If you’re a serious trader then you should give some serious consideration to running your MetaTrader 4 (MT4) platform on a Virtual Private Server (VPS). By running MT4 on a VPS, you are able to add an extra layer of security, reliability and most importantly the psychological aspect of gaining peace of mind in your trading.
This blog post will take a look at what a Forex VPS is and discuss some reasons that you should consider running one for your MT4 platform.
What is a Forex VPS?
A forex VPS is essentially a 3rd party computer running a hosted server. The forex trader interacts with the server by logging in via the cloud on their own stable desktop or mobile device.
The main benefit of running a forex VPS for your MT4 platform is that you don’t need to keep your own trading computer station at home running 24 hours a day. This allows you to save yourself the often unaccounted expense of expensive power, internet and maintenance bills needed to effectively run your trading hardware. Instead, these costs are absorbed by the VPS host, who due to economies of scale, can more efficiently absorb the costs.
Reasons to Run MetaTrader 4 (MT4) on a Forex VPS
Below is a small selection of reasons why serious forex traders often choose to run their MT4 platform on a dedicated forex VPS server rather than on their own hardware.
You can Trade Forex Anywhere
Running your MetaTrader 4 platform on a dedicated forex VPS allows you to trade wherever and whenever you want. You don’t have to be worried about being tied down to your desk.
Sure you are able to trade on your mobile or a laptop outside of your regular trading environment, but this poses a whole other set of logistical and technical problems that having a dedicated forex VPS server solves.
All you need to trade forex on your own MT4 platform, anywhere in the world, is an internet network connection that allows you to log into your VPS.
A forex VPS to run your MT4 platform allows you to continue trading, even if your power or internet goes out.
If your automated forex trading system performs well without any human monitoring, you can simply set and forget it to trade on your behalf without worrying about leaving your own computer on, or running up a crazy power bill.
By running a forex VPS, you are able to make money even while you sleep. The security of knowing your trading station and strategy is executing trades with absolute minimal downtime is something that can help set your mind at ease.
MT4 Platform Security
A Forex VPS gives peace of mind from a security standpoint. If you’re running your MT4 platform on a VPS, you can be assure that the servers are checked regularly to ensure that they are functional and running at the highest capacity they can ascertain. Many managed VPS servers guaruntee that they will provide 99%+ uptime to their clients.
You will also find that on the major VPS offerings, you will receive antivirus and other internet security tools to ensure that your system is safe from security vulnerabilities.
How to get Free Forex VPS Access
If you’re interested in setting up and running your MetaTrader 4 platform on a dedicated forex VPS server, then Vantage FX has an array of options for you. Simply complete the following steps/
1. Apply for a forex VPS provider. We’re happy for you to choose your own provider, or choose one of our partner companies on our Forex VPS page.
2. Activate your forex VPS account with your selected provider.
3. Trade a minimum of 10 standard FX lots round turn per month for a free service.
4. When you meet the above requirements we will refund the cost of the Forex VPS service direct to your live MT4 trading account. Simply send the receipt from your provider to email@example.com!
Source: Vantage FX Blog