Reasons That Make Running Your Trading Software on VPS An Excellent Option
Whenever you hear VPS or Virtual Private Server, the first thing that comes to your mind is web hosting. However, VPS is not just limited to web hosting. It can be very helpful for a number of applications. For instance, running your trading software! Let us have a look at some of the benefits of running your Forex trading software on VPS.
What is VPS?
A VPS is a server which is located on a computer which is home to a number of other virtual servers too. But while these servers are on the same machine, they work independently. As it will be your VPN, you can install any OS, reboot the system, and enjoy complete control on the server. You will have a particular amount of RAM, space, and transfer allowance every month.
Now that you have a basic idea of what VPS is, let us have a look at how it can benefit traders.
- Flexibility to trade anywhere, anytime
If you trade only from your desktop computer, you might feel limited to the spot where the computer is situated in your home or office. While several brokers do offer mobile applications now which you can use for trading on-the-go, what if your broker doesn’t? Or what if you don’t like the interface of the mobile trading app? VPS can be very helpful here. With VPS, no matter where you are you can easily log in to your VPS account and trade.
- Excellent security
There are a number of reputed VPS service providers who offer excellent security along with their VPS. The service providers keep a tab on the safety of the server to ensure that it is protected from any unscrupulous elements and functions just as it should. Moreover, you also receive antivirus software and a number of additional tools to protect the system from vulnerabilities and trade in a safe and profitable manner.
- Reducing slippage
If you are a seasoned trader, you might have seen how the prices change between the time you place the order and when it is executed. You end up losing a number of excellent money-making opportunities and there is also a possibility that you might lose money due to the delay. A lot of times this delay is due to slow internet connection. But with VPS, you can rest assured that your internet speed will be much faster and all your trades will be instantly executed.
If you have just started trading Forex, you might be satisfied with your current internet service. But as you will gain more experience, your trades will get more involved and sophisticated. And along with you, it is also very important for the internet technology to grow with you. But if you will switch to another internet plan or service provider, you will again be required to adjust yourself to the new service. VPS is a better alternative here as you can easily scale it as per your requirement.
- Better latency
Another major advantage of using VPS for trading is the fact that the service providers generally allow you to choose from a number of server locations all over the world. You can select one that is closest to your broker and experience better latency. This will further increase the speed of trade execution.
If you need to be a successful trader, you definitely need to consider a number of important factors and the internet connection is definitely one of the most important. As you can see, VPS offers a number of advantages as compared to standard connections and has an excellent potential to play a major role in your trading journey. So, start looking for a reputable VPS service provider to be a better, quicker, and more profitable trader.