Virtual Private Servers (VPS) are used by practically all Forex traders to run automated trades.If you鈥檙e using software to automate your trades, you need a VPS. This isn鈥檛 you pressing 鈥榮ell鈥?or 鈥榖uy鈥?on your home computer 鈥?it鈥檚 a machine doing the heavy lifting for you!
People also ask
What is a VPS hosting?
VPS hosting stands for Virtual Private Server Hosting. VPS is basically an independent partition of a physical server. Hosting companies often create multiple virtual partitions of one physical server, so each site and files can be kept completely separate.
What are the advantages of using a VPS?
You can access VPS from multiple devices like tablets or mobile phones, so you can monitor your EA running anytime while you are away from your Home computer or laptop. If it is necessary you can also allow multiple different users (with different privileges) to access your VPS. So, it gives you more flexibility.
Do I need VPS hosting to start a WordPress blog?
If you’re a beginner just starting a WordPress blog, then there’s no need to get VPS hosting. A shared hosting plan will provide all the resources you need to get started. Shared hosting plans are budget-friendly and don’t require a lot of technical skill to get started with.
Is VPS good for Forex trading?
From a forex trading perspective, VPS is a beneficial tool especially if you trade using Expert Advisors or if you have subscribed to the signal service. Depending on the nature of your forex robot, the speed of execution can of crucial importance.