Forex VPS

As a trader that prefers automatic [algorthmic] trading, somewhere along the line you’ll find the desire for wanting to renting the best vps for forex trading. This is mostly due to the fact that it’s impractical to have your PC running 24 hours a day, 7 days a week without incurring a very high electric bill.

If you’re among the many seeking ways of how you can have your expert advisor(s) trade for you right around the clock without having your personal computer on for the vast majority of the time and /or have a custom made indicator that sends audio alerts via email or mobile notifications when conditions are met which are among other benefits, then I implore you to continue reading as this article seeks to uncover the best forex vps hosting providers that offers either:

• A forex vps free trial

OR

• The cheapest forex vps

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Before we can get down to the nitty-gritty of the article, we first need to start from the top by exploring what exactly is a forex VPS server and the different uses along with the benefits of using one.

What is a VPS?

VPS is the acronym for Virtual Private Server, and according to IBM.com, “is a form of multi-tenant cloud hosting in which virtualized server resources are made available to an end user over the internet via a cloud or hosting provider… each VPS runs its own operating system (OS) and applications and reserves its own portion of the machine’s resources (memory, compute, etc.).each VPS runs its own operating system (OS) and applications and reserves its own portion of the machine’s resources (memory, compute, etc.)“

The above quote is implying that VPS is a form of cloud computing and is installed on another physical computer, albeit that many other VPSs are running on the same machine (computer), each is running its own operating system (Windows, Linux, etc) along with individual software, RAM (disk space), computing power, and ROM (memory). 

To put it simply, VPSs are virtual computers installed on a powerful physical computer.

Forex VPS vs Web hosting VPS: What is the difference?

The major difference between the two is their practical use(s). Web hosting VPS is used by webmasters* to store the files that are necessary for the functionality and/or service(s) that their website is offering.

PLEASE NOTE: A webmaster is a person responsible for maintaining one or more websites.

Albeit this article is not about web hosting VPS, hostgator.com offers a 1-year free domain after choosing a [VPS] hosting plan with them.

Now back to the topic…

Forex VPS on the other hand is like a virtual computer that the user can access through the remote desktop connection software by entering the credentials provided by the VPS hosting provider and install his/ her application(s) of choice (eg: MetaTrader). 

Of course, one cannot trade without internet connectivity, which is one of, if not the biggest benefit a forex VPS has to offer. Even after closing the RDC (remote desktop connection) software, all application(s) left opened will be unaffected and would continue to operate as normal. This is because a forex VPS provides permanent internet connectivity 24/7.

Forex ea VPS: Do you need a VPS for an Expert advisor to work?

A trader does not necessarily need a VPS for the operation of any algorithmic [automatic] trading, however, the above information does imply that to fully exploit the benefits of a profitable forex expert advisor (robot), a trader needs to implement the usage of a forex VPS to enjoy uninterrupted internet connectivity and the other benefits (listed below) that come with using a trading VPS.

13 Benefits of a Forex VPS

1. Permanent internet connection

Again, one of the greatest benefits of using a forex virtual private server is to have the peace of mind that your MetaTrader would always be connected to the internet and would be unaffected by outside physical intervention.

2. Reduction in the electric bill

Especially for developing countries, the high electric bill would certainly be a factor to consider as a result of leaving your PC on for an extensive period of time. However, with a forex VPS in play, that would not be a variable to consider at all, which is also another huge benefit of using a Metatrader VPS.

3. Applications running 24/7

Even after closing the remote desktop connection software, the applications left open would still be opened and be operating as normal after reconnecting to the VPS. This means that your MetaTrader with your expert advisor would be running continuously without closing.

4. Best for when using an expert advisor

Employing a forex trading VPS in conjunction with using a forex expert advisor can be explored in different ways such as:

1. Forward testing a brand new Expert advisor that was just bought or is in development.
2. backtesting the same expert advisor to have an idea of how well it would’ve performed in the past.

PLEASE NOTE: Backtesting in MetaTrader 4/5 DO NOT guarantee a good future performance. Not all the time the results are accurate considering there are a lot of trade-affecting variables in play in real-time trading, which are hard or impossible to simulate in a Metatrader backtest.

Should I use a forex VPS to back/forward test an expert advisor?

Backtesting, but more so, forward testing is vital when it comes to testing new expert advisors. Not all the time the hype that surrounds a product is true, especially since merchants these days can purchase false reviews as a form of marketing strategy to invoke confidence in their product. 

Getting to know how to an expert advisor trade would make you understand the software even more so that even during and after a losing streak, you are confident that the EA would recover the losses.

5. Can be a great addition to your custom-made indicator

Just like an expert advisor, you can use a forex VPS to fully capitalize on a custom indicator that sends trade alerts. Never miss a trade when using an indicator that sends an email or mobile notifications whenever a trade condition is met.

6. VPS is easy to set up

Even those that are not as tech-savvy would not have any issues in setting up a VPS. Once you order your VPS specifications from the provider, they will send you the login credentials (username and password) via email. 

Simply input the credentials and login to use your new forex VPS as you would with a normal computer. All the technicalities are/were done behind the scenes by the provider.

7. Can choose the desired specs (memory, disk space, operating system)

Don’t have the lump sum of cash needed to purchase a brand new supercomputer to run as many software as you wish?

That’s not a problem!

This is one of the issues that a forex VPS can solve, especially in the case of MetaTrader 4 which is known to use a lot of memory. Among the list of forex VPS hosting providers listed below, they offer really good specs for an affordable price. The best part is that they allow you to upgrade your specs between your renewal dates.

The is particularly convenient if you are constantly purchasing several forex expert advisors to manage all your accounts.

8. Can install software that you are not comfortable installing on your PC

Though not recommended, if you are having trust issues with an unknown application and is skeptical about installing it on your personal PC, then you may install said application on the forex VPS itself to avoid putting yourself, files, and/or computer on a whole at risk of virus or malware attacks.

9. Enjoy the benefits of owning multiple computers

To some, it might seem redundant to have multiple computers, however, most may disagree. Referring to the previous point above, after one PC is being affected by a virus or having a performance issue, having a second computer would be of great benefit, especially if you are running a home base online business and is heavily dependent on your computer. Experiencing a performance issue could slow down your productivity.

10. Save something from your PC to the VPS to save disk space

If you use google drive or iCloud, then you are quite familiar with how convenient and beneficial it is to store your files on cloud storage for safekeeping. However, the limitation to that is that you cannot install or run software on such storage. This is where the best forex VPS comes into play. Other than storing precious files, you can also install and run any software of choice as if you were doing so on your very own computer.

11. Run multiple applications without slowing down the system

One of the biggest differences between your physical computer and a forex windows/ Linux VPS is the ease of scalability. As mentioned above, with a click of a button, you can upgrade your VPS hosting plan to get more memory and disk space to run multiple applications to avoid system performance issues.

12. VPS are inexpensive

Of course, after taking the best forex VPS providers into deep consideration, VPSs are quite cheap. In some occasions, you can even get a free VPS. In fact, there are some forex trading brokers, like ICmarkets who have partnered with a recommended forex VPS hosting provider, ForexVPS, to pay for a trader’s MetaTrader VPS if he/she continues to trade above the minimum required lots each month.

Additionally, some forex brokers host their own VPS for the convenience of their clients since this reduces the latency by a lot. As a result using the VPS provided by their broker could be the best VPS for forex traders. Some forex broker platforms even offer a free VPS to top traders as a reward for their trading activity [volume].

13. Forex vps latency

Using a fast forex vps should ulitmately reduces the latency between your trading terminal and your forex broker. This means that the broker’s server would recieve your order at a much faster rate thus allowing you to enter and exit your trades faster. For example if your broker is located in the United States, that a New york forex vps would have the ideal speed for executing trades very fast compared to a provider located outside the US.

5 Top Forex VPS providers

Now for the main core of the article, highlighting the best low latency forex VPS hosting providers for forex trading.

When considering which provider makes this list, the cost of their basic [lowest/ cheapest] plan along with the specifications are taken into consideration. In other words, the VPS hosting providers below are the ones Rhasfx thinks offer the most for your money when compared to other forex VPS providers.

The list below consists of cheap forex VPS hosting providers that offer remarkable VPS specifications that are best for forex trading.

PLEASE NOTE: All the prices are charged monthly** unless stated otherwise.

1. Pivps

2. Myforexvps

3. FXVM

4. Forexvps

5. FXVPS

Fxvps: Cheap forex vps

Fxvps: Best forex vps

Fxvps: Dedicated Servers