For serious currency traders, forex hosting is a necessity.  If you are trading an automated program, such as an Expert Adviser on MetaTrader, then your trading will only be as good as your internet connection. At home, or in your office, one of a number of things could happen to scupper your trading efforts - your PC could crash, there could be a power outage at home, or you could have a problem with your internet connection. Either way, you need a Metatrader hostingcompany to host your trading software, so you can avoid these problems.

There are several forex hosting companies in the market at present, some good, some bad. More often than not, however, it takes several attempts at trying a few companies, and having bad experiences, before you find a hosting company that is right for you.

Finally,  last month I came across a company which finally delivered  a promise to provide a comprehensive Metatrader hosting solution for forex traders.

There is a lot of buzz in the market about this forex hosting company, and for the right reasons.  What is unique about Forex VPS Hosting is that they are a company which was established by forex traders, alongside VPS hosting experts. So that when they created the VPS servers, they knew exactly what they wanted, and the result is a powerful, robust, flexible and cost effective forex hosting solution for currency traders.

Forex VPS Hosting offer 3 different plans for traders to choose from. The Starter Plan is priced at $39, which is fantastic  value for a well spec’ed Metatrader hosting solution. For this, you get a 50GB hard disk, 500GB bandwidth, and a very generous 512 MB RAM. This will be sufficient for the vast majority of forex traders, and will enable the trader to install up to four instances of Metatrader. However, it should be noted that this will depend on exactly how many indicators, how many charts, and the type of Expert Adviser that the trader is utilising.

For more advanced, or heavy users of Expert Advisers, or for traders who want to demo a strategy or EA on multiple brokers, then you would be advised to choose one of the better spec’ed plans, such as the Advanced, or Pro plans.

I had a problem installing Metatrader of one of my brokers, and I submitted a ticket to their support desk. I had a very helpful reply within a couple of hours, which solved the problem. All in all, I have no issue to recommend these guys -you can find more about their forex hosting services by clicking here.