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Agree, money should not be spent if the results are not there.
I took my second computer when I did my first profits with the EAs. This way I removed the Forex VPS. Now I run it all on 4 machines.
A new trading machine should be taken when it is really needed. Forex VPS is a meantime solution, and at the same time, it is extra cost monthly.
I took for one month Forex VPS, but then decided to take a laptop. I have a computer, so a laptop + computer is just fine. I run totally 7 Meta Traders without a problem.
Hello Mery,
I agree with you that if you do trading as a hobby or part-time job, laptop + computer is more than enough. Forex VPS is really not needed.
Cheers,
I agree with that. No need to spend money on Forex VPS, and at the same time to place my EAs on some server… no way
The thing is that some of the traders do not like to keep their computers on all the time. That is why they look for Forex VPS.
Guys, just to share something (again Petko was correct but I did not listen).
I kept the Forex VPS for some of my accounts and I notice that the trades were not opening at the beginning of the bars. I saw there was lagging..I connected my broker and asked them what is the reason, they said it is from the EAs.
I compared the very same EAs trading on my personal computer and the ones on the Forex VPS and guess what?
no lagging with my computer, only on the VPS…
now I will look for VPS that is not coming from any broker, or I will buy another machine. The problem is thatI have already 9 platforms, and I need extra machine…anyway I will solve it, but once again, do not depend on the Forex VPS that your broker will offer you.
Thanks, Jacpin!
I saw somewhere in the forum Contabo, and since you confirm it works without issues, I will give them a try.
Yes, I have tested before Contabo(probably have shared it with Jacpin) and they are just fine. They are independent of Forex which is good.
Hi, Thanks so much for sharing this! I have taken one of the plans and working on transferring all platforms. I will take me a couple of days.
Hey Petko, just to let you know, it works fine for me so far! Yes, I know you do not recommend it, but it is nice you share because you saved me a lot of time to struggle around.
How does the Forex VPS work? Is like a virtual computer where we install the Meta Trader and place the Expert Advisors? What makes it different from using the personal computer?
