Virtual Private Server
The use of an MT4 expert advisor that manages a trade requires that your computer always be on and connected to your broker's server. For many traders, that's not always possible. A solution for this is to rent a virtual private server, a VPS. This allows you to load and run your trading platform and EAs on a computer that is always up and connected to your broker. There are many VPS's available. We have chosen the one from SWVPS--it works well for us and the price is right. However, if you are a power user, let's say you want to trade more than 6 trading accounts/platforms, then you might consider a more expensive VPS with more memory.
The Benefits of a Virtual Private Server:
You DO NOT need to have your computer on when using a VPS
to host your trading platforms.
You will never worry about your Internet or computer slowing
down or crashing to keep you out of trades.
The server is fully dedicated to your trading platforms with no
other applications running.
The server is redundant and climate controlled which practically
eliminates outages of your MT4 platform.
The servers have professional security and firewall measures
installed so your trading platform will be hacker free unlike your
home computer.
You can continuously run your EA’s and Robots worry free 24/7.
MT4 email alerts can be sent from the server to your home PC.
News Trading software runs faster on the VPS than on your home PC.
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