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Why A Virtual Private Server Is A Must-Have For Forex Traders

October 15, 2021 in Latest News, Shinjiru Tip Sharing by Gabriella Gadung
Why A Virtual Private Server Is A Must-Have For Forex Traders

Trading Forex is one of the most thrilling and risky trades. If you’re a Forex trader, you know how important speed is in competitive trading. The lower the latency on your Forex trading platform, the better.

What is Forex Trading?

Forex trading is the buying or selling of one currency against another. It can be done using a bank account, CFDs, or an online forex trading platform. You can trade 1,000,000 units of one currency for 900,000 units of another. Forex traders will make profits if the price of the first currency goes up relative to the second. 

What is a VPS?

A VPS refers to a Virtual Private Server. It’s basically a lightweight virtual machine that you can install on your computer, which means you only need to have one computer to run multiple servers. The best way to describe a Virtual Private Server is like this: “It’s a virtual machine in the cloud.” The VPS is a very powerful and affordable tool, and it’s available for purchase at any time.

Why do you need VPS for Forex trading?

A virtual private server is a good solution for Forex traders because it offers enough bandwidth for trading. Virtual Hosting Services such as Shinjiru’s Forex VPS Malaysia with lots of disk space and processing power works very well for the needs of Forex traders. They are also more secure than hosting your own on a shared web host. VPS system provides a better level of security and speed. 

A Forex trader needs a reliable, robust and secure trading platform. Therefore, a VPS is a good choice as it allows traders to trade on their own servers with no interference or third-party intervention. It also allows you to execute all your trades faster than your computer. If you are a serious Forex trader who needs to keep a steady connection to the internet all the time, you need a virtual private server.

Another benefit of a VPS is that you can connect to your platform remotely with a network connection, giving you the freedom to trade anytime and anywhere you want. 

Key Considerations in Selecting a Forex VPS 

When selecting a Forex Virtual Private Server, there are several important factors that you need to consider. The first consideration is physical security and data protection. You need to get a Forex VPS provider with secure data centres that provide 24/7 monitored physical security and redundancy for your data storage. The next consideration is software compatibility. The ability to run the Forex VPS in a hosted environment and allowing you to install any application that can be used on a Windows Operating System is very important. The third consideration is VPS price. This will vary depending on the provider and the amount of power, storage, and memory you require. Lastly, you must ensure that the speed of your Forex VPS is fast to execute your trading smoothly.

Shinjiru Forex VPS

Execute your trades at lightning speed and signal subscriptions in operating mode 24/7, even when the computer is turned off! Shinjiru Forex VPS Malaysia comes with preinstalled MetaTrader 4&5 and MetaTrader Editor 4&5, allowing your trading robots to autorun and trade nonstop, which ultimately enable you to execute Forex trades faster, safer and become more profitable! Get our Rock Solid, Low Latency Trading SSD Forex VPS and enjoy smooth trading NOW!

Click here to learn more about our Forex VPS.

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