Best Forex VPS

Best Forex VPS

The best Forex VPS hosting providers are the ones that provide 99.99 uptime, DDoS protection, data centers in the city where the data center of your broker is located, reasonable price regarding the specification of their plans (RAM, CPU, disc space), and last but not least, a professional customer service.

Best Forex VPS Hosting Providers

I spent hours of study digging into the websites of tens of Forex VPS hosting providers and talking to their online supports as well as sending tickets and emails in order to find the best Forex VPS.

Here’s a list of the best Forex VPS hosting providers in 2020:

You can find information about these forex VPS hosting companies as well as their plans’ slices in the table at the bottom of this article.

There are some pieces of information in the table that you might not be familiar with. If so, you may want to read the following lines to know them or you can find the part you want from the following table of content.


You can also watch the video version for knowing the best forex VPS hosting providers if you are not in a reading mode.

Best Forex VPS 2020 - Which VPS Hosting Provider is Better?

What Is Forex VPS?

VPS which stands for Virtual Private Server is a virtual space provided by hosting companies and provides you the opportunity to have a seamless internet connection from any parts of the world, forex VPS is exactly the same.

Consider it as a virtual computer that you can run from a different city, country, or continent than where you live or work.

Just like a physical computer, mobile, etc, it has some components such as RAM, CPU, and hard disk but in VPS they are virtual and located in your VPS hosting company’s computers. In fact, they lease some slices of their sources to you.

Just like physical devices, you have operating systems such as Windows or Linux and you can install software or applications on them.

For forex trading purpose, you can install your trading platforms such as Metatrader, cTrader, Ninja Trader, or any other platforms of your choice and trade; with some advantages though — we’ll talk about it later in this article.

Some forex VPS hosting providers deliver the VPS with trading platforms like MT4 and MT5 installed so you don’t even need to install them.

Why Is Forex VPS Used for Trading?

There are some reasons that traders in general and forex traders in particular use VPS including:

  • To have solid internet connection and avoid disconnection
  • To reduce latency and improve execution speed
  • To avoid slippage
  • To trade from anywhere

Constant Connection

Disconnection can cause different problems when you’re trading and can be detrimental if you have a large size account and are a short term trader like scalpers.

You also don’t want any disconnection if you run a trading robot such as EAs especially a 24/5 one.

When you use VPS, you are constantly connected because your connection comes from a very powerful and sophisticated center that your VPS service company provides.

Latency Reduction and Faster Execution Speed

Using VPS also reduces your latency to your broker to a great extent and brings it to something like 1-2ms which is negligible compared to your latency to your broker that might be 30,100,200, or even 1000 milliseconds, regarding the distance between your location and the data center of your broker.

For example, if you are in the US and the data center of your broker is in Australia, you probably have a latency of 200ms or something like that.

The best Forex VPS hosting providers have the data centers where the data center of your broker is located so you trade as if you were trading from that place. As a result, there’s no significant distance between you and your broker so your orders are executed faster.

You can find more information about execution speed and latency on the article that I wrote about forex brokers’ execution speed.

Avoid Slippage

Another reason that some traders prefer to use VPS is to avoid slippage.

When the market is volatile and moving very fast such as when the important news events come out, Brokers have difficulty to fill your orders at the price you want so your orders are executed at the closest price to what you’ve asked — sometimes a better price, positive slippage, and other times a worse one, negative slippage — find more here.

When you use VPS, you eliminate latency and speed up your execution so your orders get to your broker faster, therefore, the chance that they can find the price that you’ve ordered and deliver it to you is higher so you receive slippage fewer times.

Trade from Anywhere

The next advantage of having a VPS for trading is that you can trade from anywhere you want. You don’t need to carry your computer or laptop everywhere in order to be able to trade. You just need to enter your VPS username and password in remote desktop connection manager of any computer and have access to your trading platform.

For example, in your windows search bar type remote desktop and click on it then enter the VPS login and password that you’ve bought from a VPS provider.

Where Is Forex VPS Useful in Trading?

  • Running EAs
  • Scalping
  • Trading News

VPS for Forex Robots or EAs

This is probably the main reason that traders use forex VPS. As you know, Metatrader has a programing language that you can use to make trading robots AKA expert advisor or EA.

It’s not just limited to MT4 or MT5 and other trading platforms such as cTrader have their own propriety language for programming trading robots.

One thing that can have a determining impact on the result of a trading robot is being disconnected even for a few seconds. It’s even more dramatic when you have a scalping EA or a martingale one or any EAs that must follow some steps.

Any disconnection on a fully automated EA that runs 24/5 can distort a logical loop and mess up its codes so you see different performance.

Receiving service from one of the best forex VPS hosting providers can save you and your EAs from being disconnected, even for a few seconds.

It’s not just disconnection and as we saw earlier, VPS can decreases latency and slippage and increases execution speed so your EAs can see better results.

Forex VPS for Scalping

Scalping is another sensitive trading strategy that needs detailed attention more, especially when you’re aiming for very few pips like 2, 3 or 5.

In scalping, you may not want or be able to set your SLs at first or you don’t set and use it at all when squeezing for 2 to 3 pips. What if you get disconnected in the middle of such a scalping? Or your order isn’t executed fast enough so it’s opened with 1 or 2 pips against your favor?

A good solid VPS can help you avoid such conditions.

VPS for trading on Important News Events

Trading on volatile news events already comes with slippage. Now imagine you have a poor connection or long latency as well.

The last thing that you want as a news trader is not getting the price you order because your orders can’t be executed fast enough or you keep getting disconnection over and over.

The best forex VPS can save you from those kinds of headaches and provide a more reliable environment for trading on the volatile news events.

What Features Should the Best Forex VPS have?

There are some specifications such as CPU, RAM, and Disc Space that you need to choose according to the resource you need.

For example, if you run four EAs and MT4 platforms at the same time, you need more RAM than a person who only has one EA running. Some Forex VPS providers give you suggestions for this purpose.

For instance, you can consider 500 MB RAM for every Metatrader, so if you run 2 MT4 at the same time, you have to pick 1 GB RAM.

There’s another opinion that is more conservative and suggests 1 MT4 for 1 GB of RAM.

My experience shows that it depends on different elements such as the number of installed trading platforms, your own system components such as your computer’s CPU or RAM; and your internet speed.

The more resource your own system has, the less you need from a virtual system such as VPS.

When you don’t have enough resources, your platform freezes over and over and sometimes it takes too much time to open an MT4 as if you had a Pentium one processor in the 90s.

The best way to pick the right slice is to select a plan that VPS providers offer and upgrade different pieces if you have trouble with speed. For example, if the plan has 2 GB RAM and 1 core CPU and your VPS is too slow, first add 1 GB RAM and if the problem still exists or hasn’t solved completely add 1 core CPU and so on.

Besides, make sure to consult with the Forex VPS hosting company before purchasing their plans.

How to Pick the Best Forex VPS Hosting Provider?

Aside from the system components of your VPS, there are some general factors that you should pay heed to when picking a forex VPS provider.

Uptime

Uptime means the time that your VPS is connected and isn’t down. We talked about the damaging effect of disconnection early on. That’s why uptime is one of the important factors that we need to look at.

The best forex VPS is the one with 99.9% uptime guaranteed. Some VPS providers say that they have 99.9% or even 100%, which is kind of impossible in long term, but there’s no guarantee.

For picking the best forex VPS, I checked that and eliminated the ones that don’t have uptime guaranteed but make sure to check that again yourself when buying.

DDoS Protection

DDoS attacks or Distributed Denial-of-Service, are types of cyberattacks by which attackers try to overload your system and consume the resources of your system such as bandwidth.

Imagine you have a website that has enough resources to host 1000 visitors simultaneously. What if 10000 visitors rush into your site at the same time? Your website goes down and inaccessible for a while.

It can happen to a trader running EAs and can cause disconnection, something that you don’t want whatsoever and it’s the number one reason that you use VPS for your EAs to be connected all the time.

A few seconds or minutes may not be a big deal for some VPS users but if you run a 24/5 EA, it does matter especially if you have a large trading account.

Nowadays, most VPS providers include DDoS protection in their VPS plans, however, the size of that is different.

Some provide 1GB per second and others give you 20 or 40 GBps but actually you don’t need much.

You probably won’t need more than 1GBps because around 70% of DDoS attacts are 1GBps and 90% are less than 10GBps.

Customer Service

Reliable and professional customer service can solve probable problems in a blink of an eye and save you time, energy, and money.

I remember my first cheap VPS. The VPS provider neither has online chat nor phone service and I had to send an email and then wait for at least 1 hour to receive an answer.

Through my search for the best forex VPS, I contacted many VPS hosting providers and asked them several questions about different subjects to see how supportive and professional they are. The ratings you see in the table are based on hours of examination that I did on every one of those VPS providers’ customer service.

Money-back Policy

Having a refund policy isn’t necessarily one of the criteria of the best forex VPS hosting providers, however, it can help you decide more confidently not only about the VPS service but also about the system and plan or slice you need.

There are different money-back policies. Some give you a few days trial but others ask you to register first and refund later if you aren’t satisfied. Some VPS hosting companies are not in those two categories and give you a few days of trial for a small amount of money.

Apart from the type of refund policy, it’s a good opportunity to find the best forex VPS for you free of charge or at least with 2 or 3 bucks.

Location (Data Center)

Most forex brokers have data centers in London or New York so picking from the VPS hosting providers that have data centers in those two locations suffice, however, there are forex brokers that have data centers in different parts of the world.

You can ask your broker and find the answer easily. In most cases, you don’t need to choose the exact city, and having a data center in the same country or even content does the trick unless your trading strategy or EA is too sensitive and you or your EA open frequent positions in a row.

That way, the best forex VPS for you is the one that has data centers near your broker’s data center.

The Best Forex VPS providers Comparison

In the following table, you can find the best forex VPS Providers and pick the one that suits your needs best.

If you want to know about the information in different sections of the table, you may want to read above article.

The information in the first plan section is related to the cheapest plan of the VPS providers. If you need more resources, you want to check out see more plans.

VPS Provider


First Plan


Data Center

DDoS Protection

Uptime

Customer Service

Money Back

Payment Methods


BestFXVPS
Visit Website
RAM: 3 GB
CPU: 2 Core
Disk Space: 60 GB SSD
Bandwidth: Unlimited
Windows server:
2008, 2012

Price: $17.99/month

See More Plans
London, New York,
Montreal, Amsterdam,
Frankfurt, Paris
Sydney
YES99.99 GuaranteePhone, Ticket,
Skype, Facebook,
Online Chat, Email

Score: B+
24 hoursBitcoin, Perfect Money,
Webmoney, Payeer,
Fasapay,
credit cards,
Bank Transfer

FXVM
Visit Website
RAM:1.5 GB
CPU: 1 Core
Disk Space: 40 GB SSD
Bandwidth: 250 GB
Windows server:
2012, 2016, 2019

Price: $19

See More Plans
London, New York,
Singapore, Amsterdam,
Frankfurt, Zurich
Hong Kong, Tokyo
YES99.99 GuaranteeTicket, Email,
Online chat

Score: B+
3 days and
7 day trial
for $1.99
Paypal, Skrill,
Stripe, Bitcoin

Hostwinds
Visit Website
RAM: 1 GB
CPU: 1 Core
Disk Space: 30 GB SSD
Bandwidth: 1 TB
Windows server:
2008, 2012, 2016

Price: $7.99

See More Plans
Seattle, Dallas,
Amsterdam
Upon Request99.99 GuaranteePhone, Ticket,
Email,
Online chat

Score: A
30 days for
yearly plans

48 hours for
monthly plans
Master and Visa
Paypal, Airpay, Discover
Cryptocurrencies

Interserver
Visit Website
RAM: 2 GB
CPU: 1 Core
Disk Space: 30 GB SSD
Bandwidth: 2 TB
Windows server:
2016, 2019

Price: $10

See More Plans
New Jersey,
Los Angeles
YES

20 GBps
99.99 GuaranteePhone, Ticket,
Email,
Online chat

Score: B+
NOMaster and Visa
Paypal, Discover,
American Express

MyForexVPS
Visit Website
RAM: 1 GB
CPU: 1 Core
Disk Space: 25 GB SSD
Bandwidth: Unlimited
Windows server:
2008, 2012

Price: $12.99

See More Plans
London, New York,
Amsterdam,
YES

1 GBps
99.99 GuaranteeEmail, Online chat

Score: A
5 daysVisa and Master
Paypal, Skrill,
Webmoney

ReliableVPS
Visit Website
RAM: 4 GB
CPU: 1 Core
Disk Space: 80 GB SSD
Bandwidth: 2TB
Windows server:
2019

Price: $10

See More Plans
New YorkYES

10 MBps
99.99 GuaranteeEmail, Ticket,
Online chat

Score: A+
NOCredit cards,
Paypal

TradingFXVPS
Visit Website
RAM: 2GB
CPU: 1 Core
Disk Space: 30 GB SSD
Bandwidth: Unlimited
Windows server:
2012

Price: $25

See More Plans
London, New York,
Amsterdam,
Frankfurt
YES99.99 GuaranteePhone, Ticket,
Skype,
Online Chat, Email

Score: A
30 days
and 7 day trial
for $3.99
Master and Visa
Paypal, Discover,
American Express

ForexVPS
Visit Website
RAM: 2 GB
CPU: 1
Disk Space: 60GB SSD
Bandwidth: 10 TB
Windows server:
2012, 2016, 2019

Price: $29.99

See More Plans
London, New York,
Singapore, Amsterdam,
Frankfurt, Zurich
Manchester, Tokyo
YES99.99 GuaranteeTicket, Email,
Online chat

Score: B+
3 daysMaster and Visa
Paypal, Skrill,
American Express,
Bitcoin

AccuWebHosting
Visit Website
RAM: 1 GB
CPU: 2 Core
Disk Space: 40 GB
Bandwidth: 500 GB
Windows server:
2012, 2016

Price: $7.99

See More Plans
Denver, Virginia,
Ohio, Oregon,
Mumbai, Soul,
Singapore, Tokyo,
Sydney, Montreal,
Frankfurt, London,
Paris, JHB
YES

3GBps
99.99 GuaranteePhone, Ticket,
Email,
Online chat

Score: A
7 dayscredit cards,
Paypal

Disclaimer: All the information in this article was gathered from the VPS providers’ websites mentioned here as well as the discussion we had with them. Please use them at your own discretion. Offbeat forex is not liable for any probable damage, or any dispute between you and the VPS providers.

FAQ

How much does Forex VPS cost?

It depends on the specifications and slices such as RAM, CPU, and Disc space. The cheapest VPS from a reliable company is 6 or $7 per month.

How does Forex VPS work?

Forex VPS providers have servers near your broker’s servers so they eliminate the distance between your trading platform and your broker’s servers. As a result, your orders can be executed faster and since VPS has a stable connection, you see negligible disconnection see more

Why use Forex VPS?

1- Avoiding disconnection 2- Reducing latency 3- Improving the execution speed of trading platforms 4- Avoiding slippage 5- Trading from anywhere

Who can benefit from Forex VPS the most?

Scalpers, news traders, and traders who use trading robots such as EAs are the most frequent VPS users.

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