Forex VPS Services Review
The forex market is immense. Each day, a colossal $6.6 trillion changes hands as traders from around the globe attempt to capitalize on currency fluctuations. That makes foreign exchange the world's largest financial market.
To be a successful forex trader, you need two things: a reliable trading platform and a forex VPS service to ensure that your trades are executed quickly and without delay.
In this article, we compare the best free and paid forex VPS services for you to use in 2023. We'll also provide helpful tips on how to choose forex VPS providers and how forex VPS can help improve your trading.
What Is Forex VPS?
A forex Virtual Private Server (VPS) is a remote computer that traders can use to host their trading platforms and robots 24 hours a day, 7 days a week. Forex VPS services are provided by forex brokers and third-party service providers.
When using a forex VPS, you can connect to your trading platform from any computer with an internet connection. This means you can trade from anywhere in the world, as long as you have an internet connection.
A forex VPS is also useful for traders who want to automate their trading with trading robots or expert advisors (EAs). By hosting your EAs on a forex VPS, you can ensure that they are always running and executing trades even when your computer is turned off.
How Does Forex VPS Help?
Forex VPS services have a number of advantages for forex traders. Here are some of them.
High-Speed Internet Connections
The forex market is a fast-paced environment, and even a delay of a few milliseconds can make a difference in your trade execution. Any delay in trade execution can lead to slippage, which is the difference between the price you wanted to trade at and the price you actually traded at.
Forex VPS services provide high-speed internet connections that are crucial for fast trade execution. By using a forex VPS, you can be sure that your trades will be executed quickly and without delay.
24/7 Trading
As a serious forex trader, you need to be able to trade anytime, anywhere. The good news is that the forex market is open 24 hours a day. With a forex VPS, you can connect to your trading platform from any computer with an internet connection. This means you can trade from anywhere in the world, as long as you have an internet connection. More importantly, you can trade anytime you want, even if it’s 3 in the morning!
Automated Trading
Forex VPS services are also useful for traders who want to automate their trading with trading robots or expert advisors (EAs). By hosting your EAs on a forex VPS, you can ensure that they are always running and executing trades even when your computer is turned off.
Save Money on Hardware and Software
In order to trade forex effectively, you need a powerful computer with a fast internet connection. This can be expensive, especially if you need to upgrade your hardware every few years to keep up with the latest technology.
With forex VPS, you can save money on hardware because you don’t need a powerful computer to trade. All you need is a computer with an internet connection, and you can connect to your forex VPS to trade.
In addition to hardware, you also need to have the right software to trade forex effectively. This includes a forex trading platform, charting software, and other tools and services.
With forex VPS, you can save money on software because you don’t need to install any forex trading platforms or software on your computer. All you need is an internet connection, and you can connect to your forex VPS to trade.
Lower Latency
Latency is the delay between when you place a trade and when it is executed. Latency can be caused by a number of factors, including internet speed, computer performance, and the distance between your computer and the forex broker’s servers.
Forex VPS services are located in data centers that are close to the forex brokers’ servers. This reduces latency and helps ensure that your trades are executed quickly and without delay.
Scalability
As your trading business grows, you will need to upgrade your hardware and software to accommodate the increased volume of trades. Forex VPS services are scalable, which means you can easily upgrade your service to accommodate the increased volume of trades.
This is important because it means you won’t have to worry about upgrading your hardware and software as your trading business grows.
Security
When you trade forex on your own computer, you are at risk of viruses, malware, and hackers. Forex VPS services are located in secure data centers that are protected from these threats.
This is important because it means you can trade forex without worrying about the security of your computer.
Support
When you use forex VPS services, you will have access to 24/7 support from experienced forex traders. This is important because it means you can get help and advice when you need it.
Forex VPS services are a great way to trade forex with all the benefits of a dedicated server without the high cost. If you are serious about forex trading, then forex VPS services are a good option for you.
How to Choose the Best Forex VPS
Your choice of forex VPS will greatly determine how successful you are as a forex trader. Here are some factors to consider when choosing the best forex VPS:
Uptime
Uptime is the amount of time your forex VPS is online and available. The best forex VPS providers will offer an uptime guarantee of 99.9 percent or higher. With an uptime guarantee, you can be sure that your forex VPS will be online and available when you need it.
Customer Support
When forex VPS hosting goes wrong, you want to be able to get help from customer support as soon as possible. The best forex VPS providers will offer 24/7 customer support so you can get help whenever you need it.
Pricing
Another important factor to consider while choosing a forex VPS provider is price. Sure, top-quality forex VPS seldom comes cheap, but that doesn’t mean you have to pay a fortune to find one. Be sure to compare pricing before you commit to a forex VPS provider.
Features
Make sure the forex VPS provider you choose offers the features and resources you need for your forex trading strategy. Some forex VPS providers offer plans with different levels of resources, so you can choose the plan that's right for you.
Reviews
Check out forex VPS provider reviews to see what other users have to say about the provider's uptime, customer support, pricing, and features. Beware of fake reviews, though. Some forex VPS providers pay people to write positive reviews about their services.
Free Trial
Some forex VPS providers offer a free trial, so you can try out their services before you commit to a long-term contract. This is a great way to see if a forex VPS provider is right for you.
Money-Back Guarantee
The best forex VPS providers offer a money-back guarantee, so you can get your money back if you're not satisfied with the service. This gives you peace of mind knowing that you can get your money back if you're not happy with the forex VPS service.
Best Forex VPS Service Providers in 2024
Forex trading has come a long way since the early days when only large financial institutions and banks could trade currencies. Today, anyone with a computer and an internet connection can trade forex. And with the help of forex VPS services, you can trade forex from anywhere in the world.
But with so many forex VPS service providers to choose from, it can be difficult to know which one is the best for you. That’s why we’ve put together a list of the best forex VPS service providers in 2023. Let's take a closer look at each.
ForexVPS.net
ForexVPS.net has been providing forex VPS services since 2010 and is one of the most popular forex VPS service providers. forexVPS.net offers a variety of forex VPS plans, all of which come with a 100 percent uptime guarantee and near instant execution of 1 millisecond.
ForexVPS.net’s Standard plan starts at $51per month and includes 4 GB RAM and 90 GB SSD disk. All plans come with a dedicated IP address.
Trading FX VPS
Trading FX VPS offers a variety of forex VPS plans, all of which come with a 99.9 percent uptime guarantee and low latency, helping you save 1 to 5 pips per trade that result from slippage and poor execution. Trading FX VPS’s Standard plan starts at $25 per month and includes 2 GB RAM and 30 GB NVMe.
AccuWeb Hosting
AccuWeb Hosting boasts a 99.9 percent uptime guarantee and offers forex VPS plans starting at $6.99 per month for the Classic Opal plan. Other plans include the Classic Pearl, Diamond, and Emerald. All plans come with a free dedicated IP address and low latency.
InterServer
Interserver supports two operating systems: FreeBSD and Linux. Users enjoy a 99.9 percent uptime guarantee. You also get self-healing hardware, in addition to lightning-fast speeds. Plans at $6 per month, making Interserver one of the cheapest forex VPS providers.
Hostwinds
Hostwinds forex VPS hosting starts at $12.74 per month, with multiple plans scaling up to $431.24 per month. You can choose between Windows and Linux-based servers, and all plans come with a 99.999 percent uptime guarantee. All Windows VPS plans include 1 Gbps ports, free website transfer, and an enterprise firewall.
VPSServer.com
VPSServer.com forex VPS's most popular plan is priced at $31.99 per month, with an8 GB RAM, 160 GB SSD storage, and 4TB monthly traffic. forex VPS plans come with a 99.9 percent uptime guarantee, free weekly backups, and 24/7 customer support.
NextPointHost
NextPointHost's ultra-low latency and 100 percent uptime guarantee make it one of the best forex VPS providers. Users get a 30-day money-back guarantee, and all plans come with a free dedicated IP address. Plans start at $19 per month.
FXVM
FXVM offers a seven-day trial at 0.99$ per week, during which you can check out the service's low latency, 100 percent uptime guarantee, and expert customer support. After the trial period is over, you can try out the Basic VPS package on offer for $28 per month. Other packages include the Lite VPS, Advanced VPS, and Dedicated Server.
JavaPipe
JavaPipe offers a latency of 4 ms and a 99 percent uptime guarantee. There are four plans on offer, with the most popular (VPS 3) priced at $20 per month. All plans offer up to 750 Gbps Anti DDoS.
Cloudzy
Since 2008, Cloudzy has been providing forex VPS hosting services. Cloudzy's forex VPS plans come with a 99.9 percent uptime guarantee, free weekly backups, and 24/7 customer support. Forex VPS plans start at $7.95 per month, with the best value package available for $29.95 per month. This package gives you 8 GB RAM, 140 GB SSD storage, and 7TB bandwidth.
How Much Does Forex VPS Cost?
As you've seen from the list above, forex VPS hosting providers offer a variety of plans at different price points. The cost of forex VPS hosting will depend on the features and resources you need for your trading strategy.
Forex VPS providers typically charge between $5 to $50 per month. Some advanced plans can cost several hundred dollars per month. Many forex VPS providers offer discounts for longer-term contracts.
Can I Get Free Forex VPS?
What if you'd like forex VPS services but don't want to spend much money? Luckily, some forex VPS providers offer free plans. That said, these plans usually have fewer features and resources. If you need forex VPS hosting for more than just a trial period, it may be worth it to pay for a plan.
So, which providers provide free forex VPS hosting, and what conditions must you meet?
Roboforex
Requires that you have an equity of $300
You must deposit no less than $10 upon opening the account
No specified trading volumes are required per month
You get to enjoy convenient trading with the advice of experts
FBS
Traders enjoy an entire month free, provided they make a $450 one-time deposit
VPS remains free if you trade at least three lots a month. If not, you must pay $33 a month for the service
You get 24/7 operation with the virtual machine, even when offline
Pepperstone
Everyone gets free VPS service, provided they trade at least 15 lots
The minimum deposit required when opening an account is $200
The latency is extremely low, at one millisecond
FP Markets
You get free forex VPS hosting if you deposit $1,000 or more
Service remains free if you trade 20 lots per month on the Raw account or 10 lots on the Standard account
You get to trade with a professional data center
XM
VPS eligibility requires holding at least $5000 in your account
Free VPS is available if you trade five lots or more per month
You get to enjoy superior efficiency and blazing speeds
As you can see, free VPS forex hosting is possible, but you need to deposit a significant amount of money or trade a lot to be eligible. If you don't want to do either of those things, you'll need to pay for forex VPS hosting.
FAQ
Why do I need a forex VPS?
A forex VPS can improve your trading results by providing faster execution speeds and more reliability. A forex VPS can also help you to save money on your trading costs by eliminating the need for a dedicated physical server.
Do I need technical knowledge to use a forex VPS?
No, you don't need any technical knowledge to use a forex VPS. Most forex VPS providers offer easy-to-use control panels that make it easy to start.
Does VPS work with all brokers?
VPS should work with any broker that supports the MetaTrader platform. However, it's always a good idea to check with your broker to ensure they support VPS before signing up for a plan.
Is trading with VPS secure?
Yes, trading with a forex VPS is secure. Your data is stored on a remote server protected by physical and logical security measures. Additionally, most forex VPS providers offer SSL encryption to protect your data further.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.