When we were asked by one of our readers to name the best and most affordable Forex VPS service on the internet, we told them that so far, we had identified FXVM and Forex VPS.
Now, of course there are hundreds of such similar services on the world wide web right now. In fact, there is no shortage of companies that provide EA users with Forex VPS services. Ideally, we were just being honest with that specific reader given that we had already conducted an extensive research on these two. We could not speak of what we don’t know.
However, when we first raised the issue of Forex VPS services on this blog, some readers wanted to know why exactly a VPS was needed for trading. This post explains what a Forex VPS is in details and why you might need one. That being said, let’s move into discussing the subject of this review, which is Forex VPS company.
What exactly is Forex VPS? Well, this is a world-class company that specializes in providing Forex VPS services to traders on the internet.
Since there are a number of companies that do this kind of thing, Forex VPS has chosen to provide unique, quality service that all traders can appreciate regardless of their budget.
Yes, it’s true that this VPS provider is a premium service that caters for all budgets.
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We particularly love their juicy features because we feel that traders get real value for money depending on the packages they choose.
Secondly, Forex VPS teams up with a number of reputable Forex brokers to make their clients’ work easier. They entered a partnership with Pepperstone (a Forex broker that allows traders from the US), AxiTrader, Oanda (a Canadian-based brokerage firm), FXDD, ACFX and Swiss Quote.
Therefore, the issue of finding a good broker should be out of the equation because this company works with a couple of very decent Forex brokers.
In terms of latency, we could say that Forex VPS offers top-notch execution speeds in this department. Their latency speed to some of their brokers was amazingly quicker than what we had anticipated. At 1ms, we could say that Forex VPS offers instant execution with some of their brokers. So far, this is encouraging, and is the number one reason why someone would want to go for them.
Now, the good news does not end here as this VPS provider is very prepared when it comes to features which they are providing on their site. In the next section of this review, we will list them down and describe each one of them for your understanding.
It’s one thing to get your expert advisor hosted by a VPS server and it’s quite another to run it on a dedicated FX server.
This is something that Forex VPS understands very well. We all know that shared resources do slow up things a bit. When you’re operating in a shared resource environment, you’re likely to experience down-time because the huge work-load is straining the server.
You can rest assured that down time will be literally non-existent when you purchase a package from this company.
Well, if you’ve been trading for some time, you recon that trading in a tight spreads environment is the best way to make profits.
One of the things that add to your spread is when your broker arranges partnership with a VPS provider so they can apply mark-up on your trades. Thankfully, this kind of thing does not happen with this company. You can at long last feel comfortable trading with a VPS network that doesn’t come with mark-up.
This is the most exciting feature as far as support is concerned. This company runs an open live chat on their site 24 hours a day. This especially applies to customers from New York and London locations. If you need any help, it is readily available.
Just to give you a taste of what you will get, we suggest you study the picture below. Your problems will literally be handled by model customer support professionals. So just forget the stress and get to work.
We love the technical bit. They are a best bargain because they target the needs of the average trader.
Let’s first look at the basic plan. The basic plan gets you 1 CPU Core, 1GB of RAM, 30GB SSD, Windows 2008/2012, automatic backups, control panel for your account, and many more.
Then there is the basic+VPS. This one gets you 1 CPU Core processor, 2GB of RAM, and 32GB SSD. The other features remain the same.
Now, if you go for the standard VPS, you will get 2 CPU Core, 2GB RAM, and 35GB of SSD. The other features remain constant in relation to all the other packages.
And then there is the dedicated server. This one gives you 4 CPU core (up to 8 spreads), a whooping 16GB of RAM and 128GB of SSD. The other features remain constant.
As you can see from the above list, pricing is structured based on a monthly payment plan. Dedicated Forex server is the most expensive of all because it costs $274 per month. But the benefits can clearly be seen when you get to use it (depending with the number of programs that you’re running on your computer.
Did you know that Forex VPS was offering a free hosting service, despite charging a fee when you go the regular way?
You can trade your way to a free VPS by first signing up with any of the brokers in their list. They have a special partnership with these brokers. So once you sign up and meet the obligations which come in form of meeting a specific trading volume, you will receive a treat from Forex VPS.
But this does not mean that you will get any lesser service than if you opted to purchase one right away. In fact, according to the website, you are supposed to get Basic+VPS, 2GB RAM, 32GB SSD, and Windows 2008 Pro.
We feel that this is a godsend to traders who can’t afford to get a VPS at the moment. If you already have a proper expert advisor that trades round the clock, then it’s a matter of exercising patience while waiting for that volume requirement to be met. That’s it.
Forex VPS currently supports PayPal and Skrill. Although some traders would have preferred Visa or Credit cards, this is not so much of a challenge because most traders do use Skrill to fund their Forex accounts.
So far, we can vouch for this VPS provider because they have all the characteristics of a good Forex VPS provider. There is nothing that can hold you back because even their reputation is intact.
Since you are being promised 100% up-time, you should get it. Also, their range of plans is fairly priced to cater for traders of all kinds. If you started out with a basic plan, you could upgrade later and get more features in terms of storage and processing power. In short, you’re free to start using a VPS service from this company.
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