Once you start to get serious about using Expert Advisors as a part of your trading strategy you will probably want to consider making use of a Forex VPS.
A Forex VPS (Virtual Private Server) acts as a virtual computer and runs on the providers hosted server. This dedicated environment allows you to run your MetaTrader Expert Advisors with uninterrupted service for twenty four hours a day.
There is no more worrying about leaving your personal computer switched on, hardware crashes or even a dropped Internet connection stopping your systems from trading.
All of recommended Forex VPS hosting providers offer a guarantee of at least 99.5% uptime. Server updates or upgrades are generally scheduled out of market hours.
This is vitally important as missing trades when running these strategies can often prove to be the difference between making a profit or a loss at the end of the month.
How a Forex VPS Works
The diagram below gives a simple overview of how a Forex VPS Hosting solution works.
When you open an account with a Forex VPS Provider you are given a login and password which you use to access your virtual server via your usual web browser. Once you have logged in you will have access to the server desktop environment. Here you can bring up Metatrader and install or adjust your Forex robot settings as you would normally do on your PC.
Once finished you then simply log out of your account and close down your web browser leaving your robots to run uninterrupted on the server.
Key Benefits of Using Forex VPS Hosting
- They provide a solid and reliable platform on which you can run your Automated Forex trading software
- Your software can be left to run uninterrupted, twenty four/ seven
- Hosted servers are constantly monitored to ensure ‘uptime’; this ensures continuity of operation
- You can run multiple instances of MetaTrader on your account allowing you to run as many Expert Advisors as you want
- You can access your Forex VPS easily from anywhere that you can gain access to the Internet
- MetaTrader hosting gives you control, security and flexibility for you trading
In using Forex VPS Hosting you are providing yourself with both a secure and reliable environment to run your automated trading software.
While hosted servers are nothing new, using a Forex VPS hosting provider will mean that your hosted environment will already be setup and optimised for Forex trading.
You will normally find the MetaTrader platform installed for you, so all you need to do is enter your broker’s login details to be up and running.
A further benefit of using a dedicated Forex VPS provider is that they will be more familiar with and therefore better able to resolve any problems you may encounter.
Top of VPS Hosting for MetaTrader
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