Do you know what "VPS" means and why might it be relevant to you as a Forex trader? VPS stands for "Virtual Private Server." Usually when you hear the term, "VPS," this is a discussion of webhosting for sites, not in discussions about Forex trading.
Virtual private servers may be useful for you as a merchant, depending on your method and whether you depend on automated services.
A virtual private server is a special type of server that is placed on the same computer with several other virtual private servers - this is why they are called "virtual." Despite the fact that they are all on one machine, they can operate independently of each other. Given your own VPS, you can install your preferred operating system on it, have the power to reboot your system, and basically have full control of the server as if it were the only one on the machine. You are guaranteed a certain amount of space, RAM and transfer allowances per month. Your VPS has its own power supply and offers flexibility, stability and comfort.
So what does this have to do with Forex? Here are five reasons you might want to consider trading on a VPS rather than trading on your own computer directly.
1. Trade anywhere. If you have a desktop PC and not a laptop, you are pretty much stuck wherever your computer is stored (your home, your office). Even though there are alternatives nowadays, maybe you don't want to buy a cellular device or laptop, or maybe your broker doesn't support cellular trading. Maybe you don't like the interface. Maybe your broker does not offer an online trading platform and requires downloads. In this case, you can connect to your platform from anywhere as long as you have a network connection where you can enter your VPS to trade, even hotels or internet cafes.
2. Trade even if your power goes out. If you rely on automation for your trade, you can continue to trade even if your power goes out. If your automatic system works properly even without you monitoring, you can let it continue to make money for you even if you can't get online.
3. Trade at any time of the day. Because you are not limited to your desk and you can trade anywhere, and because your system can trade even if your computer is inactive, you can feel more comfortable trading even when you are sleeping.
4. Strong security. The VPS system offered by the best companies also comes with the best security. Managed VPS servers are checked periodically to ensure that they function, and most companies guarantee 99.9 percent of operating time. You also generally accept antivirus and other tools to ensure your system is safe from vulnerabilities.
5. Reduce your slippage. This is one of the ways in which VPS servers can benefit you even if you put all your entries manually and don't use automatic trading. VPS can execute your trade faster than your computer because it transmits orders faster. The result is that you experience fewer delays and less slippage. As we all know, slippage costs money, sometimes a lot, so this is a good way to reduce losses and uncertainty.
Keep in mind that VPS can be an expensive service, although you may only need minimal disk space, so look for something that offers good RAM and adequate transfer benefits. See VPS reviews to find the best host, and contact customer service to ask about how much system resources you actually need before you buy a package. There is no reason to spend more than you have because this will be a monthly expense for trading your FX if you choose to do so. Is VPS for everyone? Not necessarily; some people will benefit greatly from using one, while others will only receive limited benefits in the form of slippage reduction. If you rely on automated trading or you are stuck with limited resources to place trades (no mobile devices, download software, etc.), VP
TopAsiaFx.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:
- Is the Forex Broker regulated?
- Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too.
- Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
- Availability of Customer Service.
- Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.
Rank Broker Name Special Offer Minimum Deposit Spread User Score Maximum Leverage Regulation Start Trading
1 NordFX 55% Deposit Bonus $10 0.0 Pips 96 1:1000 VFSC Open Account
2 SGT Markets Refer a friend $10 $500 0.0 95 1:400 IFSC Open Account
3 OctaFX 50% Deposit Bonus $100 0.4 94 1:500 IBC Open Account
4 Exness No $1 0.1 93 1:2000 FCA,CySEC,IBC Open Account
5 IC Markets No $200 0.0 92 1:500 ASIC Open Account
6 Tickmill $30 Welcome Account $100 0.0 91 1:500 FSA,FCA Open Account
7 Axiory $50 Deposit Bonus $200 0.0 90 1:400 IFSC Open Account
8 Justforex 100% Deposit Bonus $1 0.0 89 1:3000 IFSC Open Account
9 ThinkMarkets No $250 0.4 88 1:400 ASIC,FCA Open Account
10 XM $30 Welcome Account $5 0.0 87 1:888 ASIC,FCA,IFSC Open Account
11 FBS $50 Welcome Account $1 0.0 86 1:3000 IFSC Open Account
12 HotForex No $5 0.0 85 1:1000 INC Open Account
TopAsiaFx.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:
Rank | Broker Name | Special Offer | Minimum Deposit | Spread | User Score | Maximum Leverage | Regulation | Start Trading |
1 | NordFX | 55% Deposit Bonus | $10 | 0.0 Pips | 96 | 1:1000 | VFSC | Open Account |
2 | SGT Markets | Refer a friend $10 | $500 | 0.0 | 95 | 1:400 | IFSC | Open Account |
3 | OctaFX | 50% Deposit Bonus | $100 | 0.4 | 94 | 1:500 | IBC | Open Account |
4 | Exness | No | $1 | 0.1 | 93 | 1:2000 | FCA,CySEC,IBC | Open Account |
5 | IC Markets | No | $200 | 0.0 | 92 | 1:500 | ASIC | Open Account |
6 | Tickmill | $30 Welcome Account | $100 | 0.0 | 91 | 1:500 | FSA,FCA | Open Account |
7 | Axiory | $50 Deposit Bonus | $200 | 0.0 | 90 | 1:400 | IFSC | Open Account |
8 | Justforex | 100% Deposit Bonus | $1 | 0.0 | 89 | 1:3000 | IFSC | Open Account |
9 | ThinkMarkets | No | $250 | 0.4 | 88 | 1:400 | ASIC,FCA | Open Account |
10 | XM | $30 Welcome Account | $5 | 0.0 | 87 | 1:888 | ASIC,FCA,IFSC | Open Account |
11 | FBS | $50 Welcome Account | $1 | 0.0 | 86 | 1:3000 | IFSC | Open Account |
12 | HotForex | No | $5 | 0.0 | 85 | 1:1000 | INC | Open Account |
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