VPS Providers

Technology

If you are actively working on the Internet, using a VPS is not even a question to discuss. The only question is which provider to choose, especially if you need a VPS for Forex. Uninterrupted access to the Internet is vital for successful trading. Sometimes, even short-term connection issues can lead to large losses. The faster an investor reacts to market changes, the more successful they are. So, let’s see which criteria to consider when choosing a VPS provider of Forex servers.

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Why Do You Need a VPS Provider for Forex Trading?

The financial market is constantly changing, making traders bankrupt or very rich. So, successful investment depends on the speed of reaction. Traders need to respond and make trades quickly. That is why a high-quality Forex VPS provider that can ensure minimal latency of the Internet connection is so significant for traders’ effective work. Forex servers also help in automated trading, which is now actively used by investors. A high-quality VPS for Forex provides lightning-fast order execution, which is critical in this sector.

What Are the Forex VPS Plans?

You should have a reliable connection for algorithmic trading. That is why a Forex VPS plan should be optimal for the user, considering their needs and capabilities. When choosing a particular option, you should first pay attention to the number of terminals available for traders. For example, MyForex is a reputable Forex VPS provider that offers the following hosting plans for investors:

Solo. This is the basic VPS plan that allows you to work in up to three terminals. This one and all the following plans for Forex servers are optimized for MT4 and MT5. The amount of RAM is 2 GB, the CPU is 2.3 GHz (1 core), and the SSD is 30 GB.
Pro VPS. It is the most popular option among Forex investors. It allows working in a maximum of six trading terminals. With the Pro VPS plan, users can get 3 GB of RAM, a 2.3 GHz CPU (1 core), and 35 GB of SSD.
Expert. A trader can use up to ten terminals. The amount of RAM amounts to 4 GB, the CPU is 4.6 GHz (2 cores), and the SSD is 40 GB.
Guru. This hosting plan is suitable for active Forex traders. It allows working in a maximum of sixteen terminals and has the following advantages: 6 GB of RAM, 6.9 GHz CPU (3 cores), and 50 GB SSD.
Ultra Forex VPS. The plan allows trading with a maximum of 24 terminals. It is ideal for traders with exceeded needs and capabilities. The characteristics of this Forex VPS are as follows: 8 GB of RAM, 9.2 GHz CPU (4 cores), and 100 GB SSD.

How Do You Choose a VPS Provider?

When looking for a reliable service provider, you should pay attention to the following characteristics that can significantly improve Forex trading:

Latency in milliseconds. This characteristic of ForexVPS is the most essential, as it allows for prompt response to any changes in the market and the implementation of automatic trading.
Location of servers. They are usually located in major financial centers because the closer the systems are to brokers, the better. A shorter distance increases the speed of information transfer, and the delay becomes even less. For example, MyForex places its servers in Amsterdam, London, and New York. Thus, the user can decide which location is more promising for them.
High-quality work of support service. It should work around the clock because trading is an international activity. Investors and financial exchange may be in different time zones.
Activation of the VPS Forex. It should not take more than 15 minutes.
A dedicated IP address. It is necessary for safe and reliable trading.
An enterprise-level SSD drive. It should improve performance, as it is a thousand times faster than SATA/SAS disks.
Unlimited traffic. You need it for uninterrupted trading on Forex.
Remote Desktop Connection (RDP). It gives traders full control over their Forex VPS. You can work from a PC, smartphone, or other gadget that supports iOS/Android/Windows.