A VPS stands for Virtual Private Server. As the name implies it is your own private server which is hosted in the cloud/on the Internet. Like any server it is always on 24/7 and constantly online. There are many usages for Forex VPS and here is the list of usage mainly by traders.
Running Expert Advisor (EA)
Slave and Master
Publishing EA Tool
myfxbook & fxblue etc
sending a notification to mobile
You can read this article about how Forex VPS vs Home PC for a more in-depth comparison. Basically the core factor for using a Forex VPS is the reduce the latency between your MT4 platform to your Broker server. By using the correct location provided by the Forex VPS vendors, you can achieve 1ms latency which helps to improve trade execution aka reducing slippage. Next factor is the uptime. Our home network ISP and home electricity can never be assured. What if you face a blackout? Or network outage? Or hardware failures? As it is important to ensure your trading platform is running 24 hours a day without fail, you will require professional infrastructure to ensure 100% uptime or at least 99.9% There are many advantages of using Forex VPS but here is the list of the most important ones:
Internet Connection Stability- Our VPS solution offers a professional setup. We have a high-grade Internet connection and multiple backup connections in case one or more go down. In comparison, a Home Internet connection has no backup and can vary in reliability.
Power Consumption- Our VPS solution offers a professional setup. We have a high-grade Internet connection and multiple backup connections in case one or more go down. In comparison, a Home Internet connection has no backup and can vary in reliability.
Keep your PC desktop tidy- If you run your MT4 on your PC you will always have the terminal on the desktop. This can be annoying and also you could mistakenly close the terminal while closing other applications. With a VPS it is out of site unless you have your RDP connection running.
Access from anywhere- You can remotely access your VPS from anywhere you have an Internet connection.
To be categorized as one of the Best Forex VPS in the industry for Algo trading, these are the few core factor you need to consider:
1ms latency to major brokerages
Lower latency will improve your Algo Trading aka better execution
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