As the biggest financial market in the world, and still significantly growing, it comes as no surprise that more and more people are looking to start trading Forex. And whether you’re a professional trader or just starting out, we’re sure you already know the importance of low latency as one of the biggest contributing factors to the success of your trading strategies. After all, delays in execution result in potential losses – so how do you start trading Forex with low latency?
Why low latency is so important for Forex trading
As such a fast paced industry, every second counts in Forex trading. Prices can fluctuate in milliseconds so low latency is key for rapidly receiving trading information and responding promptly – ultimately avoiding slippage and increasing profitability.
In a nutshell, low latency and financial gains are directly correlated and in order to gain a competitive edge, a strong connection and low ping are essential. With that being said, one of the best ways to start trading Forex with low latency is by opting for a VPS – let’s take a closer look why.
What is a Forex VPS
A Virtual Private Server (VPS) has become the go-to solution for Forex traders in terms of keeping up with the market. VPS hosting is where multiple users share the same physical server, but visualization technology is used to completely separate them from each other – creating multiple Virtual Servers with dedicated resources.
To some extent, a Virtual Server simulates a dedicated server environment, at a fraction of the cost. Opting for VPS hosting is beneficial for traders, and can be considered a key component in executing successful trading strategies.
Benefits of a VPS for Forex trading
There are many benefits to Forex VPS hosting, here are our top three.
It improves performance
If you’re just starting out with Forex trading, you’ll quickly come to realise that time is literally money. The main purpose of a VPS for Forex trading is to reduce delayed execution – as every millisecond it takes to complete a transaction matters. Built to deliver optimal performance and fast speeds, eliminate slippage and requotes with an ultralow latency VPS with comprehensive uptime SLAs.
It’s optimal for automated trading
A majority of traders rely or incorporate automated trading into their strategy with the use of EAs, and a VPS allows traders to seamlessly execute automation. By using a VPS you needn’t worry about monitoring your automated trades, a VPS is always active so your MetaTrader 4 (MT4) platform can still run while your computer is switched off. Guaranteeing your platform remains online under any circumstances, like power outages or connectivity issues, is essential for trading success.
It increases security
Along with the enhanced performance and low latency a Forex VPS provides, the level of robust security means that you have resources in place to keep your data protected. Any successful trader prioritizes data security, with potential cyberattacks and security breaches being detrimental to Forex trading. Not only are you safeguarded from vulnerabilities, you also have the added comfort of having an experienced customer support team on hand if you face any issues.
Low latency Forex VPS Hosting with NetShop ISP
At NetShop ISP, we make it easy for traders just starting out, with instant VPS activation getting you up, running and ready to start trading in just one minute.
Our affordable FX plans start from just €9.99 per month, and work with any Forex Broker, with MetaQuotes MetaTrader 4 (MT4) and MetaTrader 5 (MT5) preinstalled.
Let us host you. Get in touch with our team for a free consultation!