The forex market is the biggest financial market in the world today. Roughly $5 trillion worth of funds are traded within any 24-hour period so as you can imagine, there is a huge profit potential in this market. However, to get your share of the profits, you must know how to execute trades properly.
Learning trading strategies is very important, but it is a small part of the process. There are also multiple external factors that come into play. Things like latency, availability, location, slippage, and so on, can affect the outcome of your trades. Luckily, there is a way to minimize the negative impact of these elements, and that is by finding the best forex VPS and using it as a partner in your trading journey.
What Is VPS?
VPS stands for Virtual Private Server, and it is one of the most powerful resources today for a variety of digital needs. It is part of an actual, large physical server that provides resources like storage, memory, processing power, and so on, to multiple users anywhere around the world. By availing a VPS, it will be like having your own dedicated server that provides all the hardware resources you need, but without having to spend ridiculously large amounts on lavish equipment or ultra-fast internet service.
When it comes to forex trading, many investors are now using VPS to elevate their trading experience. It’s not just the beginners but even the most seasoned traders that stand to benefit from a VPS. The best forex VPS providers are set up in places where the most forex trading volume takes place, like New York, London, and Tokyo but the virtual service is accessible from anywhere.
Best Forex VPS Providers at a Glance
Before we go further into how VPS works for forex trading, what its benefits are, and how to find the best forex VPS service, here are some of the most popular providers currently in the industry.
ForexVPS |
Cloudzy |
FXVM |
ScalaHosting |
AccuWeb Hosting |
|
RAM |
2 to 4GB |
1 to 64GB |
1 to 4GB |
8 to 64GB |
1 to 32GB |
CPU |
2 to 8 |
1 to 8 |
1 to 4 |
4 to 24 cores |
Up to 8 |
Storage |
SSD (60 to 100GB) |
12 to 800GB |
40 to 120GB |
SSD (from 240 to 2000GB) |
35 to 640GB |
Location |
USA, Europe, Asia, Africa |
USA, UK, Singapore |
UK, USA, Japan |
USA, Europe |
USA, Europe, Asia, Africa |
Starting Price |
$29.99/m |
$7.95/m |
$19/m |
$19.95/m |
$12/m |
Uptime |
100% |
9.99% |
100% |
100% |
99.9% |
What Are the Perks of Using VPS for Forex Trading?
A forex VPS can give traders an ideal trading environment that, combined with excellent trading skills, can help deliver maximum profits. But how exactly does this technology do that? Following are some of the most notable examples.
High Uptime
There are many reasons why traders miss out on lucrative trading opportunities, but downtime is the most common. The best forex VPS providers can guarantee an uptime of 99.9% or higher, ensuring that you can keep trading 24/7 regardless of troubles with your personal network.
Rapid Execution
Most forex VPS providers are located in the vicinity of major forex data centers, so latency is minimal. Because of the close proximity, you can execute trades at a rapid rate. As a result, you will enjoy better order fills, reduced slippage, and enhanced trading performance.
Tighter Security
Each VPS comes with its own isolated resources, which gives much higher security than shared hosting. In addition, many providers implement strict security measures like firewalls and DDoS protection to ensure the safety of your trading platform.
Reliable Performance
When signing up for a VPS service, you get to choose the bandwidth, RAM and CPU that you will need. These dedicated resources will always be at your disposal, thus you can rely on consistent performance all the time. Furthermore, you can easily upgrade your resources at any time as needed, without any hassle.
These are just some of the forex trading biggest perks that you can enjoy from a VPS. Most providers also provide support for automated trading, have dependable backup solutions, are accessible through various operating systems, and so on. It really pays to be meticulous when choosing a VPS provider so that you can get one that would be a valuable asset to your trading experience.
5 Best Forex VPS Providers of 2024
1. ForexVPS
ForexVPS is one of our top picks for best forex VPS for many reasons. Firstly, it has powerful data centers scattered in multiple continents. It also offers a generous amount of dedicated resources, allowing traders to really optimize profits. ForexVPS is also highly recommended for beginners because it offers a rich library of useful tutorials as well.
2. Cloudzy
Data centers of this FPS provider are mostly located in the US but they also have centres in the UK and Singapore. They also have some of the most affordable plans, yet their storage capacity and connection speed are way above par. Above all, they will not compromise security, providing features like firewalls and DDoS protection for your peace of mind.
3. FXVM
Designed especially for forex trading, this VPS can give minimum latency, making it ideal especially for fast-paced trading strategies like scalping. With their servers, you will not only get the fastest execution speeds and 100% uptime, but you will also benefit from the robust security features, ensuring the safety of all your transactions.
4. ScalaHosting
ScalaHosting leads today’s best Forex VPS providers in terms of speed. Their servers and resources are all cloud-based, thus guaranteeing optimized loading times. They also use SSD and NVMe storage, which delivers faster speeds and ensures top-notch trading performance.
5. AccuWeb Hosting
AccuWeb offers a variety of forex VPS plans for different kinds of traders. For instance, all these plans work seamlessly with MetaTrader 4, MetaTrader 5, cTrader, and many other major trading platforms. You can also rest assured about the safety of your data because they have a reliable security system, and perform daily backups as well.
Choosing the Best Forex VPS to Optimize Trading Outcomes
In conclusion, the VPS providers that we have listed all rank high in terms of performance and reliability. However, to choose the best forex VPS provider for you, it is important to compare all the different features, taking your personal needs into consideration. Take note that most of these come with a few days of free trial, as well as a money-back guarantee, so take advantage of these to see which particular provider would be best for your trading strategy.