Question: Why Forex traders use VPS (Virtual Private Server) for MT4 and MT5 platforms?
VPS stands for Virtual Private Server, and many Forex brokers offer VPS for Free with some conditions of account balance and trading volume.
There are several merits for using the VPS service, instead of running your own PC 24/7.
- Save electricity for your utility bills
- No worries about your PC shutting down for update or other reasons sometimes
- VPS servers are often setup close the trading server of the broker to decrease latency
VPS services are very popular among EA traders, because MT4 deletes all activities of EAs on the platform once the platform is disconnected from internet.
It often happens that your PC was off or the internet was away for a moment, and the EA wasn’t working at all.
It may be too late to know when you open up your PC again.
In order to protect your fund, VPS services are recommended for EA traders.
