Managing Forex Robot on a VPS

VPS is a dedicated computer system , where you can host our Forex robot .If you have been using an automated forex trading system such as FAPTurbo or Forex MegaDroid then a VPS Forex service might just be what you need. There has  been a lot of positive word of mouth recently about the 2 forex trading robots and how they have been making their users tons of cash. But how many of us know how to make use of these automated systems optimally?

As all automated Forex trading systems require that you computer with internet connection be turned on 24/7 because the software is installed locally on your computer, this could lead to some drawbacks that you might not have previously considered.

1. Since the software can only be running when your computer is on, it can only execute trades for you that way. Think about how much more you’ll have to pay for your electricity bill if you leave your computer on the whole day and night every single day.

2. Depending on how powerful your computer is, you shouldn’t be running too many applications while the robot is turned on, otherwise it might affect the performance of the robot. If you aren’t using a state of the art computer like 99% of us, then you might need to get a dedicated machine just to run your Forex robot, and that’s a lot of upfront cash required!

3. The prolonged usage of your PC might cause it more wear and tear and you might need to send it in for repairs more regularly, increasing expenses and more importantly, causing a downtime where you’ll not be able to trade and thus lose out on potential profits.

4. You’ll need uninterrupted internet connection in order for the expert advisers to get regular price updates and place trades. Imagine if it placed a trade for you and your internet connection got cut off suddenly. You’ll be in a disastrous position of having a live trade hanging in there without an opportunity to close until you fix your internet connection. This could result in a loss! Because of this, never ever try to run a Forex robot on a dial-up or wireless connection or if your ISP has a history of frequent disconnections. A reliable broadband connection is a must!

But does that mean that you shouldn’t use automated Forex trading systems? Of course not! All these factors have nothing to do with the software themselves, which have proven records of making phenomenal profits. That’s where a VPS Forex service comes in.

VPS Forex means a Virtual Private Server for Forex traders where the MetaTrader 4 platform is installed in a server which you have access to. If this sounds complicated to you, it actually is really simple. If the VPS Forex provider is running a Windows operating system, then it would just be like running the robot on your home PC. All you need to do is to login to your server account and the Windows desktop will appear with MetaTrader installed. You run it exactly the same way as at home. Some VPS Forex providers have already pre-installed the better robots such as FAPTurbo and Forex MegaDroid, but if your preferred robot isn’t in that list, just go ahead and install it normally just like you would at home.

Using a VPS Forex services comes with certain advantages:

1. You don’t need to keep your computer on 24/7 and incur higher electricity bills. A good VPS Forex provider should have redundant power supplies so that in the event of a failure, your system would still be running or can be brought online quickly.

2. You can use your computer to run CPU and internet intensive applications without worrying about how it’ll affect your robot.

3. All good VPS Forex vendors should have data center quality internet connection that is much faster and more reliable that the ones offered for home users.

4. You don’t need to worry about your computer breaking down, viruses, spyware, etc as the VPS Forex provider will have support staff on standby to fix these issues when they occur with little or no downtime for you.

If you’re serious about making money through forex with an automated forex trading system, then a VPS Forex service combined with a robot with a history of profitable trades such as FAPTurbo or Forex MegaDroid will provide a truly “hands off” experience. And the good news is that you can get a good VPS Forex service for as little as $35/month. With the potential monthly profits that you can be making with a robot, this is truly a no brainier!