As a trader, you’ve probably put off buying a virtual private server (VPS) for your Forex trading for a variety of reasons. Maybe you have no idea where to start, perhaps you don’t consider yourself “savvy” enough to know how to choose a reliable VPS hosting provider, or even, maybe you don’t think you have the funds to dish out to a costly VPS.
Whatever the reason may be, you should never avoid purchasing a VPS for your trading solely because of price. There are dozens of professional, affordable Forex VPS solutions available to the everyday retail trader – no matter your broker, preferred trading platform, or location. If you’re profiting through your trading by just a few pips, you can afford a reliable Forex-optimized virtual private server.
Upping your trading game with a VPS is beneficial for several reasons, including:
– Significantly reduce and eliminate slippage.
– Run your EA or automated trading solution on autopilot.
– Have a blazing fast connection to your broker and platform 24/7, no matter where you’re located or what your home internet connection is like.
– Use trade copier services to trade and profit without ever clicking a mouse or looking at a chart.
– Necessary for high frequency trading (HIT) and complex algorithmic traders.
So what makes a good quality Forex VPS? While the answer is not simple, and will differ from trader to trader, there are a few variables to consider:
– Location
– Operating systems
– Number of trading terminals allowed on a single account
– The amount of allocated monthly bandwidth
– Data center network port speed capabilities (100 Mbps – 1 Gbps connections preferred)
– Ease of use: Is the MetaTrader platform already installed?
– Latency: if your VPS provider is just slowing down your execution times, then what’s the point?
– Prices
You’re here to find the most affordable, cheapest Forex VPS available. We’re here to save you some time, so you can focus on improving as a trader. Here is our list of the cheapest Forex VPS providers in the hosting industry.
So there you have it, our list of top 10 Cheapest Forex VPS Providers for 2020, based on user reviews. We hope that you manage to find what you were looking for, and thank you for reading. If you have any suggestions, please leave them in the comment section below.
