Virtual Private Servers have become a big part of the financial industry, with many Forex traders opting to utilize VPS hosting to improve trading performance and increase execution speeds. A Forex VPS facilitates low latency, around-the-clock, secure trading amongst many other benefits.
In this article we’ll look at how to set up a VPS for Forex trading and some of the advantages of using a VPS into your trading strategy.
What is a VPS
Virtual Private Servers have become an increasingly popular hosting choice for many industries – one of the main ones being Forex. It works by one physical server being partitioned with hypervisor technology to create multiple individual servers, each with allocated resources. In some respects, VPS hosting simulates a dedicated server environment but with a much smaller price tag.
Forex VPS advantages
There are plenty of benefits of a Forex VPS. Here are our top 3.
In order to be successful in the fast-paced Forex industry, you’ve got to be able to keep up. By opting for a Forex VPS within close proximity to your broker, you’re guaranteed extremely low latency and minimal slippage and delays, which will ultimately help increase your profits.
Not only does a VPS enable you to trade faster, it also provides a stable environment with almost-zero downtime – so you can trade without interruptions.
A VPS really is the ideal solution for seamless automated trading as it ensures your trading terminal (MT4, MT5 or cTrader), and thus Expert Advisors (EA) or cBots, remain online and available, even when your personal computer is switched off. With a VPS running remotely, your MT4 and MT5 terminals will run uninterrupted even in the event of a power outage or loss of connectivity, meaning you don’t have to worry about missing another trade!
Considering the amount of resources you get, and the many perks of using a VPS for Forex trading, it may come as a surprise that it’s actually really beneficial for your budget too. At NetShop, our Forex VPS plans start from as little as €9.99 with an additional discount when you opt to pay annually.
So now we’ve looked at some of the benefits, let’s get set up with a Forex VPS.
How to Setup a Forex VPS with NetShop
1. Visit our website here and choose the plan that best suits your needs. If you’re not sure, you can always chat with an expert via our Live Chat. Once you’ve chosen the plan you want, you can select the Yearly option to see how much you could save on an annual billing cycle and then click Order Now.
Choose your Forex VPS plan: Step 1
2. On the next page, you can select the location of your Forex VPS from the dropdown menu, and use your promo code if you have one. Here you’ll also be able to confirm your desired billing cycle, monthly, quarterly semi-annually or annually, and proceed to click Order.
Choose your location: Step 2
3. Double check the Order Summary, select from our range of payment methods and proceed to fill out your details.
Proceed with order: Step 34. Once you’ve purchased your Forex VPS, you’re going to need to install your Forex Broker terminal.