Some automated Forex traders have started thinking or making plans to host their expert advisers on Virtual private server and there are some companies providing this service with different hosting plans. The point is, does it really worth hosting EA with meta trader platform on dedicated server? Recently I decided to do a research to see how Forex VPS hosting can be of benefit for me and other traders.These are my findings:
UNLIMITED MT4 PLATFORM - The amazing thing is that you are allowed to run as many as possible of meta trader trading platform of different brokers on this server. Though not all providers allow multiple MT4 but most of the service providers allow it.
EASY ACCESS TO VIRTUAL COMPUTER - Your virtual computer will have its window XP operating system which only you as a user will have access to. You will be given an address with login details to access your window XP professional operating system for you to be able to upload your automated trading software and meta trader platforms. This process can be completed within two minutes.
FAST INTERNET CONNECTION - Since the data will be transmitted through a technology called "fiber optics" your internet connection will be fast which will enable trading orders to be quick with less or no slippage. Another good thing I discovered is that you can access your virtual desktop or computer any where. Its matter of login in with your user details.
Trading Forex automatically nowadays is so easy and stress free. Looking at this new idea of EA-VPS hosting with the advantages the service offers, I don't see any reason why traders should still be giving excuse of slow internet connection or slippage problem.
Sunday, August 9, 2009
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