What is a Virtual Private Server (VPS)?
In trading, a VPS is used to host automated trading strategies that you’ve created through a trading platform such as MT4, Ninjatrader or Tradestation. It is akin to renting a computer 24/7 near your broker’s trade server to reduce latency and keep your strategies hosted 24/7.
A good VPS hosting company is up 99.9% of the time (internet connection and power), making sure your automated strategies do not miss a trade. Your VPS can also be accessed from anywhere in the world, as long as you have an internet connection. This means you can be on vacation and still access your trading strategies and accounts.
How does it work?
As I am an affiliate of IC Markets, I have been fortunate to obtain this info-graphic explaining in detail how a VPS works.
How does a VPS work -IC Markets
Who do we recommend and why?
In the next page here, I explain my recommendations and my experiences with our two recommended hosting companies – Commercial Network Services and Beeksfx, as well as my poor experience with thrustvps, my first VPS hosting company.