Which VPS is better for trading – built into metatrader or an external provider?
If you use trading robots in your Forex trading, then sooner or later you will be faced with the question of renting a VPS server.
It is quite inconvenient to keep your home computer on all the time, and there is no way to control the work of the adviser remotely.
Therefore, the advantages of a VPS server when trading using trading robots are simply obvious; all that remains is to choose the most suitable option.
At the moment, there are three possible options - a VPS built into the trading platform, a server provided by a broker, or rented from a hosting provider.
VPS in metatrader is the simplest option; to rent, simply click on the button in the top panel “Register a virtual server” the metatrader trading platform version 4
After this, all that remains is to pay for the order and copy the necessary settings and scripts to the server.
The whole process takes only 10 minutes and does not require additional knowledge from the trader. But at the same time, the built-in server is not without its drawbacks; you do not see the work of the advisor itself, but only get the result of its actions; after changing the settings, you need to synchronize.
Purchasing a server from a provider - the “Do it yourself” rule applies here, that is, after you pay and the server is installed, you will need to independently install the trading platform on the server and add an advisor to it.
That is, to purchase a VPS from a provider, you already need to have a set of basic knowledge and carry out all the manipulations yourself.
The main advantage of renting from a provider is a wide selection of server options; you can choose a VPS located closer to your broker’s servers and at very reasonable prices. You can also use trading terminals from different brokerage companies.
The average price of a VPS with the Windows operating system installed is $15-20 per month.
VPS with your broker - often brokerage companies provide the opportunity to get a server, including a free one:
Brokers - free VPS for Forex https://time-forex.com/vopros/besplatnyy-vps-forex To receive the service for free, you must have a replenished account and perform a certain volume of trading operations on it (3 lots per month).
Or pay the rent, which, for example, for the RoboForex is $5 per month.
In this case, you receive an already configured server with a trading platform installed on it, and all you have to do is install the selected advisor into it or use the automatic trading robots already installed by default.
In my opinion, it is the latter option that is more optimal, since your VPS is located on the same hosting with the broker, and this ensures maximum order execution speed; well, saving a couple of dollars is also always nice.