VPS for Forex - And full managed or self managed?

Hello. I see that ForexVPS' are more expensive. Can I use a normal (not forex) windows VPS for Metatrader?

And self managed - or fully managed: Is it important and which to choose from?

What service is the best being cost effective? Can you suggest a company?

I don’t really know much about VPS but I think FXVM got a good one

Thank you.

I use ForexVPS $14.99 monthly. It is a package if you have an IC Markets Account.

all good, service, algos executing as expected.

Thank you.

You can take trials from these 3 as well and see if their services suits you or not -

Google GCP
Amazon AWS
Microsoft Azure

Regards

All of these 3 are reputed companies and they cloud infrastructure is very robust. Although they do charge a premium over other vendors.

And if you are looking for cheaper and yet reliable options then the above 3, then you may also consider to checkout the VPS services of "Contabo". They have been in this field for a long time and they provide good service overall.

Thank you for all the replies!...

For Forex trading, it is advisable to use a VPS in order to have low latency and 24/7 uptime. If managing servers is not your cup of tea, than the fully managed VPS will be the best option. The self-managed VPS is only for those who are very familiar with the technical side of things. Moreover, for the best performance, select a VPS nearby to your broker’s servers.

Yes, a normal Windows VPS works fine for MetaTrader as long as latency to your broker is low and uptime is stable. Managed vs self managed depends on your skills. If you are not comfortable maintaining Windows updates and MT restarts, managed is worth it. For cost effectiveness, non forex VPS providers near your broker’s server location often perform just as well.