Is VPS required for my EA?

Virtual Private Server (VPS) is a virtual computer that is offered as an online service.  VPS has its operating system running. As a customer, you will obtain super-user access that will permit you to install trading software (like MetaTrader) on that virtual machine. It will guarantee that your trading software is running without delays. For a forex trader, VPS is a useful tool, especially if you trade using forex robots or if you have signal providing service.

Regarding the nature of your Expert Advisor, the speed of execution can be of crucial importance. Scalping robots and News based robots are the ones whose trading results are positively influenced by the speed of execution. Generally, all Expert Advisors that hold the trade for a short time, operate in very volatile market conditions, or execute many trades simultaneously would significantly increase the performance with a faster connection. Expert Advisor running on VPS will always complete the transaction faster than the one running on a personal computer. The execution speed can be improved further if you use the VPS service provider whose servers are at the same place as your broker's servers.
The service provider's technical support continuously watches the VPS server, so your EA will be safe from intruders, viruses, malware, and other threats. They will install all the necessary operating system and other utility software updates. Moreover, technical support can help you if you have problems installing and configuring your trading software or Expert Advisor.

If you are in a location where you do not have a stable internet connection, VPS is a must-have accessory, especially if you trade using automated trading systems. It also defends you against power outages and ensures that your trading software runs smoothly without delays. It will happen that you will need to restart your machine due to software upgrades, and it may be inappropriate to do so if you have an active trade running. Also, you can execute the transaction while your computer is switched off. So, your VPS will guarantee that your trading platform is always online.
You can reach VPS from multiple devices like mobile phones or tablets, so you can watch your EA operating anytime while you are away from your home computer or laptop. If necessary, you can also allow multiple different users (with additional privileges) to access your VPS. So, it gives you more flexibility.

VPS service price can vary; it is charged on a monthly subscription basis, and depending on the characteristics of the servers, the price ranges from $10 per month to $100 per month. Many providers will offer a free trial period. Some brokers will give you free VPS service if you match specific deposit requirements.

When you decide which VPS service is the right one for you, many characteristics have to be considered. You have to verify what operating system is running on the virtual machine to see if it is possible to install the trading software you intend to use. Also, check if the VPS provider allows you to install all the software you intend to install. The service provider must guarantee that the server will be uptime more than 99.99% of the time.

You have to check the hardware specifications for running your trading software; this is very important if you plan to run more instances of your trading software on VPS. Check how much RAM is offered and whether it will guarantee that all your trading software will run smoothly. Moreover, the required level of operation stability is secured with Hyper-V technology for users that run forex VPS on Windows servers. At the same time, OpenVZ will give the same strength on Linux servers.

Server location is another essential factor that you should consider; it should be the same location as your broker's server location. Check if there are any limits regarding speed and traffic. Finally, check the price, take the cheapest that has all your required features.

Thus, VPS is a must-have tool if you trade using Expert Advisors or have subscribed to signal service. It will increase the performance; your trading software will be protected and easily accessible. Also, you will be sure that it will run all the time and it will improve your trading results.