For those of you who are beginner traders in the forex world, know that there are many opportunities to get quite large profits or benefits. However, you may not necessarily have the opportunity to take advantage of all the gaps that arise. This most often happens to traders who live in Indonesia. The busiest and most profitable markets occur during American-European working hours which coincide with the sleeping hours of the people of the country. In fact, there are many cases of traders who are busy trading, but fail to open positions because the internet connection is slow or suddenly disconnected.
Rather than failing to achieve profit targets, many forex traders prefer to use forex trading robots or Expert Advisors (EA). Thanks to this robot, traders can profit from every opportunity that exists, whenever and wherever the opportunity arises. There are various types of EA, both paid and free, these robots still require a good internet connection and electricity to run smoothly 24 hours a day. That is why Virtual Private Server (VPS) services are widely sought after by traders.
Do you know about VPS? Then do many traders use it? And how to use it to help manage forex accounts in VPS safely and comfortably? In this article, you will learn what VPS Forex is and what advantages traders can take.
Understanding VPS
VPS or Virtual Private Server is a server that is fully operational somewhere on the internet. It can be said that VPS forex is a virtual server that is rented by VPS hosting service providers with the aim of providing access from remote tenants to their servers.
The use of VPS itself is more or less the same as a physical server, but can be accessed remotely anywhere and anytime. Between VPS forex and the physical server can be likened to between Cloud Storage and an external hard disk, because one can be accessed virtually using a username and password, and the other can be physically connected and used directly.
VPS forex guarantees that trading activities can run smoothly without any obstacles, even if the trader’s PC or laptop suddenly dies or the internet connection is suddenly disconnected. That way, VPS forex can effectively solve the main weaknesses of ED and also most traders in Indonesia.
Advantages of VPS
There are several advantages that VPS has compared to personal PCs. The advantages include:
1. Security
VPS claims that every account that joins will get a password that is used to log in to the server. Everyone has a different password, it can be changed by the user and the VPS will also keep the password confidential.
2. Performance
You can choose a VPS according to your needs. The faster the performance, the more expensive the VPS will be. This is because the speed on each server is different so traders have to find the right one to manage their trading. For example, if you use a good VPS, then you also seem to have a very capable personal computer, even though you are currently using a low-spec PC.
3. Maintenance
This is the most prominent advantage of VPS. Even if the VPS is damaged, you still won’t interfere with the damage. This will be very beneficial for you because damage to server components will be borne by the VPS itself. It’s very different if you use a personal computer, the losses will definitely be borne by the trader.
4. Active
Another advantage of VPS is that this server will be active 24 hours a day and 7 days a week. This condition will be different from your computer which can overheat if turned on continuously. Therefore, VPS will guarantee that all data and installations that you run will be active continuously without stopping.
How to Choose a Good Forex VPS
Nowadays, there are so many types of VPS offered to traders. However, because there are so many, traders end up confused about which VPS to use. Therefore, consider the following factors before renting a VPS later. Without any calculations, you could end up wasting money and regretting it later. Here’s how to choose a good Forex VPS:
1. Server
In terms of the server itself, there are many offered such as Singapore, Hong Kong, America, Europe, and even Indonesia servers. So what should you choose? Moreover, in using VPS, the server is the most important.
Currently, the most stable server with a data center comes from England. This is supported by the very strict UK data center regulations so that its policies and rules can be relied on. Unfortunately, in terms of price, VPS from England is the most expensive server in the world. The next option, you can choose from Europe or America.
2. Budget
Regarding the costs, it is fully up to each trader. Want to choose a VPS that suits your taste and needs, it must also be matched to your pocket. If you just want to try it out, you can look for a cheap and cheerful VPS and a server close to Indonesia, but if you want it to be a future investment, then you must prepare a larger cost with a guarantee of supporting features and security.
3. Hardware
Server components are seen from the performance of the hardware. The better the hardware, the faster the performance of the VPS server. Therefore, adjust it to your needs. If you only use 1 metatrader and there are no other activities such as browsing, playing heavy games, then look for a server with minimum hardware. That way, the price can be minimized.
4. Broker
Choosing a VPS must also be adjusted to the location of the broker’s server. Generally, brokers have servers in several countries. If you are using a server in Europe, try to find a VPS that is as close as possible to the broker’s server. The closer to the broker’s server, the faster the EA robot process on the VPS.
5. Service
Currently, there are indeed many sites that offer VPS. You can just order and make a payment, then the VPS can be used immediately. But it should be noted that regarding customer service. If there are obstacles, support must respond quickly to clients. If you find a site that does not provide good service, then don’t continue.
Conclusion
As a trader, using a VPS is indeed very easy, but what if you choose the wrong server? It will certainly be troublesome for forex traders. By knowing the state of the server, how much you allocate and seeing the quality of the components offered will greatly affect EA transactions. Therefore, it is better to adjust your needs with the budget you have in determining which VPS is more profitable for you.
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