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TOP FOREX BROKERS REVIEW

THE INTERNET'S MOST COMPREHENSIVE LIST OF ONLINE FOREX BROKERS AND FOREX REVIEWS. 

author Written by
Rex John Walsh
author Fact checked by
Sangram Mohanta

Last Updated on June 1, 2024 by TOP FOREX BROKERS REVIEW

Free VPS Offer 2024

Free Forex VPS

For a Forex trader, this would mean you will need a setup that is reliable, works without any hiccups, and is effective in its operations. The best tool a trader can have in this case is a VPS server for Forex. In this guide, I'll walk you through the benefits you'll get from using a free VPS server, how you can get it, and why it can really change the game for your trading strategy.

What is a Forex VPS?

A Forex VPS is a hosting service that is dedicated to being used for forex trading. It enables a trader to run his trading platform and his automated trading strategies 24 hours a day, 7 days a week, with the least possible downtime and latency. A VPS is created differently from a normal computer as it has a stable and fast internet connection, very crucial in making sure trades are executed in the volatile forex market.

 

BROKER NAMEBROKER LOGOREQUIRED LOTMIN VPS CONFIGURATIONREGISTRATION
FP Markeets5 STANDARD LOTS1 GB RAM VPS
BlackBull5 STANDARD LOTS1 GB RAM VPS
Eightcap5 STANDARD LOTS1 GB RAM VPS
Octa5 STANDARD LOTS1 GB RAM VPS
FxPro5 STANDARD LOTS1 GB RAM VPS
DNA Markets5 STANDARD LOTS1 GB RAM VPS
IC Markets5 STANDARD LOTS1 GB RAM VPS
FBS5 STANDARD LOTS1 GB RAM VPS
FXTM5 STANDARD LOTS1 GB RAM VPS
XM5 STANDARD LOTS1 GB RAM VPS

Why Would Someone Use a Forex VPS?

  1. 24/7 Trading: Whether you are an MT4, MT5 user, or running a Forex EA, a VPS guarantees your trading platform can run 24/7 without interruption. A typical example is the automated trading systems in operation, where the market is being constantly watched—thus, every order is filled quickly.
  2. Features of Ultra Low Latency: A forex VPS sets up direct and extremely fast connectivity to the server, thus minimizing the time your orders take to be executed. Mean latency is low, exchanging digits of the trade in milliseconds, possibly the difference between profit and loss in volatile markets.
  3. Stability and Reliability: Unlike home computers, for example, it could be a victim of power blackout or internet-related problems that befall laptops. The main hosting server is in the data center, so that guarantees uptime and reliability.
  4. Security: VPS hosting services would put in place bloated security measures to make your data and trading activities exceedingly safe from all forms of cyber threats, more so in matters of financial transactions and any other crucial information.

Get a Virtual Private Server for Trading Forex for Free

And even with loads of VPS providers, getting a reliable free VPS server for forex trading does require a bit more research. Most brokers and hosting services provide free VPS to their clients but under some conditions. Here are a few tips for you to get free VPS as per your trading requirements:

  1. Broker Offers: Most brokers offer free VPS hosting as part of their service package—usually when you maintain a minimum account balance or trade a certain volume. For instance, IC Markets, FXCM, and XM offer free VPS to active traders.
  2. Promotional Offers: Sometimes, hosting companies or even forex-related service providers run promotions and give away a free VPS for trial. That is a very good chance to check the service without plunging into a paid plan.
  3. Competitions in trading: some of the brokers organize various trading competitions and offer the winning participants free VPS service. In light of this, using such trading competitions can turn out to be an exciting method of earning a VPS for free.
  4. Referrals and Partnerships: Find a VPS provider who has some kind of a referral program working, so you might earn from credits to your account up to a free VPS. Or even look out to VPS providers who partnered up with your broker, providing you with some discounts or free services.
Preparing Your Free VPS for Forex Trading

Getting a free VPS server is not so complicated, and making the server Forex-ready is just some steps away. Here's a guide:

  1. VPS Access: Following registration, you will receive VPS access login credentials. Using remote desktop software like Microsoft Remote Desktop, you need to connect with your VPS.
  2. Trading platform setup: Download your favorite trading platform to the VPS and make sure it is working with the best version for the highest achievable performance, which could be either MT4 or MT5.
  3. Set Parameters: Configure your trading platform with the parameters of your broker, login information, and server information. Set the settings for the type of trading you will conduct.
  4. Forex EA Installation: If you are dealing with an automated trading system or an expert advisor of some kind, you have to upload it and set it up on your VPS. Ensure it's running correctly and test it thoroughly.
  5. Monitor and Maintain: Keep monitoring your VPS from time to time to ensure it functions properly. Most VPS providers offer control panels that aid in maintenance and restarting on your demand.
Pros of Using a Free VPS for Forex EA

Forex EAs are basically just another form of automated trading system. They depend a lot on uptime and fast execution speed. A free VPS can give you a lot of benefits for running your forex EA.

  • Operation on the Go: A forex EA with VPS means the EA operates constantly without the need for your personal computer to remain on. This literally means you never miss an opportunity to trade, even if you're far from your desk.
  • Better Performance: A VPS can manage tougher algorithms and act with as many instances of trading platforms as you need without slowing down. This is especially important for advanced EAs.
  • Improved security: Running your EA on a VPS isolates it from other activities on your PC, saving it from any potential viruses and malware that might otherwise affect your trading operation.
  • Scalability: You can easily upgrade VPS resources according to your trading activities, which are scaling up to meet the increased demand for it. That being flexible, you can scale up your trading activities without a hitch.

Best Free VPS Hosting for Forex Trading

Though there are many virtual private server providers, a few stand above the rest as far as reliability and performance are concerned. The following are the top free VPS servers that would be good options for your forex trading activities:

  1. AWS Free Tier: Amazon has free-tier services that allow VPS hosting to be used for forex trading. Free-tier service from Amazon lasts for 12 months and provides decent resources that should have sufficed for most of the traders.
  2. Google Cloud Platform: Much like Amazon, Google Cloud also offers free-tier VPS hosting. This is convenient for a trader to test the service before taking out a paid plan.
  3. Microsoft Azure: Azure, in its free tier, does offer VPS hosting, which can be put to use for forex trading. It will be a hassle-free solution for running trading platforms and EAs, backed up by a solid infrastructure.
  4. Brokers' VPS: IC Markets, FXCM, and many others currently on the market offer their clients a VPS service that meets their needs. The service is optimized for forex trading with the least possible latency.
Conclusion

Free VPS for forex trading can do great work in elevating your trading experience, since the big target is continuous operation, low latency, and strong shield for the best execution of your trade. A free VPS can be had that will work for you through services your broker offers, various promotional deals, or good providers like Amazon AWS, Google Cloud, and Microsoft Azure. You can lease a free VPS easily, and it holds many benefits beyond just using a manual trading strategy. At the same time, an automatic trading can be done with the help of VPS on MT4, MT5, or a forex EA to ensure stability and performance in forex trading.

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