Which VPS is better for trading – built-in MetaTrader or an external provider?
If you use trading robots in your Forex trading, sooner or later you'll face the question of renting a VPS server.
It's quite inconvenient to keep your home computer on all the time, and there's no way to control the advisor's operation 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.
Currently, there are three possible options: a VPS built into the trading platform, a server provided by a broker, or renting from a hosting provider.
A VPS in Metatrader is the simplest option. To rent one, simply the Metatrader 4 or 5 trading platform:
After this, all that remains is to pay for the order and copy the necessary settings and scripts to the server.
The entire process takes just 10 minutes and requires no additional knowledge from the trader. However, the built-in server is not without its drawbacks: you don't see the EA's actual operation, only its results, and synchronization is required after changing settings.
Purchasing a server from a provider – the "Do it yourself" rule applies here. This means that after you pay and the server is installed, you'll need to install the trading platform on the server yourself and add an Expert Advisor.
This means that 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 the wide choice of server options. You can choose a VPS located closer to your broker's servers at very reasonable prices. You can also use trading terminals from various brokerage companies.
The average price of a VPS with the Windows operating system installed is $15-20 per month.
VPS from your broker – brokerage companies often offer 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 funded account and perform a certain volume of trading operations on it (3 lots per month).
Or pay rent, which is, for example, $5 per month RoboForex
You receive a pre-configured server with a trading platform installed on it, and all you have to do is install your chosen advisor or use the default robots for auto-trading.
In my opinion, the latter option is more optimal, since your VPS is hosted on the same server as the broker, which ensures maximum order execution speed. Saving a few dollars is always nice, too.
