To do Forex trade, you will need a Forex-optimized Windows VPS which could running a trading platform continuously 24 hours a day and 7 days a week at a cheap affordable price. The Best Forex VPS Hosting in below are always able to remain online so customers can rest assured that their PC will be kept on all the way even when the power outages.
Top 3 Best Cheap Forex VPS
Best Forex VPS Hosting – Bisend
Bisend has a group of Windows experts who could develop and maintain various price-valued Windows-based products and services. Due to the top-level data centers, lightning-fast speed, quality customer service and competitive pricing, Bisend repeatedly ranks the NO.1 on the best Windows web hosting list.
Powered by Hyper-V technology, Bisend Windows VPS hosting offers more elaborate integration of OS and virtual server. Every customer can have access to full OS customization. The web host makes it possible for them to manage all aspects of their Forex VPS hosting using an enhanced WebSitePanel, including start, shutdown, reset, plus some advanced functions like ISO image mount, system re-installation, Snapshot taking and restoration, and more.
Three Forex VPS hosting solutions are available at Bisend. The entry level solution packages 2GB of RAM, 2 core processor, 60GB SSD disk space, 3TB bandwidth, and 1 IP address. Every customer is ensured full administrator rights and full system backups as well.
The starter price of the hosting service is set at $59.95/mo. Customers can choose from 1 month, 3 months, 6 months, 1 year, 2 years, and 3 years billing cycles. Bisend Promotion helps make the price reduce to $35.95/mo based on a 3-year plan, namely 41% off monthly price.
Bisend ensures all Forex trading platform are hosted on the latest Dell servers with BGP technology, fully redundant power supply, Cisco hardware firewall, plus high–performance SSDs and fault tolerant RAID disk arrays. Housed within a state-of-the-art data center in US and Hong Kong, Bisend Forex VPS servers are able to deliver quite fast speed and maintain 99.9% uptime.
If customers have any issue to consult professional technicians, Bisend support staffs are ready to give help 24/7, and 365 days a week. They can be contacted via email and live chat around the clock.
High Performance Forex VPS – LiquidWeb
LiquidWeb(www.liquidweb.com) has been around since 1997. The web host is known for providing highly reliable VPS hosting and dedicated server, running with both Windows and Linux platform, and along with self-managed, core-managed, and fully-managed three levels.
Built with The Storm Platform, LiquidWeb Forex VPS hosting enables customers to enjoy redundant great cloud features, for instance, instant provisioning, free Storm firewall, RAID protected SSD VPS, real-time monitoring, easy scalability, free incoming bandwidth, API access, Plesk, and more.
LiquidWeb has launched 3 Forex VPS hosting solutions in all and customers are allowed to customize their packages by choosing the OS, bandwidth, backups, and IP address. Basic hosting resources included in the smallest size are 4GB RAM, 100GB SSD disk space, 4 core processor, 10TB monthly transfer, and 1 public IP address.
The latest LiquidWeb Coupon makes its Forex VPS hosting relatively affordable from $74/mo.
As a result of the three top of the line data center facilities in US-Central region privately owned by LiquidWeb itself, plus an additional presence in US-West region, LiquidWeb creates great geographic redundancy for all Forex VPS hosting customers. It also makes use of premium Tier-1 bandwidth providers, CloudFlare CDN, and SSD technology to optimize speed. For better securing each Forex VPS hosting account, the web host configures every server with ServerSecure, DDoS attack protection, and local site backups.
Backed by the industry-leading Heroic Support team, customers will never need to worry about any technical issues, let along the amazing SLA’s guaranteeing everything from response times and hardware replacement to compensation from downtime. If you are looking to know more details about LiquidWeb VPS hosting for Forex trading, please visit www.liquidweb.com to find out.
Cheap Forex VPS – HostWinds
Established in 2010, HostWinds is the home of cheap hosting solutions. In the past 10 years, the web host has helped over 400,000 customers host more than 500K websites, WordPress blogs, and applications.
Regularly starting at $16.99/mo, HostWinds Forex VPS hosting is one of best cheap VPS hosting solution for Forex in the industry. Even better, the web host allow their new clients to receive a 53% off to make the price low to $7.99 to start with.
Along with the prime plan are rich features, such as 30GB SSD storage, unlimited bandwidth, unlimited domains, unlimited MySQL databases and 1 dedicated IP address. Standard features like PHP5/Perl/Python, RVM, Nginx, one-click installer, SVN, SSH, Crontab access, and many others are also offered within every plan. HostWinds web-based control panel allows customers to add and manage multiple virtual servers with ease. And the Ubuntu Long Term Support promises to give years of security updates so that customers won’t suffer from nay less downtime and security holes.
HostWinds Forex VPS hosting represents that it shall make every good faith effort to ensure that the server is available as widely as possible and with as little service interruption as possible. The hosting company is utilizing more than one data centers from Alchemy Communications so as to keep 100% network uptime. Integrated with cutting-edge SSD technology, no wonder why HostWinds VPS servers are able to maintain outstanding performance at the same time.
In case customer need to consult professional technicians or experts when encountering with some problems, HostWinds offers unlimited 24/7 support service. All the Forex VPS hosting plans are backed by an in-house support team and can get through to via 24/7/365 live chat, Twitter, and live chat. More details of the hosting solution can be found at www.hostwinds.com.
Forex Trading: Some Things You Should Know
Forex Trade, also known as FX Trade or Currency Trade, is a specialized term used to describe the exchanging of one currency for another. Just in the case of exchanging U.S. Dollars to RMB. In the foreign exchange market, this is viewed as buying RMB while simultaneously selling dollars. As forex trading always involves two currencies, namely the two currencies are traded in the form of a currency pair, while the exchange rate the currencies based on are provided by dealers in forex trading market.
This post is going to bring with a comprehensive introduction to forex trading, including the definition, pros and cons, how to trade forex, as well as the reasons of using VPS hosting in forex trading.
What Is Forex Trading?
The answer is simple: forex trading means the process of currencies of various countries traded in forex market. Whether you realize it or not, currencies place a very important role in you daily life. If you are looking to conduct foreign trade and business, you need to exchange currencies first.
Assume that you are living in the U.S. and plan to buy tea from China, either you or the company that you buy the tea from has to pay the Chinese for the tea in RMB. This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars into RMB. The same goes for traveling. A British tourist in Thailand can’t pay in English pounds to see the Grand Palace because it’s may not the locally accepted currency. Due to that, the tourist has to exchange the English pounds for the local currency, in this case the Thailand Baht, at the current exchange rate.
What makes the forex market the world’s largest and most liquid financial market is the need of exchanging currencies. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day.
No central marketplace for foreign exchange may be the most significant aspect of this international market. All currency trading are conducted through an electronic way—over-the-counter (OTC), meaning that each transaction occurs through computer networks between traders around the world instead of on one centralized exchange. Currencies are traded throughout the world around the clock in the major financial centers of New York, Frankfurt, London, Tokyo, Hong Kong, Zurich, Paris, Singapore, and Sydney as the forex market keeps open 24 hours a day, five and a half days a week.
Pros and Cons of Forex Trading
If you intend to trade currencies, understanding the pros and cons of forex trading will be helpful for you.
- In any of the major currencies, the forex market allows you to easily enter and exit a position within less a minute as it is the largest market in terms of volume traded in the world thus being able to offer the most liquidity.
- You as a trader can control quite large positions with relatively little money since banks and or brokers have offered large leverage. As such, you need to make clear of how to correctly use the leverage while being aware of the risks that leverage comes with. Only when the leverage is used judiciously and cautiously can it be able to provide benefits.
- The forex market trade 24 hours around the clock, which means that you can trade at any time of day or night that is comfortable for you.
- There are many online services and tools out there can be used to help understand, monitor, and analyze the forex market, plus start trading within a few clicks. Making use of some automated trading software to make trades at the right time and in the right situations with ease is also a significant advantage of forex trading.
- The forex market is too big to accurately predict where to invest your money, making it possible for to you lose your money in seconds;
- Trading currencies needs you to have a big picture understanding of the economies of different countries and their interconnection so as to get the fundamentals which drive currency values. Otherwise, your money might easily be stolen by the scammers.
How to Trade Forex Online?
Forex trading makes it possible for you to make much money beyond expectation even with putting just a little into your original investment, the premise is strictly following the guides in below.
Step 1: Learn Forex Trading Basics
Before start trading forex online, you should understand some basic forex terminology like the base currency, exchange rate, long position, short position, bid price, ask price, and spread. Then learn to read a forex quote, and decide what currency you want to buy and sell. As well, understanding how to calculate profits is also important for you.
Step 2: Open an Online Forex Brokerage Account
In order to find a reliable brokerage, you need do some research on different brokerages in advance, and request information about opening an account, fill out the appropriate paperwork, and then activate your account step by step.
Step 3: Start Trading Forex
Keep your eye on the forex market, using technical analysis, fundamental analysis, and sentiment analysis to analyze it, determining your margin, placing your order, and watching your profit and loss.
Consider Trading Forex on a VPS
You can choose to starting forex trading on your own computer directly, or you can also consider trading on a VPS or dedicated server instead. Here we strongly recommend to get started with a high quality Forex VPS, because a VPS server allows you to:
- Trade anywhere. If you don’t feel like trading forex on a mobile device or a laptop, or if your broker fails to support mobile trading but requires a download, the VPS server enables you to connect to your platform from anywhere as long as there is a network connection.
- Trade even if your power goes out. With a VPS service, you can install an automated system to help continue to trade even when your power outages and without you monitoring it.
- Robust security. Usually, a VPS solution from a reliable web host offers you the best possible security and minimum 99.9% uptime so as to ensure your system is safe and stable.
- Reduce your slippage. Compared to a computer, a VPS server can execute your trades more quickly as a result of the much faster transmitting orders. Therefore, you can get rid of less of delay and less of slippage thus reducing losses and unpredictability as well.
Keep in mind that a VPS server can be an expensive service. If you are still unsure about how to choose a reliable VPS hosting plan, consider our recommendation of LiquidWeb, and Bisend – who are right on our Best Forex VPS Hosting list.