“VPS” is an acronym phrase that stands for Virtual Private Server, also sometimes referred to as a virtual machine. So a cheap Forex VPS is a service that helps traders to deploy their expert advisors on a dedicated server that will be running 24/7 without interruptions, independently from the trader’s own computer and without any efforts from the trader’s side.
VPS is a common variant of web hosting, and could also be called a variant of dedicated server hosting. A datacenter is a professional computer hosting facility where businesses locate physical hardware, which datacenter in a cheap Forex VPS keeps data about finical issues and trade’s details. A cheap Forex VPS establish a direct connections to ISPs, and to access electrical and cooling resources required for 24x7x365 operation of computers which is great advantage.
The premise of a VPS is to leverage the advanced benefits of physical colocation in a datacenter, while providing an end-user service that is manageable and affordable, so a cheap Forex VPS would be fantastic option.
But how could it be possible? This is accomplished with the use of virtualization technologies (called hypervisors) that manage the partitioning, or virtualization, of physical hosts into smaller sub-units, where each sub-unit runs its own isolated operating system. It is akin to setting up multiple user accounts on a computer, and allowing all of them to be used at one time, with the crucial difference that each user has an entirely separate operating system.
What can be done with a cheap Forex VPS?
Virtualization plays a major role in many areas of business and IT, and it is also beginning to play a significant role in forex trading and the hosting of financial applications. Given that trading and financial applications often require more stability and faster connectivity than any other type of application, the benefits of cheap Forex VPS suit it perfectly:
- Access to advanced hardware for a fraction of the full cost of collocating your own system.
- The ability to utilize high level data networks and connectivity, without owning the entire contract yourself.
- Configuration of fail-over and high-availability systems, to ensure continuity of hosted applications.
- Easy scalability, allowing you to start with only the resources you need, and expand later.
VPS hosting companies usually charge from $10 to $99 per month (depending on the server’s quality and the company’s greed). If you have an expert advisor on an electronic trading platform(MT4 EA), it’s always better to install it on a VPS, because when an EA is running from your home or office PC there is always a chance for some unforeseeable problems (like internet disconnects, power outages, system errors, etc.). So a cheap Forex VPS would be the best option for you.
Benefits of a cheap Forex VPS
1. Speed of cheap Forex VPS
The speed of order execution is usually of the highest importance for traders, especially for those who run automated trading systems. To achieve maximum performance for trading applications, it is necessary to host them as near as possible to the services and networks they will be interfacing with, such as brokers and other financial institutions, as well as account managers and signal providers. In the most common scenario, these networks are located at a few key points in New York City or London.
Cheap Forex VPS hosting is an affordable and easy-to-manage way of obtaining connection speed that is very close to the fastest available for trading applications. In fact, it is close enough to New York and London deliver lower latency––meaning faster connectivity––to major brokers and financial networks than any other VPS solution, which will result in significantly improved order execution for your trades.
2. Security of cheap Forex VPS
Of no less importance, adequate system security is critical for all applications, whether an individual electronic trading platform or advanced backend financial software. There are implicit security benefits gained by offloading your software to a remote system.
3. Accessibility of cheap Forex VPS
Just like a website would not be reliably accessible if it was hosted from a home or office computer (instead of a web hosting server), trading software becomes much more reliable and also affordable when moved to a cheap Forex VPS or dedicated hosting solution. The tools and protocols in this kind of VPS, such as RDP (Remote Desktop) and VNC, allow you to easily connect to your forex VPS from anywhere, with no extra setup or configuration necessary.