This article will explain you
what a Forex VPS is. It provides you with solutions and ideas for keeping your
trades running while you are at work or if you can't use your computer to
manage your trades.
Note: You will be able to run
Metatrader 4 (MT4) and any program that runs on Windows through the VPS, using
your Apple System.
The Potential Trading Problems
You might already be familiar
with the following situation: suddenly, your internet doesn't work, and your
Metatrader disconnects from your Forex broker. In this case, your positions
will stay open without your 'take profit' or "breakeven" orders would
no longer exist. As a consequence, you could potentially suffer from a
Unlike orders in the market,
such as take profit or stop-loss orders, an expert advisor is not a fixed
order. It needs to be triggered by your price, moving into profit. However,
when you set normal take profit or stop-loss orders at the start of a trade,
you place them into the market. The broker can see it. It does not matter
whether you turn your computer off or interrupt your internet connection. The
order is placed and ready to be triggered.
As mentioned above, the
biggest issue is that when trading using an expert advisor (EA) that runs on
auto, you are often required to have your MT4 charts running to adjust orders
to break even or lock in profit. Many factors influence running MT4 charts from
a laptop or a computer, and a few of the significant issues that could become a
problem, should they not work correctly, are:
and tear on computer/laptop – explained below in the solution
Trading with an expert advisor
is not just as simple as turning on your computer or laptop and running the
If you are running a desktop
computer, then power is vitally important. Any power cuts will be a significant
Laptops can be prone to
overheating with long work-loads. If your computer is not very powerful, and
you would like to run the expert advisor on it, this is something to think about.
The other tricky part to
consider would be the internet connection, which you have no control over at
Since 2015, the internet has
been getting better and better all the time. However, networks often have
15 to 30 minute downtime periods for various reasons, such as technical issues
or system upgrades.
Electricity is something that
is truly out of your hands, and while outages are rare, they can and do happen.
All it takes is a storm or a power line going down, and your house could be out
of electricity, which would result in your expert advisor not functioning for a
Of course, this is acceptable
if you know about it and are there to deal with it.
What are the potential
There are two solutions to
You can decide on either
solution that you feel fits you best with your trading.
1. Using Your Computer
The first solution is to run
your computer 24 hours a day, five days per week, keep the expert advisor
working, and ensure that your trades are executed.
This way, you are keeping your
MT4 charts live, and your EA will be able to adjust the orders when triggered
(move to breakeven or lock in some profit). This is far from an ideal solution,
As we just described above,
the risk of running MT4 charts on a computer or laptop 24/7 is that your device
would get damaged over time.
These are all the issues you
will have to consider when using this method.
2. A Virtual
We are currently using a
Virtual Private Server (VPS).
As we will explain in more
depth below, the VPS is doing my computer's job for us. You don't have to worry
about having my laptop on. You can access your EA from any computer or
smartphone anywhere in the world at any time.
Instead of running your
computer or laptop all night, you choose to use someone else's computer
hardware. He has a system that is built precisely for the job. He has backup
systems in place so that if anything does go wrong, there are other servers to
keep my EA up and live in the market.
While your trading laptop is
powerful and more than enough for trading, it just does not have enough backup
systems in place should anything go wrong. The truth is, it just wasn't built
to run 24 hours per day, five days a week.
So, the most crucial question
What is a Virtual Private
Server or VPS?
Whether or not you're using a Forex robot or EA, you'll
need a computer if you want to trade currencies. Using your home PC might seem
like an obvious choice, and indeed, many people trade through their personal
machines. Some traders,
however, prefer to use a Forex VPS.
A Forex VPS is a virtual private server with its
own operating system, guaranteed hardware
resources, and a
dedicated IP. The
difference is that Forex traders use the virtual server to place orders on the
an electronic trading platform of their choice and either manage their
portfolios manually or set up robots/EAs to follow their automated trading
strategies. Some of you are probably wondering why.
The Advantages of a Forex VPS When Trading
Virtual servers have proven to be the
perfect platform for hosting Forex trading applications, robots, and EAs.
Traders wouldn't invest in a VPS for the fun of it. A VPS can give you several
advantages, which we will explore in more detail.
Lower latency and slippage
The hardware that powers your virtual server is
located in a data center – a state-of-the-art facility with a
lightning-fast internet connection and built-in redundancy. As a result,
your orders are delivered to the broker much more quickly. A VPS can reduce
both latency and the subsequent losses due to slippage.
Forex market works 24 hours a day, five days a week. If you host your Forex
robots on your home computer and you turn it off for the night, you could miss
out on some great trading opportunities.
By contrast, a
VPS runs 24/7. A team
of system administrators is responsible for keeping downtime to a minimum,
meaning your Forex robot can work around the clock executing the most
profitable possible trades.
No downtime and connectivity issues
In addition to a blistering internet connection, data
centers also use enterprise-grade components for both the servers and the network. You get
high-quality, reliable hardware maintained to the highest possible standards by
a team of experienced system administrators. Connectivity
and hardware issues are extremely unlikely, and you can be sure that if they do
occur, there is someone to address them in a matter of minutes.
Constant access to your trades
Although the automated trading applications don't run
on your computer or mobile device, you can manage them whenever you want,
wherever you are. All you need is an internet connection. You get 24/7
remote access to your server, meaning you can monitor your Forex robots and
even make changes to your trading strategy on the move.