ForexVPS.net
ForexVPS.net is a popular Forex VPS (virtual private server) provider. They offer traders a safe and fast trading environment for executing flawless trades (manually or through automated trading software such as MetaTrader 4) with no downtime and improved accessibility.
Features
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Fast and optimally located servers for low-latency trading (as low as 1 ms)
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100% uptime guarantee ensuring 24/7 trading with high availability
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24/7 responsive technical customer support via live chat and email.
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Offer redundant servers, ensuring no data loss
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Provides 22+ close server locations powered by Equinix, including New York, Chicago, Dubai, Paris, etc.
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Highly secure infrastructure with DDoS protection.
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Easy integration with MT4/MT5.
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Comes with easy connectivity with a downloadable desktop .rpd file or in-browser.
Pros
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24/7 available technical support
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100% uptime so that no trades are missed
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Affordable plans with good upgrade options
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14-day money-back guarantee
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Compatible with all types of Expert Advisors (EAs)
Cons
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No support via phone
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Lack of transparency in what they offer
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Only supports the Windows platform
ForexVPS.net Review Methodology
Geekflare tested ForexVPS.net through hands-on Basic plan. We evaluated key features like low latency, uptime, ease of use, Meta Trader, and reviewed user feedback from various UGC platforms to deliver a detailed analysis and unbiased review. Learn how we test.
What is ForexVPS.net?
ForexVPS.net is a Forex VPS hosting provider ideal for 24/7 Forex trading using Expert Advisors (EA) automated bots for automated algorithmic trading. It provides traders with a trading VPS solution that offers zero downtime, excellent stability, and robust security.
ForexVPS.net offers VPS and dedicated servers, ideal for:
- Individual traders who want to run manual trades or automated trading bots
- Institutions running their complex trading strategies with dedicated resources at their disposal.
ForexVPS.net was founded in 2012. It is under the ThinkHuge company, which has headquarters in Hong Kong. Until now, they have served 2M+ customers.
ForexVPS.net brings multiple benefits to the Forex traders, including:
- Ultra-low latency: They offer reduced latency by providing fast and optimally placed server locations close to forex brokers such as AvaTrade.
- Uninterrupted trading: Provides high availability via its 100% uptime guarantee (SLA-backed).
- 24/7 customer service: ForexVPS.net provides 24/7 customer support via live chat and email.
- Redundancy: ForexVPS.net’s VPS for Forex ensures adequate redundancy to protect against data loss due to server issues or malicious attacks.
- Auto-startup trading platforms: Restarts MetaTrader automatically after the VPS restarts.
- Locations close to brokers: Offers locations close to the largest brokers, such as Saxo and Pepperstone, for low latency and fast trades.
Anyone with Forex trading requirements can use ForexVPS.net, including:
- Forex Traders: Individuals who want to trade in global currencies aim for high-availability VPS hosting for forex trading.
- Automated Trading Users: Traders who wish to run Expert Advisors/Bots to automate trading using their custom trading strategies.
- Institutional traders: Institutional traders who trade in high volumes using multiple terminals without any performance loss.
Types of Hosting ForexVPS Offers
ForexVPS offers 2 types of hosting services.
- Forex VPS hosting
- Forex Dedicated hosting
Forex VPS hosting: ForexVPS.net VPS hosting offers affordable Forex VPS and cloud servers for traders. It is aimed at individual traders who want a simple-to-use trading environment. Some of the notable VPS hosting features include:
- Fast execution time of 1 millisecond.
- 100% uptime guarantee ensures uninterrupted trading.
- Lighting-fast SSD
- Support for trading bots and Expert Advisors
- Simple setup process that takes only 5 minutes
- Support for most trading software, including MetaTrader 4, MetaTrader 5, NinjaTrader, and others.
- Dedicated IP address for carrying out forex trading with complete security
- Ability to carry out high-frequency trades with an optimized 10 Gb/s network interface.
Forex Dedicated hosting: ForexVPS.net’s dedicated servers are high-performance servers capable of carrying out high-frequency complex trading strategies. It is best suited for institutional traders as it ensures 100% dedicated resources.
Some of the Forex VPS Server features include 22 prime server locations closer to brokers, including Chicago, New York, London, Tokyo, Singapore, and Mumbai – all powered by Equinix data centers.
ForexVPS Features
ForexVPS offers 8 key features, as discussed below.
1. Low Latency Connections: ForexVPS provides low latency connections to all major brokers. This enables traders to execute trades fast and protect them against slippage (the difference between the expected price and the price at which it gets executed).
To give traders a clear idea of what to expect, they offer the broker latency checker that provides insight into the actual latency and the optimal location. They claim latency as low as 1 millisecond, which is true if you choose the closest possible server.
Note: All latency tests are done for MT4 servers, not MT5.
2. 24/7 Uptime: ForexVPS.net ensures 24/7 uptime with a 100% uptime guarantee. This ensures traders don’t miss a single trade, as Forex trading works 24/7.
3. Multiple Server Locations: ForexVPS is powered by Equinix Data Center, which has 22 server locations around the world, including New York, Chicago, Paris, Dubai, and Mumbai.
4. SSD-Based Servers for Fast Performance: Their SSD-based servers offer high performance ensuring that all trades are executed with minimal delay, while offering reliability. It helps EAs perform optimally as well.
5. DDoS Protection: ForexVPS offers basic security protection, such as DDoS protection, where they monitor the network for abnormal activities and mitigate them accordingly.
6. Easy Integration with MT4/MT5: ForexVPS supports most trading software, including MT4/MT5. To ensure smooth integration, they offer detailed guides and tutorials on their knowledge base.
7. 24/7 Technical Support: They provide 24/7 technical support via live chat and email. Their customer support team is responsive and knowledgeable.
8. Easy connectivity option: ForexVPS provides easy ways to launch your VPS, either directly in the browser (requires entering a password) or using a desktop connection (downloads .rdp file and auto-logins without the need to enter a password).
ForexVPS Performance and User Experience
In testing, I found ForexVPS to offer decent performance. I chose the most basic plan to check the baseline performance.
Overall, the experience is decent. However, the user experience could be improved. The Windows UI is slow, but once you set up EAs or use trading software such as MetaTrader 4/5, things will go smoothly.
ForexVPS Use Cases
Traders can use ForexVPS for different use cases as mentioned below.
Automated trading
ForexVPS supports automated trading through the use of trading bots, including EAs. They support all types of EAs until and unless it matches the purchased VPN specifications.
High-frequency trading
Traders or institutions that deal in high-frequency trading (HFT) can take advantage of ForexVPS VPS and dedicated offerings. It gives them the computational power to carry out a large number of orders via powerful computer programs in a fraction of a second. HFT also brings more profit as it utilizes complex algorithmic trading with fast execution speeds.
Remote trading
With VPS, traders can carry out remote currency trading without worrying about location. The ForexVPS provides a safe, fast and secure trading environment.
What Are the Benefits of ForexVPS
ForexVPS for Forex trading offers the below 6 benefits.
- Uninterrupted Trading: With ForexVPS, you can trade without any interruption as they ensure that their server works 24/7 without technical, malicious, or natural interference.
- Low Latency for Faster Trade Execution: ForexVPS provides low latency with up to 1 ms. It also ensures fast trade execution, enabling traders to make more profits without worrying about slippage.
- Increase Stability and Uptime: ForexVPS.net uses Equinix data centers that are known for stability and uptime. They offer 100% uptime to ensure that you never miss any trade.
- Remote Trading: Provides trades the opportunity to do remote trading from the comfort of their home.
- Supports Expert Advisors: Ability to run any type of EAs with the option to run multiple EAs.
- 24/7 Technical Support Access: Get answers to queries and solve technical difficulties with instant 24/7 live chat support.
ForexVPS Pricing
ForexVPS offers 4 plans for VPS. Their pricing is listed below.
| Plan Name | Pricing (Monthly) | Offers | Ideal for |
|---|---|---|---|
| Basic | $20 (1-year term) | 2 GB RAM, 2 Cores, 60 GB SSD, 2022 Windows | Small and new traders |
| Basic+ | $24 (1-year term) | 3 GB RAM, 2 Cores, 80 GB SSD, 2016/2019/2022 Windows | Small traders |
| Standard | $41 (1-year term) | 4 GB RAM, 2 Cores, 80 GB SSD, 2016/2019/2022 Windows | Traders that run EAs and multiple accounts |
| High Freq | $47 (1-year term) | 4 GB RAM, 1 Core (3.4 GHz+), 100 GB SSD, 2016/2019/2022 Windows | Experienced traders managing multiple accounts and doing HFTs |
The dedicated plans of ForexVPS are as given below.
| Plan Name | Pricing (Monthly) | Offers | Ideal for |
|---|---|---|---|
| Dedicated Server | $175 | 16-64 GB RAM, Intel Xeon (6-8 Cores), 2 x 500 GB – 2x 2 TB SSD Storage | Institutional traders running complex trading strategies. |
| Basic+ | $399 | 16-128 GB RAM, NVIDIA A400 GPU, Intel E-2288G (8 Cores) CPU and 2×500 to 2x2TB SSD | Institutional traders that require more dedicated and powerful compute |
Both Forex VPS and Dedicated plans come with dedicated IP addresses for improved security.
Note: The Forex VPS plans come with a 14-day money-back guarantee. The dedicated plans are non-refundable.
Pros and Cons of ForexVPS
Helpful customer support, available 24/7
14-day money-back guarantee on Forex VPS plans
100% uptime guarantee for worry-free Forex trading.
Affordable plans with good upgrade options
Lack of transparency in what they offer.
No phone support
ForexVPS Support
ForexVPS provides 24/7 customer support via two channels: live chat and tickets.
Their live chat offers options including sales inquiry, technical assistance and billing support. They are extremely responsive, and you can get a response within 1 minute (on average). Furthermore, ForexVPS customer support is knowledgeable and answers questions with due diligence.
However, in few cases, they lack clarity when asked about VPS features. This lack of transparency can be a big con for anyone looking for Forex VPS.
ForexVPS Competitors
ForexVPS has many competitors that you can look into. Some of the notable ones include the following.
- AccuWeb Hosting: AccuWeb Hosting is one of the popular managed Forex VPS service providers. They provide installed trading applications while offering maintenance and monitoring. All you have to do is contact them, and they’ll install the trading app for you. AccuWeb Hosting offers complimentary backups for Forex plans hosted on its four servers: Denver, London, Frankfurt, and New York. They are also comparatively cheap, with plans starting at just $9.99. However, they only offer a 7-day money-back guarantee compared to a 14-day money-back guarantee by ForexVPS.net
- Beeks Group: Beeks Group is a great alternative to ForexVPS.net. It offers both managed service and on-demand VPS services, ideal for different use cases, including Forex trading. They also offer dedicated and managed cloud trading infrastructure. They also offer a good fleet of 18 data centers, including New York and London, providing low-latency trading opportunities for trading futures, foreign currencies, commodities, and more.
- VPSForexTrader: VPSForexTrader provides premium Forex trading services with a focus on lightning-fast trade execution. Compared to ForexVPS.net, they have fewer data center fleets, including New York, London, Amsterdam, and Hong Kong – all powered by Equinix. Their servers are optimized for Forex training, powered by tier-1 network connectivity and cutting-edge server technology using SSDs. As for pricing, VPSForexTrader is cheaper than ForexVPS.net, with pricing starting at $17.99.
Who Should Use ForexVPS?
ForexVPS benefits trading for the following.
- Professional Forex Traders: Traders who do professional trading and need a secure and stable trading environment.
- Users running automated trading systems (EAs): They offer automation and 24/7 trading with the ability to customize the bot accordingly.
- High-frequency traders: Traders who execute high-frequency and volume trades with customized strategies.
Some reasons why you need to choose a VPS for Forex are as listed below.
- You need to run trade 24/7
- You need technical support
- You don’t have technical knowledge on how to run and manage your own server
- You need access to high computational power to carry out HTFs with low latency.
Who Shouldn’t Use ForexVPS?
Though ForexVPS makes Forex trading easier, it is still a challenge for newbies. It should also be avoided by traders with very limited trading volume, as it doesn’t justify the VPS investment. Also, traders who don’t use trading bots can skip using Forex VPS.
How to Get Free Forex VPS?
ForexVPS offers a free VPS for traders who trade above a certain threshold. All you need to do is choose a broker and deposit the minimum amount. To know the exact amount, you need to use their tool, where you select the broker(Switch Markets, IC Trading, and IC Markets) and account type.
For example, if you want free Basic+ VPS (2 CPU Cores, 3 GB RAM and 80 SSD), you need to trade 1 lot. In case you don’t trade a lot, ForexVPS will only charge for the missing volume.
To get started, you’ll need to apply from their Free Forex VPS page.
ForexVPS Verdict
ForexVPS.net provides traders a secure and fast hosting for dealing with global currencies. Their data center locations are strategically placed so that it gives traders low latency to carry out their trades.
Furthermore, they support all types of EAs with the option to customize them as per your needs.
Alongside their VPS offering, ForexVPS also offers dedicated servers, which are ideal for institutions that want to carry out complex trading strategies.
Overall, in my ForexVPS review, I found ForexVPS.net a worthy Forex VPS hosting provider.
ForexVPS receives the Geekflare Innovation Award for providing beginner-friendly Forex VPS with low-latency trading infrastructure.
However, ForexVPS needs to be more transparent. For example, they don’t have dedicated feature pages that explain their offering in detail. Customer support is also not open to exchange details, which may stop traders from going forward with their service.
As for plans, they offer affordable options for VPS, but are slightly expensive compared to competitors. They do offer free Forex VPS if you can trade a specific amount (check the How to Get Free Forex VPS section).