Cheap Forex VPS is a Windows VPS designer to benefit traders who are looking to run EA’s.
Who are Cheap Forex VPS?
Cheap Forex VPS is a company that provides traders with VPS services at some of the most competitive prices in the industry. The company has data centers connected to several of the best US and EU internet backbones.
The company’s official name is Cheap Forex VPS Group. Their offices are located at the following address: Suite 4152, Mitchell House, 5 Mitchell St, Leith, Edinburgh EH6 7BD, United Kingdom.
Cheap Forex VPS features
Cheap Forex VPS has numerous tools and features that significantly benefit serious forex traders. Let’s go through some of the main features:
1. 99.99% Up-time
Cheap Forex VPS offers traders 99.99% up-time, which is essential since you know that you won’t encounter unreliable internet connections. This feature is critical for high-frequency traders with a larger volume of positions who cannot afford any downtime during their trading.
2. Hyper virtualization platform
Cheap Forex VPS uses a Hyper virtualization platform to make sure their users are provided with a platform that has the highest quality features, which ensures them with stability and consistency.
3. Competitive prices
Cheap Forex VPS claims to offer the most competitive prices in the industry compared to other VPS services. They offer prices that can beat the money you’re paying for your own server if you consider the internet, electricity bills, and hardware.
4. Compatibility with most brokers
Cheap Forex VPS is fully compatible with most brokers. Their platform also supports MetaTrader and all EA’s.
5. Connection to best US & EU servers
Cheap Forex VPS is connected to the best US & EU servers, providing traders with the backbone they need to trade with high reliability and stability. When using their service, you are ensured not to face any latency problems. For traders, low latency is a crucial requirement to achieve fast market execution orders without a possibility to encounter lagging or delays.
6. 24/7 Support
Cheap Forex VPS provides 24/7 support to their community, which is a significant positive feature for forex traders. They can help you set your programs up and help if anything goes wrong in the process. This is a significant bonus since errors in your trading systems can cost your account balances drastically.
What are the Cheap Forex VPS plans & pricing?
Cheap Forex VPS offers four plans:
- Lite VPS for a monthly price of $3.73
- Basic VPS for a monthly price of $6.19
- Deluxe VPS for a monthly price of $11.99
- Ultra VPS for a monthly price of $20.99
Lite VPS includes SSD Drive 12 GB, CPU 384 Mhz – 2000 Mhz, RAM 512 MB – 1024 MB, pre-installed OS Windows 64bit and MetaTrader, Europe datacenter, premium support, works with any broker/EA, and 24/7 remote control.
Basic VPS includes SSD Drive 15 GB, CPU 768 Mhz – 3400 Mhz, RAM 750 MB – 1500 MB, pre-installed OS Windows 64bit and MetaTrader, Europe & USA datacenter, premium support, works with any broker/EA, and 24/7 remote control.
Deluxe VPS includes SSD Drive 20 GB, CPU 1536 Mhz – 6000 Mhz, RAM 1024 MB – 2048 MB, pre-installed OS Windows 64bit and MetaTrader, Europe & USA datacenter, premium support, works with any broker/EA, and 24/7 remote control.
Ultra VPS includes SSD Drive 40 GB, CPU 3000 Mhz – 6000 Mhz, RAM 2048 MB – 4096 MB, pre-installed OS Windows 64bit and MetaTrader, Europe & USA datacenter, premium support, works with any broker/EA, and 24/7 remote control.
For the mentioned VPS plans that Cheap Forex VPS offers, you can choose one of the following payment methods: Master Card, Visa, Fast Bank Transfer, PayPal, Neteller, WebMoney, and Paysafe Card.
Why should you use a VPS for forex trading?
You can have various reasons behind why using a VPS for forex trading can be an excellent idea. Some of the possible uses for the VPS are the following:
1. Forex robots (EA’s)
Anyone who is an EA trader knows that low latency and an excellent connection to the market are two essential factors. Considering that and the fact that your computer and the chart have to run 24/7 in order to execute positions, VPS can benefit you drastically in the long term. Since leaving your computer running for 24 hours a day and ensuring it has a constant connection to the markets can be challenging, setting up a VPS and running the EA on it is much easier. You can do so and only log in when modifications of some sort are needed.
2. Trader Copiers
Using trade copiers is extremely useful for traders. However, you should learn about the tool and how you can use it. Copy traders allow traders to copy trades from another account simultaneously onto unlimited copier accounts. This process can maximize profits, reduce broker exposures, and help manage risk over a trader’s portfolio.
3. Proprietary trading firm funding
Another use of a VPS is setting it up for multiple proprietary trading firms’ accounts and running them simultaneously with a trade copier. Many traders successfully do so by using some of the best prop firms, combined with a trade copier and a Forex VPS.
4. Using trading tools on Mac
For anyone who owns a Mac, it is frustrating that a trading tool like MetaTrader 4 doesn’t work on the operating system in most cases. Nowadays, you have brokers who tried implementing their version, but most MT4 versions don’t support Mac. However, by using a Forex VPS with a combination of a remote desktop tool, you can trade on Windows while being logged in to your Mac. This way, even Mac owners have the necessary functionality that a trader needs.
Traders comments about Cheap Forex VPS
Cheap Forex VPS has great feedback from their clients.
On Trustpilot, they have an average score of 3.3/5 out of 1 review.
Cheap Forex VPS customer support
Cheap Forex VPS has excellent customer support, which can be seen by the responses to comments from their community.
You can also request support through their website by clicking here. You must choose one of the following methods: Pre-sales questions or tech support for existing customers.
In conclusion, Cheap Forex VPS is a reliable VPS providing company. Their 99.99% up-time, hyper virtualization platform, competitive prices, compatibility with most brokers, connection to best US & EU servers, and 24/7 support can absolutely benefit any trader out there.
They have a variety of plans with different competitive pricing, allowing traders to choose what they require for their trading based on the quality of the internet. You are also guaranteed connections to the best US & EU servers and 99.99% up-time. Pairing that with the company’s positive reputation, they are definitely one of the most reliable and trustworthy VPS providing companies out there.