i am a beginner in Trading.
I don't know anything about VPS.What is VPS, somebody please explain it...!
What is the use of VPS for Forex traders..?
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i am a beginner in Trading.
I don't know anything about VPS.What is VPS, somebody please explain it...!
What is the use of VPS for Forex traders..?
Virtual private servers (vps) are the servers which help you run your trades or mt4 platform round the clock so that your trades can be done 24x5
if you are a beginner there is no need for it. vps will be required if you use a robot or EA to do automatic trading. And it will cost you money to use it
Its a server, that able to run software which you can access remotely. You know, if we use EA in our platform. Then, we don't switch off the platform. In this situation, we go for vps to run the platform in all time. If you are small trader, then this is not suitable. Its costs you monthly.Quote:
Originally Posted by amscalicut
VPS is Virtual private server We use this when you have a EA (expert advisort) robot and the robot is to be left to work alone and you can closed your PC ; it installs metatrader in the VPS this way the robot remain normal work good luck
I did not know about this before, but now i am quite clear ... it is similar to having a web host where instead of having your database of webpages stored, you keep EA running on your account. So no need to keep your computer running for day and night, well it will sure be a good idea if it does not cost very high.Quote:
Originally Posted by wolfkamikaz
VPS means Virtual Private Server and traders who trade with EA or robots use this as the speed is fast and it is more secure to use it.
Quote:
Originally Posted by yogesh
yes it's the same purpose for a web host y 'VPS forex trader is a specialized all y' broker now offering free VPS hosting as it's called your forex account is not like that you forced to stay in front of the PC all day
VPS stands for Virtual Private Server. It is just like website on which you put your account and EA or Forex Robort which trades for you 24 hours while your PC is off. Just think it in this way that , as you have a website then you require a web hosting company to host your website, and you also pay for web hosting. Similar is here you pay for your account hosting.
If you are beginner , you should use it , when u got much experience in forex and have a huge investments for forex.
I heard from others that this server is not free. So , u should have some some extra money for vps .
Vps is of use for the high level traders who have all time eye on up and down of market.
Though i had some idea about this , this post cleared my other doubts too. Small traders in the beginning of there career can not afford the use of such service. so it is better to think about this once we get enough money and good EA.