Access to powerful resources is an important condition for running a business. E-commerce, trading, software development, and many other activities require large data storage and fast connectivity. However, buying a physical server and maintaining it are not cost-effective solutions for small businesses. It is much more profitable to choose the best VPS hosting plan and cover your business’s needs for digital infrastructure. Let’s find out the details of VPS server hosting plans from the best provider MyForexVPS.
MyForexVPS Approach to Hosting Services
MyForexVPS started developing its data center industry back in 2012. Over the years, it has grown into a leader among VPS hosting services for Forex trading. Its VPS hosting plan is inexpensive but, at the same time, provides users with powerful resources for successful Forex trading. MyForexVPS considered the mistakes of other VPS providers that led to customer disappointment and avoided them. The company has devised a set of principles that helps it provide first-class services to its users, regardless of the chosen plan.
Focus on One Industry
Some providers operate according to the “catch all” principle. They offer the same VPS services to any user, and as a result, many of them remain dissatisfied. The reason is that the efficiency and performance of the VPS server depend on the location of the data centers. The closer they are to the area where users conduct business, the better the connectivity. That is why MyForexVPS decided to focus on providing VPS services only for traders and brokers who are involved in Forex trading. Thus, each user is satisfied with the chosen VPS hosting plan.
The company’s servers are located in the world’s leading financial centers, such as Amsterdam, New York, and London. The servers of most leading brokers are located there, too. Therefore, the digital infrastructure of traders who choose a plan from MyForexVPS will be very close to the servers of their brokers. As a result, the latency (ping) of your VPS server will be very low. This means that you will be able to place, execute, and close orders with an ultra-low ping of 0.5 milliseconds. Notably, it will still be this low for any VPS hosting plan you choose.
Dedicated IP
Another weak point that hinders the development of a successful business is a shared IP on a VPS server. This technology has compromised itself in many ways. So, MyForexVPS offers their clients only dedicated IPs. Even with the cheapest VPS hosting plan at $11.99 per month, you will have a dedicated IP. Here are some of the disadvantages of a shared IP you should know not to put your Forex trading at risk:
- With a shared IP, all users whose websites or operating systems are hosted on a virtual private server have the same IP address. In this case, if any of these users compromises it, your accounts will also be blocked because you have the same IP address.
- The performance of your VPS depends on the number of other users and the tasks they launch. For example, you pay for an expensive VPS hosting plan, but your server will work at a low speed because other users will overload it with their tasks.
- Data security of a shared IP is also at risk. If one user becomes a victim of hackers or scammers, everyone else with the same IP address may face data breaches.
For these and other reasons, MyForexVPS offers only dedicated IPs for each VPS hosting plan.
High-End Equipment
MyForexVPS knows that the quality of service and performance of its VPS servers depend on the equipment. Companies that use outdated or low-quality server equipment cannot guarantee their users uninterrupted operation even with expensive VPS plans. Such hardware constantly breaks down and needs preventive and repair work. That is why MyForexVPS uses only the highest-class server equipment, which allows it to:
- Guarantee its users the highest uptime of 99.99%, even with a cheap VPS hosting plan for $11.99 per month.
- Save on repair and maintenance of server equipment.
- Offer its users lightning-fast execution of all their tasks.
- Ensure unlimited traffic for the transfer of large amounts of data.
Some of the companies whose equipment is used by MyForexVPS are world-famous brands such as HP, Cisco, Dell, and Juniper. VMware virtualization technologies that provide the operation of VPS servers are the best in the world.
Features of VPS Hosting Plans from MyForexVPS
The company offers four custom VPS plans that can meet the needs of different users. You can learn more about them on the official MyForexVPS website myforexvps.com/forex-vps-hosting/. Each tariff plan has its own peculiarities, and if you do not need a large amount of RAM or HDD, you should choose a cheaper option among the following:
- Solo VPS ‒ $11.99 per month ($8.79 /month if you pay for a year in advance);
- Pro VPS ‒ $15.19 per month ($12.79 /month if you pay for a year in advance);
- Xpert VPS ‒ $23.99 per month ($20.39 /month if you pay for a year in advance);
- Guru VPS ‒ $43.19 per month ($38.39 /month if you pay for a year in advance).
The company offers discounts depending on the period you pay for. The longer the prepaid rental period, the cheaper the VPS hosting services you get.
Features Common for All VPS Server Plans
Despite each hosting plan’s uniqueness, they have common features. This means that no matter which tariff plan you pay for, this feature will be included in it:
- Dedicated IP
- Unlimited bandwidth
- Remote Desktop Protocol (RDP)
- MyRDP Console
- Windows Server OS (Windows 2019/2022)
- Ability to connect any number of Expert Advisors (EAs)
- Work with any type of Expert Advisors
- Cooperation with any broker
- Use of any number of trading platforms
- Free setup within 15 minutes after the payment for a VPS server plan
- Ability to contact technical support 24/7
- 99.999% uptime guarantee
- Ultra-low latency (0.5 milliseconds)
- Enterprise hardware from the best manufacturers
What Is Special in Different VPS Plans?
The main differences that affect the price of a VPS hosting plan are the features of storage capacities, RAM, a central processing unit (CPU), and the number of MT4/5 that you can work with.
RAM
The amount of RAM directly influences the server performance. Therefore, if you are going to perform many tasks on your VPS, choose an advanced tariff plan. Here are the RAM volumes the provider offers for different VPS plans:
- Solo VPS ‒ 2 GB;
- Pro VPS ‒ 3 GB;
- Xpert VPS ‒ 4 GB;
- Guru VPS ‒ 6 GB.
CPU
The number of CPU cores is also an important indicator you should consider when choosing a tariff plan. The more cores and the more powerful they are, the faster the VPS will process your tasks. MyForexVPS considered the needs of different traders. Some of them trade only one currency pair, and the rest cope with many. Therefore, you can choose the number of CPU cores you need:
- Solo VPS ‒ 2.3 GHz (1 core);
- Pro VPS ‒ 2.3 GHz (1 core);
- Xpert VPS ‒ 4.6 Ghz (2 cores);
- Guru VPS ‒ 6.9 Ghz (3 cores).
Storage Capacities (SSD)
The enterprise-grade SSD determines the size of the storage you can use to store data. If you do not use complex trading strategies, a large number of technical indicators, and numerous trading pairs, you probably do not need a large storage. In this case, consider choosing a cheaper VPS hosting plan. If you want to scale your trading activity, you can easily switch to a higher tariff:
- Solo VPS ‒ 30 GB SSD;
- Pro VPS ‒ 35 GB SSD;
- Xpert VPS ‒ 40 GB SSD;
- Guru VPS ‒ 50 GB SSD.
Note that the provider offers enterprise-grade SSD as storage, not consumer-grade SSDs. This technology is more reliable and provides higher speed and efficiency of SSD operation.
Number of MT4/5 Terminals
If you want to run several trading terminals on your VPS, you will need more RAM. Therefore, if you are not going to limit yourself to 1‒2 trading accounts, choose a more advanced VPS hosting plan. Working with several MT4/5 terminals, you can apply different trading strategies and connect to the services of different brokers. Therefore, by choosing services from MyForexVPS, you get unlimited opportunities for scaling your Forex trading:
- Solo VPS ‒ 1-3 terminals;
- Pro VPS ‒ 1-6 terminals;
- Xpert VPS ‒ 1-10 terminals;
- Guru VPS ‒ 1-16 terminals.
The Bottom Line
The cost of renting a VPS server is very insignificant, especially in comparison with the profit you can get on Forex. MyForexVPS has located its data centers in close proximity to leading brokers. This approach guarantees low latency and fast execution of all orders. If you cooperate with only one broker and trade a small number of currency pairs, you can pay for a basic VPS hosting plan, which is only $11.99 per month. However, the features you will get with this plan will significantly improve your trading activity and increase your profitability on Forex.
