Hi all,

thinking of using a VPS service other than thru mql5 witch ones are you using and why?

@jacpin2002: Sounds interesting. What’s the name of your VPS/broker?

Does anybody know how much CPU power MT4 uses compared to MT5?

Thanks 🙂

Hello guys,

before placing it all on local computers I used Contabo VPS services. Please, do not take it as recommendation, but they were just fine.

Also, they have huge variety of plans. More, they are not connected with a broker, and personally I would not place my EAs with broker’s VPS, specially the one that I use for trading.

Hey Jacpin,

with the VPS service the price really depends from the specifications of the VPS you select. Go easy with small, and when it starts to get slower when you place more MT terminals, than you will need to update it.

I think much better to have 2-3 desktop computer + laptop if you travel. Yeah, it is investment, but in longer term it will recover.

Hey, Andi, that is investment man! Not everyone can afford it. Most people are skeptical about trading and they want to see first some results before investing in equipment.

Right, everyone has it’s choice how to trade, depending on what can be afforded. Just like there are people trading with thousands in the accounts and there are some with 100-200 dollars.

The important is to start smart, and slowly. No big risk. Easy.

I agree with Andi! It is better to invest with home equipment, and to spend less or nothing for VPS services or other things that will not last with you.

Hello Jacpin,

I have never thought about that, I do not think it is really a cost… I mean I have so many electrical appliances, that the PC I think is the lowest in cost.

I think it is a small cost too. Specially if it is a regular computer, not a heavy server.

Well, I can say it is small, digging Bitcoins is huge cost 🙂

Regarding the VPS service, if I take one, can I monitor it from a tablet or phone when I am away?

Hello Kiro,

yes, I think you can connect the VPS to the tablet.  You can do it with the Remote Desktop Connection. Just install one on your tablet, and connect it with the VPS.

Cheers,

If you want to follow the reslults of your trading portfolio, you can monitor the account from the FX Blue. You just need to update the page everytime.

That is actually how I follow results when I am outside 🙂

Anyway, with the time I learned not to check too often, that is the idea of algorithmic trading anyway. But I know curiosity is very strong when trading.

So if you just want to see how the EAs perform and where is the account, it is better to use the website for stats.