Best Forex VPS Provider 2024 [Top 15 VPS for Forex Trading]📈

Forex trading is one of those business ideas you hear about often and think, is it a scam or is it actually a money-making hustle? The answer to your question is, the Foreign Exchange market is one of the best places to invest your money and earn a notable profit — but only if you know how.

Just like any other profession, Forex trading requires a certain level of education. The catch is that trading education on its own will not make you money. The Forex market is a live and ever-evolving environment and earning profits in it depends on several external factors.

Location, latency, slippage, 24/7 availability, and trading bots are some of the elements that can make or break your trading business. Now, there’s a solution to eliminating all the issues these elements tend to cause — A VPS for Forex trading.

In this blog post, I will tell you all about what a VPS for Forex is, how it helps improve trading, and where to get the best Forex VPS in the market.

What is a Forex VPS?

A VPS, short for Virtual Private Server, is a virtual desktop. Think about it this way, A huge and powerful server is divided into multiple smaller virtual servers using virtualization technology. Each VPS uses a certain amount of the host server’s resources — Like CPU, RAM, and storage. This way, multiple users can own a virtual computing system without location limits.

Basically, it means that you can be at home on your laptop and log into your virtual desktop on a whole other continent. This virtual server is private to you and works with the hardware resources you choose, so it does not take up any of your physical computer’s resources. If you need a computer with better specs and network connection, you don’t have to go all the way and spend money on expensive PC systems and internet providers. You can just get a VPS.

A Forex VPS is a virtual server that is optimized for Forex trading. How? These servers are primarily located in the Forex market hotspots. They work with the specs needed for running trading platforms like MT4, MT5, and cTrader, and eliminate issues like latency.

Now, how exactly is it beneficial to use a VPS for Forex trading?

Best Forex VPS Providers — 2024 Edition

Cloudzy provides a 1 Gbps network connection with minimum latency and high bandwidth. You can say goodbye to delays and slippage. Your Forex VPS has a 99.95% uptime value, guaranteeing one of the lowest downtime rates in the market.

Cloudzy’s VPS for Forex trading is truly optimized for trading. You get to choose between different Windows Server options and get your Forex VPS with a pre-installed MT5. Your Forex VPS is also optimized for installing MT4 if you prefer it over MT5.

Cloudzy offers the best Forex VPS because, considering all that I just mentioned, the service is surprisingly affordable. As a Forex trader, you value money. Cloudzy offers affordable plans with the PAYG billing method so Forex traders can use top-notch services without breaking the bank. You can always scale your plan up with Cloudzy. If you wish to add more terminals, all you have to do is contact Cloudzy’s support agents!

Why Are Traders Using a VPS for Forex?

Forex trading is an online business, so succeeding in it depends on the technology you are using. Let’s take a look at how using a VPS for Forex instead of your home computer can benefit Forex trading:

You might be persuaded by the price when you are deciding on which Forex VPS is best for you. Of course, the cost is essential in making sure you can afford the subscription. With that said, when selecting the best Forex VPS for you, you should also check several other factors.

There are several requirements your VPS should meet according to the resources you need, such as CPU, RAM, and Disk Space. For instance, if you are running four EAs (Expert Advisors) and MT4 platforms at the same time, you need more RAM than someone who only has one EA running.

Choosing the best Forex VPS depends on various factors, such as the number of trading platforms installed, CPU, RAM, storage, and your connection speed.

There are some general considerations you should pay attention to when choosing a provider, aside from the components of your VPS:

How to Find the Optimal VPS Location from Your Forex Broker’s Location

When buying a Forex VPS, a crucial factor to consider is location. As I mentioned before, your Forex VPS must be as close to your broker as possible. So, in order to find the ideal VPS location, you must first allocate your broker’s server location. Brokers usually tell you where they are located on their websites. If not, you can ask their support agents to guide you.

You can also find out a broker’s server IP via MetaTrader 4 if you already have one. Just open your MT4’s config folder and you will find an SRV file. Open the file using the Notepad and there you can find the server’s IP address.

Windows vs. Linux — Which One is Better for VPS?

Most trading platforms and software work natively on Windows, making them easier to set up, manage, and work with. That’s why you’ll notice that most Forex VPS providers offer Windows Server editions. Although Linux is generally a faster and more stable OS for servers (including VPS), there goes extra work into putting up your trading setup on a Linux machine and writing code and commands that work well. Windows is the recommended OS for Forex traders.

For example, Cloudzy offers a variety of Windows versions and Linux distros on all servers. But what Cloudzy recommends for Forex VPS are Windows Server 2008 and 2012. These operating systems come pre-installed on VPS for traders plus pre-installed MetaTrader 4 and 5 on our Forex VPS.

Best Forex Brokers of 2024

One of the most important indicators to help choose the best Forex VPS is finding your Forex broker. Brokers are firms active in the financial market who will help you trade in the Forex market. Some brokers offer their own trading platforms, but most of them work with MT4 and MT5. They are mainly located in New York, London, and Singapore. To make matters easier, I collected a list of the top 5 best Forex brokers:

Conclusion

Forex market is one of the largest markets in the world and a lot of professional traders from all over the world are making profits. To join the expert forex traders club you need to know a few things as we have discussed. Things like what is Forex Trading, how can Forex VPS help you, and what are the best Forex brokers. After knowing all this you will have a pretty good basic knowledge of Forex Trading.