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 2024:
You can find the 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.
You can also watch the video version for knowing the best forex VPS hosting providers if you are not in a reading mode.
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
- To have Metatrader platform on Mac
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 the 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.
Use MetaTrader on Apple Computer
As you probably know, the MetaTrader platform has been designed for Windows OS so if you’re a Mac user, you can’t install it on your computer, however, there are some solutions for that.
One of them is a piece of free software called Wine that allows Windows applications to run on Mac OS however it’s not completely stable. as a result, some of MT4 features might not work when using Wine. If you want to start trading and have a demo account, that’s ok but if you have a real account, you’d better go with better options.
The better options are either to buy a Windows PC or spend a few bucks per month and buy a Windows VPS. The latter has other benefits as mentioned earlier.
When you have a Windows VPS, you can connect to it via a Microsoft Remote Desktop app that you can download from Mac App Store. Of course, all the VPS providers will give you the instruction for that when you buy a VPS from them.
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.
By the way, the execution software of your broker is also important when it comes to the execution speed, so if you use EAs, make sure to check out the article that I’ve written about the best forex brokers for EAs.
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.
As mentioned in the latency section, Forex VPS can lower latency to 1 to 2 milliseconds so the best location is the ones with a ping of 1 or 2 ms — Most VPS providers on our list show the latency to different brokers on their website.
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 the 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.
The Ratings in the overall review section of the table are general ratings. Some metrics might be important to some users and consequentely affect the rating for them. For instance, one VPS provider might give you more resources at lower prices but your priority is low latency and the provider’s datacenter is not close enough to your broker’s datacenter.
VPS Provider | First Plan | Data Center | DDoS Protection | Uptime | Customer Service | Money Back | Payment Methods | Overall Review |
MyForexVPS Visit Website | RAM: 2 GB CPU: 1 Core Disk Space: 30 GB SSD Bandwidth: Unlimited Windows server: 2012, 2016 Price: $12.99 See More Plans | London, New York, Amsterdam, | YES 1 GBps | 99.99 Guarantee | Live chat, ticket support Score: A | 5 days | Visa and Master Paypal, Skrill, Webmoney American Express, Apple Pay | See Full Review |
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 Guarantee | Phone, Ticket, Email, Online chat Score: A | NO | Master and Visa Paypal, Discover, American Express, Wire transfer, check, Union Pay, Alipay, Webmoney, QIWI Wallet, Dotpay, UPI, Cryptocurrencies | See Full Review |
ForexVPS Visit Website | RAM: 2 GB CPU: 1 Disk Space: 60GB SSD Bandwidth: 10 TB Windows server: 2012, 2016, 2019 Price: $35 See More Plans | London, New York, Singapore, Amsterdam, Frankfurt, Zurich Manchester, Tokyo | YES | 99.99 Guarantee | Ticket, Email, Online chat Score: A | 14 days | Master and Visa Paypal, Skrill, American Express, Bitcoin | See Full Review |
TradingFXVPS Visit Website | RAM: 2GB CPU: 1 Core Disk Space: 30 GB NVMe Bandwidth: Unlimited Windows server: 2012 Price: $25 See More Plans | London, New York, Amsterdam, Frankfurt | YES | 99.99 Guarantee | Phone, Ticket, Skype, Online Chat, Email Score: A | 30 days and 7 day trial for $3.99 | Master and Visa Paypal, Discover, American Express | See Full Review |
AccuWebHosting Visit Website | RAM: 1 GB CPU: 2 Core Disk Space: 40 GB Bandwidth: 500 GB Windows server: 2012, 2016 Price: $6.99 See More Plans | Denver, Virginia, Ohio, Oregon, Mumbai, Soul, Singapore, Tokyo, Sydney, Montreal, Frankfurt, London, Paris, JHB | YES 3GBps | 99.99 Guarantee | Phone, Ticket, Email, Online chat Score: A | 7 days | credit cards, Paypal | See Full Review |
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 | YES | 99.99 Guarantee | Ticket, Email, Online chat Score: B+ | 3 days and 7 day trial for $1.99 | Paypal, Skrill, Stripe, Bitcoin | See Full Review |
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 Request | 99.99 Guarantee | Phone, Ticket, Email, Online chat Score: A | 30 days for yearly plans 48 hours for monthly plans | Master and Visa Paypal, Airpay, Discover Cryptocurrencies | Coming Soon |
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
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.
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
1- Avoiding disconnection 2- Reducing latency 3- Improving the execution speed of trading platforms 4- Avoiding slippage 5- Trading from anywhere
Scalpers, news traders, and traders who use trading robots such as EAs are the most frequent VPS users.
Hello David,
Thank for the enormous effort you put into this work, its really educative and insightful. Stay blessed as you keep up the good job.
Regards.
Frankson
Thanks Frankson. Happy to hear that you found it useful
Hi David,
Very thorough and thoughtful list of suggested FX VPS servers. Do you have any information about which of theses providers provide “auto-restart” of the MT4 terminals after a shut down or reboot?
Thank you!
Thanks JJ. Regarding your question, you can ask that via their online chat. I contacted all of them through live chat when I was reviewing them to see the quality of their support. They answer almost instantly.
Thank you for every effort you put in trying to educate beginners like us.
May you be rewarded bountifully David
Thanks, Frank
I was really happy to see the VPS service that I use on your list. Thanks for all your work David
happy to hear that you found it useful
Thank you David for sharing your experience..Really appreciated.
Kindly Can you suggest me best EA..Please. Thanks
thank you david for your post…Chinedu from Nigeria.