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What is VPS and what can it do for you?
If you had a free VPS account???... How/What/When/Why would you use it?
Does anybody have any experience with VPS, I’m and old fart and want to try to keep up on this new stuff.
Eric,
VPS is Virtual Private Server. Let says you pay someone to have a computer access remotely. You can use any computers or laptops to access your files or programs on that server. You can work on the server anytime, anywhere, e.g. airports, buses, or train stations. VPS has another name Web Hosting.
VPS in Forex is the place where you install your MT4 platform and access remotely. For example, GallantFX.com and IamFX.com and other brokers may give you free VPS services; however, you must meet their requirement, e.g. maintain a live account at a certain balance.
Read this paragraph carefully because I will instruct you how to create a VPS at home for free.
First, you need to find an energy efficient desktop computer. I recommend AMD computer over Intel because it is faster when needed, low idiling energy use. Since you only use this computer to access MT4 platforms or other trading softwares, you do not need a powerful computer.
Second, use the
www.logmein.com service online, they give you 14-days trial. They will help you setup your computer. If you decide to continue their service, you would have to pay a yearly fee. If you decide not to pay, they will give you free basic service for life, e.g. logon to your dedicate computer remotely.
VPS is great trading server for those who travel or on the street most of the time. There is small fee you have to pay to maintain VPS service. However, use
www.logmein.comservice to access your dedicate computer at home for free, you would need a computer on 24/7 to trade Forex market.
Best,
Happy Trading