In layman terms, it’s an external server where you can run your computer and your programs.
In layman terms, it’s an external server where you can run your computer and your programs.
What’s the Deal? Do I Need One?
While not necessary, many traders obtain a VPS for their key advantages.
First, you can overcome possible connection issues on your side. If you experience power or internet connection failure, you would want your trades being managed by your Expert Advisor to go unaffected; however, if you do not have a VPS and you experience connection issues, your Expert Advisor will no longer operate.
If you like using Trailing stops a VPS can also be very beneficial for your trading strategy, since trailing stops are only stored in the platform, the use of a VPS can guarantee that your Trailing stops will be triggered when the criteria is met.
Additionally, you can significantly reduce your latency. Latency is the round trip time for your trading account on your computer to communicate with our servers. If you have high latency, your automated trading could experience delays.
Finally, added storage capacity with a VPS gives you the ability to place multiple trading platforms with expert advisors on the external server. Thus giving you the ability to try many automated strategies without bogging down your computer at home.
You can request a Sponsored VPS service if your monthly trading volume is at least 15 standard lots, if you don't meet these requirements you can still obtain a discounted rate from our VPS recommended providers.