Trading today
We have come a long way from sitting on a trading floor and yelling out prices at a crowd. As new industries have surfaced and more markets opened, exciting new opportunities have arisen for anyone interested in buying or selling digital assets.
However, making profits in the market can be quite difficult. Even with hundreds of indicators available on popular trading platforms such as MT4, the market remains unpredictable and timing a bottom or a potential top may prove difficult. With great advances in technology, there are now ways in which even the most inexperienced traders could secure a bag of cash out of the market with little difficulty. Some of the most popular ways are:
- Usage of bots and EAs (expert advisors) that monitor trades based on algorithms
- Hiring a professional trader to trade on your behalf
Latency, hardware issues and unstable connections
Whether you are an experienced trader that prefers to trade manually or if you have an automated system in place which does the trading for you, you are still very reliant on your immediate hardware and internet connection.
Latency issues, power outages and internet disconnections are just some of the obstacles which a trader or an EA may face when executing a successful trade. This can be critical when trading on a volatile market since even the smallest delay could result in a monetary loss. A few pips too early or too late per trade could cumulatively add up to a considerable sum at the end of a trading year.
A Forex VPS is your solution
Fortunately, the introduction of VPS hosting has provided traders with a wingman that eliminates most issues that may turn a trade less profitable. VPS works by introducing a secure middleman that acts as a virtual computer that a trader could access from anywhere, at any time to trade.
The flexibility and security a Forex VPS provide make it an essential tool for manual traders and automated trading systems alike.
Here are just some of the main benefits Forex VPS users get to enjoy:
1. High trade speed
If you are using an EA or any automated bot to run trades for you, you should also include a high-speed connection and a low latency as a part of the equation in order for the automated system to optimize the system’s performance. High trading speeds with extremely low latency is one of the major and most sought-after advantages of using a Forex VPS.
2. Reliable connection
An uninterrupted connection is crucial regardless of your trading strategy. Using a Forex VPS ensures that you wouldn’t have to worry about an unstable internet connection to access your broker.
3. Trading while your device is switched off
Since a VPS doesn’t rely on your personal device, your system could continue to execute trading operations regardless of the power state of your device.
4. Availability
a Forex VPS is capable of running a Forex trading platform 24/7. Your bots or your hired trader could keep working for you with no worries of your computer overheating, power outages or hardware failure
5. Cost-effective
It can be costly to buy durable and effective hardware and to set up a high-speed internet connection. A Forex VPS service provides you with all the equipment you need for a much lower cost in the form of a weekly, monthly or yearly subscription. Another benefit is that it saves you any extra expenditure that equipment repair could cost you since all equipment is prone to breakdown after a long enough period of usage.
6. Accessibility
You are no longer restricted to your desktop computer or any personal device that is limited to a fixed location. You could trade from anywhere at any time as long as you have a network connection to access your Forex VPS.
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7. Security and protection
In most circumstances, using a VPS offers greater security than just a home computer. Most VPS service providers guarantee security to their clients and have a dedicated staff to monitor network upkeep activities. This includes but is not limited to up-to-date antivirus and other software to ensure that your device runs bug-free.
8. Privacy and personalization
A device being used by multiple traders, or more than one person can potentially cause harm and interfere with trading operations. A VPS server can only be accessed by the individuals with the security means which are provided to the subscriber.
9. Support
Most Forex VPS hosting providers come with dedicated customer support that could help with any technical issues a trader could face. This includes setting up certain software or automated trading systems.
10. Easy recovery of lost data
It is difficult and time-costly to set up a proper trading strategy that perfectly suits your requirement. A loss of data would mean the trader would have to start from scratch and retune the entire trading system which is a major setback. Forex VPS hosting providers often provide backup options that allow the user to revert and recover any data in the event of an unfortunate data loss.
Picking the right VPS hosting provider ✅
With the wide variety of Forex VPS hosting providers available, picking the right one can be tricky yet extremely important since you are staking your real assets. There are many factors that go beyond just cost to consider when choosing the right company to provide you with the best VPS for MT4 etc.
VPS hosting providers such as RouterHosting Forex VPS has proven to increase profits by removing most of the costly obstacles from the equation of a successful trade. With RouterHosting Forex VPS traders will get 2GB of VPS RAM with easy RAID10 and free Windows SSD storage. With a 7-day refund policy, for just $7.95 a month, traders will have full access to various VNC clients. With 15 available locations in Asia, Europe and North America, the company offers 24/7 uptime with secure connectivity.
Conclusion
When considering the cumulative of the few pips lost per trade due to slippage, it is undoubtedly much more profitable to invest in a Forex VPS to ensure that all your trades go perfectly as planned!