Tag: MT5 VPS

  • ForexVPS.net Review: My Honest Experience & Is It Worth It?

    ForexVPS.net Review: My Honest Experience & Is It Worth It?

    Is ForexVPS A Reliable VPS for Algo Forex Trading? Let’s find out.

    If you are serious about algorithmic or automated Forex trading, you have probably heard the term “VPS” thrown around.

    A Virtual Private Server (VPS) can be the difference between a strategy that executes flawlessly and one that misses crucial market moves because of a poor internet connection or a home computer that shuts down.

    Finding the right Virtual Private Server (VPS) for algorithmic forex trading can make or break your trading success.

    With so many providers claiming to offer the best service, it becomes challenging to separate genuine quality from marketing fluff.

    When it comes to VPS for Forex,  ForexVPS.net is a very popular company. They aim to specialise on a service built specifically for traders, with a focus on low latency and rock-solid stability.

    And after testing and using ForexVPS.net for several months, I am writing this detailed review to share my first hand experience, of the good, the not so good and whether I believe its worth your investment.

    What Is ForexVPS.net?

    ForexVPS.net is a specialised VPS hosting provider designed specifically for forex traders and automated trading systems. Unlike generic VPS providers, this service focuses exclusively on delivering ultra-low latency connections, optimal uptime, and trading-specific features that professional traders require.

    The company has servers in 22 strategically located data centres worldwide, positioning their servers close to major financial exchanges and broker servers. This geographical advantage aims to minimise execution delays and slippage that can significantly impact trading profitability.

    Pricing and Plans (GBP and USD Examples)

    Here’s how their plans break down in in GBP at the time of publishing:

    Core – £27/$36/month | 2x vCPU | 4 GB RAM, | 100 GB SSD – Good for 1-3 MT4/EAs

    Edge – £42/$56/month | 4x vCPU | 6 GB RAM, | 150 GB SSD – Good for 3-6 MT4/EAs

    Prime- £57/$76/month | 6x vCPU | 8 GB RAM, | 200 GB SSD – Good for 6+ MT4/EAs

    Custom – If you want more than the above specs, you can contact them and request a custom plan based on your requirements.

    All plans include the following features:

    • 100% Uptime guarantee*
    • Dedicated IP address
    • All trading platforms
    • Automated backups
    • Resource spike protection
    • Cyber security protection
    • Trace route monitoring
    • Active load management
    • Trading analytics

    Pros and Cons

    Pros Cons
    Ultra-low latency (as low as 1 ms) Pricing is on the higher side (e.g., $36/month basic)
    100 % uptime guarantee with redundancy No phone support— only chat and email
    Over 22 global data-center locations Limited resource flexibility; no add-on slicing for RAM/CPU
    24/7 support via live chat and email If you want a little more, ram or cpu, you have to upgrade to  higher package
    Easy setup with MetaTrader integration No free trial – but you get the 14 day money back guarantee
    14-day money-back guarantee on VPS plans Windows only –  which may limit traders preferring Linux-based systems.

    My Personal Experience with ForexVPS.net

    I signed with the Core plan to test it with my MetaTrader 4 and 5 setups, running three Expert Advisors simultaneously.

    The onboarding process was straightforward, and I received my login credentials within minutes of payment confirmation.

    I’ve used ForexVPS for a couple of months now. Prior to that I used another service InterServer, which was great for the price, but that service was just a general VPS, they didn’t say specifically for Forex, as ForexVPS claims to be. So I thought, let me try ForexVPS,

    Setup and Initial Impressions

    The setup process was nice and easy in terms of simplicity.

    Although I’m ex IT and I usually know my way around general IT stuff, they had step by step guidance on how to get started, so this will be perfect for beginners.

    The control panel is intuitive, and connecting to the VPS through Remote Desktop Protocol (RDP) was seamless across Windows, Mac, and mobile devices.

    The pre-installed Windows environment came optimised for trading platforms, which saved considerable setup time.

    Performance During Live Trading

    Over a couple of months of continuous use, the VPS maintained impressive stability. My trading platforms experienced zero unexpected shutdowns, and the promised low latency proved accurate.

    During high-impact news events like Non-Farm Payroll releases, I noticed my platforms remained responsive even during these peak volatility periods.

    Here’s a summary of my experience and feedback from my usage:

    • Customer Service: The support team was very good and responsive whenever I had questions.

    • Server Performance: The VPS performance was excellent for the package I chose, and it handled my trading platforms smoothly without lag.

    • Remote Connection: Connecting remotely felt seamless. At times, it was as fast it almost felt like I was using a local desktop.

    • Price: I think the pricing is decent. You can find slightly cheaper VPS providers with the same specs, but ForexVPS is designed specifically for Forex trading. They optimise for latency and execution speed, which are critical for automated trading strategies.

    • Setup & Onboarding: Getting started was straightforward. The VPS was ready to go, and it didn’t take long before I had MetaTrader and my trading bots running.

    • Latency & Broker Connectivity: I noticed very low ping times when connecting to my broker’s servers, which gave me confidence in execution speed compared to running trades from my own computer.

    • Reliability: During my usage, the VPS was stable with no downtime or disconnections, which is exactly what you need when running trades 24/7.

    In addition, I’ve researched the following online to see what other users experiences:

    • Trustpilot reviews are consistently glowing: Users praise the simplicity, fast setup, low latency, and helpful support teams. One recent reviewer noted “Extremely simple set up process and responsive support… saving me a great deal of time and effort.” Trustpilot

    • Myfxbook reviews echo that: Traders mention clean environments, fast EA setup, reliable performance. As one put it: “ForexVPS.net is easy to set up and works smoothly… fast performance and no interruptions.” Myfxbook.com

    • But not all are perfect: A few users expressed concerns on Myfxbook about cost and occasional performance issues—“performance and cost are clear issues… expecting better performance.” Myfxbook.com

    • Forex Peace Army reviews are generally positive; one user had just one outage in two months and praised how hard the team worked to fix it. Forex Peace Army

    Overall, most traders I’ve seen are happy, particularly for latency-sensitive automated strategies.

    ForexVPS.net vs Competitors

    Compared to Generic VPS Providers

    Generic providers like DigitalOcean or Vultr offer servers starting from $5-10/month but lack trading-specific optimizations.

    They require manual configuration, do not guarantee trading platform compatibility, and typically have higher latency to broker servers.

    For serious traders, the additional cost of ForexVPS.net often justifies itself through improved execution quality.

    Compared to Other Trading VPS Services

    Among specialized trading VPS providers, ForexVPS.net positions itself at the premium end.

    Services like Cheap Forex VPS or VPSForexTrader offer lower prices but often with shared resources or fewer global locations.

    ForexVPS.net’s dedicated resources and extensive server network come at higher prices but deliver better performance, in other words, you get what you pay as the saying goes.

    What Makes ForexVPS.net Special?

    ForexVPS.net is a VPS provider designed specifically for traders with the following features:

    Offers ultra-low latency — servers claim execution speeds as low as 1 ms. That’s crucial when every millisecond counts in Forex trading. This translates to better fill prices and reduced slippage, particularly beneficial for scalping and high-frequency trading strategies.

    Promises 100 % uptime guarantee, backed by SLA — so your bots or trades won’t miss a beat.

    Global Server Network — With 22 locations including major financial centres like London, New York, Singapore, and Frankfurt, finding a server close to your broker is straightforward. In addition, powered by Equinix data centres — ideal for proximity to brokers.

    Comprehensive Security — The cyber security protection and automated backup systems provide peace of mind for continuous trading operations.

    Trading Focused Features —Unlike generic VPS providers, ForexVPS.net includes trading-specific benefits like resource spike protection during news events and compatibility optimization for popular trading platforms.

    Flexible Payment Options
    — Accepts credit cards, PayPal, Skrill, and cryptocurrency payments, catering to diverse trader preferences.

    Seamless integration
    —with MetaTrader 4/5, auto startup, remote connectivity via browser or RDP

    Who Should Consider ForexVPS.net?

    • Algo Traders using EAs or bots: Traders running multiple Expert Advisors or algorithmic strategies that require consistent uptime and low latency.

    • Professional Traders: Those with significant trading capital who can justify the monthly cost through improved execution quality and reduced slippage.
    • High-frequency traders: Every millisecond counts; this setup delivers.

    • Traders needing reliability: With guaranteed uptime and global locations, this is tough to beat.

    • Professionals or institutions: Dedicated server options offer serious horsepower.

    • Scalping Specialists: Short-term traders where milliseconds matter and execution speed directly impacts profitability.

    • International Traders: Those trading across different time zones who need 24/7 platform availability without depending on their home internet connection.

      Who ForexVPS May Not Be Suitable For

      Casual Traders: Recreational traders with small account sizes may not justify the premium cost and improved performance as they would most likely just use their mobile devices to trade.

      Manual Only Traders: Those who trade manually without automation may not benefit significantly from the specialized features.

      Budget Conscious Beginners: New traders learning the basics might prefer starting with cheaper alternatives until their trading volume increases. In this case, you may want to check out a cheaper alternative, such as InterServer, which I’ve also used and decent for beginner and budget conscious traders.

      Frequently Asked Questions

      Is ForexVPS.net suitable for beginners?

      While beginners can use the service, the premium pricing and advanced features are primarily designed for experienced traders. New traders might benefit more from starting with cheaper alternatives until their trading volume justifies the cost.

      Can I run MT4 and MT5 simultaneously?

      Yes, all plans support running multiple trading platforms simultaneously. The Core plan handles 1-3 platforms, while higher-tier plans support more concurrent platforms.

      What happens if I exceed my plan’s resources?

      The service includes resource spike protection that temporarily allocates additional resources during peak usage. For sustained higher requirements, upgrading to a larger plan is recommended.

      Do they offer refunds?

      Yes, ForexVPS.net provides a 14-day money-back guarantee, allowing you to test the service risk-free.

      Which server location should I choose?

      Select the location closest to your broker’s servers. The company provides a broker latency database to help identify optimal server locations for your specific broker.

      Value for Money Assessment

      At $36-76/month, ForexVPS.net is undeniably expensive compared to other general VPS alternatives. However, the value proposition becomes clearer when considering the following, who are serious about professional forex trading:

      Potential Slippage Savings: Reducing average slippage by just 0.5 pips per trade can save hundreds of dollars monthly for active traders, easily offsetting the VPS cost.

      Time Savings: The trading-optimized environment eliminates hours of manual configuration and troubleshooting required with generic providers.

      Risk Reduction: Guaranteed uptime and professional support minimize the risk of platform failures during critical trading periods.

      Opportunity Cost: Missing profitable trades due to connectivity issues or platform crashes can cost significantly more than the monthly VPS fee.

      Final Thoughts

      ForexVPS.net is a strong, reliable VPS solution tailored for traders who demand speed, uptime, and trader-friendly features. It isn’t the cheapest option out there, but you’re paying for performance and peace of mind.

      If you run automated strategies, need low latency, and value responsive support, I think it’s worth it.

      However, the higher price makes it better suited for serious traders who can see the value in better speed and performance. For casual traders or those with small accounts, the cost might be hard to justify.

      Overall, ForexVPS is a strong choice if you want to run automated trading systems, where speed, stability, and uptime are more important than saving a little money on hosting.

      ForexVPS currently offers a 20% discount code, Code: EXTRA20OFF, and also a 14-day money-back guarantee. If you’d like to explore ForexVPS.net for yourself, you can check out their plans here.