What is a Virtual Private Server
UK traders are choosing to install VPSs (Virtual Private Servers) on their desktops and PCs in this 2020. Why? There are several reasons for this, including greater control over their personal computers, and avoiding computer glitches such as technical difficulties, unexpected shutdowns, and Internet disconnects.
Virtual Private Servers make it possible to continue using your PC, even when power outages, or Internet failures occur. As such, they have grown in popularity, particularly with Forex trading. While you are trading currencies online, a Virtual Private Server offers multiple advantages, such as uninterrupted trading sessions, safe and secure banking, and real-time updates.
Forex VPS and Expert Advisors
EAs (Expert Advisors) and Forex VPSs (Virtual Private Servers) require continuous Internet connectivity. Latency avoidance is imperative, and trading platform uptime is equally important. Currency traders need uninterrupted Internet access since every second has the potential to affect your trading outcomes. A high-quality Virtual Private Server works in conjunction with Expert Advisors to provide the best possible framework for Forex trading.
If you’re looking to run your Expert Advisors 24/7, a Forex VPS hosting option is recommended. This makes it possible for you to avoid all the problems associated with managing these activities on a home computer. Traders can simply control the number of Expert Advisors they upload, for real time, continuous control over trading activity. Thanks to AvaTrade broker UK, this is all possible. Virtual Private Servers provide additional capacity for Forex trading, and they are now a top solution for optimising FX trading activity.
Maximum uptime is essential for Forex traders, and thanks to VPSs at AvaTrade, you can enjoy the following features:
- Pre-installation of Metatrader 5 OR MT4 software
- Optimal uptime and EAs on a 24/7 server
- Safe and secure uploads of Expert Advisors
- Easily accessible from all browsers (Chrome, Firefox, Safari, Bing, Explorer etc.)
installation Procedure for Virtual Private Servers
Watch this video to understand how to use a Virtual Private Server for the purposes of trading Forex. After the necessary research is conducted, a server is selected. This video describes how to rent the chosen VPS:
The VPS must be correctly installed on your personal computer. Once you have done this, you can place resources and trading tools, signals, and EAs on your private server. This is known as migrating robots and signals. The following video explains how this is done:
As soon as you have completed the migration process, you can start trading Forex. Don’t let your guard down at this point – be sure to stay abreast of all activity taking place on the VPS, including the Expert Advisors, trading activity, and tools. Watch this video for more details:
What Is the Best Way to Maintain Functionality of Your VPS?
Fortunately, there is little you need to do to maintain optimal performance from a high-quality Virtual Private Server. As a rule, we encourage you to ensure that the trading programs are running as expected, and that you are receiving timely updates of Forex trading signals, trading activity, and the like. Any technical glitches that arise should be addressed immediately. It is advisable to contact the server’s owners from time to time to discuss any concerns you may have, or to conduct routine maintenance.
Many experts will tell you that Virtual Private Server trading is preferred over regular trading. However here at AvaTrade UK, you can rest assured that all trading activity is guaranteed secure. We encourage you to use whatever resources you feel comfortable with, as the two are not mutually exclusive. AvaTrade is your partner in Forex trading, and we encourage secure online trading at all times.
Frequently Asked Questions (FAQs) about MetaTrader 4 VPS
I’m new to forex trading, what is a forex VPS in simple terms?
As a forex trader, you want to be connected to the Internet 24/7. If you lose connectivity, especially in South Africa with Telkom’s connection problems, you could lose money. A forex trading VPS allows you to stay permanently connected to the Internet. This shores up your safety and enhances the stability of your connection. There are many problems when sharing a server. These include connection failures, reduced speeds, viruses, and power cuts. During volatile trading sessions in the forex markets, you cannot afford to experience these problems. Small outages can have outsized impacts on the profitability of your trades.
What steps should I take to connect my VPS to MetaTrader 4 or MetaTrader 5?
The first thing to do is connect your computer to your VPS. Go to the local drive on your computer and select program files. Next, copy the MetaTrader 4 drive. Now, navigate to your VPS computer’s C drive, program files, and paste the MetaTrader 4 drive into that location. Enter the MetaTrader 4 drive, and then copy Terminal. Navigate to your desktop, and then paste Terminal. The final step requires you to click on Terminal and then you’ll be able to access your MetaTrader 4 platform. You can also watch the ‘How to Install a VPS’ video for forex trading.
What is the best forex VPS for me to use?
AvaTrade South Africa is not in the business of prescribing the best forex VPS for you to use, but we can give you a few pointers. Since everyone has different preferences, here are some of the features that you should expect from your chosen VPS provider. Rapid executions of trades (approximately 1 ms), servers guaranteeing 100% uptime, 24/7 technical support, full support of Expert Advisors (EAs), lightning-quick SSD, rapid setup. The plans and pricing options depend upon the features and functions of your chosen VPS provider. Look for things like VPS Ram, VPS CPU, and VPS disc space.