TradingFXVPS standard plan ($25) review
Through the month of December & January, I’ve been given the opportunity to review TradingFXVPS for 1 month – $25 standard plan in New York. Here’s the verdict:
Conclusions are written first for your convenience. TradingFXVPS $25 standard plan is a value for money product for traders looking to trade 1-2 MT4 terminals. (Signal copiers, 1-2 EA traders) If you can overlook the slow navigational interface (due to it being a 1 core machine) when accessing the virtual desktop and the lack of 2FA, MT4 performance on this VPS is as good as CNS (based on execution speed & tick volume counters)
Cores – will 1 core make the cut?
Having been a user of Beeks Gold (4 core) & CNS Standard (4 core) and Value (2 core) plans before, I had the impression that the lowest one could go is 2 cores to run MT4 smoothly and have a decent experience navigating the virtual desktop, setting up your MT4 terminals, etc. I was curious how TradingFXVPS would perform given that it is a 1 core 2GB machine ($25 – standard plan)
Turns out in terms of MT4 performance (execution speed & tick volume), TradingFXVPS is on par with my current CNS VPS. Surprising…
Tick Volume – 1 core vs 4 cores performance
TradingFXVPS had 6.6% more ticks than my CNS VPS (standard plan, 4 cores, 2GB). Maybe this could be due to my CNS running 4 terminals, but then again if my EAs are doing OK on this level of tick volume performance on my CNS VPS, your EAs should do fine on 1-2 terminals in TradingFXVPS
Execution speed – 1 core vs 4 cores performance
1 core vs 4 cores doesn’t make too much of a difference here – When comparing TradingFXVPS & CNS purely in terms of 1 core vs 4 cores, the FxOpen AU MT4 performed similarly to the TradingFXVPS Global Prime MT4 (1st & 2nd image). Both are FxOpen & Global Prime have their servers located in NY and are both not On Net (directly connected via local area network LAN)
But being on the same network does – However, when we compare TradingFXVPS Global Prime & CNS’s Global Prime (which is On Net), there is a big difference in terms of execution speed. This is naturally so as information need not be sent over the internet, but directly via local area network.
Navigating virtual desktop interface – 1 core vs 4 cores performance
Another area where 1 core vs 4 cores shows a difference. It took 5 seconds for google chrome to launch on TradingFXVPS, vs 1 second on CNS. I used google chrome to download my MT4 terminals, speed test EAs and tick volume testers.
Security – 2FA & port randomization
CNS has 2 factor authentication while TradingFXVPS does not. Maybe this will change in the future. Both have port randomization. (Port randomization is the last few digits after the colon symbol in your IP address, i.e 22.214.171.124:xxxx). This significantly reduces the chance of a VPS being hacked by brute force.
Broker sponsored VPS
It does seem like TradingFXVPS has a better deal with the broker sponsored VPS. Taking IC Markets as an example, they will sponsor a $35 CNS value VPS with 2 cores & 1GB of ram with a minimum volume of 100 lots per month.
TradingFXVPS only requires 15 lots per month & a $1500 min deposit for a sponsor of their standard VPS ($25) 1 core, 2GB ram.
There you have it. TradingFXVPS at the $25 price point is a value for money product for traders looking to have a VPS for 1-2 MT4 terminals. Traders can also take advantage of the low requirements to have their brokers (currently IC Markets & Tickmill) to sponsor their VPS. For traders needing performance from their VPS, they would be better off with CNS’s 2 or 4 core machine, but they had better be prepared to pay the difference!
If you like the product from TradingFXVPS, do sign up with them through the affiliate link we’ve been given by clicking here!