FxPro partners with BeeksFX VPS to offer new MT4 automated trading
FxPro partners with BeeksFX VPS explained by professional Forex trading experts the “FxPro partners with BeeksFX VPS ” FX trading team.
FxPro partners with BeeksFX VPS
Leading forex industry broker FxPro has announced that it is partnering with BeeksFX VPS to offer a new VPS for MT4 service. VPS (see explanation below) is essential for forex traders who prefer to use automated trading strategies. For forex traders who want to use EAs on the MT4 platform, trading using a VPS can make the difference between a profit or a loss, as VPS reduces latency (the time it takes for an order to be routed to the servers for execution) to between 1 and 5 ms — and lower latency results in a higher chance of an order being filled at the most competitive price.
Other BeeksFX clients include forex brokers FXCM, AxiTrader, Alpari, LMAX, and Forex.com.
So what is VPS, or Virtual Private Server? A Virtual Private Server is a dedicated piece of a server in a high specification data center. It is built to never fail, providing automated traders comfort that their MT4 platform will always be on, taking and closing trades as it should.
The VPS runs on high end servers, has multiple networks feeding it, has no single point of hardware failure and so will be more reliable and secure for forex trading. If you combine that with the reduction in latency (see below) achieved by using a VPS, it is a must for people trading forex using EAs.
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