Do you online forex traders that using forex robot for trading ? if yes, so forex VPS is a must. What is VPS ? VPS is a virtual private server abbreviated as VPS is basically a hosted server that is designed to run on the computer. By its design, you can easily access this computer running hosted server directly using your laptop or PC. In addition, the VPS is designed to execute and operates in a similar way a standalone computer would do. On the other hand, expert advisor is a tool designed to provide an insightful analysis of the market so that the trader can base on this when making trading decision. There are several benefits of using VPS for expert advisor as you will learn below.Increased performance of expert advisor
The first outstanding benefit of using virtual private server for expert advisor is the ability to performance. Hosting your expert advisor on virtual private server greatly increases its performance. However, the effectiveness of this system primarily depends on the use of a profitable system and a reliable and solid internet connection. Without this, there are slim chances you will enjoy the ultimate benefit of increased performance of your expert advisors when hosting it on virtual private server. It is very disgusting to create a good trading strategy using an EA only to be affected by downtime leading to missing trades.
Just as said above missing internet connection is very disgusting especially when you are trading. Hosting your expert advisor on virtual private server ensures that there are limited chances of downtime. To be specific, it is rare to experience downtime even for a short duration when using a virtual private server. This helps eliminate the nightmare that is caused by the irregular and unreliable internet connection when trading. This gives you the ultimate peace of mind needed when trading. This is greatly beneficial to clients who trade using automated systems.
No need for internet connection
The use of virtual private server eliminates the need to have an internet connection. Once you have an account with the right provide, you can easily sign in and start trading even when there is no internet connection. All you need is to sign into the system just as you sign into your computer. With this system in place, you don’t need to own internet connection, power or a computer. It is just a simple as that. This is because the system is independently hosted to enable you run your expert advisor.
Increased execution speed
One of the most outstanding benefits of hosting your expert advisor on virtual private server is the ultimate ability to increase the trade execution speed. This is partly due to the elimination of frequent internet disconnection while trading. The use of virtual private server potentially offers zero internet downtime. Clients who usually affected by poor internet connect recognize a substantial increase in trade execution the time they start using virtual private servers. This is because their trades are connected to a dedicated server. This increased speed is very possible even if you have a slow computer.
Forex traders have to use expert advisors or forex robots on meta trader. For using these meta traders your computer should be always connected to the computer otherwise the robots will not work correctly. There are many traders who don`t have Internet connection at homes and others use slow speed dial-up connections. The solution to all these problems is MT4 VPS hosting. This means that you are hosting your meta trader setup on an external server. Dedicated servers are always connected to the internet. It means that personal computer of the trader do not have to be connected to the Internet 24 hours a day. All you have to do is to upload you metatrader on the dedicated server. After uploading the metatrader you can manage your trading without any interruptions.
There are many things which should be considered be for you buy a forex hosting plan. By considering these things you will make the best decision possible.
- The first thing you should look for is bandwidth. Do you what is bandwidth? The bandwidth is the quantity of data which can be downloaded or uploaded by a website. Bandwidth is responsible for the speed of the application or a software you are running on your computer. You should opt for a provider which offers unlimited bandwidth.
- The next thing you should look for is Disc Space. It is the quantity of data which can be stored in your server. You should have enough disc space for storing all your trading data.
- The third thing you should look for is the features which are provided by the hosting company. There are many hosting companies which are providing specific applications and soft wares which are required for forex trading.
- The next thing which you should look for is up time guarantee. It is the amount of time your website is up. You should always look for more than 99% of uptime guarantee.
- The company should provide 24/7 quick customer support. The company should quickly answer all your queries with all the valuable information you need. The company should provide all the contact details like email ticket, phone number and 24 hours chat support. It is a good idea to go through company`s knowledge base. They should have forum, FAQ section and step by step tutorials.
- You should compare the price of the services before you opt for any type of plan. Don`t go for cheapest services available. The cheapest services can`t meet all your needs.
- Some companies offer 30 days money back guarantee. So it is a good idea to opt for a company offering money back guarantee. You can claim all your money back in case you are not satisfied with the services.
A good VPS forex hosting service can be purchased for as little as $30/mth for newbie investors with plans for up to $115/mth for hardcore traders. Negligible for a high returns activity such as forex trading. Actually, if you’re only making use of one automated forex robot, the most basic plan is already sufficient.
How do you know that a VPS Forex service is worth checking out?
It should not be any normal shared server service, but something that is specially catered for forex traders. You should not be required to have a degree in computer science to use the service as it should have already be installed with MT4 and the most popular automated forex robots. In fact, the desktop should look nearly like your home system.
The VPS forex hosting company must have reliable datacenter quality with a fast broadband network and not the fly by night kind of company.
There are several benefits of hosting your expert advisor on virtual private server. Other than what is covered above, you will enjoy other additional benefits such as low latency, high internet uptime of up to 99.9%, amongst other more. However, when looking for virtual private server provider, consider one that will give you reliable service throughout the trading hours. Also, the provider you use should guarantee full security and privacy of your trade dealings. The last thing you need to consider is the cost effectiveness of the solution.
A VPS could help your EA a lot to run at its maximum performance, but it doesn’t have to be expensive.
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