Virtual Private Server (VPS) is the same as we have a physical server. But, there is no physical form, the server is installed on a computer that will serve several websites. The main difference is that it is much easier to get and run a VPS than a physical server. According to Market Traders, a Virtual Private Server (VPS)is a computer operating system runs in another location, enabling you to go about your normal use on your device
With VPS, users can install their operating system and operate it as an actual server. There will be a guaranteed amount of space along with RAM.
Depending on the package chosen by the owner, VPS will have different prices according to the services provided. Plus, VPS operates with its independent power supply.
5 Benefits of Using Virtual Private Server (VPS):
There are several benefits of using VPS for forex trading. For traders who plan to use VPS, here are the things you get by using VPS hosting for forex trading.
Trading anywhere
Forex trading requires a computer as a trading platform. However, most forex brokers do not accommodate mobile trading and this makes it difficult for traders to carry out forex transactions while traveling. However, with VPS, trading clients can be installed on the server and this allows users to use their smartphone to log in to a VPS account and be able to trade.
Trading Continued
One of the uniqueness of forex trading is that traders can leave their PC / laptop so they can continue to trade, but if the client has used a forex robot. Besides that, it can be a disaster if there is a power outage. With VPS, this is not a problem. This will continue to trade on its own even if the trader is not online (with a note, a forex robot is already installed in the trader’s account). VPS will turn on 24 hours nonstop.
Trade Convenience
By using VPS, a forex trader can still trade wherever they are and whatever the time. This is very convenient for part-time traders who do not have time during certain working hours. Plus, with an automated trading system, VPS can continue trading, even when a trader’s PC / Laptop is turned off.
Better Privacy and Security
VPS is much safer than a PC / laptop at home. VPS providers monitor their systems regularly so they always run as well as possible. Most VPS providers guarantee 99% uptime. Besides, antivirus software is accompanied by regular VPS tools to ensure that VPS is safe.
Fewer Slippages
Some forex traders limit themselves to manual trading so they will not use an automated system. By using VPS, they can still benefit because this VPS is faster than a normal computer. This will minimize the possibility of slippage, reducing the amount of money that can be lost.