MetaTrader 5

It can be very difficult to identify the best VSP service for MetaTrader 5 out of the numerous companies advertising for similar services. But these companies are not equal by a long shot, and there are some important differences you need to consider before picking one. To help you narrow down your choices, we picked the 3 most popular Forex VPS services in the world based on user reviews to compare and find the overall winner. These are PiVPS, FXVPS, and FXVM.

VPS Service Rating Location Starting price (monthly) Memory
PIVPS ✦✦✦✦✦ London, New York $9.95 25GB SSD

 

1.5GB RAM

1 Xeon E5 CPU cores

FXVPS ✦✦✦✦ New York, London, Amsterdam, Montreal $4.99 512MB RAM

 

16GB HDD

1 CPU core

FXVM ✦✦✦✦ New York, London, Amsterdam, Zurich, Frankfurt, Singapore, Hong Kong, Tokyo $19.00 1 CPU core

 

1.5GB RAM

40GB SSD

The table above shows a summary of each company’s services based on four important factors you need to consider. From this comparison, you can see that PiVPS ends up with the highest rating of the three, and here’s why.

Superb services

The main advantage of a Forex VPS and the reason traders subscribe to one is that it enhances trading speeds by reducing latency. Hedge funds, institutional investors and professional traders all seek office space in Wall Street because of its proximity to exchanges for stocks, options, commodities and futures. Basically, the shorter the distance to these exchanges, the shorter the distance trade commands have to travel for execution and thus faster execution.

The Forex market is no different, which is why a VPS located close to an area with numerous interbank players can enhance trading speeds. PiVPS has its data centres located in London and New York which are hotspots for Forex trading activity, therefore latency is very low. Indeed, ping time for PiVPS clients is reduced to between 5 and 10 milliseconds, which is much faster than you would get from your PC or smartphone.

Value for money

You would think that these services would be very expensive, but this is where PiVPS really shines. As you can see from the table above, services start from $9.95 a month and this is already capable of handling up to 3 MetaTrader 5 platforms concurrently including any additional expert advisors and technical indicators. Compared to the rest, FXVPS may be cheaper at the lower tiers, but latency may still be high due to the use of HDD rather than SSD. To get equivalent services with this provider would mean paying more than even the most basic package from PiVPS. On the other hand, FXVM is almost double the price, with no discernible difference in service, which only makes it expensive.

Winner in providing VPS for MetaTrader 5

For these reasons, PiVPS is the best for providing excellent services at a reasonable price to any trader regardless of their needs.

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