PROS
• Lowest latency trading
• Equinox data centres
• Technical support available 24 hours a day, 7 days a week
• 100% guarantee of availability
• The best reputation in the industry
Forex traders have been incurring losses in the millions of dollars each year due to slow connections, slow computers, and hardware issues. A change in the amount of time between transactions, or latency, can completely alter the results of high-frequency trading systems. It is extremely common for traders who use EAs or trade copiers to experience problems with their hardware, which can lead to poor management of trades, the absence of trades entirely, and a lack of consistent results. However, it is not realistic for the majority of traders to spend tens of thousands of dollars on a cutting-edge computer setup… This is where a Forex virtual private server can help you out.
This article is going to provide a comprehensive review of Forex VPS, the market leader in virtual private servers (VPS) that are designed especially to meet the requirements of forex traders. Due to the fact that I have used this service for a significant amount of time and that it has been essential to the success of my business, I will discuss its benefits, drawbacks, and overall impressions in the following paragraphs.
What Does Forex VPS Stand For?
Forex VPS is a company that provides virtual private server (VPS) services of the highest possible quality, with special attention paid to meeting the requirements of forex traders. Traders who have algorithms, multiple accounts, or who are simply looking to decrease the latency between themselves and the market will find that the offered VPSs are ideal for their needs. It has been more than a decade since the company entered the market, and it is crazy to think that over one million forex traders have used its services. They have actually beaten out all of the other companies in the industry to claim the number one spot on our list of the best forex VPS providers.
As a result of the fact that Forex VPS is linked with a variety of various brokers, including IC Markets, the company was able to provide me with a free VPS more than three years ago. Now that we are familiar with the services that the organization provides, let’s take a closer look at the many features that are available…
Forex VPS Functions and Features
Forex traders that take their business seriously need access to a wide variety of features and tools, and ForexVPS provides those. Take a look at some of these characteristics with me:
1. The Fewest Possible Delays
Due to the fact that all of the servers have Tier 1 connectivity, Forex VPS has an insanely low latency. The execution of trades will take less than one millisecond, and resources will not be shared among users. When I am trading on my virtual private server (VPS), as opposed to when I am trading on my local PCs, trades are always performed exceptionally quickly. This has been my experience over the course of the past few years. When compared to the latency of competing forex VPS services, ours has the industry’s lowest latency by a significant margin.
2. 100% Up-Time
Forex VPS ensures that their servers are online 100% of the time by providing a power backup system in the event that the main power supply fails. Again, this is of the utmost importance for high frequency traders and forex traders who will be holding a large number of positions, as even a short period of downtime can create a significant deficit in the balance sheet. A few of the additional VPS providers are unable to guarantee an up-time of this caliber.
3. Equinix Data Centres
Because Forex VPS utilizes Equinix Data Centers, this means that your server will be located in close proximity to the servers of both your brokers and your banks. This ensures the finest possible connection and the lowest possible latency in the markets, both of which are absolutely necessary for traders. In addition to this, they have data centers in the following locations: New York City, London, Manchester, Zurich, Amsterdam, Tokyo, Singapore, Frankfurt, and Hong Kong.
4. Compatible with All Available Platforms and Brokers
The VPS will continue to function without any problems at all, regardless of the broker that you choose to do trades with. Alongside any trading platform such as MetaTrader or cTrader, each and every one of your prop company accounts will function normally and without incident. You have the ability to diversify your broker risk, potentially trade on numerous accounts, and have the option to choose which platforms you trade on when you are not restricted in any way, which is something that utilizing a local machine does not always give you. To tell you the truth, the majority of the best forex VPS providers do, in fact, allow you to work with all platforms and brokers.
5. Technical Support Available Around the Clock
The vast majority of us forex traders aren’t that savvy when it comes to technology. If anything significant goes wrong with my programs or algorithms, it’s probably going to take me a very long time to figure out how to fix it. I don’t know how knowledgeable you are in this area, but I have some fundamental understanding in this area. Forex VPS provides customers with technical help around the clock, which is an absolutely essential feature for traders. Every minute that passes in which your trading methods are not operating properly could end up having a significant negative impact on your portfolio. Fortunately, the team is available around the clock, ready to respond to any questions or concerns you might have.
6. Control Panel Hosted on a Website
The fact that nothing is stored locally on a VPS, not even the control panel, is one of the service’s many advantages. Forex VPS provides a web portal control panel that can be accessed online. Through this panel, you will have unfettered access to manage your server and its associated programs from any location in the globe.
How Much Do Forex VPS Plans Cost, And What Are They?
Forex VPS provides a variety of services at a range of rates and in a variety of package configurations. The kind of trader you are and the size of your trading activity are the primary factors that should guide your decision over the package to choose. Let’s have a look at what our choices are…
Free VPS – £0
Forex VPS is affiliated with a number of brokers and can provide you with a free or reduced virtual private server (VPS), depending on which broker you use and how much volume you trade on a monthly basis. To determine whether or not you qualify for a complimentary package, scroll down until you reach the section below that lists the broker partnerships.
Basic – £25.99
This is a server running Windows 2012, and it has 60 GB of available disk space. Retail forex traders with a small operation, perhaps just one or two expert advisors (EAs), and not many platforms running are going to find this to be an ideal solution.
Basic+ – £28.99
This option includes an additional 20GB of disk space compared to the Basic package, bringing the total to 80GB. After that, the server could be running Windows 2012, Windows 2016, or Windows 2019 depending on your preferences. Because it will be significantly more helpful and could even be significantly faster, traders will almost certainly want to employ this method. This virtual private server was used by me privately for many years.
Standard – £42.99
The base model has one CPU core, 90 GB of available disk space, and your choice of an operating system (Windows 2012, Windows 2016, or Windows 2019). Forex traders that run a big number of expert advisors (EAs), a very large trade copier business, or who are simply looking for the fastest service feasible via a virtual private server will benefit greatly from this development. However, for the typical retail dealer, this will be somewhat excessive, and the vast majority of them would be better served by the basic bundle.
The price of High Frequency is £48.99.
There is a rationale behind why the high frequency bundle is the most expensive option. It comes standard with a 3.4 GHz+ processor, 3 GB of RAM, and 100 GB of storage space. This is going to be the greatest virtual private server (VPS) in the business for forex traders that have high-frequency trading systems, a big number of expert advisors (EAs), or large-scale trade copying operations. However, this is going to be overkill for the majority of traders.
My Suggestions and Advice
For the majority of traders, my recommendation would be to go with the Basic+ package. The upper layers are likely to be unnecessary for the vast majority of situations, unless you are a professional money manager or have a business that provides consulting services for FX trading. If you can get a free virtual private server (VPS) by going through your broker, I would strongly advocate doing so simply for the purpose of saving money.
Collaborations between Forex VPS Brokers
I was provided with a free Virtual Private Server (VPS) by this provider for the first few months that I used it. This is as a result of the fact that Forex VPS has partnered with some of the largest forex brokers in the globe in order to provide traders who are able to trade a sufficient volume with a discounted rate (lot sizes per month). To put it another way, your broker will pay Forex VPS to provide you with a VPS at no cost. They are the only firm out of all of the finest forex vps providers that offer partnerships with different brokers.
1. IC Markets
If you are trading with IC Markets, which is one of the partnered brokers, you may be eligible for a free or discounted VPS if you trade through them because they are one of the brokers. In order to receive the virtual private server (VPS) for free, you will need to trade 10 lots each month. If you are just trading a smaller amount, say 5 lots per month, then you will only be billed for the volume that you are not trading, which in this example would be $16 per month.
Apply through either Forex VPS or the client area of IC Markets, and you’ll get access to a VPS that has 1 CPU Core, 2.5 GB RAM, 70 GB Disk Space, and instant setup. This is the ideal solution for traders who want to improve their connection to the markets or run an EA that will automatically trade for them.
2. Pepperstone
Pepperstone is a sponsored broker, which means that if you trade a minimum of 15 lots per month with them, you are eligible to receive a free virtual private server (VPS) from them. If you use Pepperstone, you will have access to all of the Virtual Private Server (VPS) options, rather than just the one with the least size. The following are the requirements for the trading volume:
• Basic Virtual Private Server – 15 Lots Monthly
The Basic+ VPS plan has a monthly limit of 25 lots, whereas the Standard plan has a limit of 30 lots, and the High Frequency plan has a limit of 40 lots.
This kind of trading volume is within reach for the vast majority of retail traders, which means that getting there shouldn’t really be much of a challenge at all.
3. Global Prime
You will be able to qualify for a free Basic VPS if you are trading with Global Prime, which is another partnered broker. This means that if you trade with them and reach a minimum of 20 lots per month, you will be eligible for the promotion. This basic virtual private server is ideal for the vast majority of forex traders and comes with the following benefits:
• Capable of simultaneously running three MT4 platforms;
• Latency of 1 millisecond;
• 100% uptime guarantee during market trading hours;
• Rapid installation time (within 15 minutes of being approved)
4. AXI
Axi is another partnered forex broker, which means that if you trade a minimum of 20 lots per month, you will be eligible for a free virtual private server (VPS). Axi will credit you each month up to $34.99 for the VPS, as long as you are trading more than the minimum amount required.
Why Should You Trade Forex With A Virtual Private Server?
Using a virtual private server (VPS) when trading forex is a pretty smart idea for a lot of different reasons. When I originally set up my very first Forex virtual private server (VPS), it was in conjunction with IC Markets. This was quite a few years ago, and I had recently achieved some levels of financial success as a trader. Let’s have a look at some of the potential applications for the virtual private server…
1. EA’s
You are going to want to make sure that you have a low latency and a good connection to the markets 24 hours a day, seven days a week if you are an EA trader. In addition to this, in order for the EA to execute positions, it requires that you leave it running on the chart or computer for the entirety of the trading day. It is going to be very difficult for the majority of traders to have a laptop powered on for 24 hours a day while also ensuring that it maintains a steady connection to the markets, does not lose wifi, and so on. Setting up a virtual private server (VPS) to operate the EAs on will be a lot simpler, and whenever changes need to be made, you will simply have to log in to the web portal.
2. Trade Copier
The vast majority of traders may benefit tremendously from the utilization of a trade copying service; unfortunately, the vast majority of traders are unaware that such a service exists. There are a variety of different trade copiers available on the market today. These trade copiers enable traders to simultaneously duplicate deals from a single master account onto an unlimited number of copier accounts. This has the potential to significantly boost profits, lower broker exposure, and better manage risk across an entire portfolio. Having a trade copier also makes it possible to trade with investor funds, which is often the transition point for hobby traders to go up to the level of professional traders.
3. Prop Firm Funding
Setting up many accounts for a prop firm on a virtual private server (VPS) and having all of those accounts work in tandem with a trade copier is one of the most effective ways to employ a VPS. Profitable traders can significantly advance their careers by employing the services of some of the Best Prop Firms, in conjunction with a trade copier such as MT4 Copier, and a Forex VPS.
The following is one possible configuration for your trading accounts:
• Funding from FTMO in the amount of $200,000 • Instant funding from MyForexFunds in the amount of $50,000
• Immediately available funding of $50,000 from DT4X Trader
This would result in a significant increase in capital for the majority of retail traders, and the only way it is truly possible is to keep each of the accounts logged in and available on a virtual private server at all times. Having the accounts, for example, on a laptop and then losing wifi connectivity is going to be a significant problem for traders who have such a large amount of capital; as a result, a virtual private server (VPS) is essential.
4. Installing Investing Software on a Mac
When attempting to trade using a Mac, one of the most significant challenges that you will face is the fact that the majority of trading programs, like as MetaTrader and cTrader, do not function properly on the operating system the majority of the time. There are a few brokers that have been successful in developing their own functional versions of MT4, but the vast majority of MT4 versions do not support Mac. You may trade on Windows while simply logging in on a Mac if you use a Forex virtual private server (VPS) and a Remote Desktop application. This provides you with the best of both worlds and all the capabilities you could possibly require as a trader.
Support for Customers of Forex VPS
When it comes to downtime and technical difficulties, VPSs will typically have money on the line from missed trades. Because of this, it is quite crucial that the support crew is good, helpful, and able to respond in a timely manner.
In the past several years, I have made use of the customer support service at Forex VPS on multiple occasions at various times of the day, and each time I have done so, I have been quite surprised by how swiftly my inquiry has been answered. You can get in touch with us at any time, day or night, by email or the contact form on our website.
The VPS will arrive entirely set up, making it highly user friendly; hence, the vast majority of traders will never even have to speak to the support team; yet, just knowing that they are there will still give piece of mind.
Reviews of Forex Virtual Private Servers – What Do Traders Have to Say?
Examining the level of achievement attained by other traders on a certain platform is one of the most effective ways to evaluate the quality of service provided by a virtual private server (VPS) provider. Even if we test the VPS and have excellent latency, it’s possible that other traders in different places are having a very different experience. When we test and review our Top Prop Firms, we also employ this approach, and it works well almost all of the time.
Over one thousand customers have given ForexVPS a rating of 4.8 out of 5 stars on Trustpilot, giving them an excellent reputation. This is wonderful to see, and it really demonstrates the high quality of service that is available. Because of the large number of reviews, ForexVPS is among the most highly regarded dedicated forex VPS providers in the business. This is especially true when compared to some of the other companies that are featured on our list of the best forex VPS.
Is It Safe to Say That Forex VPS Is the Best VPS Option for Traders?
In conclusion, Forex VPS is undeniably the VPS with the greatest specifications designed for forex traders, and I am of the firm belief that all serious traders ought to make use of one of the several VPS options that are available. My trading has been completely transformed as a result of the guaranteed up time, the unbelievably low latency, the fantastic connection, the rapid setup, and the 24/7 assistance, and I cannot recommend this firm highly enough.
Like I did, you should get a free virtual private server (VPS) by going via one of the patterned brokers if that’s something you’re able to do. Because there is a money-back guarantee on all purchases for a period of seven days, there is no risk involved in registering for the service and putting it to the test.
If you have any experience with Forex VPS, please share your ideas in the comments section down below. I would really appreciate it.
