VPS Reviews

What is a VPS?

It stands for Virtual Private Server, some people know them as Cloud Computers. It's basically a remote computer that runs 24/7 somewhere else in the world and we use it to run our MT4 platforms. The VPS is necessary to avoid connection issues with our brokers during market moves, if you're running an EA and your connection drops out it could result in huge losses because many of the EA's don't have a defined stop loss. The VPS also helps connection and order execution speed if it is located close to your brokers servers.

I’ve used all of these VPS’s in the past. At the moment I have accounts with Galaxy Visions and BeeksFX.

  • Forex EA VPS Review
    • Server Location: Bulgaria
    • Promotion Code: LFT

Forex_ea_vps are one of the most affordable VPS providers in the market. They are based in Bulgaria, and surprisingly have excellent customer service via email having always replied to my inquiries within 2 hrs. They also offer free EA's with some of their more expensive plans, however I haven't tested them.

Their service works well if you're running your forex EA off a 15 minute chart or higher. Due to the latency (time to process orders) between their server and most brokers, scalping EA's such as Million Dollar Pips won’t work.

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  • Good
    • Affordable
    • Responsive customer service
  • Bad
    • Server location is too far from most brokers resulting in slow order execution times. (It was 320ms between Pepperstone and their server for example)
    • No live chat option
  • Galaxy Visions Review
    • Server Location: New York
    • Promotion Code: liveforextrading.info

Galaxy Visions are currently one of my active VPS providers, I’ve been with them since September 2011 and am currently on the basic plan.

The VPS server is based in New York and close to most of the major brokers. I recently did a latency test (order execution time) from Pepperstone to Galaxy Visions and the time was only 7ms. The support is good with fast responses via email and live chat. They are also more affordable than most of the major VPS providers.

Their customer service isn’t great. In the past they would occasionally reset my VPS without telling me during market ours to conduct an update without notification, this resulted in some fairly heft losses for me and they didn’t even offer an apology. After I complained a number of times they made an alteration to my VPS and  I haven’t had a reset since.

I like their VPS because the connection to my desktop computer is fast. The speed is very similar to my standard desktop, so I find it good for some of the semi-automated strategies that I use that require some discretionary analysis. Other VPS’ that I’ve used experience about a 2 second delay between the mouse click and a response on the screen.

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  • Good
    • Server Location in New York
    • Fast user response from my desktop
    • Live chat option
  • Bad
    • Customer service is pretty poor
  • BeeksFX Review
    • Server Location:London

I run a number of my EA’s on Beeks FX VPS and I’m currently on the Silver Plan with around 8 copis  MT4 platforms operating. Their servers are based in London and while they have only been established for a short period of time, I’ve found their standard of service to be really good.

I’ve been using them since November 2011 and the service only dropped out once. In response offered they offered all their users me a free months VPS as an apology.  The latency to Synergy FX server is unbelievable at 1ms. Synergy FX also offer to pay their monthly fee if you deposit over $5k with them (but you need to ask your account manager at Synergy, they won’t volunteer it).

I definitely recommend BeeksFX if you’re looking to run a fast executing scalping EA like Million Dollar Pips.

  • Good
    • Server Location in London
    • Very responsive customer service
    • Live chat option
    • Virtually no server downtime
  • Bad
    • They’re expensive