Where are cheap Forex VPS servers located and why you should avoid using them?
A Virtual Private Server (VPS) is a great hosting service utilized in many fields where a powerful partition of a remote server is required. Nobody runs websites from a home computer - that is extremely unreliable. A VPS is also a popular tool in the world of Forex trading. Because the new age of trading on the foreign exchange market heavily relies on automation (75% of executed trades on Forex are automated), just as if you were hosting a website, stability and continuous uptime should be your priority.
Forex VPS servers are in demand for beginner and experienced traders alike. The exploitation of this powerful tool for Forex trading is priceless in such a competitive automated market. No matter how powerful your home or office PC might be, running your MetaTrader 4 (MT4) or any other software from the comfort of your own home is never a good idea. Algorithmic automation with the use of Expert Advisors (EA), trade copying, and other programs require 99.9% uptime. A VPS allows traders to base and organize their trading systems on a remote partition of a powerful server, with high internet speed, adjustable technical parameters, protection from power outages, and the location of your choice. Furthermore, the latter plays a significant role in the quality of your VPS. Today we will take a quick look at the best locations of a VPS, where cheap Forex VPS servers are located and why you should avoid them.
When choosing the location of your remote server, a great internet connection and finding the server that is the closest to the server of your broker is very important. Amsterdam is one of the most popular hosting locations in the world, thanks to a fast and stable network in the country. For website hosting, it is recommended to remain in the location where the majority of your visitors come from. For Forex trading, a server that is close to the server of your broker is what you should look for in a VPS. Cheap Forex VPS servers are located in countries that do not meet these criteria. There are also cases like the United Kingdom, where VPS hosting service might meet these standards, but the relationship between the price and the quality of service.
As an example, the VPS Forex trader is a great host of Virtual Private servers designed for Forex trading. This service offers highly customizable servers with 3 comfortable locations - New York, Amsterdam, and Vilnius. These are the main cities that are known as perfect locations for many broker servers, as well as great, highly-developed internet. Choosing the right location for your trading software can reduce the slippage and delay of your trades, making your trading strategy much more accurate and effective.