How does Forex VPS work?
Companies have a cost-effective solution for organizing, processing, and managing business data. Gamers can play online games without breaking the bank.
Forex traders have also entered the VPS world and found a use for VPS. In this post, we will talk about how VPS works in forex trading. And how brokers, traders, and EAs (forex robots) can benefit from forex VPS.
What is a forex VPS?
When it comes to forex trading, traders and brokers want to have secure, stable, and fast access to the market. This is where a VPS (virtual private server) can play its important role.
A forex VPS allows brokers, traders, and EAs (forex robots) to quickly execute trades and take advantage of market changes without delays and interruptions.
A Forex VPS works by remotely hosting a version of the MT4 or MT5 platforms installed on your Laptop or PC. Some Forex VPSs come with MT4/MT5 already set up. Otherwise, you can easily download it yourself.
What are the benefits of VPS for Forex trading?
There are some features in Forex VPS that have recently made it popular for traders to use:
- Security: Forex VPS offers strong protection against malware.
- Uptime: Forex VPS guarantees 99.9% uptime, ensuring uninterrupted trading
- 24/7 Trading: Forex VPS keeps trades live around the clock, automating commands to EAs (forex robots) and eliminating constant market monitoring
- Low Latency: Forex VPS provides fast and reliable internet connections for quicker order execution and improved trading effectiveness
- Easy Access: Forex VPS enables traders to access their portfolios from anywhere at any time with an internet connection, ensuring smooth market entry and exit. That’s why forex VPS is popular among traders who live in remote locations or have unreliable internet connections.
- Storage: Forex VPS securely stores trading data, preventing data loss and ensuring safe file backups.
- Increasing Profits: Forex VPS can save you 100 thousands of dollars on the market in a long-term period. Even a delay of a few seconds can result in a price shift, which can cumulatively cost thousands of dollars throughout the year.
How do you Install MT4/MT5 on VPS?
There are exactly 3 simple steps that we need to accomplish:
1- Finding the right VPS service provider (VPS host)
2- Opening the Remote Desktop Connection (RDC)
3- Downloading MT4/MT5
First, you will need to find the right VPS host. All the required information such as the server’s IP Address and password (log-in credentials) will be delivered to your email by the VPS host.
Second, you will need to connect to your special VPS via RDP (Remote Desktop Protocol). To find Remote Desktop Protocol (RDP) you will simply need to go to your Windows start menu and type “remote” in the search tool. Windows client will appear.
After opening RDP, all you have to do at this point is to enter the server’s IP Address or domain name and log-in credentials you were given by your VPS service provider (VPS host) in the field of “computer”.
Then you will be required to enter the username and password which is provided by your VPS host service provider. You can type “administrator” as the username in the field of “username”. And that’s it. Now, your VPS is live.
The Remote Desktop Protocol (RDC) looks exactly like a Windows desktop without any applications. To install MT4/MT5 on VPS here, we will need an internet connection. You can download MT4/MT5 through the broker’s or mql4/mql5 websites. Afterward, you will need to install MT4 or MT5 on your Laptop or PC to execute your trades by plugging into the VPS’s trading network.
Also, you can take advantage of the 24/7 feature of the VPS by setting up your EAs (forex robots) inside the MT4/MT5 platforms.
The method to connect to your Forex VPS depends mainly on the server’s operating system. Customers will most likely use Microsoft’s Remote Desktop Protocol (RDP), because most trading platforms like MT4 and MT5 run on Windows. But, you can launch MT4/MT5 on a Linux or a Mac operating system (OS) through compatibility layers like Wine.
Linux and Windows VPSs are the most popular types of VPSs. Recently, Cloud VPS allows users to use all kinds of Operating Systems on one VPS.
So, we conclude that a forex VPS is like a permanent link that connects your trading terminal to the wider trading network.
How many MT4/MT5 terminals can you run on a VPS?
The answer to this question of how many MT4/MT5 terminals you can run on your VPS depends on a few questions:
1- How many symbols are you receiving data for?
2- How many charts are you running on each MT4/MT5?
3- How many indicators are on each chart?
4- How many EAs are on each MT4/MT5?
5- How many open trades do your EAs concurrently manage on average?
6- Are your EAs or indicators CPU-intensive?
A conservative answer is 2-4 MT4/MT5 terminals (with a handful of charts) per CPU core but, this will depend on each customer’s overall configuration.
The customers must notice to not overload their VPS CPU usage and leave CPU available for very active market sessions which require higher CPU demands.
Can you run Forex VPS on your mobile phone?
Customers can control their Windows VPS on an Android device by installing the Microsoft Remote Desktop application. This app is available on the Google Play Store.
Is Forex VPS always online?
A VPS is always online. Whether servers are physical or virtual, they’re meant to be switched on and connected to the internet around the clock.
So, a Forex VPS won’t reboot during the trading week and isn’t affected by power outages. By having a VPS in forex trading, you don’t need to worry about keeping your Laptop or PC on permanently.
What is an EA (Expert Advisor or forex robot)?
An EA or forex robot is a program, a code, written based on a particular trading strategy. An EA uses technical signals to enter into trades, while a trader sleeps soundly. An EA can help traders perform on the market or trade fully automatically, depending on the particular indicators and initial settings.
Choosing the right forex VPS for the best EAs (forex robots) performance
Not all VPS are created equal. Choosing the right VPS plans for your Expert Advisor (EA) can ensure that trading runs smoothly and efficiently. By Understanding your EA’s Requirements and considering your CPU power, RAM, disk space, and network latency, you can choose the right VPS plan for your EA.
Conclusion
Forex VPS can bring more money into your pocket in the long run. In other words, a Forex VPS can save you thousands of dollars through a trading year.
With Forex VPS traders can seamlessly execute automated trading strategies, without worrying about latency. Forex brokers also have better access to their clients via the MT4/MT5 server. MT4/MT5 software executes traders’ orders, provides relevant quotes, and gives liquidity information.
If you want to run your MT4/MT5 EAs continuously without unexpected interruptions, then our different Forex VPS hosting plans for MT4/MT5 is what you need.
Ready to order your Forex VPS plan? Visit the Forex VPS Plans page on our website or check our blog for more tutorials.
