Why Do We Require VPS for Forex Trading? (2024)

Abstract:5 Reasons to Use a VPS in Forex Trading Here are five reasons why you should consider trading using a VPS rather than directly on your PC.

Why Do We Require VPS for Forex Trading? (1)

One of the reasons why VPS is necessary for forex trading is to match a breaker's transaction speed. Traders may prevent significant slippage and delays in their trading environment in this manner. And, thanks to VPS, traders may trade from anywhere, even on their cellphones with limited bandwidth, as long as their device can connect to their forex trading VPS account.

WikiFX VPS

WikiFX offers VPS with two types of account

VPS Standard: No restriction on the broker account. Provide service support by WikiFX. The price is only $0.99.

It has:

VPS Pro: No restriction on the broker account. Provide service support by WikiFX. The price is only $6.99.

It has:

  • CPU: +100%2*CPU

  • Ram: +100%2G

  • Harddisk: +50%60G

  • Wideband: 1M

Why Do We Require VPS for Forex Trading? (2)

The Advantages of Using EA VPS on Forex Trading

  • Global Node: Support 10 regions around the world, all over the world's major cities.

  • Dedicated server: Customized for EA transactions with exclusive hardware, so that transactions are not affected by environmental factors.

  • Remote connection: You can log in to your platform on any computer and trade anytime anywhere, even without the installation of MetaTrade4/5.

  • Automated trading: Your EA will keep operating after closing the computer.

  • Reduce slippage and delay: The faster VPS transaction execution, the faster order transmission.

  • Reliable security: Professional operation and maintenance engineers regularly test the server to ensure the safest operating environment.

Check out the sample of transaction speed to learn more: https://vps.wikifx.com/en/data/broker/0001378443.html

Aside from the advantages above

  • It is available in 13+ countries and regions. Provide more nearby servers, better network speed, and faster ordering.

  • 7+ system languages. Provide multiple localized languages to solve the global user operation

  • 1800+ global acceleration nodes. Distribute VPS service content to acceleration nodes throughout the network to reduce order delays.

Why Do We Require VPS for Forex Trading? (3)
  • You can trade anywhere. If you have a desktop computer rather than a laptop, you're pretty much-stuck trading from wherever your computer is located (your house, your office). While there are alternatives these days, you may not want to purchase a mobile device or a laptop, or your broker may not enable mobile trading. Perhaps you just dislike the UI. Perhaps your broker does not provide an online trading interface and must be downloaded. In that situation, you may log in to your platform from any place with a network connection where you can log into your VPS to trade, including a hotel or internet cafe.

  • Even if your electricity goes out, you can still trade. If your trading is automated, you can continue to trade even if your power goes out. If your automated system operates effectively even while you are not watching it, you may leave it to continue earning money for you even if you are unable to connect to the internet.

  • You may trade at any time of day. You can trade even while you're sleeping since you're not restricted to your workstation and can trade anywhere, and your system can execute deals even if your computer is turned off.

  • Strong security. VPS systems provided by the leading organizations are also the most secure. Managed VPS servers are reviewed regularly to ensure that they are operational, and most businesses guarantee 99.9% uptime. In most cases, you will also obtain antivirus software and other tools to guarantee that your PC is secure from vulnerabilities.

  • Reduce your slack. Even if you put all of your entries manually and do not employ automatic trading, a VPS server may help you in this manner. Because it transmits orders significantly quicker than your computer, a VPS can execute your trades much faster than your PC. As a consequence, you will feel reduced latency and slippage. Slippage, as we all know, costs money, sometimes a lot of money. Therefore, this is a terrific approach to limit your losses and predictability.

Keep in mind that VPS may be a costly service, even if you simply require the absolute minimum of disk space, so seek one with appropriate RAM and transfer capacity. Before purchasing a package, read VPS reviews to locate the finest hosts, then contact customer care to enquire about how many system resources you need. There's no need to pay more than necessary, especially because this would become a monthly charge for your FX trading if you do it.

Is VPS suitable for everyone? Not necessarily; some individuals will profit greatly from utilizing one, while others will just benefit somewhat from less slippage. If you depend on automatic trading or have restricted trading capabilities (no mobile device, download-only software, etc.), VPS makes a lot more sense for you.

Stay tuned for more VPS news

Download the WikiFX App for free on App Store and Google Play Store.

Why Do We Require VPS for Forex Trading? (4)
Why Do We Require VPS for Forex Trading? (2024)

FAQs

Why Do We Require VPS for Forex Trading? ›

It provides fast execution speeds and low latency which is essential for successful Forex trading. It protects your computer from unauthorized access which can result in stolen data or money. A VPS is a secure and private environment that is not accessible to the general public.

Why use a VPS for forex trading? ›

No matter what issues you might have with your computer or devices, a VPS acts as a kind of safety net to protect you against issues that arise if a connection is unexpectedly broken. It means you can carry on trading without missing out on opportunities.

Can forex EA work without VPS? ›

VPS is not mandatory when one does algorithmic trading. VPS allows the traders to run Expert Advisors on MetaTrader continuously without interruptions. So, if you have the chance to leave your computer/laptop running all the time, then you may not need a VPS.

Do I need VPS for MT4? ›

Who uses VPS when trading? Not every trader needs FX MT4 VPS when trading, especially if they go for long trades which they close after a couple of hours or days. The traders that usually use an MT4 VPS server are scalpers, high frequency traders and algorithmic traders. Speed for these traders is highly important.

Are forex VPS safe? ›

Forex virtual private server (VPS) companies typically employ cutting-edge encryption techniques to thwart illegal access and data breaches. Data transmitted between the trader's device and the VPS server is encrypted and kept private thanks to these protocols.

Do I really need a VPS? ›

When you should consider using a VPS: When your website exceeds the architectural and resource limits of your shared or reseller hosting. When you need to install custom modules or applications that aren't supported by your shared host. When you require root access to the server.

What is the point of VPS? ›

A VPS—or virtual private server—is a virtual machine that provides virtualized server resources on a physical server that is shared with other users. With VPS hosting, you get dedicated server space with a reserved amount of resources, offering greater control and customization than shared hosting.

How much does a forex VPS cost? ›

Forex VPS Server Price in India
PlansNo. of CorePrice
Business2 CoreRs.1499/mo Order Now
Premium2 CoreRs.2199/mo Order Now
Elite4 CoreRs.2999/mo Order Now
Professional4 CoreRs.4299/mo Order Now
1 more row

Do I need VPS for MT5? ›

A VPS also allows traders to automate their trading strategies using Expert Advisors (EAs) on MT5. By using a VPS, traders can keep their EAs running continuously, even when their own computer is turned off or they are not actively using the platform.

Can forex EA be profitable? ›

Forex robots can be profitable if they are properly optimized and customized for particular market conditions. The most successful EAs utilize smart algorithms, technical indicators, and parameters that have been backtested to produce consistent profits.

Why people still use MT4? ›

MetaTrader 4 (MT4) was a highly popular trading platform with millions of users worldwide. While I don't have real-time data, MT4's popularity may still be substantial due to its ease of use, extensive community support, and availability of custom indicators and expert advisors.

How much is VPS on MT4? ›

The cost of VPS subscription is USD $10.00 per month payable through an MQL5 account. You can register for the VPS through the MT4 platform by right clicking on your account within the Navigator panel.

Can you trust forex traders? ›

Forex trading, or foreign exchange trading, is the buying and selling of currencies in the global market. It can be a legitimate and profitable form of investment, but unfortunately, it is also a popular target for scams.

What is the safest forex to trade? ›

What Are the Best Currency Pairs to Trade in Forex?
  • US Dollar (USD)
  • Euro (EUR)
  • Australian Dollar (AUD)
  • Swiss Franc (CHF)
  • Canadian Dollar (CAD)
  • Japanese Yen (JPY)
  • British Pound (GBP)
Mar 26, 2024

What is the safest forex trading? ›

What is the safest forex to trade?
  • Safest Forex Pairs to Trade. In the world of Forex trading, certain currency pairs are considered relatively safer than others. ...
  • EUR/USD (Euro/US Dollar) ...
  • USD/JPY (US Dollar/Japanese Yen) ...
  • Most Reliable Forex Trading Platform. ...
  • MetaTrader 4 (MT4) ...
  • cTrader. ...
  • Best Forex Trade. ...
  • Swing Trading.
Nov 7, 2023

What is the difference between forex VPS and normal VPS? ›

Forex VPS: Forex VPS, on the other hand, is a specialized subset of Windows VPS hosting tailored specifically for forex trading. It is optimized to meet the unique demands of traders in the forex market. Forex VPS prioritizes low latency, high performance, and seamless execution of trades.

Does using a VPS reduce slippage? ›

Reduced Slippage

Slippage, the difference between the expected price of a trade and the price at which it is executed, can erode profits. The best Forex VPS, by virtue of its low-latency connection, helps mitigate slippage.

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