85% of all forex trading traffic is completed by automated trading robots on VPS servers
What exactly is a VPS (Virtual Private Server) Hosting used for when trading forex?
It is pretty clear and simple. This allows you to trade forex and other financial products 24/7 using a professionally designed forex automated trading robot to trade for you at all times without you physically doing anything but checking that it is doing its job correctly.
What are the benefits of using a VPS for forex?
Use an automated trading robot. A trading robot must have consent connection to the markets and a VPS allows this. The robots are made for trading platforms called MT4 and MT5 and the trading robots are specifically called Expert Advisors. To learn more about designing your own trading robot check out our website.
A 24 hour connection to the forex markets. A regular retail trader will pick a convenient time to start trading when they are not working their day job. When you use a forex VPS server it is connected to the forex markets at all times and it never turns off or goes to sleep. A VPS is a consent necessary connection to the forex trading markets.
An uncompromised network on world wide servers. When you are connected with a home network, the connection is provided from your computer to your local provider. When you connect with a VPS server you are connected to a worldwide network so if for some reason one connection went down, your trading data would still be saved by the other servers across the globe.
1.) AccuWeb Hosting ( https://www.accuwebhosting.com/ )
In my opinion this forex hosting plan provides the best bang for buck option for traders looking to get started in a forex VPS hosting plan. The head office is located in the USA and they provide forex VPS with full root access, 24 x 7 uninterrupted SSD stable windows preinstalled with 14+ VPS locations. In addition, you can run multiple MT4/MT5 terminals on a plan 12USD per month. This is as good as it gets!
2. ) Forex VPS ( https://www.forexvps.net/ )
The name of this company states exactly what they focus on. I would say they have all the good qualities of AccuWeb Hosting but the price point is a little higher although their main advantage is partnering with brokers that you are already with and having the broker pay for the VPS server that you are using. They are currently working together with IC Markets, Pepperstone, FX Primus and Instaforex.
3.) My Forex VPS ( https://www.myforexvps.com/ )
The My forex VPS differs from the above because it offers the lowest prices since it divides its plans into micro types that will still support a MT4/MT5 terminal with all the above services but you can only load 1 terminal and be sure not to add to much extra data to files. This is a bare bones way of working BUT it is actually quite clever because if your trading robot only needs a terminal, 2 indicators and an expert advisor, then you are good to go. The only disadvantage would be lack of adding many MT4/MT5 terminals.
4.) FXVM ( https://fxvm.net/ )
Last but not least is FXVM. This company is a great choice too especially if you are not a native English speaker. They offer language support in English, Russian, Polish, Spanish and Chinese. So if you are not a native English speaker you definitely want to go with these guys since any technical issues you might have will be solved by their tech support group. The price is competitive and they are rock solid with all the VPS important points such as low latency, 24 x 7 uninterrupted service, multiple terminals, global servers.
5. ) Bonus – Contabo (https://contabo.com/en/vps/)
Before you pull the trigger match any of your choices against these guys. I started using them because they had a 10 Core, 60GB RAM, 1 TB Hosting plan that allowed me to put my Strategy Quant X Software that will compute all of my trading algorithms and figure those out for me instead of running my desktop all day all night it is now done on their hosting servers along with as many MT4/MT5 terminals as I want since there is so much room. It is the best choice for an all in one heavy user who is serious about Quant Trading and having MT4/5 Terminals all in one place.
The Forex VPS space is ripe with many options for many different types of forex traders and all of the choices above are great in their own way. If you want to be a successful trader in the trading robot/expert advisor space having a VPS server to add MT4/MT5 trading terminals to is the way to go.
Good Luck and Happy Trading!