Commercial Network Services (CNS)
I have been with CNS since July 2011 and I have no regrets. These guys are serious about ‘keeping it running’ (their motto) and stand by their 100% uptime guarantee. They will refund 5% of your monthly VPS fee for every 30 mins of downtime, up to a 100%. I’m glad to say that in my 3 years with them, I have never had to receive this refund. Their datacentres have multiple backup generators and and enough fuel to last at least 24hrs of power outages.
CNS provides a useful latency chart here to see where is your broker’s trade server located and guide you on which datacentre to host your VPS. The latency chart lists the pings of almost all MT4 broker’s servers to CNS’s datacentres.
The owner, Barry, and his team give great and quick support 24/7 (slower on weekends) and can be easily reached via live chat at their website or the Donnaforex CNS thread. They have a broker sponsored VPS program, where brokers will pay for your VPS if you trade above certain monthly volumes. More details can be found here.
The CNS hardware for the geeks: CNS utilizes native Microsoft Windows 2012 Hyper-V, SSD disks and SR-IOV for maximum performance and low latency connectivity.
My CNS VPS specifications: CNS NY, Trader’s VPS Standard Edition, 4 cores 2GB ram, Win server 2012
I am an affiliate of CNS and I recommend them because of my great experience with them (no kidding!). If you do decide to sign up with CNS, I’d appreciate it if you could sign up with my affiliate link here. It does not cost you anything, and I will receive a small referral fee. I will offer to help you setup your VPS too (for free!) if you sign up via my referral link. I can be reached at firstname.lastname@example.org
Beeks FX VPS
Beeks is also another fantastic VPS provider. They provide solely VPS for forex traders to host their automated strategies close to their broker’s server. The owner, Gordon is very friendly and gives great support 24/7 support. He can be reached via the donnaforex BeeksFX thread here or by email email@example.com
Beeks also provides a similar latency chart on their homepage. They have partnered with several brokers to provide VPS sponsorship for traders who trade above a certain monthly volume, or fund their trading accounts above a certain amount. The full details are here
The Beeks software for the geeks: Compared to CNS, Beeks use the VMware Hypervisor. (CNS uses the native Microsoft Windows 2012 Hyper-V) The performance difference between both is highly debatable and I would love to hear your views on this in the comments below. Personally I’m not super knowledgeable about the differences between both, but I’m more than happy to learn!
My Beeks VPS specifications: I have used Beeks VPS in the past when they started appearing in forums in 2012 and experienced their top notch service. I decided to switch back to CNS because I was more familiar with the CNS’s user control panel. (Beeks does not have one, which can be a good and bad thing) and because CNS was slightly cheaper. Back then, Beeks did not use the VMware Hypervisor, so network performance (i.e. **number of ticks received by the MT4 terminal was slightly poorer). Currently, both CNS and Beeks have upgraded to the latest hypervisors and I would say they are on equal standing. With that being said, I will be more than happy to try out Beek’s VPS again if given the chance.
**As mentioned at the bottom of this page, the number of ticks received is very important. Trades can only be executed on an incoming tick. If you receive 20% less ticks, then there is a higher chance you may not execute at the price you want, or may miss trading opportunities altogether. This is especially important for EAs running on a per tick basis (usually scalpers) rather than trading only on the open or close of a bar.
If you are concerned that you may be receiving less ticks, or would like to compare a broker’s price feed or different VPS hosting companies, click here to download the free tick counter.
ThrustVPS (also known as DamnVPS)
As promised, I’d do a write up of my poor experience with my very first VPS hosting company. I first read about them in the babypips forum and was attracted because they were so cheap (ever heard of what you pay is what you get?) So after a month with them, and my VPS going during multiple times during the week, during trading hours, I decided I would have to pay more for a decent quality hosting company and I left. I then found about CNS through a recommendation via one of the myfxbook users.
Here are some pictures: (You will see that their support is great and non-confrontational, its just their hardware could use some upgrading) (No hard feelings!)