computer while still being able to function independently as if it were on its own server (think renting out a room in someone's house).
Although several VPS are created on one computer, they each have their own set amount of CPU power and space so you're guaranteed on what you need and signed up for every month.
The forex VPS works as a SaaS, where you pay a monthly subscription cost for access to a VPS hosting service from a provider. Continue reading to discover some leading third-party VPS providers.
what the heck does this have to do with Forex?
Here are five reasons you might want to consider trading on a VPS instead of trading on your own computer directly.
- Trade anywhere. If you have a desktop PC and not a laptop, you’re pretty much stuck trading wherever your computer is housed (your house, your office). While there are alternatives these days, maybe you don’t feel like purchasing a mobile device or a laptop, or maybe your broker doesn’t support mobile trading. Perhaps you just don’t like the interface. Perhaps your broker doesn’t offer an online trading platform and requires a download. In that case, you can connect to your platform from anywhere as long as you have a network connection where you can log onto your VPS to trade, even a hotel or internet café.
- Trade even if your power goes out. If you rely on automation for your trading, you can continue to trade even if your power goes out. If your automated system performs well even without you monitoring it, you can let it continue making money for you even if you can’t get online.
- Trade at any time of day. Since you’re not confined to your desk and you can trade anywhere, and since your system can execute trades even if your computer is off, you can feel more comfortable trading even while you’re asleep.
- Robust security. VPS systems offered by the best companies also come with the best security. Managed VPS servers are checked regularly to make sure that they are functioning, and most companies guarantee 99.9 percent uptime. You also generally receive antivirus and other tools to ensure your system is safe from vulnerabilities.
- Reduce your slippage. This is one way in which a VPS server can benefit you even if you place all your entries manually and don’t use automated trading. A VPS can execute your trades more quickly than your computer can because it is much faster transmitting the orders. The result is that you experience less of a delay and less slippage. As we all know, slippage costs money, sometimes a lot of it, so this is a great way to reduce your losses and unpredictability.
Where can I buy VPS?
Any Windows VPS is possible to use and you can find many VPS company in internet also we can recommend below VPS, get the windows monthly 9 USD VPS. Installation guide will be given from the host.