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Advantages of using a VPS in Forex

Using a Forex VPS in your toolbox will give you many advantages:
  • 24/7 uptime and reliable connectivity — VPS are designed to be online 24/7 and the VPS host usually guarantees and uptime better than 99%.
  • Save money in maintenance — The VPS host will perform the maintenance required to keep your server up and running.
  • High performance — VPS usually have performances above a normal personal computer, you can also customize and add resources if needed.
  • Accessible from anywhere — You can access your Virtual Private Server from basically everywhere and from any device. You just need a computer and a network connection.
  • Faster orders and response time — Some trading strategies are relying greatly on the speed at which they get data and submit orders. VPS host usually are located in data centers in close proximity to the brokers or together with the brokers. They also have fast network connectivity, resulting in faster speed and response.
  • Save money on licenses — You won't need to pay the license for the operating system; the VPS host vill have it covered.
  • Save money on licenses — You won't need to pay the license for the operating system; the VPS host vill have it covered.

Disadvantages of using a VPS in Forex

Unfortunately using a VPS has also some disadvantages:
  • Paid service — VPS is a paid service, so even if you are saving costs in hardware, licensing, and maintenance, you will have to pay for the service.
  • Not always customizable — Some brokers and some VPS hosts do not offer many customization options for your VPS, especially in terms of storage.

How to decide?

If you are not sure whether you should be using VPS in your trading, here is the list of reasons to start doing so:
  • You have an expert advisor you wish to test on demo and you want it to trade whole day every day without interruptions.
  • You have a profitable EA that needs to be constantly online. The cost of VPS will be compensated with advisors' profit.
  • You have multiple trading accounts with more than one FX broker and you trade from multiple places. VPS will make them all accessible without loading your PC and without requiring you to carry your laptop everywhere with you.
  • You need an extra-fast connection between your expert advisor and a broker. Some VPS are located in the same data centers (or close to) where the broker's servers are hosted.