More and more people are starting to use a forex VPS for their currency trading. However, most services are not of a very high standard, and are unnecessarily expensive. We recently had the opportunity to review one of the newest entrants onto the market, Forex VPS Hosting. For the purposes of full disclosure, they sent us a free invitation to review their product, and gave us a one month free subscription to their Starter Plan.
Overall, we were very impressed by the whole experience. Logging in to the VPS was a breeze. We were emailed a login username and password, and given detailed instructions on how to access the VPS through the Remote Desktop Connection. We were using a PC with Windows 7, but if you have a MAC, or a linux machine, then you just need a Remote Desktop client, which are readily available for free download. Accessing the VPS was very straightforward, and once we had access, it was a very fast process to download the software from the broker. Forex VPS Hosting.net provide you with Firefox pre-installed, so it’s an easy process to go to your broker, and download their version of MT4 directly. It was also a very easy process to copy across files from my hard drive to the VPS.
To test out the full limits of the 512 MB of RAM provided with the Starter Plan, we installed 3 different versions of MT4, one live account, and 2 demo accounts with different brokers. I had 2 EAs running on 3 charts on the live account, and roughly the similar number on the 2 demo accounts. We were very impressed with the speed of taking trades, and the connectivity.
I would definitely recommend that traders give the folks over at Forex VPS Hosting a try out. Over the years I have tried out various so called ‘Forex specific’ hosting companies, and each time I left disappointed – either the RAM was not what was advertised, or the Forex VPS was extremely slow, or support was well below par. However, in this case, Forex VPS hosting ticked every box, and it will be interesting to see what the competition do now to up their game, and match Forex VPS Hosting.net on cost, specs, and support.
