Advantages of using a Forex VPS with MetaTrader Expert Advisors.

• Enables traders to execute orders at high speeds, which is essential for the best performance of EAs.
• A high quality VPS offers ultralow latency to the forex brokers.
• Allows traders to maintain an uninterrupted connection to the markets.

Tips to Choosing Best VPS Provider for Forex Trading

1. Virtualization Technology

The virtualization technology employed by the VPS provider is the first aspect to be checked by the traders when shortlisting a few best forex VPS providers.

2. Unlimited Platform Instances

Choose a VPS provider that allow traders to run unlimited instances of MT4 as well as other platforms. The VPS should allow a trader to run multiple accounts and not be limited to one particular broker or institution.

3. Latency

The speed of execution of orders is referred to as latency. Speed is the crux of forex trading and a high latency VPS has the potential to change a profitable trade into one that loses a lot of money. Genuine VPS providers often allow clients to choose a VPS from several locations around the world.

Traders should choose the location of their VPS based on the location of the forex broker they are working with. Ideally, the forex VPS should be located in the same country. If this is not possible, then it should at least be located in the same continent.

4. Security

It goes without saying that security offered by the VPS is one of the key features that traders should check. It should come as a standard feature with the account. It is always a good idea to look for VPS providers who also offer DDoS protection.

5. Guaranteed Uptime

Traders won’t be able to make money if the VPS goes offline frequently. Therefore, they should choose a VPS that offers at least 99.99 percent Service-Level Agreement (SLA) based up-time. Further, the SLA should have a clause for paying compensation if the VPS provider does not meet the uptime commitment.

6. Support

The VPS provider that traders want to work with should make available customer support services throughout the trading hours. This is because it is difficult to predict when traders would need customer support.

7. Speed and Bandwidth

Companies that offer high quality VPS services generally ensure a speed of 1 Gbps and sufficient bandwidth so that the traders EAs continue to run 24/7.