forexvps.net review
Understanding Forex VPS
Forex VPS are virtual servers that are used to execute automatic Forex trading orders using trading software (most often MT4) rather than personal computers. VPS (Virtual Private Server) is a virtual computer or virtual server that may operate independently as a conventional computer and has the advantage of being available 24 hours a day, seven days a week.
VPS may be tailored to your specific requirements and is very handy for Forex traders due to its security and flexibility. Forex VPSs can handle massive amounts of data at high speeds, among other things.
Using a VPS for Forex transactions (or VPS Forex for short) is a very safe and secure method that provides the fastest transaction speed possible because the network speed of a VPS is stable and can be 100 times quicker than that of a standard computer.
VPS entirely addresses and overcomes problems that a personal computer frequently meets, such as viruses, loss of Internet connection, or power failure, all of which have a significant impact on trading operations, particularly during volatile market moments. With the competition as fierce as it is today, placing orders must be quick and precise.
Advantages of Forex VPS
Unlike laptops, which must be turned on and off regularly or are easily disrupted by power outages or network connectivity issues, VPS Forex can totally resolve this issue. Therefore, you can surely be assured:
- As previously said, a VPS Forex is a type of virtual server that allows you to operate MetaTrader 4 (MT 4) and MetaTrader 5 (MT 5) and backtest EA throughout the day.
- Forex VPS is long-lasting, stable, and difficult to shut down.
- VPS (Virtual Private Server) allows Forex traders to operate the MetaTrader Expert Advisors application in a virtual environment on the broker’s server 24 hours a day, seven days a week.
- Throughout the trade week, VPS keeps a constant connection. It’s also not affected by power interruptions, so you don’t have to keep your computer turned on all the time. If you want to keep experienced advisers running without interruption, VPS Forex for MetaTrader is just what you need.
- A virtual private server (VPS) has an operating system, HDD storage, RAM, and a server location. As long as you have an internet connection, you may access and control this system from any device.
- Forex traders require internet access to use the MT4 platform under regular circumstances. If you use the Expert Advisor service, these EAs will be linked to your computer and will only function if you have an internet connection.
If your computer loses connection or is turned off, the EA will cease delivering trade signals. If you install the EA on the Forex VPS service, your EA will be able to run indefinitely because the VPS is always linked to the internet. Even if you do not switch on your computer, all orders will be delivered to the trading platform.
Forex VPS – Overview
Launched in 2012, ForexVPS.net is a subsidiary of Think Huge Limited with its main office in Hong Kong. It offers a variety of quick dedicated and VPS servers for online Forex traders. The business has servers in several financial data centers in Asia, Australia, Western Europe, and North America. You can also refer to the article on FXVM Review, which is also a subsidiary of them, from which you can choose the services that are more suitable for you.
The simple (and unattractive) ForexVPS.net website is written exclusively in English. All costs are listed in US dollars.
ForexVPS.net features
Forex VPS – Features
As I mentioned, ForexVPS.net has paid great attention to the needs of the trading community and business as they only offer services to forex traders and brokers.
For instance, they are aware that latency is crucial when it comes to high frequency trading methods or EAs, which are time-sensitive trading strategies. In order to reduce latency to as many forex brokers as possible, they have placed focus on this measure by dispersing their data centers across the globe. We’ll cover this in more detail under the “locations” portion of our review.
ForexVPS.net is one of the best VPS hosting providers compatible with all Windows programs, software systems, and trading platforms. For traders who utilize many platforms or applications with plenty of computer power, this is fantastic news.
In line with its four VPS plans (Basic, Basic+, High Frequency, and Standard), this web hosting provides a plethora of features, including:
- SSD capacity.
- Complete uptime assurance.
- Windows 2012-2019 support (except the Basic package).
- Exclusive IP address.
- Regular backups.
- Support for all brokers and platforms.
- A five-minute setup.
- Individual control panel.
Since time is money in the forex industry, Forex VPS offers solutions that are ready to use to cut down on time-consuming procedures. You only need to download and install your preferred program or sign in to your MT4 account. There are pre-installed programs and browsers like Chrome and Firefox.
Additionally, you do not need to wait days or hours to set up your VPS server. Although I’ve been told it can take up to 30 minutes, setting up your VPS server with ForexVPS.net simply takes 5 minutes. Not awful at all, though. Additionally, this supplier has extremely low latency of just 1 millisecond.
Let’s look at the materials that come with ForexVPS’s plans now. You receive 1 to 2 CPU cores, 2 GB to 4 GB of RAM, and SSD storage ranging from 60 GB to 90 GB. Is that the best I’ve seen thus far? No, but small to medium-sized firms ought to be able to get by with it. You can choose one of its dedicated server options if you want to scale up.
Unlike many other Forex VPS sellers, ForexVPS.net only offers automated monthly backups. That is insufficient to protect your data or provide you peaceful sleep.
Forex VPS – Support
ForexVPS offers a number of services to help customers and prospective customers select the VPS that best meets their needs.
They are accessible round-the-clock via email, live chat, and tickets. In order to gauge how well the customer service is, I personally contacted them using all of those channels. The live chat was quick enough, and they addressed all of my inquiries. Naturally, they wanted me to email them for further technical information, so I did. They answered my queries in a half-hour, including the anti-DDos defense I had earlier stated.
Overall, the experience was positive and I received all the information I needed. To be a little nitpicky, I might claim that it takes me a half-hour to respond to emails. In the event of an emergency, you probably won’t encounter any issues because they offer live chat around-the-clock.
Forex VPS Plans
Forex VPS – Pricing
For forex VPS, ForexVPS offers a number of managed options. They have made an effort to include all different sorts of traders and shape plans that are appropriate for trading, even though it is restricted to some plans created with static resources in mind, which means you can’t add extras like RAM to a plan.
In the event that you require extra resources, ForexVPS offers 4 different plan options as well as a dedicated server solution. Plans are priced at $30 and get more expensive as resources are allocated to them.
Examine them closely to determine how many resources you receive for each plan below:
Basic Plan:
This plan would likely be your best choice in this situation if you plan to run one or two Metatraders or EAs. A 1 core CPU and 2 GB RAM are yours for $30.
Basic + Plan:
A VPS with significantly greater resources, such as a 2-core CPU, 2.5 GB RAM, and 20 GB more storage space, totaling 80 GB, is available for $5 more.
These resources would be plenty for three to four trading terminals, and you probably won’t experience any issues like lagging or crashes.
Standard Plan:
This package is intended for more experienced customers that want a powerful VPS in order to run numerous trading platforms and/or expert advisers.
With a $51 investment, you can get a VPS with 4 GB of RAM and a 2-core CPU that can easily run up to 6 or 7 MT4s.
High Freq Plan:
You might wish to select this plan if your approach requires sensitive data to be processed quickly, such as high-frequency trading (HFT).
Faster data processing requires a CPU with higher GHz rates. Despite having a single core, the High Freq plan’s CPU is 3.4 GHz, making it significantly quicker than the CPUs in other plans.
Dedicated Server Plan:
This service has been designed specifically for professional methods that require a lot of calculation and hence a lot of resources.
You must pay $170 for ForexVPS’ dedicated server. You get a VPS with 16 GB RAM and a 4-core Intel Xeon E-2234 CPU for that amount of money.
In addition, they have an optional server service according to your needs, so that you can configure your own. If their options do not suit your requirements, we think you should check out the article Best Dedicated Server Hosting Providers, where there are many more options for you.
ForexVPS.net provides services to many countries
Forex VPS – Performance
The robust ForexVPS suite is one of the data center sites. As I previously stated, several forex strategies and/or EAs depend on nominal latency, and ForexVPS is well aware of this. They have data centers all around the world because of this.
Having a data center in one of these two nations is usually sufficient because most Forex Brokers have their data centers in the USA or the UK. To accommodate as many forex brokers as possible, ForexVPS has taken things a step further and now provides data centers in a number of additional places.
Because downtime might impair forex robots or EAs, particularly those with a sensitive approach, we consider this a critical metric.
Most VPS providers claim to keep your VPS service connection up 99.9% of the time, but only a few of them state this in their terms of service. Of course, this does not imply that they do not keep their commitment, but because unforeseen occurrences can occur at any time, they prefer not to include this obligation in their TOS. However, ForexVPS.net is not one of such providers. They truly guarantee the uptime of their VPS services, as mentioned in their terms of service. So, you don’t need to worry about its performance.
Bottom line
After examining every significant component of ForexVPS.net and conducting a review, I can confidently state that the VPS services they give are acceptable for trading to a large extent and cover a variety of traders’ techniques and/or EAs.
The multitude of datacenter locations is Forex VPS’s most distinctive quality and strong point. They benefit from a reduction in latency to numerous brokers worldwide. As a result, they are able to offer clients with different brokers a quick VPS service. Although ForexVPS provides traders with a respectable VPS service, there are some drawbacks. The basic plan’s expensive pricing and the absence of slice customization are the primary drawbacks of their VPS services, in my opinion.
It would be more beneficial if you could alter the available resources, increase the ones you need more of, and decrease the ones you believe are unnecessary. In terms of resources and cost, it’s a good approach. Overall, ForexVPS.net is superior for running several EAs or professional techniques when you require more resources and can justify investing more money.
Contact us if you need more information.