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.
