Otherwise known as a Virtual Private Server, it is a device that works on its own, like a computer. Traders use a VPS as an operating system they can use remotely to control their trades 24/7. The Virtual Private Server contains all the data you need to operate your trades independently, and they are configured according to the individual trader and their needs. This article will examine some of the best forex VPS platforms and what forex VPS platform might be best suited for you and your trading journey. It will also highlight the best cheap VPS on the market.
What Are The Best Forex VPS In 2023?
Latency – ForexVPS.net’s latency measures 1 ms+. RAM/CPU – The RAM for this VPS is 2 to 3 GB, while the CPU is high frequency. Number of locations available – ForexVPS.net has servers in eight countries. The US and UK are its strongest countries with the highest concentration, but the platform is known to have good coverage around Asia and other locations too. Price – ForexVPS.net has several plans designed to appeal to lone traders or traders that want to collaborate. The four plans include: Basic ($29.74/month), Basic+ ($33.99/month), Standard ($50.14/month) and High Frequency ($57.79/month). Each package offers an increase in Ram, CPU and storage.
There are many different models to choose from. It has a large network of 17 data centers, most of which are in the UK. However, this does not affect the coverage in the other four continents it covers.
Latency – The latency depends on the location. If you head to its website, it will show the latency per location. RAM/CPU – The RAM for this VPS is 192 GB, while the CPU is up to 32 core. Number of locations available – As mentioned above, VOSServer.com is available in 17 locations; however, these locations are mainly in the US. Price – VPSServer.com offers a free forex VPS server for seven days. This will provide new users the chance to test out the server before they commit. Thereafter, there is a three-tier pricing system to choose from, with the starting price at $24.99/per month.
Well, NextPointHost was one of the first to offer forex servers and is still going strong with its VPSs today.
Latency – NextPointHost offers low-latency data centers. Number of locations available – NextPointHost is available in three top-tier locations and is known as one of the top forex exchanges in these areas. It has servers in Singapore, London and New York. Uptime – The server has an uptime of 99.9% and is available for remote access. Price – NextPointHost is one of the cheapest VPS servers. Its pricing model is easy to get on board with – users pay €35/month for single server use and receive 10 trading licenses; you can also get a 25% discount if you pre-pay for three years.
Latency – Trading FX VPS offers low-latency servers. Number of locations available – Trading FX VPS has seven locations in total: London, Amsterdam, Singapore, Honk Kong, Frankfurt, Chicago and New York. RAM/CPU – RAM for Trading FX VPS measures 2 to 8 GB, while the CPU is 1 to 4 cores. Price – Trading FX VPS offers three price plans to choose from: standard VPS $25/month (offers 2 GB RAM, one CPU core, 30 GB storage); Advanced VPS $45/month (plan offers 4 GB RAM, two CPU cores, 40 GB storage); expert VPS $90/month (8 GB RAM, four CPU cores and 50 GB storage).
Do not worry if you’re not. It has introduced an array of new services over the years.
Latency – 1 to 10 ms. Number of locations available – AccuWeb Hosting is available in 15 locations, which you will be able to see on its website. It allows traders to target the largest forex exchanges around. RAM/CPU – Its RAM measures 1 to 32 GB, while its CPU offers 2 to 8 cores. Price – AccuWeb Hosting offers six different pricing plans to choose from, ranging from $15/month (which offers two CPU cores, 1 GB RAM, 35 GB storage) to $386.99/month (which offers eight CPU cores, 32 GB RAM, 640 GB storage).
Even if you do not invest too much, you will need to consistently be advised of the ever-changing market and different scenarios. This is where the VPS comes in. As mentioned above, it allows you to remotely access your device wherever you are and keep on top of your trades and the market. This helps traders who might continually lose their connection in the middle of a trade or potentially miss trade operations if they are traveling away from their central device.
How to Choose the Right Forex VPS
If you are new to the world of forex trading, you might not be familiar with what a VPS does and how it can help with the technical limitations associated with trading. Sometimes you might experience technical issues or want to trade while on the move. Either way, a VPS can help with this. Here are our key steps to go through when considering which VPS to choose. However, you might find some have more security steps than others that might feel safer, especially if you are a new trader. Do check each platform’s security process before you sign up. This is especially key for new traders as they might need a helping hand from time to time. Look at the platform’s website and get a feel for what its customer service protocol is. For some of them, you might be able to have instant support via a chat functionality, while for others, you might only be able to email them. As mentioned in the list above, some providers will have a variety of locations where the speed might be more impactful. This information will be on the provider’s website, and it should give you the speed in various locations so you can tailor your own experience. Check to see if the provider can guarantee a certain percentage of uptime. You will be able to find this out when you do your research on the provider’s site. If you are a new trader, you might want to look for a VPS that might have an easier configuration. The same applies to compatibility, and you will need to ensure the VPS you choose is compatible with your technology. A VPS is good for forex trading as it means you can get to make your trades while you are on the move and 24/7. So, if you want to trade throughout the day and night, a VPS is a great option to investigate. This is an exceptionally reliable platform that specializes in ultra-fast speed and zero latency. It is also very secure. You will need to have a look at certain factors you are looking for before you pick a specific provider. For example, security and speed might be at the top of your agenda, which means these are the two factors you need to consider when looking at providers. Write a list of what you are looking for. From speed and security to customer services and compatibility, you will surely find the perfect platform for you once you determine your key requirements.
