VPS is now well known to people who are engaged in cloud computing or cloud virtual machines to create more reliable and faster computers with very high internet connections on them. On the other hand, if we are going to apply forex to VPS, that is the theory of VPS. It's a virtual private server with a virtual machine where you can install your trading charts to avoid slippage or delays in putting the trading positions in. The slowness of the internet connection when you trade is one of the most common problems with traders, which is why they lose their invested money. The technology for trading charts is evolving faster due to the successful implementation of online trading in VPS. A lot of expert advisors or trading robots are now in the market, and it helps a lot of traders to have an easy way of trading forex.
An example of a severe slippage incident reported to WikiFX.
Report: “Close order at 17:00 on June 26th for 0.899, however, the candle stick never got near that region (0.895). Would not provide data on forex quotes.”
Read more about severe slippage cases on WikiFX exposure (slippage cases).
WikiFX VPS
WikiFX offers VPS with a price of less than a dollar for the standard VPS. It has no restrictions on the broker account and it has support provided by WikiFX. Product specifications and comparisons are shown below.
Product Specification
Product Comparison
What are the advantages of WikiFX EA VPS for trading?
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Global node – Support 10 regions around the world, all over the world's major cities.
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Dedicated server – customized for EA transactions with exclusive hardware, so that transactions are not affected by environmental factors.
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Remote connection – You can log in to your platform on any computer and trade anytime, anywhere, even without the installation of MetaTrade4/5.
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Automated trading – Your EA will keep operating after you close the computer.
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Reduce slippage and delay – The faster VPS transaction execution, the faster order transmission.
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Reliable security – Professional operation and maintenance engineers with a regular test of the server to ensure the safest operating environment.
Trade Remotely
VPS trading enables you to trade from anywhere in the world.
Not all brokers provide a mobile app or an appealing user interface that works on all devices. If you travel regularly and have the platform installed on your home or business desk, you will be unable to keep track of Forex.
Power Deficiency
This is the era of automation, and if you are a smart trader, you must be taking advantage of it.
In such circumstances, having electricity 24 hours a day, seven days a week is critical. Any power outage might result in a financial loss.
Even if you are not connected to the internet, VPS maintains your software operating smoothly. So, in a sense, your automation continues to function even if the power goes off.
Anytime Trading
You can trade at any moment since you can trade from any place.
One of the benefits of using a VPS in Force Trading is that you can go away from your workstation.
You can do all trading chores even when you are not in front of your computer.
Speed
Another significant benefit of VPS in Forex Trading is the server's speed. It makes no difference whether you enter your inputs manually or using an automated method; the VPS can do the jobs considerably quicker than the PC.
There will be fewer delays and slippage, which implies there will be fewer opportunities to lose money owing to slippage. Although uncertain, you will have far fewer delays.
Security
You will obtain the best security if you get your VPS from a reputable firm.
Managed VPS are constantly checked to ensure that they are operating properly.
Also, read “WikiFX VPS Ranks Your Trading Environment.” to know how WikiFX improves your trading environment.
Note:If you are planning to trade with a large amount of money, be equipped with how to use the forex VPS for your security and to avoid unstable connections and severe slippage.
To access the latest WikiFX news, the WikiFX app can be downloaded for free on App Store and Google Play Store.