Best Forex Brokers With Free VPS Hosting in 2021
What is VPS hosting?
VPS hosting (Virtual Private Server hosting) is used to keep the user’s trading platform remotely on a dedicated remote server and execute trades from that server. The demand for VPS hosting appeared when traders got the ability to do automated trading using Expert Advisers (trading robots).
What are the use and benefits of VPS hosting?
When using an Expert Adviser on MT4 or any other trading platform, it is critical that a trading platform remains active 24/7. At this stage, any interruptions in Internet connections, shutdowns or simply additional delays in milliseconds as the trading order is passed from your PC to the broker’s terminal counts. With a remotely operated trading platform an Expert Adviser(EA) you no longer rely on your home PC. How critical it is for your trading system, every individual trader can decide for himself.
What are the options for traders looking for VPS hosting?
A trader has a choice to select any hosting provider and buy a hosting package for his trading needs. However, some basic knowledge about hosting, server configuration etc might be needed to select the best deal money-wise and execution-wise as well. As demand for remotely hosted trading increases, Forex brokers start to offer their VPS services as well. As a rule, when you have an account with a broker, your VPS hosting comes at no cost.
Platforms like this make trading the Forex market a lot considerably easier, they help implement risk management by giving traders the tools to do so (normally in the form of automatic orders) and also allow you to perform technical analysis by providing charting platforms. These platforms are only benefiting the financial trading space.