How to Set Up a VPS Server for Forex Trading
If you are trading in the Forex market (foreign exchange market) through your desktop computer, there is always a risk of electricity and internet outages that would prevent you from trading, which may lead to huge losses. If you buy VPS hosting to support your trading platform, this can be easily overlooked. In addition, if you are using a Forex expert advisor to perform your trading functions, a Forex VPS automatically becomes essential as the Forex VPS can operate around the clock without any interruptions.
If you VPS hosting to host your Forex trading software, it will give you the opportunity to access your Forex account from anywhere in the world, without the need to carry your laptop or the desktop. You can trade from any place in the world with your Forex expert advisor by simply logging in to your virtual private server.
How can you set up a Forex VPS for Forex trading without any interruptions?
- First thing you have to do is setting up a shortcut from your local PCs desktop to go to your Forex VPS. Right click on the desktop and choose “New”. Then go to “Shortcut” and click it. After that you will be asked to enter the IP address of the Forex VPS server you own and then to give it a name. Once you finish this, it will be helpful to you as you will be able to access your Forex VPS server by simply clicking on the shortcut icon on your desktop you just created.
- Next you have to upload your preferred Forex Expert Advisor in to your Forex VPS server. Each Forex VPS will have a different technique to do this. After you buy VPS hosting, you will have to upload the files using a file manager that would take the expert advisor files from your laptop or desktop PC into the Forex VPS server. Now you can just install your Forex trading platform on the VPS sever.
- Double click the installation icon of your expert advisor. The installation wizard will open in your Windows VPS. Using the wizard you will be able to specify the destination where the application must be installed.
- Now set up the Forex expert advisor on your trading platform. After installing and configuring it you can just drag the Forex charts into it and start trading. In addition, you can also enter the lot size here. After making the necessary settings, you can simply log off from your Forex VPS server and the expert advisor would continue trading for you.
After you setup your Forex VPS server, you can trade on the Forex market without any worries and just focus on the trading.BACK TO ARTICLES