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VPS for Forex Trading

August 25, 2024 by Michael 1 Comment

How to Install and Configure a VPS Server for Forex Trading

Hello, fellow Forex traders! Finally article on installing and configuring of VPS server is ready. So, today you will learn:

  • Why you need VPS server for
  • Where it is better to rent it
  • How to connect to it

What is VPS server?

If you do not go into the technical details and features, the VPS server is a computer with the installed Windows Server operating system. Only this computer is without a monitor and is somewhere far away, often in another country.

Using your computer, via the Internet, you connect to the server, install software, Forex Robots (EA), hang indicators to the charts and disconnect from the VPS. And all Forex EA and programs you installed on the server continue its work. Regardless of whether your home PC is on or not.

 

Why do I need VPS? I have a home PC …

Generally, if you are going to work seriously with the Forex robots (EA), you cannot do without VPS. There are some reasons of it:

  1. It is just awkward to have a lot of running terminals on your home PC.
  2. You are insured against blackouts.
  3. You will no longer have to worry about the loss or interruption of internet connection.
  4. You can safely use your regular computer without fear of reboots and undue stress on the hardware.
  5. If the computer is used not only by you but also by your children / parents /aunt / uncle, etc., they will not interfere with the work of Forex robots on VPS server.

 

Where should you order VPS server?

There are many providers that provide VPS in rent. I personally use the server from win-vps.com. There is nothing complicated in the process of ordering: you just select the desired configuration at the official website, fill out the form with your personal data, pay order and soon receive email instructions on how to connect to your server.

There are even 18 kind of plans. The cheapest plan (Wood VPS) costs 4 USD per month, the most expensive (Palladium VPS) - 120 USD. I should say, that cheapest plan is fully sufficient for using 2-3 MT4 terminal at once. Also customer can cancel his order within 14 days of service signup and 50% of prepaid amount will be refunded.

How can you connect to the server?

The connection process is quite easy:

  1. In the “Start” menu of your computer find the directory “All programs”, folder “Standard” in the directory and there stronghold “Remote Desktop Connection“

forex vps remote desktop connection

  1. Enter Ip address of your server (you will receive it in the letter from your VPS provider) in the window and click Connect.

forex vps connection

  1. Window of the server will be loaded and you will be asked to enter your user name and password to access VPS.

4. Well, and after entering the password, you will be taken to the VPS directly.

forex vps main view vps

5. In fact, you see the same Windows. All actions, such as installing of programs, copying of files, etc. are the same as in your home PC.

6. How to disconnect from the server so that a running program could continue its work? It is very simple: press the button of disconnection from VPS —cross “X”. A window will appear with a warning:

7. After clicking OK, you will disconnect from the VPS, but all running Metatrader 4 terminals, Forex robots and any programs will continue its work.

Take care, Michael

ForexTraderPortal.com

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Posted in: For Traders Tagged: forex, robots ea, vps
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