VPS EA is the perfect combination of VPS and EA that traders utilize to maximize their profits in the forex market. So, what exactly is VPS and how does it function? Let’s delve into the concept of VPS through this article!
Exploring VPS EA:
VPS is a versatile virtual server that serves various purposes. So, what is the actual role of VPS and VPS EA?
In simple terms, VPS can be understood as the subdivision of a main physical server into multiple separate servers, each functioning identically to a physical computer. On the other hand, EA acts as an automated trading software on the Forex trading platform. However, EA requires a device with an internet connection to operate. Hence, in order to optimize trading activities, traders need to combine VPS and EA.
So, how do VPS and EA work in conjunction with each other?
In practice, VPS EA also enables automated trading through EA software without relying on intervention from the main server. Nevertheless, VPS EA possesses a notable advantage over regular EAs, as it operates continuously 24/7 and can efficiently process massive amounts of data at high speeds. Additionally, it provides all the necessary functionalities akin to a typical physical computer.
Utilizing EA through VPS ensures enhanced safety and accelerated trading speed for users, thanks to the potentially superior network speed of VPS compared to a conventional computer. Furthermore, users have the flexibility to choose different types of VPS EA according to their specific requirements.
After briefly exploring the concept of VPS EA, it appears to be worth considering. Are you intrigued to learn more about the operational aspects of VPS EA? Let’s find out!
The functioning of VPS EA:
To grasp the working mechanism of VPS EA, it’s important to understand the fundamentals of VPS operation. Essentially, VPS serves as a virtual computer on the internet, equipped with an operating system (OS). Users have complete control over this remote computer and are required to pay a monthly fee to maintain the system and access additional services provided by the provider.
In essence, the service provider creates a virtualization layer on top of the operating system, which then partitions it into separate VPS instances. Furthermore, this virtualization layer also isolates resources within each VPS on the same physical server. This allows users to install their own operating systems or personal software on their VPS without impacting other users.
VPS can be employed for various purposes. Traders utilize VPS EA as a virtual server to run MetaTrader 4 and MetaTrader 5, enabling uninterrupted EA backtesting. By utilizing an EA on a VPS, the EA becomes independent of external factors and operates reliably 24/7.
Determining a reliable VPS EA:
In the current market, there are numerous types of VPS for EAs available, provided by various websites to cater to individual needs. To identify a suitable VPS for Forex trading, let’s consider some essential factors.
- High network speed should be guaranteed for VPS EA:
To ensure optimal trading speed, the network speed of a VPS EA should be at least 100Mbps. It’s crucial to note that even a slight delay in Forex trading can result in missing significant trading opportunities. While a regular computer may achieve network speeds of 20-50Mbps, there can still be certain delays that affect trading. Therefore, a VPS EA should have a network speed of at least 100Mbps. - Unlimited bandwidth:
Using VPS for Forex trading often requires substantial bandwidth, as users need to continuously update and transmit data, operating around the clock. If a VPS has limited network capacity, traders may encounter difficulties in executing trades. Therefore, selecting a VPS without bandwidth limitations is an essential criterion.
RAM configuration for VPS EA should be a minimum of 2GB: - Similar to a regular computer, RAM is where tasks are processed in the operating system. The higher the RAM capacity, the more efficient multitasking and installations become. To maintain high performance during trading and prevent any lag, a minimum of 2GB of RAM is required to ensure smooth operation of the software on the VPS EA.
- CPU configuration for VPS EA should be 2 Cores or higher:
- The number of cores determines the speed at which tasks are processed. Choosing the right CPU is as important as selecting the RAM. For seamless Forex trading, users should opt for a minimum of 2 cores. Furthermore, if running multiple software programs on a VPS EA, more cores will be needed.
- Hard Drive and Storage Capacity:
- Hard drives are typically categorized as HDD and SSD. While HDDs are more cost-effective, SSDs offer significantly better performance, with data read and write speeds 5 to 10 times faster. Therefore, SSDs are the recommended choice for storing trading-related data.
- Depending on the number of software programs and data users wish to store for their trades, a hard drive capacity of 30GB to 50GB can be selected. However, it is advisable to choose 50GB for comfortable storage and long-term usage.
Learn more: How to set up EA on VPS?
3 reasons why traders should use VPS EA for their trades:
- Support for trading anywhere, anytime:
- VPS EA, being a virtual server, allows traders to execute trades from any location. As long as they have a device with an internet connection, trading can be conducted effortlessly. Moreover, VPS EA can operate automatically without constant monitoring after the initial setup. This ensures that trades continue to be executed even in the absence of internet access or during power outages.
- Commitment to security and privacy:
- Using VPS EA from any provider guarantees regular software updates and patches. These providers perform periodic checks to ensure smooth operation and optimal performance for users. Additionally, they provide antivirus software to safeguard the trader’s computer.
- Minimizing unwanted incidents and accelerating trades:
- By utilizing VPS, traders benefit from being on the same server as the main server, resulting in nearly instantaneous price quotes and order matching. This minimizes delays and enhances the speed of trade execution.
How to Easily Rent a VPS for EA Trading?
In today’s market, there are numerous VPS providers offering a wide range of options and price points. However, not all providers cater to VPS services specifically for EA trading, as VPS can be utilized for various purposes. Recognizing this issue and understanding the significance of VPS for traders, FXCE currently offers VPS EA rental services for traders.
What can you expect when FXCE supports VPS EA rental?
- You will receive $30 for a 3-month period for each VPS, and you can utilize 1-3 EAs based on your requirements.
- If the FXCE team determines that your account is performing well, you will receive investment from the DIRECT fund. Additionally, you may be eligible for a subsidy to rent 2 VPSs at a cost of $60 for 3 months, accommodating 4 to 6 EAs.
- You don’t have to worry about remembering VPS rental payment deadlines as all users will be reviewed and billed quarterly, simultaneously.
Registering for VPS rental support at FXCE is extremely convenient and fast. You simply need to meet the following requirements:
- Users are required to complete the KYC (Know Your Customer) process.
- You can use either a demo or live account to register for VPS EA.
- Provide information about the active Forward Test EA accounts (ranging from 1 to 3 accounts).
Summary:
In addition to using EAs for Forex trading, VPS EA is a valuable software for traders. With its functionality resembling that of a physical computer and its ability to operate 24/7, all Forex trading activities become more streamlined. Through this article, it is hoped that you gain a better understanding of VPS EA and can choose a suitable VPS to meet your individual needs.
Learn more: Where to buy EA Forex?