Trading forex safely through an online broker necessitates a stable and secure Internet connection, as the forex market operates 24/7 throughout the trading week. For many traders, ensuring a continuous online presence during trading hours is crucial. Utilizing the best virtual private server (VPS) for your forex trading platform can ensure that it remains functional and accessible, even if your personal computer, power supply, or Internet connection experiences an unexpected failure.
If you have experience in currency trading, you likely understand the importance of having dependable market access, particularly for algorithmic trading. This article will examine several best forex VPS providers, assisting you in identifying the most suitable choice for your currency trading activities.
What is Forex VPS Hosting?
VPS hosting in Forex trading sets up a special online area to run your trading platforms and automated tools, like Expert Advisors, with better stability and security. It keeps everything running 24/7 without needing your computer to stay on, cutting down on downtime and boosting your chances to trade in the non-stop Forex market. Because VPS servers are close to trading centers, your trades can go through faster, which might lead to better outcomes.
A Virtual Private Server (VPS) enables you to access your trading platform from any geographical location. It includes strong security measures like regular backups and solid firewalls to protect you from cyber threats. This type of hosting is especially helpful for traders who rely on automated strategies, as it offers a reliable and secure place for continuous trading, which can improve your overall performance.
Top Forex VPS Providers
Having understood what a forex VPS is and its benefits for you as a trader, you can now choose an appropriate provider.
With countless platforms providing forex VPS services, it can be challenging to determine which one suits your requirements the most effectively. Bearing this in mind, we’ve examined the best VPS for forex trading.
1. ForexVPS.net
ForexVPS.net stands out as a highly trusted Forex VPS provider, allowing users to set up their services in approximately five minutes. For those who may have limited knowledge of these systems, this platform serves as an excellent entry point. ForexVPS.net guarantees its clients a remarkable 100% uptime, ensuring reliability in VPS services.
This assurance translates to uninterrupted operation for your Forex Expert Advisor (EA), enabling it to execute trades continuously, 24 hours a day, seven days a week. In addition to the 100% uptime commitment, the provider promises rapid order execution, with speeds reaching as low as one millisecond. Furthermore, the system is compatible with all types of forex robots.
Additionally, this top forex VPS server provider provides essential 24/7 customer support, which is particularly beneficial for those who are new to Forex VPS software and may require assistance.
Regarding pricing, there are four VPS packages available for selection. The entry-level package is priced at $29.99 monthly, providing 60 GB of storage along with access to various server locations. For those requiring additional resources, the standard plan is available at $53.99 per month, which includes 90 GB of disk space.
Advantages:
- Guaranteed 100% uptime
- Round-the-clock customer support
- Four different packages to choose from
Disadvantages:
- No complimentary VPS option
- Expensive than other VPS providers
2. FXVM
FXVM is the best VPS provider for forex trading featuring a range of various plans available. There is something available for nearly all forex traders. If your goal is simply to assess your Forex robot around the clock, for $19 monthly you can access 40 GB of storage. This includes either one or two MT4/MT5 platforms.
If you require a little more than that, you can choose the $199 plan. This consists of 120GB of storage and supports up to 32 platforms. The pricier choice will be more suitable if you plan to operate multiple trading systems simultaneously. In any case, getting started with FXVM VPS requires only about 5 minutes.
You can utilize FXVM packages on MT4/MT5 platforms along with any forex EA system. Alongside this, you can select from multiple international servers.
This best VPS hosting for forex trading offers new clients a 30-day trial period, enabling a comprehensive assessment of its services. It’s beneficial to have the opportunity to test before making a purchase and committing to the supplier. If you are not satisfied with the service received, you may request a complete refund.
Advantages:
- Establishing an account is quick and straightforward.
- A diverse range of technical resources and learning material
- Real-time latency outcomes are available.
Disadvantages:
- Restricted asset collection
3. FxSVPS
If you’re looking for a low-cost and best forex VPS provider, FxSVPS might be a great choice. Their plans start at only $2.50 per month, positioning it as one of the most budget-friendly options out there.
For this price, you’ll get between 800 MB and 1,600 MB of RAM. This setup is perfect if your Forex VPS requirements are minimal.
The package comes with a unique IP address and 1 to 2 CPUs. You can usually get started in under 3 hours, and their customer support is available 24/7 to assist you with any issues.
If you require more resources, consider the Exclusive Plan, which provides between 2 GB and 5 GB of RAM for $7.50 per month.
Key Benefits of this trusted VPS provider for forex trading:
- Very competitive pricing
- Servers located worldwide
- A seven-day money-back guarantee is provided if you find yourself unsatisfied.
Limitations:
- VPS is not available for hosting purposes
4. Kamatera
Founded in 1995, Kamatera is a respected hosting company with extensive experience in web hosting. They offer a top-quality VPS service that’s fast and scalable, making it one of the best forex VPS server provider for Forex traders needing secure global connections.
Kamatera’s Forex VPS hosting offers flexible payment options, including by the minute, hour, or month, so you pay only for what you use and can cancel anytime. Plans begin at just $0.005 per hour or $4 per month, providing one virtual CPU core, 1 GB RAM, 20 GB SSD storage, 5000 GB data transfer, one public IP, and a 30-day free trial.
This secure VPS provider for forex trading is best for its wide range of features, both complimentary and paid, such as a robust infrastructure without single points of failure, backups, monitoring, a cloud load balancer, a cloud firewall, cloud block storage, unlimited storage, a proprietary API, root access, and quick resource scaling.
Kamatera ensures a 99.95% uptime, delivering reliable and fast service. Their infrastructure is designed to prevent failures. They maintain 18 advanced data centres across the USA, Europe, Asia, and the Middle East, utilizing cutting-edge SSD technology and Intel Xeon Platinum/Cascade Lake processors.
Customer support is accessible around the clock via live chat, telephone, and email. Kamatera provides fully managed Forex VPS hosting services, allowing their team to take care of all technical responsibilities and server upkeep on your behalf.
Benefits:
- A trial period of 30 days at no cost
- Usage-based pricing
- 18 premier data centers globally
- Great adaptability and expandability
- Infrastructure without a single point of failure
Disadvantages:
- It may necessitate certain technical expertise.
5. MyForexVPS
MyForexVPS is a reputable VPS provider for forex that offers competitive pricing. The initial plan to consider is the Solo NL Plan, priced at $12.99, which includes 2 GB of RAM. Additionally, this plan features a CPU speed of 1,600 MHz and supports between 1 and 4 forex platforms.
For users intending to operate more than ten forex Expert Advisors simultaneously, the Guru NL Plan is available for $52.99. This plan boasts a CPU speed of 6,900 MHz and provides 6 GB of RAM, allowing access to as many as 25 forex platforms.
This plan is well-suited for those with complex forex robot strategies, accommodating high trading volumes. MyForexVPS is compatible with both MT4 and MT5 platforms.
The Forex VPS service is characterized by low latency, which helps mitigate the risks of slippage and requotes. Over the past eight years, MyForexVPS has maintained an impressive average uptime rate of nearly 100%, facilitating continuous trading.
Advantages of going with the best forex VPS provider are:
- CPU speed of 1,600 MHz
- Low latency performance
- Nearly 100% uptime
Disadvantages:
- Limited details regarding RAM specifications.
Conclusion
When considering the use of a Forex EA for trading, securing the best Forex VPS provider is essential. This choice eliminates the necessity of keeping your computer or laptop running around the clock. Additionally, while your Forex robot is executing trades, you won’t be able to use your device for other tasks. Furthermore, utilizing a Forex VPS allows your trading bot uninterrupted access to the global Forex markets 24/7, thanks to the dedicated VPS server.