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FXVM Reviews and expert opinion for October 2024

VPS hosting is growing in popularity, but it still causes some difficulties for individuals who are unfamiliar with or comprehend the technology. So, what exactly is virtual private server hosting?

What are its advantages and disadvantages? How can you determine if it’s appropriate for your requirements? And why Fxvm.net has become such a great website for traders. Let’s discover everything below!

Overall
4.7
PRICING
  • Forex VPS
  • $20.00 - $175.00
  • Forex Dedicated
  • $160
  • Custom Dedicated
  • $160 - $2604.66
SERVER LOCATIONS

FXVM with data center

United States, United Kingdom, Switzerland, Netherlands, Germany, Japan, Singapore, India

Overview

fxvm review forex vps hosting
Fxvm.net Review Forex VPS Hosting

What is VPS Hosting?

VPS hosting is essentially a hybrid of shared and dedicated hosting. While you and the client are sharing the server. You can also continue to use a fraction of the server’s resources. The remainder of the server is allocated based on the site’s requirements. However, your part is in its own area. Because it is basically a small dedicated server. A virtual private server (VPS) can be useful for sites that have huge shared servers that do not have a separate operating system installed.

Each VPS hosting is a completely independent system with its own CPU, RAM, HDD capacity, IP address, and operating system. Users have full root access and can restart the machine at any moment.

A virtual private server (VPS) serves as a server enabling users to construct websites or apps on a separate set of resources. As superusers (or root, admin access), users have complete authority over installing the operating system of their choice, installing any applications required, and configuring the operating system.

The term “private virtual server” refers to the fact that while renting a VPS, users have independent resources that are not shared with others, even though they are on the same physical server system.

VPS solutions always offer a large number of packages available for fast expansion, with no interruption or downtime when upgrading. Fxvm.net offers many VPS plans that are ready to extend resources to meet your website’s rapid growth. Because of virtualization technology, your website will not experience downtime whether upgrading or downgrading.

So, what is Forex VPS?

This article will assist in defining “VPS” and other technical terms while describing the objectives of virtualized hosting.

Virtual Private Server, abbreviated “VPS,” is sometimes known as a “VM” (virtual machine). It is a typical form of hosting for websites and might also be referred to as a form of dedicated server hosting. Read on for additional information regarding a VPS’s technical aspects.

Businesses can locate their physical hardware in a datacenter, also known as a data center, which is a professional computer hosting facility. This is done in order to take advantage of direct connections to ISPs and to gain access to the cooling and electrical resources necessary for the continuous functioning of computers.

Virtualization is becoming increasingly important in various commercial and IT fields, including forex trading and the hosting of financial applications. The advantages of virtualized hosting are ideal for trading and financial applications since they frequently require greater stability and faster connectivity than any other kind of application:

  • For a small portion of the expense of co-locating your own system, you can access cutting-edge hardware.
  • The opportunity to access top-tier data networks and connectivity without taking full ownership of the contract.
  • Configuration of high-availability and fail-over systems to guarantee the continuity of hosted applications.
  • Simple scalability enables you to launch with only the resources you require and grow afterwards.
  • The actual hardware and network components are professionally maintained and managed by us at no extra charge.

How to use VPS for Forex?

Because the VPS environment already includes a very user-friendly and easy-to-use Windows operating system, using VPS for Forex is identical to using a personal computer. You only need to connect to the VPS, and then you can operate on it from anywhere (on your phone or PC) without having to carry it around.

To utilize VPS on a PC, simply type “Remote Desktop Connection” into the computer’s Start box, and the VPS control application will display (like teamview or ultraview). To utilize it, you must input the IP address of the purchased VPS, as well as your login and password. The only thing to remember at this point is to update the VPS password, personalize it, and keep it safe so that no matter where you travel, you can still access Forex transactions on VPS when necessary.

So, when you have clear information about Forex VPS, let’s have a Fxvm.net Review below!

What Is FXVM.net?

FXVM is a Forex VPS provider with a 2013 founding date and approximately 10 years of industry expertise. With the goal of assisting traders in achieving high uptime with low latency and getting the most out of their internet use, hosting companies provide platforms like MT4.

For traders that use EAs, bots, algorithms, or who simply want a stronger connection to the markets, they provide specific Forex VPS packages that are ideal. FXV, which has servers all over the world, distinguishes itself from other forex VPS services with a number of essential characteristics.

FXVM – Features

One of the top providers of forex virtual private servers on the market is FXVM, which provides a variety of benefits and features. It is obvious why the business is so well ranked and respected within the industry because they outperform a lot of the competitors in many aspects. Let’s examine a few of the features.

100% Uptime Guarantee

A reliable uptime % is necessary in order to trade effectively over the best internet possible. FXVM’s 100% uptime guarantee makes it clear why you should select them as your VPS provider. Traders can feel assured when using FXVM because they won’t have to worry about technical difficulties or slow internet.

Fxvm has multiple server locations around the globe
Fxvm has multiple server locations around the globe

Multiple VPS Hosting Connections

A single server simply cannot provide optimal communication. With reliable, high-quality providers like Equinix, Global Switch, and Internap, FXVM has servers located all over the world. Using servers in many countries, all VPS plans offered by FXVM. For traders seeking low latency, this is essential, and without it, we honestly wouldn’t even think about using the best forex VPS. if they don’t have numerous data servers spread out around the globe.

Various Trading Platforms

With all of the packages offered by FXVM, traders can utilize this VPS with confidence knowing that their needs will be met regardless of the trading platform they choose. We have firsthand experience with how irritating it is when a company doesn’t make an effort to allow traders to work in a way that suits their preferences and maximizes their productivity. This applies to any platforms that may run on a Windows OS, such as MetaTrader, cTrader, and others.

Low latency Forex VPS
Low latency Forex VPS

Little latency

If the VPS service couldn’t guarantee minimal latency, was it even worth reviewing? Low latency makes for incredibly quick order execution and eliminates the need to worry about delays, which is crucial for traders using smaller time frames like HFT. Fast execution due to low latency results in higher pip gains per trade. Not only does FXVM have low latency, but before you sign up, you can view the latency at the leading forex brokers in the globe.

Security

No less important is the need for robust system security for all applications, including sophisticated backend financial software and the MetaTrader 4 platform used by individual traders. Offloading your program to a remote server has implicit security advantages, and our Windows Server VPS templates are regularly updated to ward against hackers and other dangers. By making every component of our platform redundant, we have taken great care to guard against serious hardware failures. Our 24/7 NOC team works in tandem with Technical Support to continuously monitor our host servers and key network components for new problems or congestion areas.

FXVM – Ease of Use

Our assessment of FXVM is supported by the positive feedback the company is receiving on Trustpilot; it appears to be a genuinely excellent VPS service to take into consideration. It’s important to note the enormous number of reviews as well. While some other forex VPS providers only have a few reviews, FXVM only has 1400 on this one page, which is fantastic to see!

FXVM – Support

Customer service that is trustworthy is crucial. It’s comforting to know that you can simply contact the business if something goes wrong with your VPS. FXVM offers help to its consumers through a variety of platforms, including Facebook, Twitter, and Instagram.

Even better—and in our opinion a major plus—is their live chat service, which is available 24/7. It’s important to note that they also provide a Knowledge Base and a FAQ section, both of which are excellent resources for traders wishing to learn more about VPS or who have specific queries concerning FXVM’s unique service.

I can now attest to the value of having a helpful and educated customer support team when operating in the financial markets. Having this assistance is essential since even a little period of downtime on your server can result in significant financial losses and missed opportunities.

FXVM – Performance

A trader could prefer to use a VPS over operating their business only from a local computer for a variety of reasons. There are two primary reasons:

Run MT4 in several instances

To manage numerous MT4 accounts simultaneously, traders use a forex virtual private server the most frequently. I have a comprehensive guide on how to have several MT4 instances within 5 minutes if you’re curious how to go about doing this. However, why would a trader need several MT4 accounts?

This enables traders to use a forex trade copier to trade on many accounts simultaneously. Trade copiers automate the procedure so that your trades are simultaneously copied automatically across several brokers. This is why it’s so popular because it can, of course, significantly lower risk and enhance earnings.

Better market circumstances

Your advantage over the market is quite slight when trading currencies. Execution speed can be crucial in situations where you have a very small edge because every single pip counts. If you open a trade after 30 seconds have passed, the price may have changed so much that, when added to your spread, you may already be 6 pip worse off. Although 30 seconds is a bit of an exaggeration, having access to the quickest and most trustworthy market conditions is crucial for lower time frame traders.

FXVM VPS Plans Comparison
FXVM VPS Plans Comparison

FXVM – Pricing

It’s great that FXVM offers a variety of VPS plans because it allows traders who want to spend different amounts of money or who want different levels of VPS plans to be catered to and allows them to upgrade as necessary. We’ve gone into more detail about what each of the plans can provide you with below.

Lite VPS Plan

The Lite VPS is their entry-level package and costs $20 per month. It includes a single CPU core, 1.5GB of RAM, and 40GB of storage as standard. This is perfect for traders who want to use 1-2 terminals simultaneously with assured low latency and high uptime quality. This will be plenty for you if you only manage a few accounts or perhaps a funded account, like MyForexFunds.

Basic VPS Plan

This plan, which costs $29 per month, is the next tier up from the Lite VPS plan. It can run three to four terminals simultaneously and is a little more sophisticated than the least expensive option. It has two CPU cores, two gigabytes of RAM, and sixty gigabytes of storage.

Advanced VPS Plan

The Advanced VPS plan, which costs £36 per month, is slightly more expensive but is better suited to customers who require a slightly more sophisticated VPS server. It can support up to 4-6 terminals and has 4GB of RAM and 70GB of storage. For professional traders or traders operating prop company accounts like the FTMO Challenge, I would personally suggest this strategy.

Dedicated Server Plan

For individuals that require more in their plan, the fourth and final option is ideal. At £145 per month, it is the most costly. With a massive 120GB storage capacity and 16/32GB of RAM, this level of plan can host 32 servers simultaneously. Compared to the other plans, it takes the longest to set up (between 24 and 72 hours), but considering the intricacy of the plan, this is logical.

It’s fantastic that FXVM includes both those who require a VPS server on a small scale and those who require a bit more in their plans. For the majority of retail traders who only have a few MT4 accounts on a trade copier, this will be overkill.

Final Thoughts

In conclusion, FXVM is among the top VPS services available, and we highly recommend it. Low latency, 100% uptime, and a range of bundles are just a few of the excellent qualities offered by the business. We were particularly impressed by the uptime and the variety of plans, which would allow traders with varied backgrounds and levels of experience to pick a plan that suits them and their pricing budget.

We are not alone in thinking that FXVM is a corporation because many traders who have utilized the service in the past support it. In conclusion, FXVM is a top pick for your next VPS service provider.

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