Best VPS Hosting For Forex Trading 2020
The following article is an overview of VPS hosting and how its relates to forex traders. We have conducted research into what exactly VPS hosting is and the very best brokers offering this technology.
The brokers below represent the best forex brokers with VPS Hosting Technology.
|Broker||Rating||Official Site||Regulations||Min Deposit||Max Leverage||Trading Platforms||Foundation Year||Publicly Traded||Trading Desk Type||Currencies||Commodities||Indices||Stocks||Crypto||Commission on trades||Fixed spreads||offers promotions||Official Site|
IRESS, MT4, MT5
70.24% of retail investor accounts lose money
AMF, ASIC, BaFin, CONSOB, FCA, FSB
No dealing desk
70.24% of retail investor accounts lose money
CySEC, DFSA, FCA, FSA, FSC, MiFID
ECN, No dealing desk, STP
FP Markets is the brokerage arm of First Prudential Markets Pty Ltd, an Australian firm which was established in 2005. In over 14 years of brokerage operations, FP Markets has grown to become a foremost online forex and CFD broker.
The Head Office is located in Sydney, Australia. The brand has won multiple industry awards in areas like; customer service, trader education and trade execution. Here are some advantages of trading with FP Markets:
- Over 10,000 trading instruments to choose from.
- Modern trading platforms.
- Low spreads on forex currency pairs.
- Regulated brokerage conditions.
- Multilingual and efficient customer support
NBHM has solid roots in gold trading and investment and is the only brokerage firm with gold-backed stability offered by the National Bullion House.
The broker offers leverage up to 1:500 across a range of different asset classes including Forex, CFDs, Cash Indices, Precious Metals and Commodities. Clients can choose from three account types called Standard, Pro and Elite which can be funded with USD currency.
The account types offer a range of commission-free and fee-based trading using the MetaTrader 4 and the MetaTrader5 trading platforms.
FXCM Group is an international online forex and CFD brokerage brand. Founded on 1999, The company is based in the UK. The brokerage firm also maintains offices in several jurisdictions such as Australia and South Africa.
In terms of tradable products, FXCM offers trading in the spot forex markets, cryptocurrencies, Treasury bond (the bund) and Contract for Difference (CFDs) for market indices and commodities. Due to the new ESMA regulation, the maximum leverage offered by FXCM is now restricted to 1:30 for major currency pairs.
The HotForex brand is owned by the “HF Markets Group” and was founded in 2010 in St. Vincent and the Grenadines. HF Markets Group encompasses the HotForex and HF Markets brands, and the following specifications are applicable only to HF Markets (SV) Ltd.
The Head office is located in Cyprus while another office is in Kingston, St. Vincent & the Grenadines. HotForex offers multiple trading instruments on the MetaTrader platforms across cryptos, bonds, commodities, indices and currency pairs. They work on an ECN/STP model which means that they pass the trades on through third party liquidity providers rather than taking the other side of the trade themselves. This means no conflict of interest with clients and lower spreads.
FBS Markets Inc. is a Forex and CFD broker that offers its services across the globe. The company was established in 2009 and since then, the brand has grown in size, capacity and technology. It offers currency pairs, CFDs, stocks, metals and cryptocurrencies on its modern platforms. The broker website is available in 18 languages.
FBS uses the hybrid broker model of Straight through processing (STP) and Electronic Communications Network (ECN). There is no dealing desk. They broker asserts that orders are passed directly into the systems of the liquidity providers at the actual market prices, so, requotes are impossible.
What is a VPS Hosting?
VPS hosting is a Virtual Private Server sold by an internet hosting service to users interested in utilizing the use of a customizable website/online platform. VPS hosting is software defined and can be configured with anything the operating system can handle. It enables the use of software online like a website, and enables its users to install and create anything the operating system can handle. The purchasing of VPS hosting allows users to run their website from a dedicated web server without setting up the server and the costs involved.
What are the Uses of VPS Hosting for Traders?
Using VPS hosting while trading as a forex trader is very beneficial to a traders’ success. They use it because it allows them to use automated algorithmic strategies, along with expert advisors 24/7. The system is all virtual and online, which increases productivity and enhances performance by constantly running with no connectivity problems or system failures. It allows a trader to access their platform without the use of a specific computer, so they can monitor their trades from anywhere. Also, the lightning fast speeds of execution with little to no slippage is a very attractive benefit that VPS hosting systems provide.
In addition to the points above, there are numerous benefits and reasons why traders use VPS hosting. See below the complete list of benefits VPS hosting provides:
- Expert advisors available all day, everyday without any interruptions.
- Trade anywhere. With the online aspect of VPS hosting, you can trade anywhere from multiple devices. You are not limited to a desktop computer with a specific program.
- Ability to trade 24/7 without interruptions. If the power goes out, or you don’t have internet connection, there’s no problem. VPS hosting provides automated 24/7 trading.
- VPS hosting offers robust security. If your VPS system is operated by a reputable company, they perform maintenance and offer anti-virus software to ensure smooth running and protection at all times.
- Fast execution speeds with low slippage provide reduced losses and more profit.