FOREX VPS
Forex robots need to be trading 24 hours a day, 5 days a week, using your computer resources. Interruptions in the work of the robots may result in missed trading opportunities or money lost. Sometimes, you may also be unable to restart your computer or take any action which may affect the trading platform and therefore the robot’s work. For example maintenance of your computer or new installations may have to be left for the non-trading days. This may be a little bit annoying sometimes.
You may also be afraid that other people will use your computer (like your kids). You may fear that they might accidentally close the platform or worse even, make a manual trade that will cause you losses. What about a power shortage? What about the system being accidentally restarted? No limit to our worries.
Is there any solution? YES, it is called a Virtual Private Server (VPS).
What is a Virtual Private Server (VPS)?
A VPS is basically another computer running on a hosted server. You interact with it in the same way you would with a normal Windows®-based desktop on your PC or laptop. The only difference is, you don’t need to keep your computer running at home 24/7, and you don’t need to rely on your internet or power connection in order for the VPS to keep running. That is taken care of by the VPS host.
All you need to do is open an account, log in to your VPS, and set up your EA like you normally would on your home computer. You can also set up any other trading platform on your VPS. Then, disconnect and go about your normal day, safe in the knowledge that you can turn off your home computer without missing a trade!
Advantages to Using VPS Trading the Forex
- You don’t have to leave your computer running 24/7
- You don’t have to rely on your internet or power connection
- You can run as many platforms and EA’s as you wish
- You can access any trading platform from any computer anywhere in the world
Recommended VPS Providers and Related Costs
There is a large number of companies offering these services. Of course several differences may exist between them and these may be important. We will list some recommended VPS providers with their related monthly fees.
- WebKeepers $11.95/mo.
- VPSLand $19.00/mo.
- UCV Host $12.00/mo. (Recommended)
Note: FXCM offers FREE VPS with a minimum account deposit of $2,000.00!